March 22, 2022

#85 - Building from first principles: Francisco Larraín, Topsort

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Francisco Larraín's professional journey tells a story of coming full circle.

It all started as a founding team member for advertisement network Tapjoy. Having gotten a taste for the world of startups, he went on to found payment technology solution Zappedy and to have a $30 million exit to Groupon, where he stayed as Head of Local Engineering for 3 years.

It wasn't long before Francisco got back on the saddle and founded Maxxa, the largest insurtech company in Chile, and he scaled it up to over 25,000 SMB customers before looking for a new challenge.

When he felt ready to tackle the next big thing, Francisco decided to go back to his beginnings in the monetization space: he and co-founder Regina Ye started auction-based advertisement solution Topsort in 2021 hoping to bring innovation to marketplace advertisement.

Having just raised a $8 million dollar Seed Round at a $110 million valuation from names like Pear Ventures, Quiet Capital and FJLabs, I'd say they're well on the way to accomplishing their goals.

Today, Francisco and I are going over:

  • His successful exit strategy for Zappedy
  • The challenges of tech leadership roles
  • Topsort's journey from idea to Product-Market fit

Building something new? Apply for the Latitud Fellowship at apply.latitud.com

Hellen Villena

Latitud Content Specialist

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