The Company was founded by a group of wealthy Basques from the province of Gipuzkoa in 1728, under the leadership of the Count of Peñaflorida, Xavier María de Munibe e Idiáquez.
Trade, especially in cacao, brought money to the colony in the late 17th century in the form of coin from the Mexico money supply increased significantly after the Compañía Guipuzcoana de Caracas obtained a trade monopoly in 1729, and Spanish and Spanish-American coin became a common form of payment.
In 1751, inhabitants of Los Guayos joined the national uprising led by Francisco de León against the Compañía Guipuzcoana.
Caracas | El Nacional (Caracas) | Compañía Guipuzcoana de Caracas | Leones del Caracas | El Universal (Caracas) | Electricidad de Caracas | Dinner in Caracas | Transeuropa Compañía de Aviación | Poliedro de Caracas | La Compañía | El Diario de Caracas | Compañía Nacional De Chocolates de Perú S.A. | Compañía Nacional de Chocolates de Perú S.A. | Caracas Stock Exchange | Billo's Caracas Boys |
La Guaira was a port of the Royal Gipuzkoan Company of Caracas, whose ships had rendered great assistance to the Spanish navy during the war in carrying troops, arms, stores and ammunition from Spain to her colonies, and its destruction would be a severe blow both to the Company and the Spanish Government.
Puerto Cabello was the careening port of the Royal Gipuzkoan Company of Caracas, whose ships had rendered great assistance to the Spanish navy during the war in carrying troops, arms, stores and ammunition from Spain to her colonies, and its destruction would be a severe blow both to the Company and the Spanish Government.