Carao Ventures
Venture capitalSan José · Pre-Seed–Series A · 12 people tracked
Investment thesis
Carao Ventures invests in early-stage startups across Spanish-speaking Latin America, with particular interest in Central America, the Dominican Republic, Colombia, Ecuador, and Peru. The firm believes the region's industries are largely uncompetitive and underserved by smart early-stage venture funding, creating broad opportunities for value creation. It backs founders with technical skills and grit across essentially any industry, excluding sectors such as weapons, alcohol, tobacco, and gambling. Carao typically funds companies at Pre-Seed, Seed, and Pre-Series A stages, with flexibility for US-based companies run by Latin American founders whose operations are meaningfully rooted in the firm's target geography.
Source: firm website, verified Aug 3, 2026.
Team · 12 people
from the firm's website & public directories
What they invest in
from 28 of 35 portfolio companiesFintech ×10SaaS ×10AI & Machine Learning ×9Enterprise Software ×5Healthtech ×3InsurTech ×3Logistics & Supply Chain ×3Marketing Tech ×3
HQs:Mexico×4Colombia×3United States×3Argentina×1Chile×1Dominican Republic×1
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×62 founders×23 founders×2
Where their founders studiedfrom 11 founders with education data
Universidad Torcuato Di Tella ×3Universidad Tecnológica Nacional ×2
Where their founders worked beforefrom 11 founders with career history
Start-Up Chile ×4Celeru ×2Keybe ×2Prodigio Capital ×2Rockstart ×2
Accelerator rootsportfolio companies that came through a program
Investments · 35 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 12020 · 14 dated
Augmental makes the MouthPad^, a hands-free touchpad worn on the roof of the mouth that converts head and tongue gestures into cursor control and clicks for phones, computers, and tablets via Bluetooth.
Deep TechHardwareHealthtech
Co-investorsThe E14 Fund
Aviva is a financial institution in Mexico that provides personal loans to individuals and small business owners through video calls conducted at kiosks, with a focus on straightforward lending without extensive paperwork.
FintechMexico, MX
Amran FreyDavid HernandezFiliberto Castro
Co-investors500 GlobalDigital Currency GroupIGNIAKrealoValor Capital GroupWollef Ventures+1 more
Braven builds AI agents for the reinsurance industry that ingest submissions and documents, assess risk against a firm's appetite and compliance rules, and execute workflows such as quoting and bordereaux generation.
AI & Machine LearningEnterprise SoftwareInsurTech
Alejandro Rebolledo(Co-Founder & COO)
Co-investorsBroom VenturesCollide CapitalFiat VenturesMGV
ClicOH provides fulfillment, warehousing, and last-mile delivery services for e-commerce businesses across Latin America.
E-commerceEnterprise SoftwareLogistics & Supply ChainBuenos Aires, AR
Agustin Novillo Saravia(Founder)inJuan Martin Altamirano(Founder)inEmiliano Segura(Founder)in
Co-investorsAmador HoldingsDigital HorizonDVCFundersClubImmeasurableInQlab+9 more
Crabi is a digital car insurance provider offering coverage for material damage, theft, third-party liability, medical attention, roadside and legal assistance, managed entirely through its website and mobile app.
FintechInsurTech
Cristina CarreraDaniel unknownJavier OrozcoLuis Mayagoitia
Co-investors30N Ventures500 GlobalAZURO CAPITAL VENTURESGalicia VenturesHoneystone VenturesIGNIA+3 more
Escala is a CRM platform that centralizes and automates sales processes using AI, helping businesses increase sales velocity and optimize their commercial operations.
AI & Machine LearningSaaSSales Tech
Gonzalo Garcia(Founder)in
Co-investorsHigh AlphaID8 InvestmentsIGNIAAlaya Capital
Fibrazo is a prepaid home internet and mobile service provider offering fiber connections (400, 600, or 800 Mbps) with no contract, no installation fee, and daily top-up recharges starting at $2,500 pesos.
Consumer
Co-investorsNew Ventures Capital
Co-investorsFlori VenturesHoney Island CapitalLatitud VenturesNewlin Ventures
R5 offers an online platform and mobile app for buying SOAT (mandatory vehicle insurance) and managing vehicle ownership tasks such as tracking pico y placa restrictions and document expiration dates.
FintechInsurTechMobility & Transportation
Co-investorsAccionMagma Partners
Lenk provides a white-label platform that automates financial origination processes including onboarding, lending, and leasing for financial institutions.
Enterprise SoftwareFintechSaaSSantiago, CL
Guido Galanter(Founder)inTomás Gropper(Founder)inNicolás Piqueras(Founder)in
Co-investorsHoneystone VenturesY Combinator
Levita Magnetics develops the MARS surgical platform, which combines magnetic surgical technology with AI-guided camera control for use in minimally invasive procedures.
AI & Machine LearningMedical DevicesRobotics
Co-investorsHealthtech Capital
Grand Cayman
Guilherme Soares de Mello(Executive Officer, Director)Manuel Rodrigues Tavares de Almeida Neto(Executive Officer, Director)
Co-investorsLegalTech
Naya Homes by Casago operates a curated portfolio of vacation rental properties and luxury beachfront accommodations across Mexico's Pacific coast destinations, including Puerto Vallarta and the Riviera Nayarit.
MarketplacesTravel & HospitalityPuerto Vallarta, MX
Co-investorsClocktower VenturesDERIVE VENTURESFlybridge Capital PartnersBBG VenturesPrimary Venture Partners
ObraLink provides construction site tracking and planning software that gives construction firms and developers updated field data to monitor project progress and make decisions.
Construction TechPropTechSaaS
Co-investorsCemex Ventures
Onest is a mobile lending app that offers small consumer loans to individuals in the Dominican Republic without checking credit history or requiring formal income, using its own technology to assess applicants.
AI & Machine LearningFintech
RewardsWeb builds solutions for loyalty and rewards programs, aiming to improve how customers engage with and redeem rewards.
FintechMarketing TechSaaS
Co-investorsKibo VenturesNordic Eye Venture Capital
REXI provides AI-powered reconciliation infrastructure that connects payment, banking, ERP, and accounting sources to automatically match transactions, resolve exceptions, and close the books for finance operations teams.
AI & Machine LearningFintechSaaS
Teo Zavalia Gahan(Founder)in
saf. provides cross-border payment infrastructure for companies operating in Central America, enabling money transfers across the region via an API that uses digital assets and local banking rails.
Fintech
Mario Aguiluz(Founder)in
Co-investorsHivemind Ventures, Llc
Singularities builds Aleph AI agents using proprietary machine reasoning, machine learning, and mathematical optimization technology to support business operations.
AI & Machine LearningEnterprise SoftwareLogistics & Supply Chain
Slidebean is a presentation software platform for creating pitch decks and business slides.
Marketing TechSaaSSocial
Caya (Jose Cayasso)(Founder)inAfraaz MastersCayaJose Enrique BolanosVinicio Chanto
Co-investors500 GlobalBonfire VenturesFirstrock CapitalMagma Partners
Strike offers an always-on security platform that combines AI agents with human security experts to continuously map an organization's assets, run attack emulations, and support vulnerability remediation.
AI & Machine LearningCybersecuritySaaS
Co-investorsLatitud VenturesNXTPCanaryFinTech CollectiveFJ LabsGalicia Ventures+1 more
Tesorio provides a Connected Financial Operations platform that automates accounts receivable workflows including collections, cash application, forecasting, and payment management for finance teams at growing companies.
AI & Machine LearningEnterprise SoftwareFintechSaaSSan Francisco, US
Carlos Vega(Founder/CEO)inFabio Fleitas(Founder)in
Co-investorsFloodgateFundersClubKube VCMadrona Venture GroupMango CapitalXplorer Capital+6 more
Thrive develops plant-based skincare products, including sunscreen and a daily skin routine, formulated with regeneratively farmed super-plants native to Costa Rica.
ConsumerDirect to ConsumerWellness & Fitness
WeKall is a cloud-based conversational AI platform for voice and chat that unifies business communication channels such as calls, email and WhatsApp, offering products like cloud telephony, contact center, AI voice assistants and call transcription.
AI & Machine LearningSaaSSales Tech
Felipe Sánchez(Founder)inJulian Sanchez(Founder)in
Co-investorsRockstart
Portfolio news
latest coverage across their companiesMoons · scanx.trade · Aug 22, 2026
Augmental · foxnews.com · Aug 14, 2026
Slidebean · startupfundraising.com · Aug 12, 2026
Strike · ecofinagency.com · Jul 31, 2026
Rexi · agilityfeat.com · Jul 28, 2026
Braven · beinsure.com · Jun 17, 2026
Saf · finsmes.com · Jul 25, 2025
Escala · calcalistech.com · Jul 21, 2025
Frequently asked questions
- How many investments has Carao Ventures made?
- Carao Ventures has 35 tracked investments, including 3 dated in the last 24 months.
- What stage does Carao Ventures invest at?
- Carao Ventures invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Carao Ventures focus on?
- Carao Ventures focuses on Sector Agnostic.
- Where is Carao Ventures located?
- Carao Ventures is headquartered in San José, CR.
- Who does Carao Ventures co-invest with?
- Carao Ventures most often shares deals with 500 Global, IGNIA, Y Combinator, among 48 tracked co-investors.
Co-investors · 19
500 Global (formerly 500 Startups) is a venture capital firm whose flagship Silicon Valley strategy backs promising technology companies from pre-seed onward across a range of sectors and geographies.
Kaszek is an investment firm run by tech entrepreneurs that partners with founders across Latin America, providing capital along with hands-on expertise in strategy, operations, team-building, growth, technology, and fundraising.
Madrona Venture Group is a Seattle-founded venture firm that partners with founders across early and acceleration stages, providing capital plus hands-on support in recruiting, strategy, business development, and fundraising.
Flybridge Capital Partners is an early-stage venture capital firm that invests in entrepreneurs building companies with global reach. The firm focuses on supporting innovative ventures from their initial funding stages.
Mango Capital is an early-stage venture firm investing in enterprise software founders at inception, before product-market fit, with a focus on agent infrastructure and intelligent applications.
Clocktower Ventures is the fintech-focused venture practice of Clocktower Group, backing technology companies transforming financial services across consumer and enterprise. It is based in Santa Monica, California.
BBG Ventures is a venture firm that invests at the edges of the innovation spectrum, backing companies built on deep technology leverage as well as those addressing fundamental human needs.
FinTech Collective is a venture capital firm partnering with founders building companies that reshape financial markets and reimagine money in a digital world.
Derive Ventures is an early-stage venture fund focused on the travel, hospitality, experiences, and real estate sectors, aiming to connect technology and travel by backing entrepreneurs.
Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.
Great Oaks Venture Capital is a New York-based early-stage investor that partners with founders at the earliest stages of company building across the United States.
SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.
▶7 more co-investors
Susa Ventures23andMeStructure CapitalPreface VenturesTNT VenturesK50 VenturesInnogen Capital Ventures
Firms observed investing alongside Carao Ventures, from public investor directories. Shared companies are the overlap with Carao Ventures's recorded portfolio.
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