Carao Ventures
Venture capitalSan José · Pre-Seed–Series A · 11 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 · 11 people
from the firm's website & public directoriesWhat they invest in
from 7 of 35 portfolio companiesFintech ×4Enterprise Software ×3SaaS ×3AI & Machine Learning ×2E-commerce ×1Logistics & Supply Chain ×1Marketplaces ×1Sales Tech ×1
HQs:Mexico×2Argentina×1Chile×1Spain×1United States×1
Investments · 35 tracked
founders shown can be your intro pathAviva 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
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
Grand Cayman
Guilherme Soares de Mello(Executive Officer, Director)Manuel Rodrigues Tavares de Almeida Neto(Executive Officer, Director)
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<UNKNOWN>
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
Frequently asked questions
- 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.
Co-investors · 19
Kaszek is a venture capital firm investing across Latin America, with local presence in Buenos Aires, Mexico City, Montevideo and São Paulo.
Madrona Venture Group is an early-stage venture capital firm that backs founding teams at seed, early, and acceleration stages, primarily in Seattle, the Bay Area, and beyond.
Flybridge Capital Partners is an early-stage venture firm backing founders building AI-driven companies, from AI infrastructure and agentic business applications to entirely AI-native products.
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.
Alumni Ventures (AV) is a venture firm that gives accredited individual investors access to professionally managed, diversified venture portfolios by co-investing alongside leading lead VC firms. It offers annual funds, syndicate deal-by-deal investing, and various investor clubs.
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.
Susa Ventures operates two early-stage technology funds that invest in companies leveraging data, network effects, and economies of scale.
500 Global (formerly 500 Startups) is a venture capital firm that invests in startups worldwide and runs programs for founders and investors.
23andMe Research Institute is a genetic research organization that unites a community of 11 million members to advance health discoveries and deepen understanding of human DNA through collaborative research. The institute operates a cycle where members contribute genetic data that fuels research, which produces insights and breakthroughs that flow back to members and society.
▶7 more co-investors
Structure CapitalFinTech CollectivePreface VenturesTNT VenturesDERIVE 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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