Fundraising FoxCarao Ventures
Venture capitalSan José · Pre-Seed–Series A · 10 people tracked
Also known as Carao
Find your way into Carao Ventures
Sign up to see every warm intro you have to Carao Ventures
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Carao Ventures team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
Carao Ventures invests at the pre-seed, seed, and pre-Series A stages in 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 across nearly every sector. It is open to companies based in the US when led by a Latin American founder, provided a relevant portion of operations sits in its target geography. The firm explicitly excludes weapons, alcohol, tobacco, and gambling from its investment scope.
Source: firm website, verified Sep 27, 2026.
Team · 10 people
from the firm's website & public directories
What they invest in
from 30 of 45 portfolio companiesFintech ×11SaaS ×11AI & Machine Learning ×10Enterprise Software ×6Healthtech ×5Medical Devices ×4Consumer ×3Direct to Consumer ×3
HQs:Mexico×6United States×5Chile×2Colombia×2Argentina×1Dominican Republic×1
Who they back
founder profiles across 21 portfolio companiesFounding team size:solo founder×72 founders×73 founders×54+ founders×2
Where their founders studiedfrom 31 founders with education data
Universidad Torcuato Di Tella ×4Columbia Business School ×2Pontificia Universidad Católica de Chile ×2Sciences Po ×2Stanford University Graduate School of Business ×2The London School of Economics and Political Science (LSE) ×2The University of Manchester ×2The Wharton School ×2
What their founders studiedfrom 29 founders with field-of-study data
Business & Management ×7Computer Science ×7Engineering ×7Economics ×6Design & Architecture ×2Finance & Accounting ×2
Where their founders worked beforefrom 33 founders with career history
Start-Up Chile ×40BS ×2Celeru ×2Keybe ×2Rockstart ×2
Accelerator rootsportfolio companies that came through a program
1 founders hold a PhD · 3 hold an MBA (of 34 with degree data)
Investments · 45 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 22024 · 12023 · 12022 · 52021 · 12020 · 12019 · 12013 · 115 dated
Augmental develops body-coupled interfaces that enable hands-free control of computers and communication with AI, designed primarily for people with severe motor limitations.
AI & Machine LearningDeep TechHardwareHealthtechMedical Devices
Corten Singer(Co-Founder and Engineer)inTomás Vega(Co-Founder and Engineer)in
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 FreyinDavid HernandezinFiliberto Castro
Co-investors500 GlobalDigital Currency GroupIGNIAKrealoValor Capital GroupWollef Ventures+1 more
Boxful is a technology company operating in El Salvador, Honduras, Guatemala, and Costa Rica.
Logistics & Supply Chain
Co-investorsGAIN | Guadalajara Angel Investor NetworkInnogen Capital Ventures
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)inLaura Fernandez(HR)Daniela Guidalevich(Head of HR)
Co-investorsAmador HoldingsDigital HorizonDVCFundersClubImmeasurableInQlab+19 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 OrozcoinLuis MayagoitiainDaniel Bernardez Oliver(Founder)
Co-investors30N Ventures500 GlobalAZURO CAPITAL VENTURESGalicia VenturesHoneystone VenturesIGNIA+4 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 provider offering fiber plans (400, 600, or 800 Mbps) with no contracts, no installation fees, and pay-per-day recharges starting at COP $2,500.
Consumer
Emiliano Mroue, CFA(Founder)in
Co-investorsIMPAQTO CapitalNew Ventures Capital
Futura is a digital dental laboratory solution that provides dentists with an intraoral scanner, clinical management portal, and lab services with training and support.
HealthtechMedical DevicesSaaSWellness & FitnessMexico City, MX
Tommaso Tomba(Founder)inLeonardo Miron(Founder)inAlexander Clapp
Co-investorsAlumni VenturesY Combinator0BSAlleyCorpAxon Partners GroupDark Horse Ventures+14 more
Colombia's leading mobility ecosystem.
Felipe Ochoa Londono(Founder)Jorge Miguel Camacho(Founder)
Co-investorsKaszek VenturesQualcomm VenturesSolid 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 VenturesMagma PartnersSoma CapitalY CombinatorFen VenturesGaingels+3 more
__Twitter.png)
Levita Magnetics develops surgical platforms that use magnetic technology to enhance minimally invasive procedures for surgeons and hospitals.
AI & Machine LearningHealthtechMedical DevicesRoboticsMountain View, US
Alberto Rodriguez-Navarro(Founder, President, CEO)inNicolas Luksic(Co-founder)in
Co-investorsBAMCAPHealthtech CapitalMedTex Ventures LLC
Grand Cayman
Guilherme Soares de Mello(Executive Officer, Director)Manuel Rodrigues Tavares de Almeida Neto(Executive Officer, Director)
Co-investorsLegalTech
Miguel Hidalgo, MX
German Zuccoli(Founder)in
Co-investorsNuMundo VenturesWollef Ventures
Moons provides invisible, removable dental aligners for teeth straightening in Mexico.
Digital HealthDirect to ConsumerHealthtechMedical DevicesMexico, MX
Tommaso Tomba(Founder)inAlex Clapp(Founder)inLeonardo Miron(Founder)in
Co-investorsAlleyCorpAlumni VenturesDila CapitalFJ LabsITERATIVEJacket River Capital Partners+4 more
Ultimate Gadget Laboratories designs and builds the Ultimate Hacking Keyboard (UHK) line of modular mechanical keyboards, including split and columnar models with wired and wireless connectivity.
ConsumerHardware
Co-investorsDERIVE VENTURESNV NOMFlybridge Capital PartnersK50 VenturesPrimary Venture Partners
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
Co-investors17SigmaNorte Ventures
ObraLink automates manual data-collection and control tasks in construction projects using BIM, IoT, and computer vision to detect work progress, automate planning, and measure concrete strength in real time.
Construction TechHardwareIoTPropTechRoboticsSaaSSantiago, CL
Emiliano Pinto(Founder)inJuan Carlos Fernández Romero(Founder)in
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
Co-investorsFlybridge Capital PartnersMovileNFXUnderscore VCWayra
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 develops machine learning and deduction technology that models customer beliefs and behaviors for supply chain optimization and personalized consumer finance applications.
AI & Machine LearningEnterprise SoftwareFintechLogistics & Supply Chain
Carlos Araya(Founder, Chief Executive Officer)inLuis L. Pérez(Co-Founder, Chief Technology Officer)
Slidebean is a presentation software platform for creating pitch decks and business slides.
Marketing TechSaaSSocialNew York City, US
Caya (Jose Cayasso)(Founder)inAfraaz MastersinJose Enrique BolanosinVinicio Chantoin
Co-investors500 GlobalBonfire VenturesFirstrock CapitalMagma Partners
Speratum Biopharma develops RNA interference (RNAi) therapeutics for cancer and other hard-to-treat genetic diseases, using its proprietary NoPass RNAi design platform and Nano-In nanoparticle delivery system.
BiotechDeep TechHealthtech
Christian Marín Müller(Founder)in
Strike provides an AI-powered vulnerability management and attack simulation platform for enterprises to identify and remediate security risks.
AI & Machine LearningCybersecurityDefense TechEnterprise SoftwareSaaS
Santiago Rosenblatt(Founder)inFacundo López Juncal(Founder)
Co-investorsFJ LabsLatitud VenturesMagma PartnersNXTPCanaryFinTech Collective+3 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(CEO)inFabio Fleitas(Founder)inCarlos R. Vega(Founder)Chase DeHan(Lead Data Scientist)Peter Hadlaw(ML Engineer)Mari Ventura(Special Projects)
Co-investorsBAMCAPFirst Round CapitalFloodgateFundersClubKube VCMadrona Venture Group+16 more
Thrive Care produces natural mineral sunscreen products formulated with plant-based actives from regeneratively farmed sources.
CleantechConsumerDirect 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
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AvivaBellelliCaldoCaldo Restaurant TechnologiesFinanexGo PatoHuliMegabiteR5Vor TexVortex
Portfolio news
latest coverage across their companiesSaf · finsmes.com · Jul 25, 2025
Crabi · fintech.global · Jun 6, 2025
Frequently asked questions
- How many investments has Carao Ventures made?
- Carao Ventures has 45 tracked investments, including 4 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 Magma Partners, 500 Global, IGNIA, among 71 tracked co-investors.
- What size deals does Carao Ventures back?
- Across 11 deals with disclosed amounts, Carao Ventures has joined rounds of $700K – $26M (median $4.6M).
Co-investors · 19
Flybridge Capital Partners is an East Coast venture capital firm backing early-stage, AI-focused startups. Founded in 2002, it invests at the pre-seed and seed stages across AI applications, infrastructure, and related sectors.
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.
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.
Derive Ventures is an early-stage venture fund investing in technology for the next generation of hospitality, experiences, and real estate, aiming to bridge travel and technology. It combined with Thayer Ventures in 2024 to form Thayer Investment Partners (TIP).
Innogen Venture Capital is a venture capital firm that invests in startups, with a presence in San Francisco and a focus that extends to Latin America, including El Salvador. Its team is led by three managing partners and works with founders looking to scale their companies.
Madrona Venture Group is a venture capital firm that backs founding teams at the seed, early, and acceleration stages, with a focus on Seattle, the Bay Area, and beyond.
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 venture arm of Clocktower Group, backing technology companies transforming financial services across consumer and enterprise fintech.
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.
K50 Ventures is a venture firm backing founders reinventing the physical economy, with a focus on the transformation of industrials through reshoring, electrification, and AI-native infrastructure.
▶7 more co-investors
Great Oaks Venture CapitalSOSVSusa Ventures23andMeStructure CapitalPreface VenturesTNT Ventures
Firms observed investing alongside Carao Ventures, from public investor directories. Shared companies are the overlap with Carao Ventures's recorded portfolio.
Similar investors
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
Blackbird is a venture capital firm that backs founders from the earliest stages, with a focus on ambitious technology startups across Australia and New Zealand.
Blueyard is a small equal partnership with offices in the US and Europe, investing in early-stage companies.
Correlation Ventures is a venture capital firm that emphasizes a fast, data-driven investment process, using a large VC dataset and its network to support startups.