🦊/Investors

Carao Ventures

Venture capital

San José · Pre-Seed–Series A · 10 people tracked

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1,165 people in our graph share verified history with the Carao Ventures team — schools, employers, funds. One of them is your warm intro.

Tobi Cokerunlockedknows Allan Boruchowicz · together at Kauffman Fellows (overlapped)
×7knows the team · via Kauffman Fellows
×2knows the team · via Babson College
knows the team · via Peace Corps
knows the team · via Nomura
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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.

Stage
Pre-Seed–Series A
HQ
San José, CA, CR
Instruments
Equity
Founded
2012
Last 12 months
2 investments
Tracked investments
37

Team · 10 people

from the firm's website & public directories

What they invest in

from 29 of 37 portfolio companies

Fintech ×11AI & Machine Learning ×10SaaS ×10Enterprise Software ×6Healthtech ×4Consumer ×3Direct to Consumer ×3Hardware ×3

HQs:United States×5Mexico×4Colombia×3Chile×2Argentina×1Dominican Republic×1

Who they back

founder profiles across 19 portfolio companies
42%
solo founders
8 of 19 mapped founding teams
47%
repeat founders
of 30 founders with career history

Founding team size:solo founder×82 founders×63 founders×34+ founders×2

Where their founders studiedfrom 30 founders with education data

Universidad Torcuato Di Tella ×4Columbia Business School ×2Latitud ×2Stanford University Graduate School of Business ×2The University of Manchester ×2Universidad de Costa Rica UCR ×2Universidad Panamericana ×2Universidad Tecnológica Nacional ×2

What their founders studiedfrom 25 founders with field-of-study data

Business & Management ×7Computer Science ×6Engineering ×6Economics ×5Design & Architecture ×2Finance & Accounting ×2

Where their founders worked beforefrom 30 founders with career history

Start-Up Chile ×4Celeru ×2Keybe ×2Prodigio Capital ×2Rockstart ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×3

1 founders hold a PhD · 2 hold an MBA (of 30 with degree data)

Investments · 37 tracked

founders shown can be your intro path

By year:2026 · 22025 · 22024 · 12023 · 12022 · 52021 · 12020 · 12013 · 114 dated

Augmentalaugmental.techin𝕏

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 Créditoavivacredito.comin𝕏

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

Bildtekbildtek.cominPre-Seed · Oct 2013 · $700K

BILDTEK provides steel framing technology and design-build construction services.

Construction Tech

Federico Amador(Founder, CEO)inAntonio Yglesias(General Manager)in

Bravengobraven.cominJun 2026 · $4.6M

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

clicOHclicoh.cominSeries A · Feb 2025 · $1M

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

Crabicrabi.cominSeed · Jun 2025 · $13.6M

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 Mayagoitiain

Co-investors30N Ventures500 GlobalAZURO CAPITAL VENTURESGalicia VenturesHoneystone VenturesIGNIA+3 more

Escalaescala.comin

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

Fibrazofibrazo.comin

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

Emiliano Mroue, CFA(Founder)in

Co-investorsNew Ventures Capital

Floidfloid.aiinAug 2024 · $2M

Floid is an Open Finance platform that provides APIs for account-to-account payments, payment dispersion and reconciliation, bank account validation, and access to verified financial and identity data from bank and non-bank sources.

Data & InfrastructureFintechSaaS

Goboxfulgoboxful.com

Boxful is a technology company operating in El Salvador, Honduras, Guatemala, and Costa Rica.

Logistics & Supply Chain

GrupoR5grupor5.comin𝕏

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

Leafgrowleafgrow.ioin𝕏

Leafgrow is a creative production and optimization platform for direct-to-consumer brands that uses data-driven testing to generate, test, and refine multi-format ad creatives to reduce conversion costs.

AdTechData & InfrastructureDirect to ConsumerMarketing Tech

Lenkgetlenk.comin

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

Levitalevita.comin𝕏Aug 2022 · $26M

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-investorsHealthtech CapitalMedTex Ventures LLC

Loopaloopa.financeDec 2020

Grand Cayman

Guilherme Soares de Mello(Executive Officer, Director)Manuel Rodrigues Tavares de Almeida Neto(Executive Officer, Director)

Co-investorsLegalTech

Mirlomirlo.mxin

Miguel Hidalgo, MX

German Zuccoli(Founder)

Moonsmymoons.coin

Moons offers custom, removable invisible aligners for teeth straightening, sold direct to consumers through certified dentists and in-store points at Liverpool retail locations.

Digital HealthDirect to ConsumerHealthtech

Nayanaya.techin𝕏Sep 2022 · $5M

Naya Create 3.0 is a customizable keyboard product that allows users to configure their setup by selecting modules, switches, and keycaps to personalize their input device.

ConsumerHardware

Co-investorsNV NOMDERIVE VENTURESFlybridge Capital PartnersK50 VenturesPrimary Venture Partners

Naya Homesnayahomes.coin𝕏

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

Nullplatformnullplatform.comin𝕏
Obralinkobralink.comin𝕏Seed · Nov 2022 · $2M

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

Onestonest.do

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

Rewardswebrewardsweb.comin

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

Rexirexi.financeinJul 2026

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-investorsMovileNFXWayra

Safsaf.money

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

Singularitiessingularities.comin

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)

Slidebeanslidebean.comin𝕏

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

Speratumsperatum.comin𝕏

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

Strikestrike.shinSeed · Apr 2022 · $5M

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 Rosenblattin

Co-investorsLatitud VenturesNXTPCanaryFinTech CollectiveFJ LabsGalicia Ventures+1 more

Tesoriotesorio.comin𝕏Jul 2022 · $17M

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

Thrivecarethrivecare.co

Thrive Care produces natural mineral sunscreen products formulated with plant-based actives from regeneratively farmed sources.

CleantechConsumerDirect to ConsumerWellness & Fitness

Wekallwekall.coinPre-Seed · Sep 2021 · $1M

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.

BellellieducacionCaldo Restaurant TechnologiesFinanexHuliVor Tex

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Carao Ventures made?
Carao Ventures has 37 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 500 Global, IGNIA, Y Combinator, among 48 tracked co-investors.

Co-investors · 19

500 Global

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.

$150K
Flybridge Capital Partners

Seed-stage venture capital firm based in Boston and New York City investing in ambitious founders leveraging the power of AI. With over $1 billion under management across six seed funds and seven pre-seed funds, portfolio companies include BetterCloud, BitSight, Bowery, Chief, Codecademy (acq: SKILL), FalconX, Firebase (acq: GOOG), Infracommerce (BVMF: IFCM3), MadeiraMadeira, MongoDB (NASDAQ: MDB), Open English, Plastiq, and Splice.

Both backed · 2
$250K – $10M
Kaszek Ventures

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.

Both backed · 2
DERIVE VENTURES

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.

Both backed · 2
Madrona Venture Group

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.

Both backed · 1
$2M – $10M
Mango Capital

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.

Both backed · 1
$1M – $1.5M
Clocktower Ventures

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.

Both backed · 1
$100K – $20M
BBG Ventures

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.

Both backed · 1
$350K – $1.5M
FinTech Collective

FinTech Collective is a venture capital firm partnering with founders building companies that reshape financial markets and reimagine money in a digital world.

Both backed · 1
$100K – $10M
K50 Ventures

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.

Both backed · 1
$50K – $250K
Alumni Ventures

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.

$100K – $10M
Great Oaks Venture Capital

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.

$50K – $500K
7 more co-investors

SOSVSusa Ventures23andMeStructure CapitalPreface VenturesTNT 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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