Cacao Capital

Cacao Capital is a venture capital firm established in 2019 and located in Guatemala. The firm specializes in conscious angel investment and aims to support entrepreneurs in emerging markets. Cacao Capital focuses on a diverse range of sectors, including financial technology, advertising technology, agricultural technology, e-commerce, health technology, software as a service, food technology, and media. By investing in these areas, Cacao Capital seeks to foster innovation and growth within the entrepreneurial landscape of emerging economies.

Ana Lucrecia Glaesel Coloma

Co - Founder and Managing Partner

Jaime Matus

Co - Founder and Managing Partner

Ximena Matus

Managing Partner

Julia Valle

Financial and Potfolio Analyst

12 past transactions

Jobbi

Pre Seed Round in 2025
Jobbi is the HR super-app to hire cross-border talent. Companies can get matched with pre-vetted professionals in seconds, filter their candidates in a customizable recruitment pipeline and keeps the candidates aware of the process automatically, hire compliantly in a few clicks, and pay their global teams (compensation and benefits), in a single place.

KredFeed

Seed Round in 2024
KredFeed is a technology platform designed to assist small and medium enterprises in managing their cash flow by converting accounts receivable into immediate cash. By enabling suppliers within supply chains to liquidate their receivables, KredFeed provides essential liquidity that allows businesses to scale effectively. The platform facilitates faster access to funds, allowing business owners to receive payment for their sales without the delays typically associated with payment deadlines. In addition to improving cash flow, KredFeed also offers smart cash flow management tools and CFO resources, helping clients address their working capital needs and enhance their overall financial health.

Ábaco

Pre Seed Round in 2023
We're reinventing financial services with capital, payments & platform solutions so every growing company can reach their full potential.

Finanex

Pre Seed Round in 2023
Finanex operates a finance platform designed to provide digital trade finance support to small and medium-sized agribusinesses in Latin America. The company focuses on enhancing the export capabilities of these businesses, particularly those involved in food exports, by offering tailored financial solutions that address the unique challenges of agriculture and production. By facilitating same-day funding and personalized service, Finanex aims to increase export volumes while generating a sustainable impact in rural communities facing economic vulnerabilities. This approach not only supports the growth of agribusinesses but also contributes to addressing food deficits in various countries.

Propi

Pre Seed Round in 2022
Propi is a platform that accelerates the rental of residential real estate for landlords and tenants. Propi is revolutionizing the real estate sector in Latam with top-notch proprietary software transforming a painful process with high information asymmetry into a seamless end-to-end experience, for tenants, landlords, and buyers.

Argus Analytics

Angel Round in 2022
Discover the power of geo-behavioral consumer insights. A leader in consumer pattern analysis based on geolocation historical data, we are on a mission to provide businesses the power to gain a deeper understanding of their customers and their industry. Our solutions deliver rich, actionable, real-time insights about consumer behavior to organizations, helping them to successfully recognize, interest, comprehend and retain their customers. They also provide a clear view of the competitive environment, allowing companies to forestall and stay ahead of the game. Get started now.

Favik

Pre Seed Round in 2022
Favik is an online platform established in 2020 and based in Bogotá, Colombia, that supports influencers in building and managing their brands. The company offers comprehensive brand creation software that assists creators and influencers in various aspects of their business, including marketing, retail, technology, operations, finance, and overall business strategy. This enables social influencers and content creators to develop their brands while managing all operational tasks, from product production to consumer delivery.

BeeCuick

Pre Seed Round in 2022
BeeCuick is a provider of business-to-business logistics services focused on supply fulfillment for micro and small restaurants. The company offers an automated purchasing system that streamlines the procurement process, allowing these businesses to save time and enhance productivity. By facilitating access to real-time hotel needs and ensuring suppliers can meet specific demands, BeeCuick helps restaurants increase their income and sales. Its innovative approach addresses the unique challenges faced by smaller establishments in the competitive food service industry.

Digital Twin Corporation

Angel Round in 2022
Digital Twin Corporation is a Central American agtech startup focused on supply chain optimization. Agricultural supply chains around the world face great challenges that make them fragile and inefficient. Failures in the supply chain processes cause extremely high product losses that are difficult to detect. Between 30-40% of all agricultural products suffer physical damage during post-harvest processes, causing enormous environmental, social and economic impact. For example, a single 3,000-hectare pineapple field annually loses approximately 60,000 tons of fruit with a market value of over $20.4 million. In addition, there are major gaps in product traceability. Poor traceability leads to fraud, illegal sourcing, mislabeling, and breach of quality standards, particularly with imported produce. Our goal is to digitalize the fresh produce industry, capturing and integrating the complete flow of information to improve food quality and safety. To achieve this, we have developed a prototype IoT platform that uses fruit-shaped devices (Digital Twins) that mimic the physical characteristics of real fruit. These digital twins are inserted into produce batches at harvest time and travel alongside the real fruit end-to-end throughout the supply chain, capturing agricultural and process information through internal sensors and tablets. This allows us to generate real-time predictive information to help growers and exporters make appropriate decisions to reduce waste (e.g., re-route shipment to reach nearer market), and also provide a permanent, unalterable record of contracts, transactions, and documents for a complete supply chain traceability and quality standards compliance.

Woof

Seed Round in 2021
Woof is a company that supports local pet businesses by providing them with technology and branding to facilitate online sales at no cost. Established in April 2020, Woof has experienced significant growth, achieving a 35% month-over-month increase and becoming Brazil's largest pet shop network with over 3,800 affiliate pet shops. The company distinguishes itself by offering same-day delivery services and a data-driven customer experience across more than 250 cities. Additionally, Woof has developed a mobile application focused on pet safety, which employs geo-fencing and timers to monitor a pet's location when the owner is away, thereby enhancing the quality of life for pets and peace of mind for their owners.

Woof

Seed Round in 2021
Woof is a company that supports local pet businesses by providing them with technology and branding to facilitate online sales at no cost. Established in April 2020, Woof has experienced significant growth, achieving a 35% month-over-month increase and becoming Brazil's largest pet shop network with over 3,800 affiliate pet shops. The company distinguishes itself by offering same-day delivery services and a data-driven customer experience across more than 250 cities. Additionally, Woof has developed a mobile application focused on pet safety, which employs geo-fencing and timers to monitor a pet's location when the owner is away, thereby enhancing the quality of life for pets and peace of mind for their owners.

Siembro

Venture Round in 2020
Siembro is an online platform based in Argentina that connects agricultural companies with financial institutions, facilitating access to loans for purchasing machinery and other necessary equipment. The platform serves as a lending-as-a-service solution, streamlining the financing process for the agricultural sector. It features an online registration portal along with a payment and financing system tailored for sellers, enabling agricultural businesses to secure financing more conveniently and efficiently. Through these services, Siembro aims to enhance credit access and promote savings within the agricultural industry.
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