Carao Ventures

Carao Ventures is a venture capital investment firm based in San Jose, Costa Rica, founded in 2012. The firm partners with early-stage startups across various sectors, including consumer products, healthcare, information technology, and e-commerce, with a strong emphasis on companies that have the potential to expand throughout Latin America and globally. Carao Ventures seeks to collaborate with dedicated entrepreneurs and technically skilled founders, providing active support in areas such as strategy, finance, and marketing. Through its early-stage startup program, partners engage directly in the development of these companies, leveraging their experience and networks to facilitate growth. The firm also offers a co-working space designed for startups and aspiring entrepreneurs, fostering a collaborative environment. Additionally, Carao Ventures assists established business groups and seasoned entrepreneurs in analyzing and developing new ventures, continuously providing resources to help companies achieve optimal performance.

Adrian Garcia

Co-Founder and Managing Partner

Mario Peña

Senior Associate

Past deals in Colombia

R5

Seed Round in 2022
Grupo R5 Ltda operates R5, an online platform based in Bogotá, Colombia, that provides mortgage loans and insurance policies using assets such as cars and motorcycles as collateral. Founded in 2018, the company primarily serves low-income customers in cities including Bogotá, Medellín, Cali, and Bucaramanga. R5 enables users to refinance high-interest debt or invest in their businesses by offering a streamlined digital process for accessing funds. Additionally, the platform facilitates the purchase of compulsory vehicle insurance with affordable policies, allowing customers to leverage their vehicles as security for low-rate credit options.

Logysto

Series A in 2022
LOGYSTO allows brands and retailers to sell up to 30% more by revolutionizing the logistics of its direct e-commerce channels making Amazon-like fulfillment possible through the use of technology and the shared economy. The product cycle encompasses e-commerce logistics across the first, middle and last mile including dark stores/urban mini-hubs for expedited fulfillment services.

Wekall

Seed Round in 2021
Wekall offers a cloud-based corporate telephony service that consolidates communication needs under a single provider, leading to significant cost savings of up to 60% on monthly telephony expenses. The company has developed a contact center platform that provides telephone numbers both in Colombia and internationally. This platform enhances productivity by allowing employees to use their extensions on mobile devices or PCs. By enabling effective communication, Wekall helps businesses improve sales and manage customer service efficiently, catering to a wide range of companies with its affordable solutions.
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