Carao Ventures

They partner with startups (tech and non-tech) with the potential to grow quickly and sustainably. Their primary focus is on companies that are currently targeting a specific regional market with a real opportunity to expand to all of Latin America and globally. They are looking for the brightest technical founders and most devoted entrepreneurs with an emphasis in solid execution. Carao Ventures has an early stage startup program where one of their partners takes an active role in the startup through the next stage of company development, participating in relevant roles such as strategy, finance, marketing and others. Their partners and mentors have a committment to sharing their experience, technical knowledge and contacts to take startups to the next level. A co-working space conveniently located in the heart of the city provides a space and environment for startups and people looking to start a company to come hang out. A wealth of resources for entrepreneurs are continuously researched and put available to teams that are looking to to get their company into the best shape possible. They also assist established business groups or seasoned entrepreneurs in analyzing, developing and overseeing new ventures.

Allan Boruchowicz

Founding Partner

Adrián García

Founding Partner

Edwin Meyers

Investment Manager

Past deals in Costa Rica

RewardsWeb

Seed Round in 2021
RewardsWeb offers a platform that enhances loyalty and reward programs. Its platform helps shoppers to pay for purchases with local credit and debit cards or with cash at banks through agreements with local financial institutions, thereby enabling customers to buy products of their own choice of brands. The company was founded in 2021 and is based in Miami, Florida.

escala

Seed Round in 2022
All in one software for marketing and sales

GoPato

Seed Round in 2017
GoPato is a hyperlocal food delivery platform powered by drone technology. Founded in 2015, the company is transforming the way to order food around a city with autonomous delivery drones under 30 minutes. Currently GoPato get the authorization to start commercial operation BVLOS in the urban area of San José Costa Rica with a partnership with Mcdonald's. Awarded by Forbes Central America as one of 30 business promises and mentioned by all national newspapers and media, GoPato is in charge of being your right hand.

HuliHealth

Convertible Note in 2019
HuliHealth is an online medical appointments service in Costa Rica. It enables users to find doctors based on the location, treatment type, ailment, and more. HuliHealth also facilitates finding, selecting, and booking medical procedures and health services abroad. It was founded in March 2011 by Alejandro Vega.

Vueltap

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.

Huli

Convertible Note in 2019
Huli provides SaaS products and applications for independent health professionals, medical centers and institutions.

WeKall

Seed Round in 2021
WeKall Cloud based corporate telephony service simplifies the operation to only one provider saving up to 60% of the monthly spend in telephony operation.

Slidebean, Inc.

Convertible Note in 2015
Slidebean is a free web-based presentation tool that lets users create powerful presentations with just a few clicks. By separating the content creation from the slide design, Slidebean allows users to focus on what matters most while taking care of everything else automatically. The presentation software was released on Q2 2014 and deemed by TheNextWeb as Instagram for presentations. Founded in 2013, Slidebean is a Startup Chile and DreamIt Ventures alumnus. With over 7,000 presentations delivered so far, Slidebean seeks to become the most efficient alternative to traditional software like Power Point, as well as a new standard in presentation design.

RewardsWeb

Seed Round in 2021
RewardsWeb offers a platform that enhances loyalty and reward programs. Its platform helps shoppers to pay for purchases with local credit and debit cards or with cash at banks through agreements with local financial institutions, thereby enabling customers to buy products of their own choice of brands. The company was founded in 2021 and is based in Miami, Florida.

Tesorio

Series B in 2022
Tesorio is the cash flow performance platform, which Accounts Receivable, Treasury, and FP&A teams use to manage, predict, and collect cash. Its AI processes over $30 billion in transactions each year for companies ranging from 50 to 10,000 employees. Tesorio serves customers around the globe with AR automation and cash flow forecasting, across verticals including software, manufacturing, retail, finance, and pharmaceuticals.Customers include Box, Veeva Systems, WP Engine, Currency Cloud, Instructure and many other publicly traded and privately held companies that care about cash flow performance.

Singularities

Seed Round in 2018
Singularities provides supply chain optimization and consumer finance solutions.

Leaf.fm

Seed Round in 2016
Leaf Grow is a simple, powerful automation and insights platform for Facebook & Instagram ads. It reduces campaign management time from hours to minutes whilst delivering a better return on ad spend using smart setups, interest-based audience targeting and campaign budget optimization. Since launch, Leaf Grow has gone to power major and indie labels, gaming companies, and crypto startups, events and membership organizations, retail and e-commerce; from clients like Universal Music to 300 Entertainment, Kartel and MDDN to high-street titans like FootAsylum and Pizza Express. On average, their customers have seen an uplift of 2x in their Return On Ad Spend within the first couple weeks of making the switch, increased the quality of the audiences they reach and in some cases, open a whole new channel for revenue. Leaf Grow builds on the foundation they laid for Leaf Music, only expanding its power to businesses of all shapes and sizes, giving them a much better chance to succeed online.

WeKall

Pre Seed Round in 2021
WeKall Cloud based corporate telephony service simplifies the operation to only one provider saving up to 60% of the monthly spend in telephony operation.

Grupo R5 Ltda

Seed Round in 2022
Grupo R5 Ltda operates R5, provides mortgages loans and insurance policy using assets, such as cars and motorcycles as collateral to customers in Bogota, Medellin, Cali, and Bucaramanga. It enables users to buy and provides consulting services online. The company was founded in 2018 and is based in Bogotá, Colombia.

Levita Magnetics

Series C in 2022
As a medical device start up, Levita Magnetics is passionate about developing innovative magnetic surgical platforms that serve as a catalyst in the continued evolution of less invasive surgery. The company's mission is to enhance patient outcomes by minimizing the footprint of surgical procedures across multiple indications and broad patient populations. It's innovative magnetic surgical platform, called Magnetic Surgery®, is the next step in the evolution of less invasive surgery.

Bellelli

Seed Round in 2014
Bellelli offers education services for kids of ten months to 5 and a half years. The company was founded in 2014 and is based in Escazú, Costa Rica.

BildTek S.A.

Series A in 2015
BîldTEK increases productivity and quality of construction by integrating design and technology of computer-assisted production. They believe in intelligent design. They know there is a better way to build using a simplified process that reduces the environmental impact and ensures structural precision . Use of building information modeling (BIM) and a controlled manufacturing process to produce structures of cold-formed steel for residential and commercial construction.

Singularities

Venture Round in 2017
Singularities provides supply chain optimization and consumer finance solutions.

BildTek S.A.

Venture Round in 2016
BîldTEK increases productivity and quality of construction by integrating design and technology of computer-assisted production. They believe in intelligent design. They know there is a better way to build using a simplified process that reduces the environmental impact and ensures structural precision . Use of building information modeling (BIM) and a controlled manufacturing process to produce structures of cold-formed steel for residential and commercial construction.

Junar

Series B in 2015
Junar powers the Data Economy by delivering the easiest-to-use, cloud-based Open Data platform. For innovative organizations, Junar is the fastest way to publish data. The Junar platform enables businesses, governments, and organizations to free their data to drive new opportunities, collaboration, and transparency. Some of the world's leading companies trust Junar with their most valuable assets: their data and the end users who are viewing and using it.

Speratum

Convertible Note in 2018
Speratum is a biopharmaceutical company focused on microRNA-directed oncology therapies. The Company was founded in 2014 by Christian Marín-Müller, Ph.D. and is dedicated to the development of a patented treatment for pancreatic cancer based on the combination of tumor suppressive microRNA molecules and nanoparticle-based drug delivery technologies. The Company is currently entering the final stage of preclinical trials for the pancreatic cancer therapy, while simultaneously expanding the patent’s coverage to incorporate other types of cancer and non-cancer indications and illnesses and expanding its intellectual property (IP) portfolio with complementary technologies in the fields of nanotechnology, medical devices and veterinary medicine.

BildTek S.A.

Seed Round in 2013
BîldTEK increases productivity and quality of construction by integrating design and technology of computer-assisted production. They believe in intelligent design. They know there is a better way to build using a simplified process that reduces the environmental impact and ensures structural precision . Use of building information modeling (BIM) and a controlled manufacturing process to produce structures of cold-formed steel for residential and commercial construction.

BildTek S.A.

Convertible Note in 2014
BîldTEK increases productivity and quality of construction by integrating design and technology of computer-assisted production. They believe in intelligent design. They know there is a better way to build using a simplified process that reduces the environmental impact and ensures structural precision . Use of building information modeling (BIM) and a controlled manufacturing process to produce structures of cold-formed steel for residential and commercial construction.

Speratum

Seed Round in 2014
Speratum is a biopharmaceutical company focused on microRNA-directed oncology therapies. The Company was founded in 2014 by Christian Marín-Müller, Ph.D. and is dedicated to the development of a patented treatment for pancreatic cancer based on the combination of tumor suppressive microRNA molecules and nanoparticle-based drug delivery technologies. The Company is currently entering the final stage of preclinical trials for the pancreatic cancer therapy, while simultaneously expanding the patent’s coverage to incorporate other types of cancer and non-cancer indications and illnesses and expanding its intellectual property (IP) portfolio with complementary technologies in the fields of nanotechnology, medical devices and veterinary medicine.

Slidebean, Inc.

Seed Round in 2016
Slidebean is a free web-based presentation tool that lets users create powerful presentations with just a few clicks. By separating the content creation from the slide design, Slidebean allows users to focus on what matters most while taking care of everything else automatically. The presentation software was released on Q2 2014 and deemed by TheNextWeb as Instagram for presentations. Founded in 2013, Slidebean is a Startup Chile and DreamIt Ventures alumnus. With over 7,000 presentations delivered so far, Slidebean seeks to become the most efficient alternative to traditional software like Power Point, as well as a new standard in presentation design.

GoPato

Seed Round in 2016
GoPato is a hyperlocal food delivery platform powered by drone technology. Founded in 2015, the company is transforming the way to order food around a city with autonomous delivery drones under 30 minutes. Currently GoPato get the authorization to start commercial operation BVLOS in the urban area of San José Costa Rica with a partnership with Mcdonald's. Awarded by Forbes Central America as one of 30 business promises and mentioned by all national newspapers and media, GoPato is in charge of being your right hand.

Slidebean, Inc.

Seed Round in 2013
Slidebean is a free web-based presentation tool that lets users create powerful presentations with just a few clicks. By separating the content creation from the slide design, Slidebean allows users to focus on what matters most while taking care of everything else automatically. The presentation software was released on Q2 2014 and deemed by TheNextWeb as Instagram for presentations. Founded in 2013, Slidebean is a Startup Chile and DreamIt Ventures alumnus. With over 7,000 presentations delivered so far, Slidebean seeks to become the most efficient alternative to traditional software like Power Point, as well as a new standard in presentation design.