MassChallenge

MassChallenge is a non-equity startup accelerator headquartered in Boston, Massachusetts, with additional locations in Israel, Mexico, Switzerland, Texas, and the UK. Founded in 2009, it focuses on fostering innovation and entrepreneurship by supporting high-potential startups across various industries globally. MassChallenge provides expert mentorship, a tailored curriculum, and access to corporate partners without taking any equity from the startups. Its programs, including specialized initiatives like MassChallenge FinTech and MassChallenge HealthTech, aim to facilitate partnerships between startups and established companies to drive innovation and growth. To date, MassChallenge has helped over 1,200 alumni raise more than $2 billion in funding and create over 65,000 jobs, demonstrating its significant impact on the global innovation ecosystem.

Cait Brumme

Acting CEO

Cait Brumme

Managing Partner

Siobhan Dullea

CEO

Matt Lashmar

Managing Director

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Colombia

Talentu

Non Equity Assistance in 2021
Talentu is a hiring software startup based in Medellin, Colombia, founded in 2018. The company specializes in enhancing job matching for unskilled job-seekers and employers, focusing on improving the quality and efficiency of talent selection, retention, and training processes. By integrating artificial intelligence and automation, Talentu predicts the future performance of candidates, helping organizations identify, train, and manage their workforce effectively. This innovative approach aims to streamline hiring practices and enhance the skills of employees, ultimately contributing to a more productive workforce.

Vaico

Non Equity Assistance in 2021
Vaico develops technological solutions to complex computer vision and data analytics problems. We use deep learning, IoT, and cloud computing aiming at four strategic markets: i. work-related accidents reduction, ii. surveillance automation, iii. visual-analysis task automation in the industrial field, and iv. mobility management automation.

Nibi

Non Equity Assistance in 2021
Nibi operates a marketplace platform designed to enhance the social sector by connecting individuals, charities, and companies focused on social and environmental initiatives. The platform aims to facilitate impactful actions that promote sustainable habits and social responsibility. By automating corporate social responsibility efforts, Nibi enables businesses to collaborate with foundations and programs, fostering a community dedicated to social and environmental betterment. Through its initiatives, Nibi seeks to improve engagement in social action and support the development of sustainable practices within organizations.

IMIX

Non Equity Assistance in 2020
IMIX Consulting S.A.S engages in the creation and development of inclusive digital ecosystems based on financial inclusion. It offers a digital platform for financial inclusion that transforms transactional processes, as well as enables physical and digital channels to provide a portfolio of financial services products closer to its customers. The company provides digital linking of people and shops. It serves financial and microfinance entities; and shops. The company is based in Bogotá, Colombia. It has additional locations in Quito, Ecuador; Lima, Peru; and San José, Costa Rica.

Symplifica

Non Equity Assistance in 2019
Symplifica is a Colombian company focused on software development for human resources, particularly in the area of domestic work management. The company offers a platform that facilitates the hiring of domestic employees by providing a range of services. Users benefit from contract generation, monthly payroll calculations, and a digital folder for document storage. Additionally, the platform enables day-to-day contract management, allowing users to automate processes and receive alerts related to their employment needs. This comprehensive approach streamlines the management of domestic work, enhancing efficiency for both employers and employees.

LikeU

Non Equity Assistance in 2019
LikeU operates an online portal which offers staffing service that connects corporate clients to part-time telecommuters. It also offers online training, skills certifications, and well-paid salaries through part-time telecommuting jobs. It caters to women and persons with disabilities, and business process outsourcing industry. The company was founded in 2015 and is based in Antioquia, Colombia with an additional office in Mexico City, Mexico.

WhosYourGuest

Non Equity Assistance in 2019
We balance the power in the accommodation industry by connecting accommodation providers worldwide and using their collective power to resolve issues they are facing. WhosYourGuest (WYG) platform allows accommodation providers to review their guests, positively or negatively. By searching our database ho(s)tels can check out the guest before they check in helping them prevent problems before they occur. This can save hotels millions of dollars in prevented damages and losses to their establishment and reputation while at the same time betters the stay quality and safety of their other guests.

dondoctor

Non Equity Assistance in 2018
Dondoctor is a company that offers an online scheduling platform designed specifically for medical centers, clinics, and hospitals. The platform aims to streamline operations by providing a user-friendly and standardized interface, along with a dedicated web portal for each healthcare provider. It features appointment reminders and automatic confirmations, which help minimize missed appointments and facilitate quicker, self-managed scheduling. By enhancing the scheduling process, dondoctor enables healthcare organizations to boost profitability, improve operational efficiency, and elevate patient satisfaction.

EDUEMPLEA

Non Equity Assistance in 2018
Operator of a training center intended to offer education for quality, innovative and relevant work in South America. The company's services include training and programs that helps in facing challenges in a competitive way, analyze the current situation, design and implement training centers for work and facilitates employee selection, enabling companies to increases productivity and competitiveness of individuals to enhance professional and personal development skills.

Innpactia

Non Equity Assistance in 2018
Developer of a web application intended to connect high-impact projects with funds and training. The company's application exhibits large sums of money in opportunities such as grants, tenders, scholarships, courses, and research, all translated into Spanish, enabling businesses to quickly and efficiently find information about the resources available for sustainable development.

OffGridBox

Grant in 2017
OffGridBox is a company that delivers renewable energy and clean water solutions in remote and underserved regions. The OffGridBox™ is a compact, all-in-one system housed within a shipping container measuring 6x6x6 feet, designed to produce electricity and purify water using solar energy. This innovative technology aims to address the needs of over 2 billion people globally who lack access to reliable energy and safe drinking water. Each unit can significantly impact local communities; for example, a single unit operated by a women’s cooperative in Rwanda can serve up to 300 families, providing essential electricity and sterilized water. OffGridBox has deployed 38 units across nine countries, including Italy, South Africa, Rwanda, Nigeria, the Philippines, Madagascar, the United States, and Colombia, catering to various sectors such as humanitarian aid, household retail, and industry services. These units have collectively operated for over 400,000 hours, promoting sustainable living and improving the quality of life in the areas they serve.

Wheels Social

Grant in 2017
Wheels is the social network of Sustainable Mobility that allows you to share trips in private vehicles, taxi services or bicycle plans, to go to the university, work, home or wherever you want.

Backstartup

Grant in 2017
At Backstartup we want to reinvent the relationship of small businesses with their accounting and finances, and for this reason we've decided to reinvent the Accountant. Our SwaS, completely replaces the Accountant in Small Business, providing them with reports, taxes and financial statements month to month though our online platform. We eliminate manual tasks and human errors by using accounting automation bots and bank integrations and assign our customers a virtual administrative support team that accompanies them to guarantee a comprehensive service experience. We are pioneers in Latin America, where paper culture is highly entrenched, in moving traditional offline behaviors to a 100% online experience.

1DOC3

Non Equity Assistance in 2017
1doc3 is a e-health platform that connects 490 million of Spanish speaking people with licensed and trusted doctors. Users find personalized answers to their health related questions. Doctors build their online reputation, find new patients and create the biggest health related questions and answers curated database in Spanish. The Platform is available via web, App, SMS and USSD, allowing the entire population to have access to a Doctor no matter where they are, or even if they don't have internet access.

Backstartup

Non Equity Assistance in 2016
At Backstartup we want to reinvent the relationship of small businesses with their accounting and finances, and for this reason we've decided to reinvent the Accountant. Our SwaS, completely replaces the Accountant in Small Business, providing them with reports, taxes and financial statements month to month though our online platform. We eliminate manual tasks and human errors by using accounting automation bots and bank integrations and assign our customers a virtual administrative support team that accompanies them to guarantee a comprehensive service experience. We are pioneers in Latin America, where paper culture is highly entrenched, in moving traditional offline behaviors to a 100% online experience.
Castellano Ethnic Origins offers handbags, backpacks & friendship bracelets handmade by indigenous women in Colombia.

Bioin Soluciones

Grant in 2016
Bioin Soluciones is an authorized distributor for Colombia of Masimo products. Billions of people lack access to surgery that is safe, the burden of surgical diseases would eclipse that of HIV, tuberculosis, and malaria by the year 2026 in low and middle income countries. Ativa is a safer anesthesia machine that deliver the exact dose of anesthesia that your body needs. This means that patients and anesthesiologist can feel SAFE and Healtcare Institution can SAVE.

Ecoflora Cares

Grant in 2015
Ecoflora Cares SAS specializes in developing natural color technologies tailored for the food and personal care industries. Established in 1988 and based in Sabaneta, Colombia, the company provides a variety of services including the development of natural colors according to client specifications, guidance on transitioning from synthetic to natural colors, and testing the performance of colors in food applications. This includes assessments of solubility, stability, precipitation, and concentration, ensuring that the colors meet the specific requirements of clients' industrial processes. Ecoflora Cares is committed to sustainable and socially responsible practices, utilizing bio-supplies derived from biodiversity to offer natural and healthy products across multiple sectors.

Hablando con Julis

Grant in 2014
Hablando provides technological solution that helps people with speech, reading, and writing difficulties to communicate effectively.

Aentropico

Grant in 2013
Aentropico is a Brazilian company that develops a predictive analytics platform aimed at facilitating decision-making for managers in mid and large enterprises. The platform utilizes Big Data to provide actionable intelligence on various aspects such as marketing, customer analysis, and resource allocation. By combining user-friendly design with advanced applied statistics, Aentropico enables non-technical users to access useful algorithms tailored to industry-specific questions. The company has conducted paid pilot projects in Colombia and Mexico across three different sectors, with plans to expand into recurrent billing projects through their beta platform. Aentropico aspires to establish itself as a leading marketplace for data science solutions in the Latin American market.

Keraderm

Grant in 2013
Keraderm SAS, founded in 2008 and based in Bogotá, Colombia, specializes in developing innovative therapies for treating skin injuries resulting from burns, accidents, and chronic wounds. The company has created a unique solution utilizing skin-cell-coated sheets derived from a small sample of the patient's healthy skin. This non-surgical procedure offers a painless alternative to traditional methods, such as partial thickness skin grafts, which can be painful and require surgery under anesthesia. Keraderm's approach significantly reduces both healing time and treatment costs while effectively promoting skin remodeling and reconstruction through the use of cultured keratinocytes and autologous fibroblasts on acellular collagen sheets.

Acsendo

Grant in 2013
Acsendo SAS is a Colombian company based in Bogotá that develops subscription-based talent management software solutions. Its offerings enable organizations to assess employee performance, facilitate individual assessments, and align corporate goals with personal objectives. By providing a software-as-a-service (SaaS) platform, Acsendo helps employers categorize employee roles, responsibilities, key performance indicators, and competencies, thereby enhancing and automating the employee review process. This data-driven approach fosters a transparent environment that improves employee satisfaction and retention, while allowing companies to optimize their workforce in alignment with business needs. Acsendo's solutions are utilized by various sectors, including services, industrial clients, consultants, and government entities across Colombia, Chile, Peru, and Mexico.

Zalvadora

Grant in 2013
Zalvadora operates an online platform offering a wide range of educational courses, serving as a prominent knowledge marketplace for Spain and Latin America. Founded in 2013 and headquartered in Colombia, the company collaborates directly with professors, content creators, and small to medium higher education institutions. Zalvadora is notable for its commitment to equitable revenue sharing, distributing up to 70% of sales to the educators and institutions involved. This approach not only enhances the quality of educational content available on the platform but also supports the financial sustainability of its partners.
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