Carao Ventures

Aviva is building an AI-powered digital bank for Latin America’s underbank communities. While determined to fuel Latin America’s ongoing emergence of a new middle class with a fully-fledged portfolio of inclusive financial services, Aviva’s initial go-to-market concentrates on unsecured credit products for individuals and nano-businesses in Mexico. As most of the underbanked 40+ million Mexicans live in small and medium-sized towns, Aviva builds a bridge to those living in remote communities with its physical onboarding kiosks. These nano-branches provide a documentless 3-minute video onboarding for everyone in need of liquidity. Novel AI-based technology, including natural language processing, allows Aviva to match customers’ spoken word to the fields of a comprehensive real-time credit application. Transforming speech to text and inferring emotions and personality from the visual layer of the application video gives Aviva an edge in scoring thin-file customers. Leveraging these novel risk models, Aviva aims to provide the lowest interest rates available to today’s underserved.

Wekall is a cloud contact center software provider focused on enhancing customer service and sales efficiency for companies in Latin America. The platform allows users to communicate through telephone numbers in Colombia and globally, facilitating seamless communication for businesses. Wekall's solution integrates with popular customer relationship management systems and productivity applications, making it accessible and affordable for small to medium-sized businesses as well as larger enterprises. By prioritizing real-time voice communication over chatbots, Wekall emphasizes the importance of empathy in customer interactions, ultimately enabling companies to improve sales and optimize user service management.

Boxful provides ultra-fast fulfillment, shipping management, and a network of smart lockers to enable same-day or next-day deliveries for e-commerce brands and online sellers in Latin America.

Our mission is to grow the export volume of small and medium size agribusinesses in Latin America, generating a sustainable impact in their rural communities while increasing export volume to countries with food deficit

Nullplatform is a developer-focused company that offers an enterprise-grade cloud development platform designed to simplify and automate software deployment. The platform includes features such as progressive delivery, fast rollbacks, and end-to-end traceability, which enhance the web development process. By streamlining these tasks, Nullplatform enables developers to efficiently build and deploy software for their organizations, ultimately empowering them to deliver smarter engineering solutions.

Huli is a healthcare technology company focused on enhancing the management of patient records and streamlining healthcare services. By connecting health professionals, medical centers, and institutions within the Latin American health ecosystem, Huli facilitates efficient communication and access to medical services. Its platform features an integrated online calendar with automatic reminders, enabling healthcare providers to manage appointments and patient information effectively. Huli aims to improve patient volume and satisfaction by offering transparency in services and pricing, thereby fostering a more accessible healthcare experience for patients.

Our mission is to grow the export volume of small and medium size agribusinesses in Latin America, generating a sustainable impact in their rural communities while increasing export volume to countries with food deficit

ObraLink is a technology service that focuses on automating processes and manual tasks in the execution of construction projects. By integrating advanced technologies such as Building Information Modeling (BIM), computer vision, infrared thermography, and Lidar, ObraLink enhances construction efficiency by enabling real-time monitoring of progress, automating planning tasks, and measuring concrete strength. The service is designed to minimize human dependency, reduce costs, and shorten project timelines, with potential savings exceeding $200,000 for every 10 months of construction on each project. Additionally, ObraLink provides comprehensive access to critical data related to structural progress, planning, scheduling, and key performance indicators, facilitating better decision-making and improved project outcomes.

Qanlex specializes in litigation financing, primarily targeting continental law countries. Founded by Yago Zavalia Gahan and Fernando Folgueiro, the company develops software that facilitates access to capital for pursuing valid legal claims. Qanlex employs a screening algorithm that efficiently tracks, filters, and selects claims, allowing clients to engage in litigation with the potential for high returns that are not directly linked to the performance of other financial assets.

Levita Magnetics SpA, established in January 2012 by Alberto Rodriguez-Navarro, is a Chilean medical device start-up focused on advancing surgical procedures through innovative technology. The company has developed a unique magnetic surgical platform called Magnetic Surgery®, which facilitates single and reduced port procedures, thereby promoting less invasive surgical techniques. This system utilizes a traumatic, shaftless design that eliminates the need for traditional trocars and shafted instruments, resulting in a clearer operative field and minimizing surgical trauma. By enhancing patient outcomes across various indications, Levita Magnetics aims to transform the landscape of surgery for broader patient populations, emphasizing both reduced invasiveness and improved cosmetic results.

Naya Homes is a property management and hospitality platform that focuses on short-term and vacation rentals in Latin America. The company assists homeowners and real estate developers in maximizing revenue while alleviating the complexities of property management. Naya Homes utilizes data science and technology for revenue optimization and offers multi-channel listing and marketing services to enhance visibility for rental units. Additionally, the company provides financing for furniture and equipment, along with interior design services, ensuring that properties are well-presented. Naya Homes also emphasizes guest services to create a comfortable experience for visitors, ultimately enabling clients to increase their financial returns without the operational burdens typically associated with rental properties.

Tesorio, Inc. is a cloud-based platform that focuses on cash flow management and financial operations for businesses. Established in 2013 and headquartered in Burlingame, California, Tesorio employs machine learning models to provide real-time insights into accounts receivable, accounts payable, foreign exchange, and financial forecasting. The platform connects buyers and suppliers to facilitate working capital needs, offering features such as historical transaction analysis, invoice forecasting, and automated updates. By aggregating and analyzing primary source data, Tesorio enables finance leaders to enhance decision-making, optimize payment timing, and streamline workflows for collections and cash application. This end-to-end automation fosters cross-functional collaboration, allowing businesses to manage their cash flow more efficiently and support growth initiatives.

Strike connects world-class ethical hackers from around the globe with companies through a platform that greatly enhances the efficiency and effectiveness of penetration testing. With Strike, companies can launch penetration tests in just 2 hours, monitor discovered vulnerabilities in real-time, and generate customizable PDF reports for compliance or potential customers within 10 seconds. Leading organizations such as Okta, Globant, DeliveryHero, and Santander Bank leverage our integrations with Jira, API, and Slack to efficiently manage vulnerabilities. They commend our exceptional quality, flexibility in updating the scopes of continuous assessments, and excellent communication. As we earned the trust of over 100 companies, we discovered that we were identifying 3x more critical vulnerabilities (with only a 1% false positive rate) compared to other providers. Recognizing that merely reporting vulnerabilities with suggested fixes was insufficient for ensuring security, we partnered with MIT for R&D to automate the retesting and fixing of vulnerabilities, including the business logic ones that pose significant risks.

Crabi is a developer of an automobile insurance platform that prioritizes the individual over the vehicle. It provides a full stack, digital car insurance solution designed to deliver personalized coverage that is simple and accessible. The platform emphasizes a human-centered design, enhancing the digital experience for customers in terms of purchasing, managing, and filing claims on their policies. This approach allows users to obtain insurance conveniently, catering to their needs and preferences, while ensuring they only pay for what they require.

R5 is a company based in Colombia that simplifies vehicle ownership for its customers. It operates an online platform designed to facilitate financing through the use of assets like cars and motorcycles as collateral. The platform caters primarily to low-income individuals, allowing them to refinance high-interest debt or secure funds for business investments. Additionally, R5 offers a digital solution for purchasing compulsory vehicle insurance at affordable rates, enabling customers to leverage their vehicles to access credit options with lower interest rates. This approach aims to make financial services more accessible and manageable for its users.

LOGYSTO is a cloud based logistics platform designed to help orchestrate, scale and optimize the e-commerce supply chain by integrating technology and logistics infrastructure in Latin America. Our vision is to become the leading enabler of e-commerce growth and penetration in the region expand further our cloud based logistics solution to additional B2B end-markets with similar logistics needs.

Floid is an open banking platform founded in 2019 and based in Las Condes, Santiago Metropolitan Region. The company specializes in developing applications, payment solutions, and risk engines that serve banks and fintech organizations. Its API connects consumers' bank accounts with financial service providers, allowing users to access risk evaluations and secure payment options. This integration aims to enhance transaction safety and mitigate the risk of fraudulent activities, thereby providing a secure environment for financial interactions. Through its innovative approach, Floid facilitates improved financial connectivity and efficiency for both consumers and businesses in the financial sector.

Wekall is a cloud contact center software provider focused on enhancing customer service and sales efficiency for companies in Latin America. The platform allows users to communicate through telephone numbers in Colombia and globally, facilitating seamless communication for businesses. Wekall's solution integrates with popular customer relationship management systems and productivity applications, making it accessible and affordable for small to medium-sized businesses as well as larger enterprises. By prioritizing real-time voice communication over chatbots, Wekall emphasizes the importance of empathy in customer interactions, ultimately enabling companies to improve sales and optimize user service management.

RewardsWeb is a Miami-based company that provides a platform to enhance loyalty and reward programs. Founded in 2021, it offers a browser extension that allows customers to earn and redeem reward points with flexibility and ease. By partnering with local financial institutions, RewardsWeb enables shoppers to make purchases using local credit and debit cards, or with cash at banks, allowing them to buy products from their preferred brands. The platform focuses on providing users with unparalleled options for redeeming points from various loyalty programs, making the shopping experience more convenient and rewarding.

MegaBite is a multibrand cloud kitchen restaurant that operates premium gastronomic brands and sells them at midrange prices to middle class of LATAM. We receive orders only through digital channels that integrated with our kitchen software and hardware and operate out of rented, ready to use dark-kitchens. Our modular growth model makes us ultrascalable, like no other restaurant business model before: We can open a new kitchen with 10x to 20x less CAPEX and 6 to 9 times faster than a comparable traditional restaurant that can sell the same amount of orders. We currently operate in Mexico and Peru and have been growing at an average of 30% MoM in our 13 months since start of operations.

Huli is a healthcare technology company focused on enhancing the management of patient records and streamlining healthcare services. By connecting health professionals, medical centers, and institutions within the Latin American health ecosystem, Huli facilitates efficient communication and access to medical services. Its platform features an integrated online calendar with automatic reminders, enabling healthcare providers to manage appointments and patient information effectively. Huli aims to improve patient volume and satisfaction by offering transparency in services and pricing, thereby fostering a more accessible healthcare experience for patients.

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.

Singularities specializes in supply chain optimization and consumer finance solutions through its advanced artificial intelligence platform. This platform employs machine reasoning and mathematical optimization techniques to enhance business operations, addressing limitations and inventory discrepancies. By improving visibility and adaptability, Singularities enables clients to provide personalized services and respond effectively to evolving market demands. The company's focus on augmenting operational intelligence helps businesses navigate contemporary challenges, ensuring they meet customer expectations and enhance overall efficiency.

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.

Singularities specializes in supply chain optimization and consumer finance solutions through its advanced artificial intelligence platform. This platform employs machine reasoning and mathematical optimization techniques to enhance business operations, addressing limitations and inventory discrepancies. By improving visibility and adaptability, Singularities enables clients to provide personalized services and respond effectively to evolving market demands. The company's focus on augmenting operational intelligence helps businesses navigate contemporary challenges, ensuring they meet customer expectations and enhance overall efficiency.

Slidebean, Inc. is a web-based platform that facilitates the creation of presentations, primarily targeting startups and entrepreneurs seeking funding. Founded in 2014 and headquartered in New York, with an additional office in San Jose, Costa Rica, Slidebean offers a range of services, including AI-driven pitch deck creation, financial modeling, and pitch deck design. The platform features pre-filled decks and customizable templates, allowing users to efficiently construct compelling presentations. Additionally, Slidebean provides a wealth of resources, including video materials, to support entrepreneurs through the fundraising process. Since achieving $1 million in annual recurring revenue in 2017, Slidebean has continually evolved its offerings to better assist founders in navigating the complexities of securing investment for their ventures.

BildTEK S.A. is a Costa Rican company founded in 2013 that specializes in the design, manufacture, and construction of cold-formed steel structures for both commercial and residential projects. The company focuses on increasing productivity and quality in construction by integrating advanced technology and design principles. Utilizing building information modeling (BIM) and a controlled manufacturing process, BildTEK produces galvanized steel profiles that are used in systems for roofs, walls, floors, and stairways. Their approach emphasizes a simplified construction process that reduces environmental impact while ensuring structural precision, promoting an efficient and industrialized method of building.

Slidebean, Inc. is a web-based platform that facilitates the creation of presentations, primarily targeting startups and entrepreneurs seeking funding. Founded in 2014 and headquartered in New York, with an additional office in San Jose, Costa Rica, Slidebean offers a range of services, including AI-driven pitch deck creation, financial modeling, and pitch deck design. The platform features pre-filled decks and customizable templates, allowing users to efficiently construct compelling presentations. Additionally, Slidebean provides a wealth of resources, including video materials, to support entrepreneurs through the fundraising process. Since achieving $1 million in annual recurring revenue in 2017, Slidebean has continually evolved its offerings to better assist founders in navigating the complexities of securing investment for their ventures.

BildTEK S.A. is a Costa Rican company founded in 2013 that specializes in the design, manufacture, and construction of cold-formed steel structures for both commercial and residential projects. The company focuses on increasing productivity and quality in construction by integrating advanced technology and design principles. Utilizing building information modeling (BIM) and a controlled manufacturing process, BildTEK produces galvanized steel profiles that are used in systems for roofs, walls, floors, and stairways. Their approach emphasizes a simplified construction process that reduces environmental impact while ensuring structural precision, promoting an efficient and industrialized method of building.

Junar, Inc. operates a cloud-based open data platform that facilitates the accessibility of data for organizations globally, including businesses, governments, NGOs, and academic institutions. Founded in 2006 and headquartered in Palo Alto, California, Junar's platform allows users to identify, organize, and optimize data while transforming it into engaging visual formats such as tables, charts, and maps. The platform also includes an API toolbox that enables developers to create innovative applications for data presentation. By empowering organizations to publish their data, Junar fosters new opportunities, enhances collaboration, and promotes transparency. With additional offices in Dallas, Silicon Valley, Latin America, and Israel, the company has established itself as a trusted partner for managing and leveraging valuable data assets.

Slidebean, Inc. is a web-based platform that facilitates the creation of presentations, primarily targeting startups and entrepreneurs seeking funding. Founded in 2014 and headquartered in New York, with an additional office in San Jose, Costa Rica, Slidebean offers a range of services, including AI-driven pitch deck creation, financial modeling, and pitch deck design. The platform features pre-filled decks and customizable templates, allowing users to efficiently construct compelling presentations. Additionally, Slidebean provides a wealth of resources, including video materials, to support entrepreneurs through the fundraising process. Since achieving $1 million in annual recurring revenue in 2017, Slidebean has continually evolved its offerings to better assist founders in navigating the complexities of securing investment for their ventures.

BildTEK S.A. is a Costa Rican company founded in 2013 that specializes in the design, manufacture, and construction of cold-formed steel structures for both commercial and residential projects. The company focuses on increasing productivity and quality in construction by integrating advanced technology and design principles. Utilizing building information modeling (BIM) and a controlled manufacturing process, BildTEK produces galvanized steel profiles that are used in systems for roofs, walls, floors, and stairways. Their approach emphasizes a simplified construction process that reduces environmental impact while ensuring structural precision, promoting an efficient and industrialized method of building.

Bellelli Educación specializes in early childhood educational services, operating a center designed to create a friendly, playful, and emotionally supportive environment for young children. The organization focuses on delivering quality education during critical early developmental stages, which helps parents nurture their children's social and emotional growth. By prioritizing a holistic approach to education, Bellelli Educación aims to facilitate the healthy development of children in their formative years.

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. is a Costa Rican company founded in 2013 that specializes in the design, manufacture, and construction of cold-formed steel structures for both commercial and residential projects. The company focuses on increasing productivity and quality in construction by integrating advanced technology and design principles. Utilizing building information modeling (BIM) and a controlled manufacturing process, BildTEK produces galvanized steel profiles that are used in systems for roofs, walls, floors, and stairways. Their approach emphasizes a simplified construction process that reduces environmental impact while ensuring structural precision, promoting an efficient and industrialized method of building.

Slidebean, Inc. is a web-based platform that facilitates the creation of presentations, primarily targeting startups and entrepreneurs seeking funding. Founded in 2014 and headquartered in New York, with an additional office in San Jose, Costa Rica, Slidebean offers a range of services, including AI-driven pitch deck creation, financial modeling, and pitch deck design. The platform features pre-filled decks and customizable templates, allowing users to efficiently construct compelling presentations. Additionally, Slidebean provides a wealth of resources, including video materials, to support entrepreneurs through the fundraising process. Since achieving $1 million in annual recurring revenue in 2017, Slidebean has continually evolved its offerings to better assist founders in navigating the complexities of securing investment for their ventures.

Onest offers technology-based products that help customers meet their financial goals.

Lenk powers the process mortgage origination in Latin America

Mirlo facilitates the simplification of mobile telephony, while effectively managing telecommunications expenditures for users.

Moons is a healthcare technology company based in Mexico City that specializes in orthodontic and dental hygiene products. Founded in 2019, the company offers innovative dental services, including the creation of personalized invisible aligners designed for each patient. Customers can visit Moons Studios for an initial consultation, where their teeth are scanned to develop a tailored treatment plan. Moons then manufactures and mails a set of 3D-printed aligners, allowing clients to straighten and whiten their teeth without the use of traditional braces. This process typically enables patients to achieve their desired smile in approximately six months, making orthodontic care more accessible and convenient.

MegaBite is a multibrand cloud kitchen restaurant that operates premium gastronomic brands and sells them at midrange prices to middle class of LATAM. We receive orders only through digital channels that integrated with our kitchen software and hardware and operate out of rented, ready to use dark-kitchens. Our modular growth model makes us ultrascalable, like no other restaurant business model before: We can open a new kitchen with 10x to 20x less CAPEX and 6 to 9 times faster than a comparable traditional restaurant that can sell the same amount of orders. We currently operate in Mexico and Peru and have been growing at an average of 30% MoM in our 13 months since start of operations.

MegaBite is a multibrand cloud kitchen restaurant that operates premium gastronomic brands and sells them at midrange prices to middle class of LATAM. We receive orders only through digital channels that integrated with our kitchen software and hardware and operate out of rented, ready to use dark-kitchens. Our modular growth model makes us ultrascalable, like no other restaurant business model before: We can open a new kitchen with 10x to 20x less CAPEX and 6 to 9 times faster than a comparable traditional restaurant that can sell the same amount of orders. We currently operate in Mexico and Peru and have been growing at an average of 30% MoM in our 13 months since start of operations.

Lenk powers the process mortgage origination in Latin America

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.

Aviva is building an AI-powered digital bank for Latin America’s underbank communities. While determined to fuel Latin America’s ongoing emergence of a new middle class with a fully-fledged portfolio of inclusive financial services, Aviva’s initial go-to-market concentrates on unsecured credit products for individuals and nano-businesses in Mexico. As most of the underbanked 40+ million Mexicans live in small and medium-sized towns, Aviva builds a bridge to those living in remote communities with its physical onboarding kiosks. These nano-branches provide a documentless 3-minute video onboarding for everyone in need of liquidity. Novel AI-based technology, including natural language processing, allows Aviva to match customers’ spoken word to the fields of a comprehensive real-time credit application. Transforming speech to text and inferring emotions and personality from the visual layer of the application video gives Aviva an edge in scoring thin-file customers. Leveraging these novel risk models, Aviva aims to provide the lowest interest rates available to today’s underserved.

Huli is a healthcare technology company focused on enhancing the management of patient records and streamlining healthcare services. By connecting health professionals, medical centers, and institutions within the Latin American health ecosystem, Huli facilitates efficient communication and access to medical services. Its platform features an integrated online calendar with automatic reminders, enabling healthcare providers to manage appointments and patient information effectively. Huli aims to improve patient volume and satisfaction by offering transparency in services and pricing, thereby fostering a more accessible healthcare experience for patients.

Thrive Natural Care is an online store for skin care products. Their product includes new arrivals, suncare, cleansers, shave, beard, moisturizers, kit, and gifts. They provide inquiries through online applications.

Augmental Tech develops technology that integrates with the human body that enables to access information without the use of hands. The company actively developing discreet hands-free interfaces for people with both situational and severe motor impairment. They want to help others to overcome the physical and sensory limitations of the body and see the mouth as unexplored real-estate for human-computer interaction. Augmental Tech enabling access to computers and increased autonomy for those living with paralysis of the upper extremities. They allowing interaction with a mobile device when constraints imposed by context prevent the use of hands. Augmental Tech was founded in 2019 and is based in Boston, Massachusetts, USA.

BildTEK S.A. is a Costa Rican company founded in 2013 that specializes in the design, manufacture, and construction of cold-formed steel structures for both commercial and residential projects. The company focuses on increasing productivity and quality in construction by integrating advanced technology and design principles. Utilizing building information modeling (BIM) and a controlled manufacturing process, BildTEK produces galvanized steel profiles that are used in systems for roofs, walls, floors, and stairways. Their approach emphasizes a simplified construction process that reduces environmental impact while ensuring structural precision, promoting an efficient and industrialized method of building.

Clicoh is a startup born in Cordoba, Argentina in 2018 that provides fulfillment and logistics solutions through innovation and technology for digital companies in Latam.