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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.