Cito Ventures

Cito Ventures is a privately held venture capital firm based in Miami, Florida. Founded in 2014, it provides capital and strategic expertise to exceptional early-stage companies.

Carolina Canida

Principal

Past deals in Florida

Animusoft

Seed Round in 2017
Animusoft Corporation is a software company that specializes in solutions for the drone and robotics industries. The company operates the Alive platform, an edge computing software designed to facilitate the integration and operation of drones and robots across various applications, including land, sea, and air. Animusoft offers multiple products, including Alive.Hover for drone operations, Alive.Rover for robotic applications, and a suite of cloud-based solutions such as Alive.Mind, a machine learning engine, and Alive.Genome, an operating system that ensures safe operation. The platform supports a range of industries, including precision agriculture, infrastructure, power, oil, gas, mining, security, and inspections. Founded in 2003 and headquartered in Doral, Florida, Animusoft aims to enhance operational efficiency and data utilization for enterprises through its comprehensive software offerings.

Nearpod

Series B in 2017
Nearpod Inc. is a cloud-based educational platform focused on enhancing the learning experience in both traditional classrooms and distance learning environments. Founded in 2011 and headquartered in Aventura, Florida, Nearpod enables educators to create interactive multimedia presentations that engage students and facilitate real-time assessment. The platform supports the synchronized use of mobile devices, allowing teachers to convert existing presentations into mobile-friendly content that promotes active participation. It features a variety of interactive tools, such as polls, quizzes, and drawing activities, that provide instant feedback on student performance. Additionally, Nearpod offers a certified educator community that provides webinars, lessons, and training materials, as well as a comprehensive lesson library covering topics like digital citizenship, social-emotional learning, and career exploration.

ClassWallet

Seed Round in 2015
ClassWallet, Inc. is a funds management and tracking platform based in Hollywood, Florida, founded in 2014. The company specializes in providing a digital wallet solution tailored for public education systems, facilitating the management of various funds, including classroom stipends, student activity funds, and grants. ClassWallet's technology streamlines the purchasing and reimbursement process, significantly reducing administrative overhead and paperwork. By integrating e-commerce capabilities with a reloadable debit card system, ClassWallet ensures that public funds are utilized effectively and in compliance with regulations. The platform serves a wide range of clients, including state government agencies and school districts across 32 states, enabling them to maximize the potential of over $2.7 billion in public funds. Additionally, ClassWallet features an integrated marketplace that connects users with major retailers and service providers, enhancing their purchasing options. In 2023, the company was recognized as one of the fastest-growing private companies in the U.S., reflecting its impact in the educational sector.

OrthoSensor

Series C in 2015
OrthoSensor, Inc. is a medical device company based in Dania Beach, Florida, specializing in orthopedic devices and data services for surgeons and hospitals. Established in 2007, OrthoSensor develops innovative sensor-assisted technologies aimed at enhancing orthopedic procedures. Its flagship product, VERASENSE, is a disposable instrument used in total knee arthroplasty that provides real-time, evidence-based data to assist surgeons in making informed decisions regarding soft tissue balance and implant positioning during surgery. Additionally, the company offers OrthoLogIQ, a cloud-based system that integrates data from VERASENSE with patient demographics and reported outcomes. OrthoSensor's focus on using advanced sensors and communications technologies, alongside its software solutions, seeks to improve patient outcomes and potentially lower the costs associated with treating musculoskeletal diseases. The company markets its products through direct sales representatives across the United States and maintains partnerships to enhance its innovative offerings.
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