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 South America

Tropical Matter

Non Equity Assistance in 2021
Tropical Matter promotes an environmentally conscious culture by providing material alternatives made from renewable resources. Tropical Matter was founded by Debora Zuniga Arias.

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.

Puntopartes

Non Equity Assistance in 2021
Puntopartes is streamlining the spare partsprocurement through a time savvy marketplace where clients meet trusted dealers. Self-Serviced, with expert customer service on demand. 100% online / 7x Faster / up to 50% Cheaper.

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.

Preemar Soluciones Acuícolas

Non Equity Assistance in 2021
In Preemar we developed Pro-viden, a real-time monitoring system of water parameters that can move autonomously throughout the water and perform measurements at different depths. It measures pH, temperature and oxygen, among other parameters. The farmer has access to them remotely and at all times through our mobile application and web platform. When the level of one of these parameters moves out of their optimal range, a preventive notification is sent to him so he can take proper measures and avoid a loss of production. Additionally, the user has access to graphs and detailed reports, which are processed by our AI.

Ocular

Non Equity Assistance in 2021
Ocular is a developer of a video calling platform that enhances customer communication by providing real-time video access on company websites. Its software-as-a-service (SaaS) platform facilitates video commerce, allowing companies to integrate video calling into their digital sales channels. This feature enables company representatives to connect directly with customers whenever they have questions, fostering deeper relationships and promoting customer satisfaction. By simplifying the communication process, Ocular helps businesses improve their customer engagement and support.

TripYeah

Non Equity Assistance in 2021
TripYeah is a technology company that specializes in optimizing travel itineraries through advanced algorithms and artificial intelligence. By evaluating numerous variables and checking various routes and online resources in real time, TripYeah's innovative system allows travel agents to create tailored itineraries that align with consumer needs and expectations. This technology streamlines the traditionally manual and time-consuming process of itinerary planning, significantly enhancing efficiency and enabling clients to provide improved service to their customers.

Silabuz

Non Equity Assistance in 2021
Silabuz is an online coding school based in Lima, Peru, founded in 2016. It specializes in providing programming courses tailored for Spanish-speaking students in Latin America. The platform focuses on developing academic programs in computer science and programming, catering to both high school students and adults seeking to enhance their skills. By offering a combination of virtual and in-person classes, Silabuz aims to equip learners with the necessary training to thrive in a competitive digital landscape. The school emphasizes the importance of relevant education to meet the demands of today's technology-driven world.

Fanear

Non Equity Assistance in 2021
Fanear is a Chilean company that offers a mobile application designed to enhance the live music experience. It functions similarly to Foursquare but is focused on music events, enabling fans to provide real-time feedback to artists and gather important metrics about their audience and performance. Users can check in at concerts, indicate which artists they are attending, and participate in a gamified system that rewards them with points for their engagement. This interaction allows fans to subscribe to their favorite artists, rate performances, and share feedback. By fostering a sense of community among attendees, Fanear positions itself as a platform that recognizes and ranks dedicated fans, ultimately enhancing loyalty for artists, brands, event producers, and record labels. The application is a pivot from SonicPollen, developed by three of its original founders, and has been noted for its potential to create an addictive experience for users.

Hackmetrix

Non Equity Assistance in 2021
Hackmetrix is a cybersecurity platform that focuses on enhancing web application security and compliance for businesses. It offers automatic penetration testing that identifies vulnerabilities by utilizing leading market scanners. The platform provides detailed reports on security issues, along with developer-friendly insights to address these vulnerabilities effectively. Additionally, Hackmetrix assists organizations in achieving certifications such as ISO 27001 and ensures compliance with industry regulations, including HIPAA and PCI. By delivering these services, Hackmetrix aims to reduce the risk of cyberattacks and improve overall security posture for its clients.

GiveMove

Non Equity Assistance in 2021
GiveMove is a assistive technology manufacturer for people with motor disabilities. We are young professionals engaged in providing innovative, practical and customized solutions to improve the wellbeing of our clients and their environment. We developed Bipmov, a motorized stander for kids that includes IoT Technology and has no equal in Latin America. Follow us on instagram, twitter or facebook as @givemovear!

Aprendizaje Diferente

Non Equity Assistance in 2021
Aprendizaje Diferente is a platform that encourages the digital inclusion of people with Autism and other neurological disorders. We have 4 apps already in stores, 100% customizable and they are in English, Portuguese and Spanish. We work hard so that our apps do not exclude adults since most of the apps that focus on these topics are designed for kids.We have a very good response with families, therapists, institutions, and teachers.

Hackmetrix

Non Equity Assistance in 2021
Hackmetrix is a cybersecurity platform that focuses on enhancing web application security and compliance for businesses. It offers automatic penetration testing that identifies vulnerabilities by utilizing leading market scanners. The platform provides detailed reports on security issues, along with developer-friendly insights to address these vulnerabilities effectively. Additionally, Hackmetrix assists organizations in achieving certifications such as ISO 27001 and ensures compliance with industry regulations, including HIPAA and PCI. By delivering these services, Hackmetrix aims to reduce the risk of cyberattacks and improve overall security posture for its clients.

TissueLabs

Non Equity Assistance in 2021
TissueLabs Pesquisa e Desenvolvimento LTDA is a Brazilian company based in São Paulo, founded in 2019, specializing in the development of laboratory platforms for creating organs and tissues. The company offers a range of products designed for advanced research in drug delivery and organ fabrication. Among its offerings are TissueStart, a 3D bio printer for biofabrication, and MatriXpec, hydrogels that provide tissue-specific microenvironments for three-dimensional cell culture. Additionally, TissueLabs produces MatriCoat, which transforms tissue culture plastics, and MatriWell, cell culture inserts that contain hydrogel. These products are available for purchase through the company’s online portal, facilitating state-of-the-art research and innovation in the field of tissue engineering.

Frankles

Non Equity Assistance in 2021
Frankles has developed BLAST®, the first technological platform based on data science and clean technologies, applied to the extraction, preservation, and concentration of natural compounds. BLAST® allows the design, formulation, and production of new and natural ingredients for the beverage industry.

Michroma

Non Equity Assistance in 2021
Michroma Corporation is a biotechnology company based in San Francisco, California, founded in 2019. The company specializes in producing natural thermostable colorants derived from filamentous fungi, aiming to replace synthetic and non-sustainable colorants commonly used in food and cosmetics. By leveraging a fermentation process and utilizing colorful fungal strains, Michroma provides a diverse array of pH-stable and heat-stable natural pigments. This innovative approach not only supports sustainability but also caters to the growing demand for vegetarian and environmentally friendly alternatives in the food industry.

Mesa

Non Equity Assistance in 2020
Mesa helps restaurants attract customers at off-peak times and maximize their revenue through an app with dynamic, time-based discounts. Restaurants are able to fill their empty tables, while users are able to eat at restaurants with discounts -- the more off-peak, the bigger the discount.

Quempin

Non Equity Assistance in 2020
We break down barriers faced when changing from polluting fuel sources to cleaner alternatives by providing innovative combustion technology for heat transfer in ovens. QUEMPIN offers an efficient and low emissions gas burner for the heat sector that can reduce gas fuel consumption by at least 20%. For companies that use coal or firewood, we can offer our heat solution without investment costs. As a result, we help with the switching cost from dirty fuels to clean energy and economically viable.

Tink

Non Equity Assistance in 2020
Software de Referidos o recomendaciones para Incrementar ventas. Plataforma SaaS de incremento de ventas a través del marketing de referidos. Medición del ROI con analíticas de “referrals” con la digitalización del marketing de “boca a boca”. Software “Member gets Member”

ElegirSeguro.com

Non Equity Assistance in 2020
ElegirSeguro.com designs and develops a platform that provides insurance advice via various channels and manage policies online. It offers insurances for advice, consulting and professions in general, construction and works in general, manufacturing, gastronomic, hotel, spa and services, logistics and distribution, and retail sales industries. The company was founded in 2017 and is based in Buenos Aires, Argentina.

Yu-Track

Non Equity Assistance in 2020
Yu-Track is a Field Sales Force Automation management tool (SFA), specially designed for small and medium-sized companies, that gives visibility of the activities and performance of field employees. Yu-Track mobile Application, uses the smartphone GPS, to automatically Check-in and Check-out, every time one of the employees, arrives at a specific meeting. Using business intelligence, in a reliable and smart way, we can display KPI´s and reports in our Dashboard. That allows better understanding, for strategic decision making. We see a huge potential in syncing up Yu-Track with any CRM or ERP software because it will automatically update the data, avoiding mistakes and saving time. The process will become simpler by showing where the leads are and their hierarchy, the routes for field employees are more efficient and planning visits, will never be a problem again. We will create a version of Yu-Track as an Ad-Inn for CRM software and offer our powerful API for other services.

Parnity

Non Equity Assistance in 2020
We make a software platform that connects worldwide freight forwarding companies. Freight Forwarders need to establish partnerships with other overseas forwarders in order to offer complete logistics to its clients. Our platform will allow freight forwarders to find and select partners, manage the partnerships (PRM), communicate, improve processes and business through data, and make international payments related to freight costs in a safe and quick way.

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.

Aequales

Non Equity Assistance in 2020
Aequales is a management consulting company that promotes men's and women's empowerment through consultancy specializing in lawsuits, culture, and organizational policies with a gender perspective. The company provides tools for closing gender gaps in Latin America in the workplace, based on measurement, consulting, and technology. Aequales seek to accompany companies on their way to equity, carrying out diagnostic services, support, and execution of action plans focused on generating equity spaces within organizations through workshops, consulting, and training. Aequales was founded in 2014 and is headquartered in Miraflores, Lima, Peru.

Quiena Inversiones

Non Equity Assistance in 2020
Quiena Inversiones is a rapidly growing investment management company based in Latin America that provides an internet-based platform for retail investors to access global investment opportunities. The company's platform is designed to facilitate investments in Wall Street by calculating optimal portfolios tailored to individual risk profiles and financial objectives. It enables users to manage local, international, and sector-specific risks while striving to maximize returns. By offering a comprehensive investment solution, Quiena Inversiones empowers its clients to make informed financial decisions and diversify their investment strategies effectively.

video.bot

Non Equity Assistance in 2020
Video.Bot, developed by OvermediaCast, specializes in interactive and personalized video-based bots designed for educational and informational purposes. The platform aims to simplify complex subjects by facilitating one-on-one interactive conversations that incorporate rich visuals and an engaging format. This approach enhances user engagement and offers personalized experiences, making it suitable for educational institutions, online learning platforms, businesses, and various organizations. By combining elements of sound, image, and movement, Video.Bot enriches the learning experience, helping users to better understand intricate topics. Founded in 2010 and headquartered in São Paulo, OvermediaCast has been recognized for its innovative contributions to marketing and technology, particularly in improving customer experiences for banks and brands.

video.bot

Non Equity Assistance in 2020
Video.Bot, developed by OvermediaCast, specializes in interactive and personalized video-based bots designed for educational and informational purposes. The platform aims to simplify complex subjects by facilitating one-on-one interactive conversations that incorporate rich visuals and an engaging format. This approach enhances user engagement and offers personalized experiences, making it suitable for educational institutions, online learning platforms, businesses, and various organizations. By combining elements of sound, image, and movement, Video.Bot enriches the learning experience, helping users to better understand intricate topics. Founded in 2010 and headquartered in São Paulo, OvermediaCast has been recognized for its innovative contributions to marketing and technology, particularly in improving customer experiences for banks and brands.

Training Competence

Non Equity Assistance in 2020
Training Competence is an e-learning company that facilitates the process of learning healthcare-related procedures that can save time, money, and lives. The company shortens the learning curve in skills training with the use of human networks of instructors and obtaining educational data to improve feedback while learning. It seeks to strengthen the areas of personalized learning systems and courseware while gathering specific data that will enable a solid AI-based learning technology. It was established by Julian Varas in Santiago, Region Metropolitan in 2015.

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.

Wimet

Non Equity Assistance in 2019
Wimet SAS operates an online platform that facilitates the rental of various spaces for meetings, events, and productions. Founded in 2017 and based in Vicente López, Argentina, the platform caters to diverse needs, allowing users to discover and book spaces for workshops, courses, celebrations, audiovisual productions, and retail activities like exhibitions and pop-up stores. In addition to space rentals, Wimet offers support services to hosts, enabling them to publish their available spaces and manage bookings efficiently. The platform aims to connect clients with unique and underutilized venues, providing an effective solution for both space seekers and providers.

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.

Ludibuk

Non Equity Assistance in 2019
Ludibuk turns regular books into more engaging experiences. Our digital library, accessible via desktop computers and/or our mobile apps, offers a revolutionary reading experience for K-12 Spanish speaking students, working to improve their reading rates and level of comprehension. Through a gamification strategy and customizable effects, Ludibuk creates an immersive experience that helps bring the material to life. Pedagogical material is shown in various formats, which helps promote individualized experiences for the reader providing customized feedback and reports on progress in real-time for teachers, highlighting each student’s strengths and weaknesses.

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.

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.

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.

Arqlite

Grant in 2018
Arqlite SPC, founded in 2015 and based in Buenos Aires, Argentina, with an additional office in Seattle, Washington, specializes in recycling plastics through a proprietary process that allows for the recycling of all types of plastics, including those typically deemed non-recyclable. This innovative approach addresses approximately 70% of the plastic waste stream, which includes materials that are laminated, aluminized, or degraded by environmental factors. The result of Arqlite's process is a lightweight artificial gravel that serves various applications in the construction industry, including use by precast concrete companies and landscapers. This product is not only eco-friendly but also offers significant cost advantages, being ten times better as an insulator and three times lighter than traditional materials.

Brands Of

Non Equity Assistance in 2018
Brands Of Holding Inc. is a holding company that operates an e-commerce marketplace, enabling brands to sell a variety of products, including apparel, accessories, lifestyle items, and personal care products. Founded in 2015 and headquartered in San Juan, Puerto Rico, the company serves markets in Latin America, including Nicaragua, Argentina, and Mexico. Brands Of provides local entrepreneurs with essential digital tools for exporting their products and enhancing their brand visibility. Through its platform, the company offers digital marketing services, consulting, and business intelligence, effectively targeting consumers both locally and within the diaspora of their home countries, particularly US Hispanics.

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.

Muvin

Grant in 2017
MUVIN Enterprise offers SNOWLITE, fully disposable Organic-Salt-Carpet that dissolves 5 or more inches of snow over 50 sq ft with NO SHOVELING, NO NEED FOR CLEANUP, as it is made of EPA&FDA Approved ALL-WATER-SOLUBLE ingredients. SNOWLITE is designed to melt away approximately 5” of snow at 30°F, 10” at 15°F, 20”at 0°F with the lowest working temperature of -76° Fahrenheit.

SIMA Robot

Grant in 2017
SIMA is made up of a robotic body that in conjunction with your smartphone, through an app, becomes a fully interactive social robot capable of listening, moving and expressing itself to provide a playful experience that stimulates both play and learning.

DonaMed Venezuela

Grant in 2017
DonaMed is a contact web platform that connects people who are donating medicines to people who are looking for them. They do not have stock of medicines because the service they provide is only online.

MakerHealth

Grant in 2017
MakerHealth wants you to make tomorrow's health technology. Since 2008, their academic roots at the MIT's Little Devices Lab has taken their founders from the jungles of Ecuador, to coffee farm clinics in Nicaragua, to the sleepless hospitals of London and New York City to make medical invention tools that everyone can use to launch their own ideas. Originally part of an approach to reinvent the way MIT students were taught medical device design, their founders soon found an impact opportunity to train front line staff to go from providers to prototypers. Their DIY medical technology research gave way to stealth nurses in Central America---quiet everyday medical makers saving patients lives. Would they find them in America? Equipped with grant from the Robert Wood Johnson Foundation to find out, they created the MakerNurse project as a research study to understand medical making in America. Today, MakerNurse continues as part of the MakerHealth family spanning hospitals across America and around the world. They believe everyone can be a medical maker. In a world where health care technology is increasingly black boxed, and unaffordable, they found a stealth community of innovators working around the clock to make health better, by making their own devices to make us better. These are the health makers, the tinkerers and the explorers that inspire their team to create instruments, to rewrite medical education, and the build the invention infrastructure in hospitals around the world. Whether it's a prototyping kit part of tomorrow's doctor’s bag, or a MakerHealth Space laboratory dreaming up a prototype prescription, their global team is passionate about democratizing your ability to create and invent the things you can hold in your hand. These are the things that heal. And the things that their team is making sure you can make. We're MakerHealth and you are a health maker

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.

Traxx

Grant in 2017
TRAXX includes a robust, FCC/CE certified tracking device, per-configured right off the box to work worldwide (except Korea and Japan - sorry), a great-looking app (iOS and Android) and a 2 years global data plan. It is easily mounted on every motorcycle type and can be used anywhere, you can even cross boarders with it at no extra cost.

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.

MR Presta

Grant in 2016
MR Presta LLC is a financial technology company headquartered in San Pedro Garza García, Mexico, with additional operations in Buenos Aires, Argentina. The company specializes in providing financing solutions to retailers selling products on e-commerce platforms. It has developed an end-to-end lending platform aimed at promoting funding for small businesses in emerging markets. By utilizing in-house lending technology and partnering with various platforms, MR Presta facilitates access to capital for retailers that may lack the resources to establish their own lending units. The platform leverages both public and private APIs to gather data for underwriting, enabling businesses to effectively analyze and evaluate their financial performance.

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.

Cuantix

Grant in 2016
Cuantix is cloud software that allows organizations to easily measure and manage their social impact

Arqlite

Non Equity Assistance in 2016
Arqlite SPC, founded in 2015 and based in Buenos Aires, Argentina, with an additional office in Seattle, Washington, specializes in recycling plastics through a proprietary process that allows for the recycling of all types of plastics, including those typically deemed non-recyclable. This innovative approach addresses approximately 70% of the plastic waste stream, which includes materials that are laminated, aluminized, or degraded by environmental factors. The result of Arqlite's process is a lightweight artificial gravel that serves various applications in the construction industry, including use by precast concrete companies and landscapers. This product is not only eco-friendly but also offers significant cost advantages, being ten times better as an insulator and three times lighter than traditional materials.

uSound

Grant in 2015
Usound is a medtech company focused on enhancing hearing through innovative technology. It provides an alternative to traditional programmable hearing aids and audio streaming systems by developing an application that personalizes sound for users with hearing difficulties. The app calibrates the smartphone to match the user's specific hearing loss, optimizing the frequency of sounds and delivering audio quality comparable to that of digital hearing aids, which typically range from $2,000 to $5,000. Users undergo an initial test to assess their hearing levels, allowing the app to tailor the audio output effectively. Once calibrated, users can enjoy audio through Bluetooth headsets, receiving clear sound as if they were closer to the source. By combining health technology with user-friendly features, Usound aims to significantly improve the auditory experience for individuals with hearing impairments.

Quiro

Grant in 2015
Quiro is a surgery simulation video game that enhances medical education by providing practical training through mobile devices. Launched in 2013 in Caracas, Venezuela, the company operates an online game-based learning platform designed for medical students. Quiro's web-based and mobile applications offer an affordable and engaging approach to medical training, enabling users to access interactive educational resources from anywhere. This innovative platform aims to improve the quality and accessibility of medical training worldwide.

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.

uSound

Non Equity Assistance in 2015
Usound is a medtech company focused on enhancing hearing through innovative technology. It provides an alternative to traditional programmable hearing aids and audio streaming systems by developing an application that personalizes sound for users with hearing difficulties. The app calibrates the smartphone to match the user's specific hearing loss, optimizing the frequency of sounds and delivering audio quality comparable to that of digital hearing aids, which typically range from $2,000 to $5,000. Users undergo an initial test to assess their hearing levels, allowing the app to tailor the audio output effectively. Once calibrated, users can enjoy audio through Bluetooth headsets, receiving clear sound as if they were closer to the source. By combining health technology with user-friendly features, Usound aims to significantly improve the auditory experience for individuals with hearing impairments.

Tuten

Grant in 2015
Tuten is a platform dedicated to enhancing maintenance and home improvement services. It focuses on helping large corporations digitalize, optimize, and standardize the activities and processes of their field workforce, which typically operates outside of traditional office settings. By providing visibility and transparency of information, Tuten aims to improve customer experience and service quality. The company operates in North and South America, with offices in Miami, Bogotá, Mexico City, and Santiago, and serves clients globally. Tuten currently manages over 90 employees and supports more than 10,000 users on its platforms, handling upwards of 400,000 work orders annually.

Hablando con Julis

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

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.

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.

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.

E-POL

Grant in 2012
E-POL has developed a process allowing waste glycerin from biodiesel production to be turned into a variety of products.
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