Manutara Ventures

Manutara Ventures is a venture capital firm focused on seed and early-stage investments in Latin America and the Caribbean. It backs companies in consumer applications and services, software, mobile, cybersecurity, artificial intelligence, enterprise software, and related tech with B2B and B2C models. The firm provides capital plus hands-on support, including access to talent, market intelligence, policy and regulatory insights, business development, and brand-building. Founded in 2016, it is based in Santiago, Chile, with an office in Miami. It makes equity and debt investments ranging from USD 0.08 million to USD 30 million and takes equity stakes up to 30% in portfolio companies.

Ricardo Donoso Insunza

Partner

Cristian Olea

Managing Partner

Matías Soffia

Partner

Pablo Traub

Partner

Past deals in Andes

Iwana Cash

Seed Round in 2022
IwanaCash is a cashback platform based in Santiago, Chile, founded in 2020. The service allows users to earn cashback on their everyday purchases from a variety of affiliated brands, including those in beauty, apparel, consumer electronics, and car accessories. By partnering with these brands, IwanaCash shares their advertising investments with users, facilitating direct cashback deposits into their bank accounts after transactions are completed. This model provides a straightforward way for consumers to benefit financially while shopping.

FACTO

Seed Round in 2021
FACTO is a Chilean software company that specializes in providing Social ERP solutions for small and medium-sized businesses (SMBs). Its platform is designed to enhance business administration by offering automated processes for invoicing, cash flow management, inventory tracking, and accounting. By facilitating the management of sales, purchases, and other operational activities, FACTO helps businesses streamline their operations and improve overall efficiency. The company has gained significant traction in the market, being ranked as the sixth most utilized management software in Chile, with an impressive average customer growth rate of 72% and a revenue growth rate of 257% annually. Through its comprehensive ecosystem, FACTO enables SMBs to gain better control over their operations while fostering relationships with customers and suppliers.

Rocketbot

Seed Round in 2021
Rocketbot is a cloud-based robotic process automation platform that enables the development and deployment of software bots to automate repetitive tasks and business processes. The platform supports concurrent execution of multiple workflows and operates across various operating systems, creating virtual workers that perform tasks with reduced error. By automating routine activities, Rocketbot helps organizations lower costs and improve efficiency. The company was founded in 2016 and is headquartered in Santiago, Chile.

GoQuantum

Seed Round in 2019
GoQuantum is a company specializing in post-quantum secure data transmission solutions. Based in Santiago, Chile, and founded in 2018, GoQuantum develops quantum-based hardware and radio link layer encryption technologies to enhance network communications security. The company's products include high-performance VPN gateways and USB tokens designed for secure communication channels across various environments. These solutions are particularly tailored for industrial and telecom applications, ensuring data transmission remains secure even under potential quantum threats.

ETPay

Pre Seed Round in 2019
ETPay is a Chile-based fintech that provides an electronic payment gateway and cardless digital payment solutions for companies and individuals. It enables merchants and unbanked users in Chile to accept payments via bank transfers, cards and wallets, with simple integration, immediate settlement and low fees. The platform acts as a financial infrastructure provider, offering low commissions, high security and broad support for major Chilean banks. Founded in 2018 and headquartered in Santiago, ETPay aims to streamline electronic transfers, reduce payment processing costs and promote financial inclusion across Chile and Latin America.

FACTO

Seed Round in 2018
FACTO is a Chilean software company that specializes in providing Social ERP solutions for small and medium-sized businesses (SMBs). Its platform is designed to enhance business administration by offering automated processes for invoicing, cash flow management, inventory tracking, and accounting. By facilitating the management of sales, purchases, and other operational activities, FACTO helps businesses streamline their operations and improve overall efficiency. The company has gained significant traction in the market, being ranked as the sixth most utilized management software in Chile, with an impressive average customer growth rate of 72% and a revenue growth rate of 257% annually. Through its comprehensive ecosystem, FACTO enables SMBs to gain better control over their operations while fostering relationships with customers and suppliers.

Opencasa.com

Seed Round in 2018
OpenCasa SpA operates a data-driven prop-tech platform focused on the buying and selling of properties in Latin America. Founded in 2018 and based in Las Condes, Chile, the company functions as an instant buyer, offering online valuations for properties and facilitating sales through its website. OpenCasa aims to simplify and expedite the real estate transaction process for consumers, providing a transparent and secure platform for selling properties. The company seeks to become the leading marketplace for secondary market properties in the region, targeting both private and institutional investors, and aims to establish itself as a primary resource for certified secondary properties.
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