MassChallenge

Climatenza is a solar thermal company based in Santiago, Chile, founded in 2018. The company specializes in innovative technology solutions aimed at enhancing sustainability in energy. Climatenza focuses on generating electricity from solar energy through concentrating solar thermal technologies, providing high-value energy to utilities and heat for industrial applications. Additionally, the company offers renewable energy consultancy services, which include assessing energy needs, conducting feasibility studies, and developing strategies for integrating photovoltaic systems. By harnessing solar radiation for utility-grade hybrid electricity generation, Climatenza supports clients in transitioning to clean energy and contributes to efforts against climate change while fostering local community development.

Pro Indie Music is a technology-driven company that empowers independent musicians worldwide. Launched in April 2021, it offers a mobile app that provides tailored opportunities and services to help artists grow rapidly. The platform teaches artists essential industry knowledge and business strategies, while also offering end-to-end artist development solutions powered by artificial intelligence for labels and managers. With a subscription-based model, Pro Indie Music operates in a $20.2 billion market, boasting a remarkable annual growth rate of 180%. Its customer base spans across Latin America, including Mexico, Colombia, Guatemala, Chile, and Peru.

We create healthy and sustainable solutions for the world based on insects. A very nutritive and eco friendly food source. Currently we are using about 50% of the habitable land for agriculture and the livestock industry is the major contributor to CO2 emisions, but In just 30 years the amount of food available will not be enough for the world`s population. By making healthy, and tasty products from insect powder such as flour for bread, cake mix, and even protein shakes, we are able to reduce the amount of livestock usage and also provide a sustainable and scalable solution. Our business model is based on 3 keypoints: >Mass and Standarized Production which is possible using our insect incubator (which is patent pending) >Sustainable and efficient Production since Costa Rica has the perfect weather conditions, >And our Partner Program to provide jobs and income to the poorest sectors of Costa Rican society. Our partner program is supported by BID Lab and Fundecooperación who are helping us deliver the program on a national scale. Costa Rica Insect Company and we Save the World Eating Bugs!

Thermy is a healthcare company focused on addressing the challenge of late-stage breast cancer diagnoses in Mexico, Latin America, and the Caribbean. The company has developed an AI-powered infrared imaging device that offers a comfortable and radiation-free alternative to traditional mammograms, facilitating early detection of breast cancer. This non-invasive method operates on both mobile and desktop platforms, allowing healthcare professionals to utilize infrared cameras to assess the likelihood of breast cancer in patients. By improving access to early detection, particularly in underserved communities, Thermy aims to enhance survival rates and reduce mortality associated with late diagnoses of breast cancer.

ClearLeaf specializes in developing non-toxic fungicides and bactericides for agricultural applications, utilizing patent-pending technology that is organic certified in the EU and Japan. The company offers pre and post-harvest solutions for a variety of crops, including coffee, bananas, pineapples, and various vegetables. Its flagship product, GotaBlanca®, is currently marketed in Costa Rica, with plans to expand into Central America. ClearLeaf has established an exclusive commercial agreement with Colono Agropecuario, the largest agrochemical distributor in the region, which has significantly boosted its sales since the partnership began in 2021. The company's mission is to provide sustainable alternatives to toxic agrochemicals, enhancing farm efficiency while safeguarding human health and the environment, ultimately improving safety conditions for agricultural workers.

Michroma Corporation is a biotechnology company that specializes in producing natural thermostable colorants derived from filamentous fungi through a fermentation process. Founded in 2019 and based in both San Francisco, California, and Rosario, Argentina, Michroma aims to replace synthetic pigments and those sourced from animals and plants with sustainable, naturally produced alternatives. The company harnesses synthetic biology to develop proprietary fungal strains that generate high-performance ingredients in bioreactors. Currently, Michroma is prototyping its innovative pH-stable and heat-stable food colorants in collaboration with leading food and beverage and cosmetic companies. Additionally, the company is exploring the production of mycoprotein and other ingredients, making strides in the sustainable ingredients market.

Social food marketplace and e-commerce that enables all food creators in LATAM to own their food business. Vende, envía, gestiona, programa, publica y compra todo en un solo lugar. "Etsy for food". We improve how food is moved, consumed and enjoyed around the world.

IMIX Consulting S.A.S specializes in creating inclusive digital ecosystems focused on financial inclusion. Based in Bogotá, Colombia, with additional offices in Quito, Ecuador; Lima, Peru; and San José, Costa Rica, the company offers a digital platform that transforms transactional processes and connects physical and digital channels. This platform provides a comprehensive portfolio of financial services, linking individuals and businesses while enabling financial and microfinance institutions to enhance their service offerings. IMIX Consulting also delivers consulting and digital payment services, facilitating the interconnection of payment and credit solutions for its clients.

Yu-Track is a tech-based company that specializes in developing platforms aimed at enhancing the management of field collection teams through real-time visibility. Their software includes a mobile application that utilizes smartphone GPS technology to enable automatic check-ins and check-outs for employees during meetings. This innovation allows small and medium-sized businesses to monitor the activities and performance of their field staff more effectively. Yu-Track's solutions are designed to help organizations connect with customers intelligently, identify behaviors, and improve performance metrics using artificial intelligence. The company has garnered interest from various sectors, including banks, retail, financial institutions, insurance companies, collection agencies, and compensation funds, particularly in Chile, Peru, Colombia, and Mexico, ensuring its competitive positioning in the market.

Aequales is a leading Latin American consultancy specializing in corporate gender equality and diversity. It leverages data from over 2,000 companies to drive organizational transformation, promoting equal opportunities and working conditions for men and women. With a client base spanning 13 countries and over 300 companies, Aequales offers services including diagnosis, measurement, consulting, training, and awareness programs to foster inclusive workplaces.

Parnity Partnership Community Serviços de Internet LTDA operates a collaborative platform focused on freight management for the freight forwarding community. Founded in 2019 and based in Nova Lima, Brazil, the company provides a software solution that connects freight forwarding companies globally. The platform enables users to find and select partners, manage partnerships, communicate effectively, enhance processes through data analysis, and facilitate secure international payments for freight costs. By streamlining these operations, Parnity helps freight forwarders establish essential partnerships with overseas counterparts, thereby enhancing their ability to offer comprehensive logistics solutions to their clients.

ElegirSeguro.com is an insurance platform based in Buenos Aires, Argentina, established in 2017. It specializes in providing insurance advice and policy management for small and medium-sized enterprises across various industries, including manufacturing, construction, hospitality, logistics, and retail. The platform offers an innovative solution that allows businesses to understand, obtain, and manage the insurance policies necessary for their operations. By utilizing multiple channels, ElegirSeguro.com facilitates the acquisition and administration of commercial insurance, enabling clients to efficiently navigate their insurance needs.

Video.Bot, developed by OvermediaCast, specializes in creating interactive and personalized video-based bots that facilitate educational and informational engagements. The platform is designed to explain complex subjects through one-on-one conversations, utilizing rich visuals and a playful approach to enhance user interaction. By leveraging real user data, Video.Bot tailors storytelling to individual experiences, making it particularly effective for educational institutions, online learning platforms, and businesses. It serves various functions, including delivering welcome messages, elucidating benefits or bills, and promoting products or services. This innovative solution aims to simplify the understanding of intricate topics while improving customer engagement and experience. Founded in 2010 and headquartered in São Paulo, Brazil, OvermediaCast has gained recognition as a leading startup in Latin America.

Video.Bot, developed by OvermediaCast, specializes in creating interactive and personalized video-based bots that facilitate educational and informational engagements. The platform is designed to explain complex subjects through one-on-one conversations, utilizing rich visuals and a playful approach to enhance user interaction. By leveraging real user data, Video.Bot tailors storytelling to individual experiences, making it particularly effective for educational institutions, online learning platforms, and businesses. It serves various functions, including delivering welcome messages, elucidating benefits or bills, and promoting products or services. This innovative solution aims to simplify the understanding of intricate topics while improving customer engagement and experience. Founded in 2010 and headquartered in São Paulo, Brazil, OvermediaCast has gained recognition as a leading startup in Latin America.

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 enables users to discover and book spaces for activities such as workshops, presentations, and retail pop-ups. In addition to space rental, Wimet provides support services to hosts, allowing them to publish their spaces and manage bookings efficiently. The platform is designed for flexibility, catering to the needs of clients who seek on-demand access to curated and available locations, while also offering hosts the opportunity to monetize unused spaces.

Lup Colombia design and market recycle glass waste into silicon fertilizers.

LikeU operates an online platform that connects corporate clients with part-time telecommuters, focusing on staffing services. Established in 2015 and headquartered in Antioquia, Colombia, with an office in Mexico City, the company emphasizes inclusivity by catering to women and individuals with disabilities. In addition to staffing solutions, LikeU offers online training and skills certifications to enhance the employability of its workforce. The company also provides business development services, employment support, and sales assistance for local businesses, contributing to the growth of the business process outsourcing industry. Through its services, LikeU aims to deliver well-paid job opportunities while fostering a diverse and skilled labor pool.

Clupp is an insurance provider focused on offering affordable coverage for low-risk drivers in Latin America. By targeting individuals who drive infrequently or exhibit good driving habits, Clupp aims to serve the 15% of the population that represents a $7 billion market. The company utilizes smartphone-based telematics to assess driving behavior without the need for additional devices, allowing for personalized insurance solutions. Clupp covers a range of vehicles, including cars, motorcycles, bicycles, and even skateboards, ensuring that customers receive accessible and tailored insurance based on their monthly mileage.

Eduemplea operates a training center focused on providing education that prepares individuals for quality and relevant employment opportunities in South America. The company offers various training programs designed to address the challenges of a competitive job market. Its services include analyzing current employment situations, designing and implementing effective training programs, and facilitating employee selection processes. By enhancing the professional and personal development skills of individuals, Eduemplea aims to increase productivity and competitiveness for both employees and the companies that hire them.

Innpactia is an asset-management platform focused on purpose-driven investments in Latin America. It connects high-impact projects with funding opportunities and training resources, enabling businesses to access various financial tools, including grants and scholarships, all translated into Spanish. The platform allows investors to identify suitable investment vehicles and monitor their portfolios effectively. Innpactia has experienced significant growth, with a 121% increase in assets under management and a 180% rise in transactions year over year. Founded by Juan Lozano, an experienced social entrepreneur in impact finance, Innpactia is currently seeking to raise a Seed round to attract investments from North America and Europe, aiming to surpass $2.5 million in revenue by 2026 and achieve $30 million in assets under management in a rapidly growing market projected to reach $510 billion by 2027.

Pronto is a rapidly expanding marketplace that offers ride-sharing and delivery services specifically targeting second-tier cities in Latin America. Established in 2017 by founders Miguel Cano, Gabriel Cano, and Nydia Cano, Pronto utilizes a unique subscription model for drivers, eliminating commission fees and facilitating a more equitable income structure. The platform connects private drivers with passengers, delivery personnel, and local businesses, allowing for cost-effective transportation solutions. This approach not only benefits drivers by providing them with fair compensation but also offers passengers more affordable fares. Pronto has garnered support from Y Combinator and various global venture capital funds, positioning it for continued growth in the competitive mobility sector.

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 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.

MakerHealth is a health network dedicated to democratizing the tools of health technology fabrication. Founded in 2008 from academic roots at MIT's Little Devices Lab, MakerHealth has evolved from training students in medical device design to empowering frontline staff in various global settings, including hospitals in the United States and clinics in Central America. Through initiatives like the MakerNurse project, the organization has fostered a community of healthcare innovators who create their own medical devices to improve patient care. MakerHealth offers resources such as tools, courses, and prototyping kits to encourage individuals to develop their skills in health technology. The organization aims to inspire a new generation of health makers by providing the infrastructure necessary for invention in hospitals and beyond, ultimately contributing to a more accessible and user-driven approach to healthcare innovation.

Amelior Technologies develops innovative solutions aimed at addressing social issues in communities worldwide. One of its key products is a larvicide dispenser designed to administer larvicide in water containers, effectively preventing mosquito larvae from thriving in residential water tanks. This device is tailored to meet specific local needs, ensuring maximum social impact, particularly in South America, where it helps combat mosquito-borne illnesses. By providing a safe and efficient means of delivering the appropriate concentration of larvicide with minimal human intervention, Amelior Technologies enhances public health and contributes to improving community welfare.

Airstrument provides a motion-tracking wearable device that offers gamified feedback for rehabilitation and assistive purposes. It is currently testing the device as a musical and gamified platform for hand rehabilitation in collaboration with hospitals and NGOs in Israel, India, and Costa Rica.

FONDIFY is a crowdfunding company focused on supporting entrepreneurial and social projects in Latin America. It provides a platform for entrepreneurs, artists, and philanthropists to connect with supporters who are passionate about their visions. By addressing the challenges of limited access to traditional funding sources like banks and government entities, FONDIFY enables creative startups and artists to raise the necessary funds for their initiatives. The company aims to inspire and foster a vibrant culture in the region by empowering individuals to pursue their dreams, ultimately contributing to the development of a prosperous society.

Precision Vine SARL is a Swiss company specializing in aerial decision support for the wine industry. Established in 2016 and based in Yverdon-les-Bains, it focuses on improving wine quality by working closely with growers and winemakers. The company offers high-resolution hyper/multispectral aerial imaging and provides tailored vineyard-specific data services. These services address various aspects of vineyard management, including vineyard heterogeneity, irrigation systems, harvest planning, disease mapping, and nutritional needs. By collecting and analyzing remote sensing data, Precision Vine assists its clients in integrating this information into effective management plans. The company operates through a broad network of drone operators and currently offers its services across several countries, including the United States, France, Italy, Spain, Argentina, and Australia.

Piktia is a mobile app where users can choose their favorite photos from their phone or social media, to create prints and photo albums in seconds and get them delivered at their doorstep. Taking photos and sharing them with friends and family has never been easier, thanks to Smartphones, trillions of photographs are created every day, and many of them have the possibility to become printed pictures. Today’s photo printing solutions are expensive, inefficient and hard to use. Users in Latin America have to spend over 90 minutes in average to print their photos. With Piktia they can do it in just seconds and get their pictures delivered at home.

Backstartup is an innovative company focused on transforming the relationship between small businesses and their financial management processes. By offering a Software as a Service (SwaS) platform, Backstartup replaces traditional accountants, providing monthly reports, tax filing, and financial statements through an online interface. The company leverages accounting automation and bank integration to minimize manual tasks and reduce human error. Additionally, it assigns a virtual administrative support team to each client, ensuring a comprehensive service experience. As a pioneer in Latin America, Backstartup aims to shift the entrenched paper-based practices of small businesses to a fully digital environment, streamlining operations and allowing businesses to concentrate on their core activities. The platform also facilitates document processing, tax liquidation, legal advice, and payroll calculations, enhancing overall productivity.

Piktia is a mobile app where users can choose their favorite photos from their phone or social media, to create prints and photo albums in seconds and get them delivered at their doorstep. Taking photos and sharing them with friends and family has never been easier, thanks to Smartphones, trillions of photographs are created every day, and many of them have the possibility to become printed pictures. Today’s photo printing solutions are expensive, inefficient and hard to use. Users in Latin America have to spend over 90 minutes in average to print their photos. With Piktia they can do it in just seconds and get their pictures delivered at home.

Backstartup is an innovative company focused on transforming the relationship between small businesses and their financial management processes. By offering a Software as a Service (SwaS) platform, Backstartup replaces traditional accountants, providing monthly reports, tax filing, and financial statements through an online interface. The company leverages accounting automation and bank integration to minimize manual tasks and reduce human error. Additionally, it assigns a virtual administrative support team to each client, ensuring a comprehensive service experience. As a pioneer in Latin America, Backstartup aims to shift the entrenched paper-based practices of small businesses to a fully digital environment, streamlining operations and allowing businesses to concentrate on their core activities. The platform also facilitates document processing, tax liquidation, legal advice, and payroll calculations, enhancing overall productivity.

Castellano Ethnic Origins specializes in handmade handbags, backpacks, and friendship bracelets crafted by indigenous women in Colombia. The company focuses on supporting and preserving traditional hand craftsmanship by enhancing the skills of local artisans. Its products not only celebrate the rich cultural heritage of lesser-known tribes but also provide unique luxury items to consumers worldwide. Additionally, Castellano Ethnic Origins is committed to social responsibility, as a portion of the proceeds from each sale is allocated to water provisions for the indigenous communities involved in the production process, fostering both economic support and environmental sustainability.

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.

Gus is a Mexican company specializing in the development and licensing of advanced chatbots tailored for the Spanish-speaking market. Founded in 2015, Gus began as a personal assistant chatbot, enabling users to inquire about various topics. Recognizing the potential for broader applications, the company transitioned towards creating a robust technological product designed to automate operations for businesses. This pivot allowed Gus to license its technology, providing organizations with tools to enhance customer interaction at scale. By optimizing conversation flows, Gus's chatbots help businesses improve customer experience, increase loyalty, and drive revenue through effective messaging strategies. With its headquarters in Mexico, Gus is expanding its presence in Spain and Latin America, aiming to lead in user experience, technology, and innovation in the chatbot industry.

Bayonet Technologies, Inc., established in 2016 and headquartered in Camden, Delaware, specializes in designing and developing reputation system software. It provides collectively-sourced data and risk assessment tools primarily to banks, payment processors, financial institutions, and lenders. The company's unique approach to machine learning enables it to calibrate decision models efficiently, requiring only five days of clean historical data, compared to the industry standard of 90-180 days. This allows Bayonet to help high-growth companies effectively combat fraud and reduce low acceptance rates with significantly fewer resources than traditional solutions.

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.

Colibrí accelerates the transition to renewable energy and increases the purchasing power of Nicaraguan families. Hummingbird is catalyzing the transition to clean energy and unlocking the purchasing power of Nicaraguan households.

Zalvadora operates as a leading knowledge supermarket in Spain and Latin America, providing an extensive online platform designed to facilitate a cloud education ecosystem. The company collaborates closely with professors, content creators, and small to medium higher education institutions, ensuring a diverse range of courses and training options. Zalvadora emphasizes equitable revenue sharing, allocating up to 70% of sales to educators and institutions involved in its platform. This model not only enriches the educational content available but also empowers businesses to enhance their workforce through accessible virtual learning opportunities.

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.

Acsendo SAS is a Colombian company that specializes in developing subscription-based talent management software solutions. Its platform allows organizations to assess employee performance, align individual objectives with corporate goals, and automate the employee review process. By categorizing employee roles, responsibilities, and competencies, Acsendo facilitates a metrics-driven environment that enhances employee satisfaction and retention while enabling companies to optimize their workforce. The software is utilized by a diverse range of clients, including services and industrial sectors, consultants, and government entities across Colombia, Chile, Peru, and Mexico. Acsendo's solutions aim to improve decision-making regarding promotions, compensation, and retention, ultimately addressing common challenges related to employee engagement and morale.

Ubidots operates a cloud-based Internet of Things (IoT) platform that offers solutions for system integrators and original equipment manufacturers. The platform enables users to collect, analyze, and visualize data from various sensors and digital sources, facilitating the creation of custom dashboards and device libraries. Initially focused on providing services in healthcare and other industries in the American Southeast and Latin America, Ubidots pivoted in 2014 to become a global product-based company after participating in the Boston MassChallenge Accelerator. This transition allowed Ubidots to establish itself as a prominent player in the IoT ecosystem, recognized for its affordability and usability amidst competition. The company has successfully completed numerous projects across diverse sectors, including Healthcare, Energy, Manufacturing, Transportation, and Retail, leveraging its expertise in IoT and cloud solutions to drive digital transformation.

ClearLeaf specializes in developing non-toxic fungicides and bactericides for agricultural applications, utilizing patent-pending technology that is organic certified in the EU and Japan. The company offers pre and post-harvest solutions for a variety of crops, including coffee, bananas, pineapples, and various vegetables. Its flagship product, GotaBlanca®, is currently marketed in Costa Rica, with plans to expand into Central America. ClearLeaf has established an exclusive commercial agreement with Colono Agropecuario, the largest agrochemical distributor in the region, which has significantly boosted its sales since the partnership began in 2021. The company's mission is to provide sustainable alternatives to toxic agrochemicals, enhancing farm efficiency while safeguarding human health and the environment, ultimately improving safety conditions for agricultural workers.