Utec Ventures

UTEC Ventures is an accelerator and venture capital firm based in Lima, Peru, established in 2014 as the accelerator arm of the University of Engineering and Technology (UTEC). The firm focuses on early-stage investments, targeting visionary founders in various sectors, including fintech, insurtech, health, wellness, biotech, retail, e-commerce, real estate, transportation, information technology, industrial, human resources, and ed-tech. UTEC Ventures provides initial funding through its acceleration program, typically offering investments of $25,000 for a 2.5% ownership stake in startups. The firm primarily invests in North America and prefers companies with an enterprise value ranging from $0.5 million to $1 million.

José Deustua

Managing Director

44 past transactions

Viajamás

Pre Seed Round in 2024
We are the first online platform for the global sale and distribution of Spanish-speaking multi-day tours. We connect +150 tour operators and DMC with Travel Agencies, OTAS, Airlines, Tourism SAAS

Hapi

Seed Round in 2022
Hapi is a stock trading app that aims to democratize access to the financial markets for consumers in Latin America. It offers a user-friendly platform where individuals can register in just a few minutes and begin trading stocks and exchange-traded funds (ETFs) without incurring any commission fees or minimum investment requirements. Hapi allows users to transfer funds, execute real-time transactions, and monitor their investment returns easily. In addition to traditional stock trading, the platform has expanded its offerings to include the ability to buy, hold, and sell cryptocurrencies, further enhancing its appeal to a diverse range of investors.

Cuentología

Non Equity Assistance in 2021
Cuentología helps children overcome today's everyday challenges. It was founded in 2020.

TiendaDA

Non Equity Assistance in 2021
TiendaDa is a web platform designed to assist small business owners in establishing their virtual stores. By providing an accessible and inclusive e-commerce store-building tool, TiendaDa enables brands to create online stores and manage their selling processes effectively. The platform facilitates order management through social media applications and offers integrated features such as online payments, delivery shipments, and international shipping. TiendaDa aims to be a strategic partner in the growth of small businesses by delivering practical digital solutions that simplify the online selling experience.

Tumi Robotics

Non Equity Assistance in 2021
Tumi Robotics, established in 2016 and headquartered in San Miguel, Lima, Peru, specializes in inspection and monitoring solutions that cater to challenging access areas and capital-intensive infrastructure. The company develops advanced robotics and AI systems designed for applications in environments such as tunnels, ducts, water bodies, industrial plants, and underground mining. By providing these innovative solutions, Tumi Robotics enables its clients to safeguard their personnel, the surrounding environment, and their valuable assets.

Voy Contigo

Non Equity Assistance in 2021
Voy Contigo is a software company that offers free mobile apps for women's safety and community.

&Her

Non Equity Assistance in 2021
&Her is a clothing brand with a mission to create an alternative to mass fashion production through the power of AI.

Limalinen

Non Equity Assistance in 2021
Limalinen is a manufacturer of cotton bedding based in Lima, Peru, dedicated to enhancing sleep quality by offering a range of innovative products. The company's offerings include sheets, duvet covers, bedspreads, and mattress protectors, all designed to be used throughout the year. By replacing traditional blankets and duvets with down alternatives and pillowcases, Limalinen aims to simplify bedding choices for consumers, encouraging them to reduce clutter and optimize their spending on sleep essentials.

Postea

Non Equity Assistance in 2021
Postea is an artificial intelligence-based grammar checker designed to help users simplify the planning and creation of content.

Talently

Seed Round in 2021
Talently is an educational platform based in Lima, Peru, focused on accelerating the careers of Latin American tech talent. The company provides an intensive online program designed for software developers, offering training in English communication skills, technical competencies, and remote work readiness. In addition to educational content, Talently equips participants with career mentoring, job and interview information, skills assessment, and mock interview opportunities. This comprehensive approach aims to enhance job prospects in the global technology industry, enabling graduates to secure better employment opportunities worldwide.

Dyfferent

Seed Round in 2021
Dyfferent is a food and beverage company based in Lima, Peru, specializing in the manufacture of healthy snacks. Founded in 2019, the company focuses on delivering natural snack options that are free from gluten and artificial ingredients, catering to health-conscious consumers. Dyfferent's products are available through various retail channels, including supermarkets, convenience stores, and specialty stores, as well as through an online shopping platform that provides shipping services. By promoting healthy eating and living, Dyfferent aims to offer convenient, nutritious snacks that support a balanced lifestyle.

Manzana Verde

Seed Round in 2020
Manzana Verde is a meal delivery and nutritional advice subscription service operating in Piura, Lima, and Mexico City. The company specializes in providing balanced meals tailored to individual health goals, ensuring that each meal contains the necessary calories, carbohydrates, fats, and proteins needed for optimal nutrition. By focusing on dietary, nutritious, and healthy meals, Manzana Verde aims to help consumers achieve their health objectives while enjoying a variety of wholesome food options.

MyPay

Non Equity Assistance in 2020
MyPay developed to improve the shopping experience inside stores in order to avoid waiting lines and contact with third parties.

Kaiku

Non Equity Assistance in 2020
Kaiku is an early-stage funding platform designed to assist first-time venture funds in streamlining their investment processes. The company has developed an artificial intelligence-based sourcing tool that automates deal origination for investors, facilitating improved funding exposure for startups. By collaborating with over 300 venture capitalists across 50 countries, Kaiku gathers feedback on investor preferences, enhancing the quality of leads for its clients. This approach not only supports emerging venture funds in sourcing deal flow but also helps build a global network, ultimately simplifying early-stage investment activities in the market.

Terapygo

Non Equity Assistance in 2020
TerapyGo is an online platform dedicated to enhancing emotional and mental well-being by connecting users with psychologists. The company leverages artificial intelligence and a freemium model to offer specialized online therapy services. By providing a user-friendly interface, TerapyGo enables individuals to search for and engage with accredited mental health professionals, helping them navigate and cope with stressful situations effectively. Through its innovative approach, TerapyGo aims to make mental health support more accessible to a broader audience.

Betriax

Non Equity Assistance in 2020
Betriax is a fintech company that operates a web-based foreign exchange platform designed to facilitate direct currency exchanges between businesses. By allowing buyers and sellers to agree on exchange rates without intermediaries, Betriax promotes transparency and efficiency in the foreign exchange marketplace. The platform is tailored to various user segments, including unbanked and underserved individuals, as well as fully banked companies. Betriax's innovative approach enables companies to exchange US Dollars and local currencies at competitive rates, significantly reducing their losses in currency transactions. Additionally, the company encourages banks to participate in this competitive environment by injecting liquidity, enhancing the overall effectiveness of the exchange process.

EQUIP

Non Equity Assistance in 2020
EQUIP is an online platform designed to streamline the procurement of construction materials for small and medium-sized construction businesses in Latin America. By addressing the challenges faced by these companies, which often rely on local hardware stores with high markup prices, EQUIP provides a more efficient and cost-effective solution. The platform enables contractors to source a wide range of materials and equipment, ensuring convenient delivery and flexible payment options. With a founding team possessing strong backgrounds in technology and construction, EQUIP aims to enhance access to essential building supplies, thereby contributing to improved housing availability in the region. The company has garnered support from notable investors, including venture capital firms and angels associated with prominent companies.

CBN

Non Equity Assistance in 2020
CBN Technologies is a software-as-a-service (SaaS) company that specializes in cloud-based solutions for managing supplier relationships and procurement processes within business networks. Its platform is designed to enhance operational efficiency by automating and simplifying the buying and selling procedures. By facilitating seamless information exchange between buyers and sellers, CBN Technologies aims to improve traceability and streamline operations, enabling companies to optimize their purchasing and supply chain management.

Trendify

Non Equity Assistance in 2020
Trendify is an online marketplace specializing in the buying and selling of secondhand fashion, aimed at promoting sustainable style choices. The platform features a diverse range of clothing items, including shoes, bikinis, blazers, shirts, jeans, and shorts, catering primarily to girls and women. By eliminating intermediaries, Trendify provides a direct and efficient way for users to refresh their wardrobes while contributing to waste reduction in the fashion industry.

Fitia

Non Equity Assistance in 2020
Fitia is a developer of a smart dieting application designed to improve individual eating habits by serving as an alternative to traditional nutritionists. The app features an automated meal planner that offers personalized weight loss and muscle gain plans. In addition to tailored meal suggestions, it provides a variety of recipes, a calorie counter, and advanced tracking technologies. This allows users to effectively monitor their calorie intake and macronutrient distribution, helping them achieve their dietary goals in a structured manner.

MedLink.la

Non Equity Assistance in 2020
Digital Healthcare Ecosystem - Latam's Healthcare SuperApp

AgenteBTC

Non Equity Assistance in 2020
AgenteBTC is a fintech startup established in 2019 by Victor Egoavil, specializing in facilitating access to crypto assets through its online trading platform. The company enables users to buy, sell, and manage cryptocurrencies using local payment methods and localized services across various territories. As of 2023, AgenteBTC has processed over $5 million in volume, serves more than 10,000 users, and is expanding internationally with a presence in Honduras.

Alfi

Non Equity Assistance in 2020
Alfi is a platform focused on enhancing financial literacy and connecting users with financial services and products through financial intermediaries. Launched in 2019, the company targets diverse stakeholders, including governments, citizens, and financial institutions, to create both public and private value. Alfi employs gamification and machine learning in its application, which utilizes artificial intelligence to categorize users based on their financial profiles, preferences, and behaviors. This approach encourages users to engage in competitive learning experiences, thereby improving their financial decision-making skills. By 2023, Alfi aims to establish itself as a key partner in promoting financial education and inclusion across the Americas, Africa, and Asia, having already reached 150,000 registered users.

Aimo

Non Equity Assistance in 2020
Aimo helps local businesses in Latam to take and operate online orders. We created a simple tool that allow business to sell online, manage inventory and automatize logistics. Our technology give business an omnichannel order system that leverages physical stores or urban warehouses to do fast On demand delivery reducing costs.

Proximity

Non Equity Assistance in 2020
Proximity is a company focused on digital transformation, specializing in the design, development, and deployment of projects that leverage immersive technologies. It operates a platform that provides content for e-learning and gaming, offering clients a range of immersive training experiences, videos, and virtual tours. By utilizing these technologies, Proximity aims to enhance the effectiveness and efficiency of the learning processes for workforce development. The company's innovative solutions are designed to meet the evolving needs of businesses seeking to improve training and engagement through cutting-edge digital experiences.

Hapi

Non Equity Assistance in 2020
Hapi is a stock trading app that aims to democratize access to the financial markets for consumers in Latin America. It offers a user-friendly platform where individuals can register in just a few minutes and begin trading stocks and exchange-traded funds (ETFs) without incurring any commission fees or minimum investment requirements. Hapi allows users to transfer funds, execute real-time transactions, and monitor their investment returns easily. In addition to traditional stock trading, the platform has expanded its offerings to include the ability to buy, hold, and sell cryptocurrencies, further enhancing its appeal to a diverse range of investors.

Tappoyo Fintech

Non Equity Assistance in 2020
TAPPOYO es una #FintechConImpactoSocial. Hoy en Perú y pronto en Colombia y Ecuador, mediante un modelo físico digital de una "comunidad de mujeres que ayudan a mujeres", otorgamos préstamos grupales: inclusivos, rápidos y de precio justo a emprendedoras sin experiencia crediticia. Resultados de impacto: Para el 55% de nuestros clientes fuimos su primera experiencia crediticia. 35% de estas población logró iniciar un negocio con el capital prestado. Reducimos en más de 800% los intereses usureros que pagaban las emprendedoras a los prestamistas informales. Hoy tenemos una tasa de default de 0%

Regenera Perú

Non Equity Assistance in 2020
Regenera Perú is an environmental conservation organization that focuses on protecting and regeneration of nature.

ZimpleMath

Non Equity Assistance in 2020
ZimpleMath is an educational technology company that focuses on enhancing math comprehension through interactive games. Its platform offers engaging math brain games that cater to various users, including students aged 13 and older and adults. The games are designed to make learning math both quick and enjoyable, aiming to improve understanding and retention of mathematical concepts. For adults, the platform also serves a cognitive benefit by helping to slow down brain aging, while students experience a boost in their mathematical skills. Through its innovative approach, ZimpleMath strives to create a more effective and entertaining learning environment for users of all levels.

Tranzfer.me

Non Equity Assistance in 2020
Tranzfer.me is a pioneering money transfer platform based in Peru that facilitates international money transfers without the physical movement of cash across borders. By leveraging local bank transfers, the platform allows users to send money to recipients' bank accounts quickly, often within minutes. Tranzfer.me aims to simplify the process of sending and receiving funds internationally, providing an economical solution for users in Peru, Brazil, the United States, Canada, and Europe. The company plans to expand its services throughout Latin America, offering a mobile app and a network of agents to enhance accessibility for users, thereby enabling seamless global payments and transfers for family and friends.

Queestudiar.la

Pre Seed Round in 2019
Queestudiar is a career counseling service based in La Molina, Peru, focused on guiding students in their vocational and educational choices. The company offers a range of services, including seminars and workshops in schools and colleges, aimed at helping students identify their strengths and interests. Through its educational platform, Queestudiar connects students with vocational specialists who assist them in exploring various career paths, enhancing their understanding of different fields, and aligning their studies with personal goals. By fostering informed decision-making, Queestudiar aims to empower students to become passionate professionals who can make a significant impact in their chosen industries.

uDocz

Pre Seed Round in 2019
uDocz is the largest learning platform in Latin America, catering specifically to university and college students. It offers a document-sharing platform that enables users to share class notes, presentations, and study guides. This collaborative environment allows students and professionals to learn together while effectively searching for a diverse array of study materials, including books, theses, publications, and other academic documents. By fostering a community focused on educational resource sharing, uDocz enhances the learning experience for its users.

Canduit

Pre Seed Round in 2019
Canduit, Inc. is a software-as-a-service company based in McLean, Virginia, that focuses on connecting company-sponsored projects with college students to enhance experiential learning. Founded in 2017, Canduit operates a marketplace that matches professors and students with relevant projects, facilitating opportunities for students to gain practical experience and improve their employability. The platform allows students to access interviews, scholarships, and other rewards based on their work samples, while also enabling companies to collect innovative ideas and strengthen their brand presence on campus through mentorship and educational initiatives. By providing a structured environment for project-based learning, Canduit helps students develop skills that are essential for their future careers.

Coderhouse

Pre Seed Round in 2019
Coderhouse is an online education platform based in Buenos Aires, Argentina, that offers live courses in programming, design, data, and marketing. Founded in 2019, the company focuses on providing practical training through interactive classes where students complete assignments that are reviewed by mentors. Each course culminates in a final project that must be approved. Coderhouse not only emphasizes skill development but also supports students in their career advancement by offering services such as mock interviews. The platform aims to facilitate both professional and personal growth for its learners, equipping them with the necessary skills to thrive in the digital landscape.

Qimi

Non Equity Assistance in 2019
Qimi is a digital platform that specializes in managing company assets and maintenance programs through a user-centered approach. Its cloud-based solution is designed to streamline the visualization, planning, and monitoring of maintenance tasks while securely managing information, resources, and assets from any device. By enhancing the quality of operational data collected by maintenance teams, Qimi enables organizations to make informed decisions that lead to improved productivity and reduced maintenance costs. The platform is modern, intuitive, and quick to implement, making it accessible for various companies seeking to optimize their maintenance operations.

MonkeyFit

Non Equity Assistance in 2019
MonkeyFit is a fitness platform founded in 2018 and headquartered in Lima, Peru, with additional offices in Arequipa, Cajamarca, Piura, and Trujillo. The company offers a monthly subscription service, known as the MonkeyFit Pass, which grants users access to a variety of personalized training sessions and services at leading gyms and personal training centers across different cities. Users can book a range of fitness experiences, including live classes, active breaks, food recipes, and mindfulness audios, catering to diverse health and wellness needs. By consolidating access to multiple fitness options under a single membership, MonkeyFit aims to promote a more flexible and accessible approach to maintaining fitness and good health.

Manzana Verde

Non Equity Assistance in 2019
Manzana Verde is a meal delivery and nutritional advice subscription service operating in Piura, Lima, and Mexico City. The company specializes in providing balanced meals tailored to individual health goals, ensuring that each meal contains the necessary calories, carbohydrates, fats, and proteins needed for optimal nutrition. By focusing on dietary, nutritious, and healthy meals, Manzana Verde aims to help consumers achieve their health objectives while enjoying a variety of wholesome food options.

Oszada Boutique

Seed Round in 2019
Oszada Boutique is a platform that offers clothes on a rental basis for every occasion.

tuGerente

Pre Seed Round in 2018
tuGerente is a business and financial platform tailored for small and medium-sized enterprises (SMEs) in Latin America. It offers an accessible and user-friendly solution for managing daily operations and finances, addressing essential needs such as logging purchases, expenses, and sales. The platform centralizes decentralized data, allowing SMEs to effectively manage their workflow by integrating various operational aspects, including sales, purchases, customer interactions, and inventory management. By simplifying these processes, tuGerente empowers businesses to streamline their operations and enhance overall efficiency.

Riqra

Angel Round in 2017
Riqra is a sales platform designed for manufacturers and distributors, enabling them to effectively manage B2B and D2C eCommerce operations. The platform facilitates the launch of online stores and mobile applications, as well as a sales bot integrated with WhatsApp. It includes productivity tools aimed at enhancing the efficiency of pre-sales representatives and streamlining last-mile delivery processes. Riqra also provides native integrations with various payment gateways and route optimization solutions, allowing businesses to operate smoothly without the burdens of maintaining inventories or warehouses. Its offerings are particularly beneficial for food retailers, wineries, and restaurants seeking to digitize their sales channels.

Nanda Perú

Pre Seed Round in 2016
Nanda Perú is an online platform that offers beauty services including facials, manicures, massages, waxing, hair treatments, and more.

Mesa 24/7

Pre Seed Round in 2016
Mesa 24/7 they created with the purpose of improving the restaurant reservation system. They give easiest and fastest way to book online at the restaurants.

Joinnus

Pre Seed Round in 2016
Joinnus is an online platform designed to facilitate the creation, promotion, and management of events for organizers and companies. By enabling users to sell tickets and share their events through social media, Joinnus helps maximize attendance and engagement. Organizers can create events in just one minute, allowing them to quickly promote their activities across various channels and tap into viral marketing opportunities. This service not only streamlines the event management process but also fosters connections between organizers and attendees, enhancing the overall experience for participants. Joinnus serves as a vital tool for transforming fans of concerts, shows, parties, and conferences into active promoters of events, ensuring that both organizers and attendees benefit from the platform.

Fitco

Pre Seed Round in 2016
Fitco is a management and retention software company that focuses on supporting fitness boutiques and sports centers in their business growth. The company offers a comprehensive gym management platform that facilitates the administration of fitness facilities, including sales management and customer monitoring. By leveraging technology, Fitco enhances operational efficiency and helps fitness centers foster community engagement. Its mobile app also provides a user-friendly interface for fitness enthusiasts, allowing them to connect more easily with the services offered by these centers. Through its innovative solutions, Fitco enables fitness businesses to increase sales, strengthen their brand presence, and attract new clients.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.