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Carao Ventures

Avenida Las Americas con Calle 60 Sabana Norte, San Jose, 10108, Costa Rica

Overview

Venture capital firm investing in early-stage startups in Latin America.

Founded

2012

Deals · 12mo

2

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Colombia
Costa Rica
Mexico
Spain
...

Sector focus

Finance
Financial Services
FinTech
Information Technology
...

Investment portfolio

12rounds
NAMEDATESIZE
Braven
Jun 2026Participated
$5 MSeed
Rexi
Mar 2026Participated
$1 MSeed
Crabi
Jun 2025Participated
$14 MOther Equity
Strike
Apr 2025Participated
$14 MSeries A
aviva
Aug 2024Participated
$6 MSeed
WeKall
Mar 2024Participated
$0.20 MOther Equity
Naya Homes
Oct 2022Participated
$5 MOther Equity
Qanlex
Sep 2022Participated
$3 MOther Equity
Levita Magnetics
Aug 2022Participated
$26 MSeries C
Tesorio
Jul 2022Participated
$17 MSeries B
Slidebean
Jul 2017Led
$0.85 MSeed
GoPato
Jan 2017Led
$0.55 MOther Equity
Braven
Jun 2026Participated
$5 MSeed
Rexi
Mar 2026Participated
$1 MSeed
Crabi
Jun 2025Participated
$14 MOther Equity
Strike
Apr 2025Participated
$14 MSeries A
aviva
Aug 2024Participated
$6 MSeed
WeKall
Mar 2024Participated
$0.20 MOther Equity
Naya Homes
Oct 2022Participated
$5 MOther Equity
Qanlex
Sep 2022Participated
$3 MOther Equity
Levita Magnetics
Aug 2022Participated
$26 MSeries C
Tesorio
Jul 2022Participated
$17 MSeries B
Slidebean
Jul 2017Led
$0.85 MSeed
GoPato
Jan 2017Led
$0.55 MOther Equity
12
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Insights

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Deal Distribution

Carao Ventures: 12 funding rounds are recorded in the selected participation categories.All available history.
Carao Ventures: 12 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed13
Series A01
Series B01
Series C+01
Other Equity14

Monthly Deal Activity

Carao Ventures: 12 deals are recorded across 118 months.All available history.
Carao Ventures: 12 deals are recorded across 118 months. All available history
MonthDeals
Jan '171
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '171
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '221
Aug '221
Sep '221
Oct '221
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '241
Apr '240
May '240
Jun '240
Jul '240
Aug '241
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '251
May '250
Jun '251
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Carao Ventures: Fintech is the largest displayed sector by deal count (6 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Carao Ventures: Fintech is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
Fintech6
Enterprise Software4
Networks, Cloud & Communication3
Professional Services3
Cybersecurity & Privacy2
Hardware & Robotics2
AI & Machine Learning2
Travel & Hospitality1
Real Estate & Construction1
Transportation & Logistics1
Consumer & Lifestyle1
Marketing & Advertising1
Health & Life Sciences1
Developer Tools1

Deal Size Distribution

Carao Ventures: 12 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Carao Ventures: 12 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M2
$10M-$25M3
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Carao Ventures: United States has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

Carao Ventures: United States has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
United States5
Mexico3
Europe1
EspañA1
Costa Rica1
Colombia1
Carao Ventures: 20 co-investors are shown, with 500 Global sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Carao Ventures: 20 co-investors are shown, with 500 Global sharing 2 recorded deals. All available history
Co-investorShared deals
500 Global2
FJ Labs2
Flybridge Capital Partners2
IGNIA2
Newtopia VC2
30N Ventures1
Angeles Ventures1
Azuro Capital1
BAMCAP Ventures1
Broom Ventures1
Canary Ventures1
Clocktower Technology Ventures1
Colibri Equity Ventures1
Collide Capital1
Credicorp1
Derive Ventures1
Digital Currency Group1
Fiat Ventures1
FinTech Collective1
First Round1

Investment Strategy

Carao Ventures: Led accounts for 17% and participating for 83% of round participation.All available history.
Carao Ventures: Led accounts for 17% and participating for 83% of round participation. All available history
CategoryDeals (count)Share (%)
Led217%
Participating1083%
Carao Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Carao Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead2100%
Co-led00%

Team

Allan Boruchowicz

Founder and Managing Partner

Damian Barrios

Operations Manager

Edwin Meyers

Partner

Freddy Fachler

Partner and Legal Counsel

Jose Miguel Alfaro

Legal Counsel

Mario Peña

Senior Associate