The Venture Codex Logo

The Venture Codex

Start-Up Chile

Agustinas 640, PISO 16, Santiago, Región Metropolitana, 8320219, Chile

Overview

Start-Up Chile is a public business accelerator for startups that want to use Chile as a platform to go global. Its one of the biggest and most diverse accelerators in the world. Start-Up Chile has a large portfolio, receiving up to 160 startups per year. This deal flow is represented by 2 distinct programs based on the stage of the startup: TSF: Pre-acceleration program for startups with female founders and Seed for startups with less than three years of development.

Total investments
4
Lead investments
2
Investments · 12mo
0
Active investors
8

Sector focus

  • Innovation Management
  • Market Research
  • Social Entrepreneurship
Visit website

Investment portfolio

  • Reversso

    Participated · Equity · Aug 2022

    Reversso offers a SaaS platform that automates the entire returns and exchanges process for online retailers via a customer self-service portal that connects logistics providers and payment methods. The company pivoted from a last-mile logistics MVP developed in late 2019 to its current scalable returns-management SaaS during the COVID-19 pandemic. Reversso serves merchants of all sizes across Chile, Argentina, Brazil, Colombia, Peru and Mexico, and counts brands such as Puma and Levis among its customers. The startup recently raised $1.6M to fund expansion into Mexico and further technology development, including improvements to its risk algorithm to automate refund and exchange decisions. Founders Benjamín Santa María (CEO), Clemente Santa María (COO) and Benjamín Regonesi (CTO) intend to use the capital to hire talent and advance the platform’s post-sale experience. The team expects to be offering services to 1,000 merchants by the end of 2022.

  • oroeco

    Participated · Equity · Apr 2014

    Oroeco is a web service that links to users' financial data (including Mint.com) to estimate and track individual carbon footprints using UC Berkeley Cool Climate data tailored by location and habits. The product emphasizes behavior change through dashboards, tips, badges like “Climate Hero,” and optional social comparisons via Facebook, while allowing private accounts. It offers a detailed data view for power users but also a simplified interface for casual users. The basic service is free; the company plans a premium version covering investments and also sells vetted carbon offsets, with some offset purchases providing revenue to Oroeco. An iOS app is in development. Co-founders Ian Monroe (CEO) and Kirstin Cummings (CTO) have backgrounds in sustainability and consulting, which inform the product direction. As of the article, Oroeco has raised about $150,000 in outside funding from crowdfunding, angel investors, and program grants.

  • GlampingHub

    Led · Seed · Dec 2012

    Glamping Hub is an online booking portal focused on accommodations in nature, offering listings such as little homes built into trees, authentic tipis, safari tents, and vintage campervans. The company was founded in 2012 by CEO David Troya, COO Talal Benjelloun, and Ruben Martinez and is based in San Francisco, CA. It operates a development team in Seville, Spain. Glamping Hub raised $1m in funding and intends to use the proceeds to expand branding efforts in the U.S. and to become more accessible to a multi-language audience and the mobile market. The platform targets experiential outdoor lodging and distribution through its booking portal. No operating metrics were disclosed in the article. Glamping Hub operates an online portal focused on the glamping travel sector, listing unique short‑stay accommodations. The company launched the full version of its platform in 2012 and already lists more than 350 properties. Its site has attracted thousands of visitors from over 170 countries. The business is led by founders David Troya and Talal Benjelloun and maintains offices in Seville and Santiago. In 2012 Glamping Hub secured seed financing and is planning to raise additional capital in the short term to support international expansion.

  • QA on Request

    Led · Seed · Oct 2012

    QA on Request offers a crowdsourced testing platform that helps developers streamline their software testing process and expand the range of devices and operating systems their products are tested on. The company launched its platform after being founded in 2011 and is led by CEO Simon Papineau. QA on Request has participated in Start-up Chile’s fifth cohort, was a finalist in the 2011 Angel Investors Challenge, and received a Young Entrepreneur grant. The startup is joining Wayra, Telefónica’s global accelerator, which will provide financing plus technical and managerial support. The article does not disclose revenue or user metrics. QA on Request specializes in providing quality assurance testing for web and software projects, serving start-ups in the mobile industry and large web development agencies. The company was founded in 2011 by Simon Papineau and is based in Montreal, Canada. It was selected to take part in the Start-Up Chile global accelerator program, which should support its international expansion and market access. As part of the program the company will receive US$40k in equity-free seed capital. The accelerator also provides a one-year work visa and access to local financial and social networks. Participation in Start-Up Chile is likely intended to help QA on Request build regional partnerships and customer relationships.

Team

  • Nicolás Shea

    Founder

  • Paula Enei

    Head of International Networks

    LinkedIn
  • Ricardo Aguilera

    Financial Executive

    LinkedIn
  • Camila Postigo Gaete

    Marketing and Communication Director

    LinkedIn