# Carao Ventures: portfolio, investments and team

> Carao Ventures is a vc firm based in Costa Rica. 27 investments on record, 3 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/carao (Millionrounds; every figure on the page links to its filing or article)

Costa Rica · [Investor](https://millionrounds.com/investors)

# Carao Ventures

Last cheque observed Jun 2026; 27 cheques on record.

Email

VC firm Deploying now

Pre-seed Seed Series A Electronics Enterprise Manufacturing

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Deploying now

**23%** of best year **3** **cheques in 12 months**, 27 on record

Since the last cheque **142** days **00** hrs **00** min **00** sec

Median round **$2.8M** Cheque size, as they say **$25K – $50K** Rounds led **0 of 27** Sole investor **5 rounds** Mostly in **United States, 37%**

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## Carao Ventures highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Seed and Venture: 82% of its rounds
- 03 Sole investor in 5 rounds, median $2.2M

## What they do

> Carao Ventures is an early-stage VC firm for small and medium sized markets in Latin America. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $25K – $50K as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Electronics Enterprise Manufacturing
- **Based in:** San Jose, Costa Rica
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **27 appearances**

- **2026** 3 rounds
- **Jun** **[Braven](https://millionrounds.com/company/braven)** Seed · CO · LatamList **$4.6M** With 6 others
- **Apr** **[Levita Magnetics](https://millionrounds.com/company/levita-magnetics)** Venture · US **$3.0M** With 1 other
- **Mar** **[Rexi](https://millionrounds.com/company/rexi)** Pre-seed · AR · Contxto **$1.2M** With 5 others
- **2025** 4 rounds
- **Jun** **[Crabi](https://millionrounds.com/company/crabi)** MX · LatamList **$14M** With 7 others
- **Apr** **[Strike](https://millionrounds.com/company/strike)** Series A · UY · LatamList **$14M** With 6 others
- **Feb** **[clicOH](https://millionrounds.com/company/clicoh)** Series A · MX **$1.0M** With 4 others
- **Jan** **[Fibrazo](https://millionrounds.com/company/fibrazo)** Venture · AR **Undisclosed** Sole investor
- **2024** 12 rounds
- **Dec** **[BildTEK](https://millionrounds.com/company/bildtek)** CR **$540K** Sole investor
- **Dec** **[Caldo Restaurant Technologies](https://millionrounds.com/company/caldo-restaurant-technologies)** Seed · US **$500K** With 3 others
- **Nov** **[Speratum Biopharma, Inc.](https://millionrounds.com/company/speratum-biopharma-inc)** US **$581K** With 1 other
- **Aug** **[Floid](https://millionrounds.com/company/floid)** Venture · CL **$1.5M** With 2 others
- **Jul** **[escala](https://millionrounds.com/company/escala)** Venture · US **$12M** With 3 others
- **Jul** **[ObraLink](https://millionrounds.com/company/obralink)** Seed · CL **$1.9M** Sole investor
- **Jun** **[Mirlo](https://millionrounds.com/company/mirlo)** Seed · MX **$1.0M** With 1 other
- **Jun** **[Augmental](https://millionrounds.com/company/augmental)** Venture · US **$3.5M** With 5 others
- **May** **[Naya Homes](https://millionrounds.com/company/naya-homes)** Seed · MX **$3.1M** With 3 others
- **Mar** **[WeKall](https://millionrounds.com/company/wekall)** Venture · CO **$200K** With 1 other
- **Mar** **[boxful](https://millionrounds.com/company/boxful)** Seed · SV **$3.4M** With 1 other
- **Jan** **[FinanEx](https://millionrounds.com/company/finanex)** US **$3.0M** With 1 other
- **2023** 3 rounds
- **Nov** **[Loopa Finance](https://millionrounds.com/company/loopa-finance)** Venture · ES **$30M** With 4 others
- **Jun** **[nullplatform](https://millionrounds.com/company/nullplatform)** Pre-seed · US **$1.5M** With 1 other
- **May** **[Huli](https://millionrounds.com/company/huli)** Seed · CR **$5.5M** With 1 other
- **2022** 2 rounds
- **Apr** **[Lenk](https://millionrounds.com/company/lenk)** Seed · CL **$2.0M** With 4 others
- **Apr** **[LOGYSTO](https://millionrounds.com/company/logysto)** Seed · CO **$2.5M** Sole investor
- **2021** 1 round
- **Aug** **[RewardsWeb](https://millionrounds.com/company/rewardsweb)** Venture · US **$3.9M** Sole investor
- **2015** 1 round
- **Jan** **[Slidebean](https://millionrounds.com/company/slidebean)** US **$250K** With 2 others
- **2013** 1 round
- **May** **[Slidebean](https://millionrounds.com/company/slidebean)** Seed · US **$35K** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **4** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Pre-seed Seed Series A

Median round joined **$2.8M** the round, not its cheque Alone, median **$2.2M**

Led 0 of 27 rounds **0%**

- **Said size:** $25K – $50K
- **Sole investor:** 5 rounds
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Seed said *10*
- Venture *8*
- Pre-seed said *2*
- Series A said *2*
- Series B said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [FJ Labs](https://millionrounds.com/fund/fj-labs) 2
- [Flybridge](https://millionrounds.com/fund/flybridge) 2
- [IGNIA](https://millionrounds.com/fund/ignia-partners) 2
- [MassChallenge](https://millionrounds.com/fund/masschallenge) 2
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 2

**Pitching Carao Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Carao Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**FJ Labs** VC firm **2** rounds together](https://millionrounds.com/fund/fj-labs)[**Flybridge** VC firm **2** rounds together](https://millionrounds.com/fund/flybridge)[**IGNIA** VC firm **2** rounds together](https://millionrounds.com/fund/ignia-partners)[**MassChallenge** Accelerator **2** rounds together](https://millionrounds.com/fund/masschallenge)[**Y Combinator** Accelerator **2** rounds together](https://millionrounds.com/fund/y-combinator)

## Recently backed

The latest companies Carao Ventures put money into.

[**Braven** $4.6M · Jun 2026](https://millionrounds.com/company/braven)[**Levita Magnetics** $3.0M · Apr 2026](https://millionrounds.com/company/levita-magnetics)[**Crabi** $14M · Jun 2025](https://millionrounds.com/company/crabi)[**Strike** $14M · Apr 2025](https://millionrounds.com/company/strike)[**clicOH** $1.0M · Feb 2025](https://millionrounds.com/company/clicoh)[**Fibrazo** Jan 2025](https://millionrounds.com/company/fibrazo)

## Quick answers about Carao Ventures

### What does Carao Ventures invest in?

Carao Ventures invests most often at Seed and Venture (82% of the rounds on record), in sectors such as Electronics, Enterprise and Manufacturing.

### How active is Carao Ventures?

27 investments on record, 3 of them in the last 12 months. The most recent was in Jun 2026.

### What has Carao Ventures invested in recently?

Its most recent investments on record: Braven (Seed, Jun 2026), Levita Magnetics (Venture, Apr 2026) and Rexi (Pre-seed, Mar 2026).

### How big are Carao Ventures's cheques?

The median round it joins is $2.8M. It says it writes cheques of $25K to $50K.

### Does Carao Ventures lead rounds?

Rarely, if at all: none of its 27 investments on record names it as the lead.

### Where does Carao Ventures invest?

Most of the companies it backs are in the United States (37%), Mexico (15%) and Colombia (11%).

### Is Carao Ventures investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### Who does Carao Ventures invest alongside?

Most often FJ Labs (2 rounds together), Flybridge (2 rounds together) and IGNIA (2 rounds together).

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