Angel Ventures

We are here to help Latin American tech entrepreneurs build transcendental companies from an early stage. We want to accelerate the creation of value in our region by partnering with passionate founders, thus bringing new and better local opportunities. What are we looking for? We are looking for exceptional founders in Latin America that are currently at an early stage in their company.‍ Tech entrepreneurs that have the drive, product mindset and integrity to make a difference in the region. How can we help? We invest in early stage startups between $100k-$1M usd. In addition to funding, we provide our expertise to help you build and grow. We've helped build one of the largest tech companies in LatAm from scratch and we're here to help you too.

We're your partner from 0 to 1 and beyond. US$200k towards your pre-seed We write a high-conviction first check, providing limited dilution and no competition with seed leads in LatAm and the US. Top founders and mentors Find hands-on tactical support and connections within a community of outlier founders and seasoned operators. Help raising your next round We'll connect you to the right and best investors and walk side by side on the path to successfully closing your Seed round.

We write $100K checks to founders with ganas and a big vision to address big problems in growing markets thru a sustainable go-to-community strategy. We help our portfolio companies with sales, community, and fundraising strategies by leveraging our expertise, proprietary tools, WhatsApp, and our Ganas LP, mentor, and support community. We’re on a mission to produce outsized returns con ganas! And, while we’re at it, we’re changing the narrative of who VCs are, who we invest in, and how companies become unicorns by just being us. The fund is run by solo-GP Lolita Taub who is building an early-stage VC boutique franchise; after investing in 91 startups as a scout/angel/VC, and post launching her first fund The Community Fund. Learn more about community-driven companies here.

A EXT CAPITAL aporta recursos e soluções de funding – desde planejamento financeiro, estruturação de dívida e rodadas de equity após a fase seed – que permitem elevar ainda mais o desempenho. Fundada a partir de um spin-off da DOMO Invest, a EXT CAPITAL se beneficia de acesso diferenciado a startups de elevada performance, do relacionamento estabelecido junto da indústria de VC e da confiança aportada pelos investidores de longo prazo para se estabelecer como parceira dos fundadores de seu portfólio.

Carao Ventures is an early-stage VC firm for small and medium sized markets in Latin America. We support entrepreneurs who have the technical skills and grit needed to disrupt industries. Where does Carao Ventures invest? Carao Ventures considers investments in every spanish-speaking country in Latin America. We have a particular interest in companies operating in Central America, the Dominican Republic, Colombia, Ecuador, and Peru. What industries does Carao Ventures invest in? We view almost every industry in our region as uncompetitive and in severe need of an innovation overhaul, and we believe that early-stage venture funding for Latin America's talented entrepreneurs is a key component to addressing this. We invest with the goal of creating valuable and competitive companies across most industries. We do NOT invest in certain industries, including but not limited to weapons, alcohol, tobacco, and gambling. What stages does Carao Ventures invest in? Recognizing the shortcomings of nomenclature, Carao Ventures generally seeks to invest in companies that are in Pre-Seed, Seed, or Pre-Series A stages. There is more flexibility for companies run in the US by Latin American founders (reminder: these types of companies need to have a relevant portion of their operations based in Carao Ventures target geography). What does Carao Ventures tend to look for in the companies and teams it invests in? Other than geographical and business stage criteria, we favors companies with the following characteristics: Companies that are developing or making smart use of technologies or innovative business concepts that have the potential to transform the way a sizable industry or market operates, or to become a key driver within a whole new industry. Companies that have defined a value proposition that is scalable, have international market potential, and are preferably not capital intensive. Companies that have a value proposition derived from competitive advantages that are intrinsic to, or present in, LatAm (e.g. distinctive capabilities, a market gap, a specific sector’s recognition, access to a resource, etc.) Companies led by talented multi-disciplinary teams that are self-sufficient to the point that they can effectively design, produce, and sell their product or service; Companies that have not received multiple previous rounds of funding without reaching traction in the business. Companies that have favorable prospects for subsequent rounds of financing or future liquidity events, as well as a straightforward exit strategy. How much does Carao Ventures invest per ticket? Recognizing the shortcomings of nomenclature, ticket sizes for different investment rounds are generally as follows (all values in United States Dollars): Pre-seed: $25,000 to $100,000 Seed: $250,000 to $1,000,000 Pre-Series A/Series A: $500,000 to $1,750,000 What is the best way to contact Carao Ventures? We prefer you contact us via warm intros. We value the opinion of our relationships and a reference goes a long way. If you don’t have access to someone in our network, that is perfectly fine. You can apply through our contact form on this website and we’ll get back to you as soon as possible. For questions related to press, partnerships, and other institutional enquiries, please send us an email to info@caraov.com. What can I expect for Carao Ventures investment process? The investment process is as follows: Step 1: Prospective startups apply through the website’s application form Step 2: Startups selected for an initial call will be contacted via e-mail Step 3: Startups are contacted within 2 weeks with an indication of next steps Step 4: Depending on the outcome of the previous step, startups enter deeper due diligence processes with Carao Ventures (e.g., additional interviews, questions, evaluations) Step 5: Depending on the outcome of the previous step, startups are presented to Carao Ventures Fund I’s Investment Committee that will ultimately determine whether or not a company will receive an investment. From start to finish, the investment evaluation process can take between 3 weeks to 3 months, with an expected average of 1.5 months. Does Carao Ventures sign NDAs? Carao Ventures does not sign NDAs unless the information being shared describes highly proprietary information relating to a novel technology that is core to a company’s competitive advantage and business strategy. Not signing NDAs is the norm in Venture Capital investing. For more information on why most VC investors do not sign NDAs, please refer to Brad Feld’s take on the matter here. Does Carao Ventures invest in competing companies? Carao considers competing companies on a case by case basis. We prefer when companies do not overlap in geographies, and always consider the opinion of our portfolio company founders before making a decision.

We are a VC firm that accelerates early-stage Latin American startups on three fronts: investment, knowledge transfer, and community building. We bet on projects with the greatest potential from their ideation, so that they can grow and scale exponentially, generating a positive and measurable impact on the economy and society. We are formed by a team of 15 people who are distributed across 7 different areas.