Top 35 Startup Investors in Costa Rica in October 2023

Portfolio highlights

• Qanlex — Qanlex provides litigation financing with a focus on continental law countries. Qanlex was founded by Yago Zavalia Gahan and Fernando Folgueiro.
• Sidcodx — Sidcodx is a tool that collects and digitalizes data automatically in the job site to speed up critical construction processes such as progress control and the formwork stage.
• Naya Homes — Proptech, real estate, vacation and short-term rentals, consumer finance

Portfolio highlights

• Fairplay — Fairplay is a performance-based financing platform that supports and helps e-Commerce companies to grow by advancing revenue for marketing spend. It offers funding in exchange for a steady share of revenues until the capital is paid back plus a flat fee. Fairplay was founded in 2019 and is headquartered in Mexico City.
• Poko — Enable local payments and successful onramping for wallets, NFT marketplaces, web3 games, and dApps globally.
• Wonder brands — Wonder Brands is a Latin American startup specialized in partnering with successful digital brands to boost their growth. The implementation of its strategy is achieved by injecting into associated companies a significant investment to exponentially increase working capital, marketing and equipment, as well as providing added value in the areas oftechnology, digital marketing, supply chain and administration.

Portfolio highlights

• Snap Compliance — We are a RegTech SaaS. We facilitate access to Anti-Money Laundering Monitoring, Operational Risk Management and Compliance Systems Management through a centralized and collaborative platform available to everyone, we seek to positively impact 100,000 companies by 2030.

Portfolio highlights

• Coinpay.cr — Coinpay is the leading blockchain marketplace with a Crypto Exchange and Traded Wallet solution in the region. It was founded in Costa Rica in 2016 and offers an Ecosystem of blockchain services such as Exchange, Cards, Money Remittance, Escrow services and OTC thanks to its on site development team.

Portfolio highlights

• Zypp Electric — Zypp is building the Largest Same Day Delivery Sustainable Fleet in India & Region providing Lowest cost same day delivery solution for multiple B2B customers by superlative utilization of a vehicle via passion economy. Idea is to disrupt and transform the future of the last mile delivery with right EVs, Battery swapping infrastructure, IOT,AI, ML Tech platform while making it sustainable and affordable for businesses of all types including kiranas to large e-retail customers.
• ImmersiveLabz — We have built two innovative learning products - SimuLab (virtual science lab) and Cadaviz (virtual human dissection table).
• Autocracy Machinery — Increase productivity with amazing Trencher Machines for sale available on Autocracy Machinery at unbeatable discounts. Experience the wide range of benefits with our best Trencher Machines in India

Portfolio highlights

• OpenCover — Cover $5,000 from $1.14 per week on leading protocols including Curve, Uniswap, Aave and more. As seen on CoinDesk, Decrypt, The Block, Coin Telegraph.
• Gizmo — AI quizzes that help you learn and remember anything
• Stoke Space — STOKE Space Technologies seamlessly connecting earth and space.

Portfolio highlights

• Latitud — Build good sh*t with Latitud
• Fidu — Fidu aims to develop a new operating system specifically for LatAm schools enabling institutions to digitally handle everything from finances to school-wide announcements
• Num Finance — Num Network offers businesses a fast way to scale operations in emerging markets with yield, loans and stablecoins.

Portfolio highlights

• Barte — VBarte is a benchmark for B2B interactions. They designed it to automate payment procedures in Latin America. They optimize cash flow management for small and midsize enterprises through automated payments and revenue-based financing, enabling users to get easy access to financial metrics and credit payments.
• ALPHS — THE ALPHS is an Indian-Italian lifestyle brand which operates as a specialty online retailer. It was founded in 2021 in Bengaluru, India. It serves customers worldwide, offers limited premium apparels, and lifestyle products which includes fragrances made in Italy. To ensure authenticity, their genuine products are sold exclusively through theirofficial website as mentioned in their terms of service. It gets online on big events and are available to purchase for a limited duration of 7 days only, thus selling out very quickly. Initially, they burned a great deal of their investor's cash by hiring top-notch verified celebrities on Instagram to promote their products and also did a lot of free giveaways to attract people. As seen on a news website, they were targeting women between the ages of 18 and 35 years from a few top Tier 1 countries which included United States, United Kingdom, Canada, Australia, New Zealand, and Italy through paid advertising.As mentioned in an online publication, Ashini started it on Instagram as a fun side project inspired by 'The Originals', a fantasy supernatural American series. Later, it was turned to a professional brand backed by a few mysterious wealthy members, Ashini was one of them. So far, the brand has raised a total of US$345K in funding over 2 seed rounds from 6 investment organizations with Y Combinator as the lead investor, and made a revenue of US $1.35M in their very first year of online presence.
• Teachy — Teachy is a platform that doubles teachers time through artificial intelligence.

Portfolio highlights

• FeedVax — Transforming fish vaccines with a simple and profitable solution.
• Bioeutectics — Revolutionazing the solvents industry turning it into a natural, biodegradable and sustainable one.
• Tomorrow Foods — Producción de proteínas en base vegetal

Portfolio highlights

• Fidu — Fidu aims to develop a new operating system specifically for LatAm schools enabling institutions to digitally handle everything from finances to school-wide announcements
• Career Karma — Learn about bootcamps, ask questions and read reviews to find the best job training program for you. Connect with peers, coaches and mentors to accelerate your technology career.
• Wonderschool — Wonderschool is an end to end solution for family child care providers and centers. Wonderschool helps providers, families and state leaders to increase the health of the child care landscape on the ground.

Portfolio highlights

• Bacu — Bacu provides restaurant technology and offer a comfort food concept.
• Latú Seguros — We are a start-up focused on providing business insurance, on a mission to empower business owners to change the world.
• Fidu — Fidu aims to develop a new operating system specifically for LatAm schools enabling institutions to digitally handle everything from finances to school-wide announcements

Portfolio highlights

• Cofactr — Whether managing shortages today or planning for next year, Cofactr is the place to get all the parts you need, when you need them.
• Fanki — The Fanki platform brings together sports fans and sports organizations in an ecosystem where they can find a choice of products and services ranging from a digital wallet and a personalized Mastercard to loyalty programs. great perks and experiences.
• NUVIEW — Explore NUVIEW's LiDAR satellite technology, revolutionizing Earth observation with annual global mapping, unrivaled coverage, and cutting-edge data.

Portfolio highlights

• alfii — Alfii is a digital HR management solution for startups and SMEs. One place to manage employee data, payroll, and time off. Get started in minutes.
• FunnelStory — Revenue Data Platform for GTM Teams
• dope.security — No stopovers. No outages. Eliminate the datacenter and perform all security checks directly on the endpoint, providing stronger privacy, reliability, and performance speeds up to 4x faster.

Portfolio highlights

• Cheetrack — Bringing AI to your sales process to close faster and automatically. Check our video https://youtu.be/PNacP44M-WQ
• ComeS — With Supply Chain Software and Artificial Intelligence, we connect producers with bulk buyers to reduce their costs in sales and logistics, increase their sales revenue and make their products visible in new markets. We personalize the offer and achieve more conversions, obtain and manage data from stores and producers and generate an informationnetwork on available food.
• Snap Compliance — We are a RegTech SaaS. We facilitate access to Anti-Money Laundering Monitoring, Operational Risk Management and Compliance Systems Management through a centralized and collaborative platform available to everyone, we seek to positively impact 100,000 companies by 2030.

Portfolio highlights

• ECFX — ECFX develops innovative software that addresses unmet automation needs in the legal industry. Our first product, ECFX Notice, automates the downloading, profiling, storing, and distribution of court documents in ECF notices for both Federal and State courts. Electronic court documents are automatically downloaded and stored anywhere, includingthe firm DMS, client share folders, and practice group file repositories. Email notifications with the court documents attached are sent to all relevant attorneys, legal assistants, paralegals, and docketing clerks. Team members can choose to receive the documents in the format of their preference (PDFs, links to the documents in the firm DMS, or links to the documents in ECFX Cloud), and the email notifications can include internal firm data such as matter number and matter name. Administrators can also track a variety of electronic court filing activities using a powerful Analytics Dashboard.
• Doormat — Doormat is a real estate lawyer that combines legaltech and proptech by enhancing the property legal process with advanced technology solutions online to ease the real estate buying and selling process.
• The Contract Network — AI-powered collaborative contracting is an innovative approach to contract negotiation that emphasizes real-time collaboration, communication, and transparency.

Portfolio highlights

• Andrena — Andrena is a developer of an internet distribution platform designed to offer high-speed internet at reduced costs.The company works directly with internet providers who provide internet for universities, hospitals, financial services and other users with heavy data needs and leverage their existing fiber networks to deploy a series of antennas toblanket a geography with internet access, allowing customers and businesses to tap into a faster network wirelessly.
• Descope — Add passwordless authentication, user management, and authorization to your app with a few lines of code. Choose from our drag-and-drop workflows, SDKs, or APIs.
• Harmonya — The all-in-one AI-powered product data enrichment, categorization, and insights platform for CPGs and retailers

Portfolio highlights

• Metaloop — Metaloop is a scrap trading company that helps businesses from the metal recycling industry to boost revenue without scaling.
• Cardino — Cardino - Verkaufen Sie Ihr E-Auto digital zum besten Preis. Entdecken Sie die einfache und bequeme Art, Ihr Elektroauto online zu verkaufen.
• Beckley Waves — Beckley Waves funds, supports, and mentors the emerging leaders, entrepreneurs, and partnerships working to create the operational infrastructure of a global psychedelic ecosystem.

Portfolio highlights

• ACUA Ocean — The world's first hydrogen powered uncrewed surface vessel (H-USV) for ocean protection, data collection and monitoring.
• WaveX — WaveX is a consultancy for international enterprises that focuses on the development of commercial partnerships.
• Myriad Wind Energy Systems — Myriad wind energy systems is an early stage start up building high performance modular wind tubrines around the multi-rotor wind turbine concept.

Portfolio highlights

• Slik — Slik es la plataforma para medir, analizar y accionar la Experiencia y Compromiso del Empleado en tiempo real.
• Snap Compliance — We are a RegTech SaaS. We facilitate access to Anti-Money Laundering Monitoring, Operational Risk Management and Compliance Systems Management through a centralized and collaborative platform available to everyone, we seek to positively impact 100,000 companies by 2030.
• Wheel the World — Wheel the World is the leading solution for accessible travel to book accessible hotels and experiences with all the accessibility you need

Portfolio highlights

• Moova — Moova is a technological platform that captures idle last mile logistic capacity and transforms it into high efficiency and low cost shipping solutions. The platform connects E-Commerce and retail businesses with a fleet of "Moovers" who complete deliveries on their bicycle, motorcycle, car or van to generate an additional source ofincome. Through route optimization software, real-time traceability, flexible warehousing, and analytics, Moova is propelling the nascent E-Commerce industry in Latin America by reimagining the last mile for a sustainable world.
• Talently — Talently offers an intensive program that helps software developers get a better job in the technology industry, anywhere in the world. It is the accelerator of the careers of Latin American tech talent.
• MegaBite Food — MegaBite is a multibrand cloud kitchen restaurant that operates premium gastronomic brands and sells them at midrange prices to middle class of LATAM. We receive orders only through digital channels that integrated with our kitchen software and hardware and operate out of rented, ready to use dark-kitchens. Our modular growth model makes usultrascalable, like no other restaurant business model before: We can open a new kitchen with 10x to 20x less CAPEX and 6 to 9 times faster than a comparable traditional restaurant that can sell the same amount of orders. We currently operate in Mexico and Peru and have been growing at an average of 30% MoM in our 13 months since start of operations.

Portfolio highlights

• Hiiker — Find 1000s of the best backpacking and hiking adventures, with reviews, photos, and great places to stay.
• Legitify — Legitify is an AI powered solution using audio-video authentication that allows customers to notarize documents online remotely from anywhere, without the hassle of visiting a notary public in person.
• Dataships — Dataships uses top level data privacy software to help your brand, no matter your location.

Portfolio highlights

• YoFio — YoFio
• Koibanx — KOIBANX is a software company focused on Smart Contracts and Blockchain Services.Koibanx solutions cover a wide range of use cases defined by their Transparency, Security, LowCost and Efficiency of applying Blockchain technology.These new decentralized software solutions have the potential to disrupt several industries rangingfrommarketing rewards to financial inclusion, allowing a democratic access to new opportunities formillions of new consumers across the world.
• Wynwood House — Wynwood House offers a network of apartments and villas for short and long term stays, located in the best neighborhoods of the main cities in Latin America.

Portfolio highlights

• Nillion — The Secure Processing Layer of Web3
• The Unfettered — The Unfettered is a blockchain PC game.
• Cryption Network — Cryption Network is crypto company. Its can swap, farm, Invest and predict with cryption's unique and user-friendly DeFi 2.0 products. Bringing mass adoption to DeFi. PolyDEX is cryption's flagship product, which is completely gasless, instant, cross-chain AMM DEX with yield farming.

Portfolio highlights

• Unlockd — Maximize the return on your NFTs with cross-chain, instant loans while keeping their utility.
• Fluidity Money — Fluidity Money is the blockchain incentive platform that rewards with yields to people for using their crypto.
• Sandstorm — Sandstorm platform connects brands with the best metaverse builders.

Portfolio highlights

• ZKX — ZKX is a permissionless protocol for derivatives built on StarkNet.
• Euler — Euler Labs is a software development and risk management company.
• Carbon Based Lifeforms — Carbon Based Lifeforms is an indie video game studio in the heart of Scotland pioneering play-to-earn virtual worlds.

Portfolio highlights

• Spectral — A Protocol For Programmable Creditworthiness
• Decentral Games — We build games that reward you to play. Play, earn, and scale your own metaverse guild. ICE Poker beta is now live.

Portfolio highlights

• IYK — IYK inspires people to live in the moment by bridging immersive physical and digital experiences.
• ZTX — ZTX is a web-3 virtual world that supports communities and creators. ZTX is a blockchain project that jump crypto and ZEPETO, the largest avatar social network, have collaborated on.
• DRiP — Collectibles every week from your favorite creators. For free.

Portfolio highlights

• Yaysay — Yaysay is a first-of-its-kind shopping software that mixes AI-powered customization with gamification to enhance the off-price shopping experience.
• Plan A — Automate your company's ESG and carbon footprint reporting and reduce your emissions. Create decarbonisation plans plans based on data and science.
• Farther Finance — Everything we do is to help you grow and protect your wealth. We strive to expand your choices and remove obstacles to building the life you want to live.

Portfolio highlights

• Treinta — Treinta is a digital ledger app for Latin American microbusinesses. Through Treinta, users can easily record transactions by assigning products from their inventory and see how their business metrics evolve in real time. The app helps owners save up to 30 minutes a day in bookkeeping related tasks and improve efficiency by over 30%. Out of the 50million microbusinesses in LATAM, today 90% still track their sales and expenses by using pen and paper.
• Stack — A Stack gives ML datasets version control and collaboration. Simply, Gitlab for datasets.
• 10 Minute Squad — GoPuff for Korea. We deliver groceries in 10 minutes in Seoul through a networks ‘dark stores’.

Portfolio highlights

• Talently — Talently offers an intensive program that helps software developers get a better job in the technology industry, anywhere in the world. It is the accelerator of the careers of Latin American tech talent.
• Carryt — Carryt performs efficient last mile deliveries by empowering gig economy drivers with our route optimization technology and impact strategy.
• Syncfy — LATAM's leading financial API.

Portfolio highlights

• Fidu — Fidu aims to develop a new operating system specifically for LatAm schools enabling institutions to digitally handle everything from finances to school-wide announcements

Portfolio highlights

• Greenenergy — Greenenergy specialises in financing solutions that enable businesses to produce, store, and manage their own electrical energy.

Portfolio highlights

• DAOHQ — DAOHQ is the first marketplace for decentralized autonomous organizations.
• Fidu — Fidu aims to develop a new operating system specifically for LatAm schools enabling institutions to digitally handle everything from finances to school-wide announcements
• FLOKI Technologies — 1,536 Followers, 1,821 Following, 136 Posts - See Instagram photos and videos from FLOKI Compras (@floki_compras)

Portfolio highlights

• Morado. — Morado. is the next generation B2B marketplace for beauty shops.
• Fidu — Fidu aims to develop a new operating system specifically for LatAm schools enabling institutions to digitally handle everything from finances to school-wide announcements
• Bia Energy — Bia Energy engages in energy marketing.

Portfolio highlights

• InSyBio — A disruptor to Precision Medicine and Nutrition through biomarker discovery.
• ZestIOT — ZestIOT is an IoT & AI enabled aviation platform to integrate passenger, baggage, aircraft, ground & airport operations.
• Wellx — Turn your health into currency. At Wellx, we're focused on making you healthier. Insurance helps us make it happen.