U.S. LAUNCH
Utilize Puerto Rico as a bridge between LatAm & U.S.
Facilitate U.S. launch via Puerto Rico subsidiaries of U.S. companies.
Morro Ventures
Fund I
MORRO VENTURES LATAM
Investing in early-stage tech companies with attractive growth and valuation dynamics
Our Vision & How We Execute
Investing in great tech companies across Latin America and the Caribbean
Booming LATAM Tech Deal Flow
Thousands of startups launched each year across the region.
Attractive Valuations
High demand matched by scarce supply for risk capital in Latin America.
The Puerto Rico Advantage
• Curated deal flow from accelerators
• Dual, co-existing LATAM & U.S. markets
• Skilled bilingual talent, grants, and incentives
• Supportive regulatory and tax environment
Active Portfolio Companies
Successful Early-Stage Tech Companies with Robust Growth Trajectories
WISBOO
End-to-end white-label online education platform
Wisboo is a cloud-based, white-label education platform that helps SMBs better monetize content through an expanded online student reach.
Lending Point
Consumer lending platform with AI-enabled credit risk model
LendingPoint targets near-prime customers with limited access to traditional financing, using machine learning for rapid loan approvals and low default rates.
Cumplo
Marketplace lender connecting SMB borrowers with retail investors
Cumplo provides SMB borrowers flexible financing such as invoice financing and adjustable loans, funded by retail and institutional investors.
Chattigo
Omni-channel customer service platform
Chattigo integrates with CRMs and chat tools, using AI to direct consumer traffic across communication channels and deploys bots for FAQs.
Andiago
Personalized discovery tool for experiential dining
Andiago connects diners to unique restaurant experiences worldwide, using geolocation and social insights for personalized recommendations.
Andeno
Consumer lender with data-driven underwriting
Andeno offers fully automated, low-cost loans in Puerto Rico, using alternative data sources for underwriting to expand credit access.
Occamz Razor
Computational biotech platform that mimics and analyzes neural processes
OccamzRazor leverages deep learning to simulate neural processes for AI system design and neurotherapeutics discovery, powered by a sophisticated data ingestion engine and its Panoramic AI model.
Runa
Payroll and HR automation solution for SMBs in Latin America
Runa is a web-based HR platform automating payroll, tax filings, and benefits. It reduces HR costs and improves retention through streamlined employee benefit management, scaling across Latin America.
Red Atlas
Ingestion, processing, and analytics platform for cadastral datasets
Red Atlas aggregates public and private land-based datasets to deliver comprehensive analytics for brokers, developers, REITs, and governments, bringing transparency to opaque real estate markets.
Kiwi Credit
Microlender and credit builder for underbanked Latin America
Kiwi Credit provides microloans to underbanked consumers, underwriting up to $500 using alternative data sources and reporting repayment to credit agencies to improve borrower credit scores.
Hyperion
Defi cash management platform for SMBs
Hyperion leverages Circle’s USDC stablecoin platform to provide fully-digital cash management for SMBs, offering transparent services for payments and debit cards while enabling blockchain access.
Leal
Consumer data and loyalty solution for merchants
Leal, based in Colombia and active across Central America, uses loyalty rewards and behavioral data to serve underbanked consumers, generating $1B+ GMV annually for merchants.
Wide Reach & Unique Deal Flow
Transforming Puerto Rico into a Tech Hub
Morro Ventures
Reaching 1,000s of Companies
Puerto Rico
Chile
Argentina
Colombia
Mexico
Brazil
Europe
U.S.
Other
Network & Local Presence
Puerto Rico
Local Presence
Chile
Accelerators + Co-investors
Argentina
Accelerators + Local Partners
Colombia
Portfolio Co.s + Co-investors
Mexico
Accelerators + Local Partners
Brazil
Local Partners + P18 Alumni
Europe
Co-investors + Contacts
U.S.
Accelerators + Investor Network
Partnerships with Puerto Rico’s Global Tech Accelerator Programs
Supporting and leveraging Accelerators in Puerto Rico
NETWORK
Mentor, customer, and strategic partner introductions
BEST PRACTICES
Financial tracking, go-to-market strategy, hiring, product development
GROWTH
Transformational growth in Puerto Rico and globally
DUE DILIGENCE
Opportunity to work with companies for 5+ months in Puerto Rico before committing capital
Adding Value Post-Investment
Capitalizing on Unique Opportunities world-wide while Leveraging Puerto Rico
ADVISE
Support and educate management on best practices and KPI achievement.
EXIT
Provide connections to potential acquirers.
Capitalize on exit window.
CROSS-BORDER EXPANSION
Leverage Advent-Morro’s experience, regional network, and portfolio companies in LatAm.
TEAM
Identify and recruit talent locally and globally.
INVESTMENT
Introduce companies to U.S. & LatAm follow-on investors.
Key Fund Terms
Morro Ventures Fund I
$20 Million
Advent-Morro as cornerstone investor