Investor Type | Firm |
Type of Fund | VC |
Industries | Software (Web Marketplace Saas..) • Businesses Solutions • Consumer |
Stages | Pre-Seed, Seed, Series A |
Investing | United States • Mexico • Argentina • Brazil • Colombia • Latin America • Chile |
Investment Range | $50,000 - $1,000,000 |
Investment Sweet Spot | $250,000 |
Assets Under Management | $99,000,000 |
Morro Ventures is a venture capital firm that specializes in early-stage investments, focusing on technology companies across Latin America. They are particularly interested in startups that operate or can use Puerto Rico as a platform for cross-border growth. With $99 million in assets under management, Morro Ventures is Puerto Rico's first institutional venture capital firm dedicated to this niche. They target regionally scalable tech companies, specifically those with existing Annual Recurring Revenue (ARR) of between $250k and $750k. By investing predominantly in Software, Web Marketplace, SaaS, and Business Solutions sectors, they aim to connect continents through entrepreneurship. Morro Ventures' investment approach includes Pre-Seed, Seed, and Series A stages, with a broad investment range of $50,000 to $1,000,000, and a sweet spot investment value of around $250,000. They adopt a comprehensive investment process that starts with contact and communication through their website, followed by a review to ensure alignment between the fund's mission and the company's vision, and then proceeds with building relationships as they believe in investing in people, not just companies. Morro Ventures sees Puerto Rico as a land of opportunity with modern infrastructure, which includes a new energy grid that opens possibilities for innovation. The firm acknowledges the tax benefits available to both companies and investors in Puerto Rico, the prestige of having American Made products, and the cost competitiveness due to the region's lower average wage. Their goal is to support the entrepreneurial ecosystem in Puerto Rico and connect Latin American companies to broader markets.
We invest in technology companies across Latin America, particularly those that operate in or can leverage Puerto Rico as a platform for cross-border growth. The fund targets regionally scalable tech companies with existing ARR between $250k and $750k.