About Morro Ventures
Morro Ventures is a venture capital firm founded in 2018. It is primarily based out of San Juan, Puerto Rico. As of Mar 2026, Morro Ventures is an active investor, having invested in 15 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in Argentina based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and FinTech. Most recently it participated in the $***** Seed round of BackChannel A lot of funds co-invest with Morro Ventures, with names like Salkantay Ventures sharing a substantial percentage of its portfolio. Morro Ventures has team of 5 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Soonicorns
Deals in last 12 months
Morro Ventures' List of Top Investments
Morro Ventures has a portfolio of 15 companies. Their most notable investments are in Toteat and Retorna.Their portfolio spans across United States, Chile, Puerto Rico and 3 more locations. They have invested in Enterprise Applications, Consumer, FinTech and 9 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Morro Ventures:_1580723833028.png?format=webp&height=120&width=120)
1. LendingPoint
Personal loans provider offering financial solutions with proprietary technology and AI. The company provides unsecured personal loans to consumers, leveraging advanced algorithms and data models to offer access to credit. They aim to create frictionless access to money, offering personalized solutions to meet unique financial needs. The company uses technology to paint a more complete picture of applicants, unlocking loan solutions. They offer various types of loans, including debt consolidation, home improvement, emergency, medical, online, and vacation loans. The company is committed to driving a better lending and borrowing experience by finding more reasons to say "yes." They also offer a mobile app for managing finances and monitoring credit scores. The company uses AI and data models to evaluate credit worthiness and provide access to fair credit. They are expanding their business through e-commerce platform integrations and commercial finance product development, introducing "qualify today, buy anywhere" technology. The website offers options to apply, login, check rates, and access a knowledge center.
Key facts about LendingPoint
- Founded Year: 2014
- Location: Atlanta (United States)
- Stage: Series B
- Total Funding till date: $325M
- Employee Count: 228 as on May 31, 2026
- Investors: MidCap Financial, Apollo Investment Corporation and 5 Others
- Latest Funding Round: Series B, Nov 17, 2025, $*****
- Highlight: Editors' Pick
App-based platform for credit builder loans. It offers a platform that enables users to obtain financing options with customized terms, amounts, and repayment options that facilitates credit building by repaying the loans periodically. The application is available on Android and iOS platforms.
Key facts about Kiwi Financial
- Founded Year: 2020
- Location: Puerto Rico (Argentina)
- Stage: Series A
- Total Funding till date: $14.8M
- Employee Count: 98 as on May 31, 2026
- Investors: Community Investment Management, Invariantes Fund and 7 Others
- Latest Funding Round: Venture Debt, Nov 12, 2025, $*****
- Highlight: Editors' Pick

3. Olé life
Life insurance solution for consumers. Enables to choose coverage and term for the policy, the cost of which is established upon contracting and remains the same for the entire coverage period. Offering protection and well-being products and services for a certain period.
Key facts about Olé life
- Founded Year: 2016
- Location: San Juan (Puerto Rico)
- Stage: Series B
- Total Funding till date: $25M
- Employee Count: 130 as on May 31, 2026
- Investors: Mundi Ventures, PayPal Ventures and 3 Others
- Latest Funding Round: Series B, Jan 20, 2025, $*****
- Highlight: Editors' Pick

4. Leal
Platform offering rewards to customers for shopping at partner businesses. The platform enables brands to create an exclusive loyalty program for the brand, build and manage customer databases, send digital marketing campaigns effectively to the customers, and reward the customer for shopping. Users need to upload the invoices of products in the app to receive cashback.
Key facts about Leal
- Founded Year: 2016
- Location: Bogota (Colombia)
- Stage: Series B
- Total Funding till date: $20.5M
- Employee Count: 299 as on May 31, 2026
- Investors: IDC Ventures, Rakuten and 8 Others
- Latest Funding Round: Series B, Jan 30, 2024, $*****
- Highlight: Editors' Pick
5. Toteat
All-in-one restaurant software optimizing operations, enhancing customer experience, and driving growth. It provides technological solutions to automate tasks, reduce errors, and improve service. The platform offers features like digital QR menus, integrated POS, KDS, self-service kiosks, order management, CRM tools, analytics, inventory management, and electronic invoicing. It integrates with various apps, connecting tools to boost sales. The software caters to diverse restaurant types, including dark kitchens, bars, and fast-food establishments, offering tailored solutions for each. It centralizes delivery orders and payment methods, synchronizes menus across platforms, and provides consolidated reporting. The cloud-based infrastructure ensures security, performance, and scalability. This SaaS platform aims to improve the gastronomic experience for all, offering an intuitive interface accessible from anywhere, with personalized implementation and continuous support.
Key facts about Toteat
- Founded Year: 2013
- Location: Santiago (Chile)
- Stage: Series B
- Total Funding till date: $10.9M
- Employee Count: 161 as on May 31, 2026
- Investors: RiverPark Ventures, Advent Morro Equity Partners and 2 Others
- Latest Funding Round: Series B, Sep 03, 2025, $*****
- Highlight: Editors' Pick
Morro Ventures' Year-on-Year Investment Trends
Morro Ventures has invested in 15 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 2 investments, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in BackChannel and most recent follow-on round was in moonflow.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 0 | 2 |
2024 | 2 | 1 | 3 |
2023 | 2 | 0 | 2 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 1 | 0 | 1 |
Morro Ventures' Investments by Stage
Morro Ventures has made 4 investments in Seed stage with an average round size of $1.95M, 2 investments in Series A stage with an average round size of $9.9M and 2 investments in Series B stage with an average round size of $6.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 2 |
Series B | 2 |
Note: We have considered here, only first round of investments
Morro Ventures' Investments by Sector
Morro Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, Artificial Intelligence - Industry Applications and Consumer. Notably, it has invested in 15 Tech companies, 9 Enterprise (B2B) companies, 7 Software companies and at least 6 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
FinTech | 4 |
Vertical SaaS | 2 |
Artificial Intelligence - Industry Applications | 1 |
Consumer | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Morro Ventures' Investments by Geography
Morro Ventures has made most investments in Argentina (2), followed by Chile where it has made 2 investments.Country | No. of Investments |
|---|---|
Argentina | 2 |
Chile | 2 |
Brazil | 1 |
Colombia | 1 |
Puerto Rico | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Morro Ventures' recent investments
Morro Ventures has made 1 investments in 2026 so far - BackChannel.Here are the most recent investments by Morro Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 24, 2026 | Brazil | Seed | 3584 | [+7] | |
Sep 03, 2025 | Chile | Series B | 3205 | ||
Jun 09, 2025 | Argentina | Series A | 2324 | ||
Jul 02, 2024 | Chile | Seed | 8729 | [+1] | |
Jun 17, 2024 | United States | Seed | 1757 | [+2] |
Team profile of Morro Ventures
Morro Ventures has a team of 5 members located in Puerto Rico. Morro Ventures' team does not sit on the board of any company as of now.Co-investors of Morro Ventures
Over the past 6 years, 37 investors have co-invested in Morro Ventures's portfolio companies. This includes funds and angels.
- Invested before Morro Ventures: Advent Morro Equity Partners, Altio and 7 others have invested in rounds before Morro Ventures. There is 1 company where Advent Morro Equity Partners has invested before Morro Ventures and 1 company where Altio has invested before Morro Ventures.
- Top Co-investors of Morro Ventures: 24 investors entered a company along with Morro Ventures. These include investors like Salkantay Ventures (2 companies).
- Invested after Morro Ventures: A total of 4 investors have invested in Morro Ventures's portfolio after their investments. Top Investors include Community Investment Management (1 company), PayPal Ventures (1 company) and Advent Morro Equity Partners (1 company).
Recent News related to Morro Ventures
•
BackChannel raises $4.8M seed round led by Sunna VenturesLatamList•Mar 24, 2026•BackChannel, Sunna, Norte Ventures, Accion and 4 others
•
•
Fintech Retorna raises US$ 1.2 million in investment round and positions itself in remittance sendingamericaeconomia.com•Jul 02, 2024•Retorna, Impacta VC, Amplifica Capital, Morro Ventures
•
Moonflow raises $1.74M in seed roundLatamList•Jun 18, 2024•moonflow, TheVentureCity, Salkantay Ventures, Amador and 1 other
•
Leal Secures $5M for AI-Enhanced Retail Tech in Latin AmericaContxto•Jan 31, 2024•Leap Global Partners, Rakuten Capital, Morro Ventures, Salkantay Ventures and 3 others
•
Moonflow closes Pre-Seed round for US$700 thousandTekios•Dec 06, 2023•moonflow, Salkantay Ventures, Magma Partners, Amador and 1 other
•
Moonflow raises $700K in Pre-Seed round for debt collection automationLatamList•Nov 30, 2023•moonflow, Magma Partners, Salkantay Ventures, Amador and 1 other
•
