Caricaco Ventures Unveils CV2 Fund Focused on AI and Software Startups in Central America

As the regional startup ecosystem continues to gain momentum through initiatives such as the Caricaco Summit, Caricaco Ventures officially announced the launch of CV2, a new investment vehicle focused on founders connected to Central America and the Dominican Republic (CA and RD) who are building global companies.

The launch marks a new chapter for the firm, which began its journey in 2015 as an academy and incubator before evolving into an active investment firm in 2021. With CV2, Caricaco Ventures aims to strengthen the region’s position within the global venture capital landscape while supporting founders from the earliest stages of growth.

A growing track record across the region

For years, Central America remained largely overlooked by global venture capital investors. However, Caricaco Ventures believes the region’s entrepreneurs only needed stronger support systems and access to capital to unlock their potential.

The firm’s portfolio performance has become a key argument behind the launch of CV2. To date, Caricaco Ventures has backed 27 companies across six countries, while portfolio startups have collectively generated more than 450 jobs.

In addition, startups within its portfolio reached US$29 million in sales during 2025. According to the firm, 95% of the companies in the region that have successfully raised venture capital have been part of the Caricaco Ventures ecosystem.

“We believe Central America can change the world. Our experience with the portfolio has shown us that we have the talent, the hunger, and the ambition to build companies that will shape the future of the region,” said Rodrigo Villalta, Managing Director of Caricaco Ventures.

He added that the firm’s mission is to support founders during the earliest stages of their journey and that “today is the best time to build startups in the region.”

CV2 aims to become the “first check” for founders

Through CV2, Caricaco Ventures plans to position itself as the “first check” for entrepreneurs connected to Central America, regardless of where they are currently building their companies.

The firm also announced that it has doubled its investment ticket sizes, which will now start at US$200,000.

The new fund is specifically designed for two founder profiles:

• Entrepreneurs originally from Central America who are operating startups anywhere in the world.
• Founders of any nationality whose companies maintain headquarters or significant operations in Central America.

Focused on software and AI-native startups

Caricaco Ventures will continue investing under a thesis centered on scalable software businesses and founder-driven execution.

The firm stated that CV2 will focus exclusively on 100% software and AI-native startups that already have a minimum viable product (MVP) in the market.

In addition to technology, Caricaco Ventures is prioritizing teams with complementary and diverse skill sets that are tackling globally scalable problems.

The investment strategy is also rooted in the belief that globally competitive startups can emerge from Central America and the Dominican Republic.

Building one of the region’s largest founder communities

Beyond capital deployment, Caricaco Ventures has positioned itself as one of the most active startup communities in the region.

Through initiatives such as its weekly newsletter, the Caricaco Summit, its Academy, and the podcast “Capitanes,” the firm has developed an ecosystem designed to support founders with education, visibility, and access to networks.

With the launch of CV2, Caricaco Ventures reaffirmed its belief that startups can become a key driver of economic and social development across Central America and the Dominican Republic.

Founders interested in applying for investment through CV2 can do so via Caricaco Ventures official website.