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Key people at Morro Ventures.
Morro Ventures operates as an institutional early-stage venture capital firm, specializing in technology companies across emerging markets, particularly Latin America and the Caribbean. The firm provides capital and strategic partnership, guiding founders from initial ideas through Series A funding. They prioritize building enduring relationships with ambitious entrepreneurs.
Established in 2018, Morro Ventures was founded on the insight that emerging markets possess significant potential for technological leadership. Partners Cyril Meduna, Allison Kern, and Stephanie Pemberton lead the firm, leveraging their extensive experience in private equity, fund management, and entrepreneurship within the region.
Morro Ventures serves technology ventures and founders primarily operating in Latin America and the Caribbean. The firm's vision is to enable these companies to achieve global prominence, transforming local innovation into international success and fostering new industry leaders.
Key people at Morro Ventures.
Morro Ventures has 4 tracked investments across 4 companies. The latest tracked deal is $5.0M Seed in BackChannel in March 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2026 | BackChannel | $5.0M Seed | Sunna Ventures, Luisa Sucre | Amee Parbhoo, Norte Ventures, Positive Ventures, Preface Ventures, Savia Ventures, Seaya Cathay Latam |
| Jan 1, 2024 | Leal | $5.0M Series B | Leap Global Partners, Rakuten Capital | Alumni Ventures, G20 Ventures, NextView Ventures, OWL Ventures, Seven Seven SIX, Sound Ventures, Spero Ventures, Webb Investment Network, Y Combinator, Eric Ries, Farzad Nazem, Osama Bedier, SAM Altman, Salkantay Ventures |
| Nov 1, 2023 | Moonflow | $700K Seed | — | Magma Partners, Mucker Capital, Amador Holdings, Salkantay Ventures |
| Jun 1, 2023 | Olé life | $12.0M Series A | AV8 Ventures, Mundi Ventures | — |
Morro Ventures is an early-stage venture capital firm headquartered in Puerto Rico, focused on investing in Seed and Series A technology startups across Latin America and the United States. The firm’s mission centers on empowering visionary founders and disruptive tech companies that leverage Puerto Rico as a strategic platform for cross-border growth. Morro Ventures targets regionally scalable technology companies with annual recurring revenues (ARR) between $250K and $750K, emphasizing sustainable growth and innovation. By fostering entrepreneurship and leveraging Puerto Rico’s unique incentives, the firm aims to cultivate a vibrant startup ecosystem that drives long-term impact and industry transformation[1][2][3].
Founded in 2018, Morro Ventures was established to fill a gap in institutional early-stage venture capital in Puerto Rico and the broader Latin American region. The firm was co-founded by Cyril Meduña, who serves as Managing Partner, alongside other key partners including Allison Kern and Jose Tomás Echeverria. The founding vision was to create a fund that not only provides capital but also strategic support to startups that can scale regionally and internationally by utilizing Puerto Rico’s geographic and economic advantages. Over time, Morro Ventures has evolved to focus on technology companies that demonstrate strong early revenue traction and potential for cross-border expansion[1][4][5].
Morro Ventures rides the growing trend of Latin American technology startups gaining global attention and investment. The timing is critical as Latin America’s digital economy expands rapidly, and Puerto Rico emerges as a strategic hub due to its unique tax incentives and proximity to the U.S. market. By focusing on companies that can scale regionally and leverage cross-border synergies, Morro Ventures positions itself at the intersection of emerging market innovation and global expansion. This approach not only supports the growth of startups but also contributes to the maturation of the Latin American tech ecosystem, fostering greater connectivity and capital flow between the Americas[1][2][5].
Looking ahead, Morro Ventures is poised to deepen its influence by continuing to back high-potential startups that capitalize on Puerto Rico’s strategic advantages. Trends such as increased digital adoption in Latin America, cross-border commerce, and the rise of SaaS and fintech companies will likely shape their investment focus. As the firm scales its portfolio and strengthens its operational support, Morro Ventures could become a key catalyst for transforming Puerto Rico into a leading innovation hub bridging Latin America and the U.S. Their long-term partnership model suggests sustained engagement with founders, potentially leading to more successful exits and a stronger regional venture capital ecosystem[1][3][4].
