Angel investors backing San Jose startups in 2026

13 June 2026·5 min read

Costa Rica's angel scene is small and new. For years, cheques came from accelerators and a few founders. Its first angel network launched in May 2026. Here are 9 angels backing San Jose startups in 2026.

For years, Costa Rica had few formal angels, and the early-stage scene stayed young and thin. Most of the first cheques came from accelerators rather than a deep bench of private backers.

Carao filled part of that gap by running its own angel club for members. That club became one of the most active in the region, even as the wider market lagged.

In 2026 a real angel network finally launched, and the scene is leveling up fast. You will pitch both these networks and individual angels, and Ellty keeps all of your data behind one trackable link.

TypeCheck sizeSector focusWebsite
Costa Rica AngelsAngel network (new in 2026)~US$5K-$20K per dealAI, fintech, deep techparquetec.org
Carao Ventures Investor ClubAngel syndicateAngel ticketsSoftware, biotech, fintech, AIcaraov.com
ParqueTec / InvertUpAccelerator + seed fundUnder US$50K (angel)Scalable early-stage techparquetec.org
CaricacoAccelerator + seed VCSeed-stageAgtech, health, enterprisecaricaco.com
AUGE-UCRUniversity incubatorSeed grants, incubationTech, generalistAUGE-UCR on LinkedIn
Pomona ImpactImpact fund (angel origin, GT)Angel to seedAgri, digital, basic servicespomonaimpact.com
500 GlobalAccelerator + fund (US)~US$300KGeneralist tech500.co
Marcelo LebendikerAngel network leaderAngel ticketsEarly-stage techMarcelo Lebendiker on LinkedIn
Allan BoruchowiczFounder-angelAngel ticketsSoftware, fintech, biotechAllan Boruchowicz on LinkedIn

Pitch every angel from one link

Angels move fast and back the team. Ellty shows who opened your deck so you follow up first.

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What an angel investor backs

An angel bets on you and the team long before the numbers are proven. Early traction helps a lot, but they are really buying conviction in the founders.

They write small, fast cheques and often join the cap table before any VC does. That speed is the whole point, so they value clarity over a polished growth story.

A clear story wins the room, and you have to show why now and why you. Spell out the problem, the wedge, and the reason this moment matters.

Ellty gives each angel one trackable link to your materials. You see exactly who opens your deck and how far they read.

May 2026
Costa Rica Angels launched
The country's first angel network
16.8%
CR startup ecosystem growth 2025
Ranked 73rd in the world
~US$11M
CR total startup funding
A small early-stage market
40+
Members in Carao's angel club
One of LatAm's most active
The opportunity today is not just to invest in startups, but to build a community of investors that is connected, informed, and aligned with global standards.
Marcelo Lebendiker, President of ParqueTec, San Jose, 2026

9 San Jose angel investors

1. Costa Rica Angels

The country's first formal angel network.

Recent Activity: Launched May 2026, Costa Rica's first

Sector Focus: AI, fintech, deep tech

Stage Focus: Pre-seed, seed

Check Size: ~US$5K-$20K per deal

Location: San Jose, Costa Rica

Website: parquetec.org

2. Carao Ventures Investor Club

Carao's angel club is a LatAm leader.

Recent Activity: One of LatAm's most active angel clubs

LinkedIn: Carao Ventures LinkedIn

Sector Focus: Software, biotech, fintech, AI

Stage Focus: Seed

Check Size: Angel tickets

Location: San Jose, Costa Rica

Website: caraov.com

3. ParqueTec / InvertUp

ParqueTec runs an accelerator and seed fund.

Recent Activity: Runs Costa Rica Angels; 9-startup fund

LinkedIn: ParqueTec LinkedIn

Sector Focus: Scalable early-stage tech

Stage Focus: Pre-seed, seed

Check Size: Under US$50K (angel)

Location: San Jose, Costa Rica

Website: parquetec.org

4. Caricaco

Caricaco backs Central American founders.

Recent Activity: Partnered with Newtopia and Carao

Sector Focus: Agtech, health, enterprise

Stage Focus: Seed

Check Size: Seed-stage

Location: Escazu, Costa Rica

Website: caricaco.com

5. AUGE-UCR

AUGE incubates and gives early grants.

Recent Activity: A Costa Rica Angels deal-flow partner

Sector Focus: Tech, generalist

Stage Focus: Pre-seed, seed

Check Size: Seed grants, incubation

Location: San Jose, Costa Rica

Website: AUGE-UCR on LinkedIn

Give each angel one trackable link

Ellty logs when an angel opens your deck. Chase the keen ones first, not days too late.

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6. Pomona Impact

Pomona began as a 2011 angel group.

Recent Activity: Started as a 2011 angel group

LinkedIn: Pomona Impact LinkedIn

Sector Focus: Agri, digital, basic services

Stage Focus: Early stage

Check Size: Angel to seed

Location: Antigua, Guatemala

Website: pomonaimpact.com

7. 500 Global

500 Global backs early LatAm startups.

Recent Activity: Fund IV targets Costa Rica

Sector Focus: Generalist tech

Stage Focus: Pre-seed, seed

Check Size: ~US$300K

Location: San Francisco, USA

Website: 500.co

8. Marcelo Lebendiker

He leads Costa Rica's new angel network.

Recent Activity: Leads Costa Rica Angels and ParqueTec

Sector Focus: Early-stage tech

Stage Focus: Pre-seed, seed

Check Size: Angel tickets

Location: San Jose, Costa Rica

Website: Marcelo Lebendiker on LinkedIn

9. Allan Boruchowicz

Carao's co-founder built its angel club.

Recent Activity: Built Carao's angel syndicate

Sector Focus: Software, fintech, biotech

Stage Focus: Seed

Check Size: Angel tickets

Location: San Jose, Costa Rica

Website: Allan Boruchowicz on LinkedIn

Why the scene is small

Costa Rica still lacks deep pools of venture money, so relatively few angels write cheques. The early-stage market is genuinely thin compared with larger hubs in the region.

That picture is changing through 2026, and a real angel network now exists on the ground. New structure means more deal flow and more visible backers for founders.

The smart move is to build ties well before you raise, not the week you start. See our healthtech investors guide too for an adjacent map of capital.

Ellty shows who actually studies your deck once you do go out. Track every open in one place so no warm lead goes cold.

How accelerators help

Accelerators back the earliest steps in Costa Rica, and ParqueTec and Caricaco lead that work. For many founders, a program is the realistic first cheque before any angel commits.

They give cash and mentors in roughly equal measure. Many also open the door to angel contacts who trust the program's screening.

Use a program to build momentum and proof points others can see. Keep your fundraising tight so the story stays sharp through demo day.

Share docs with secure file sharing rather than loose attachments. Ellty logs every view so you know which mentors and angels engaged.

Raising angel money in San Jose

Map the networks, individual angels, and programs that fit your stage. Then line up warm intros, since cold outreach rarely lands with angels here.

Keep angels posted with regular updates even before they commit. Trust builds over time, and steady progress is its own pitch.

Lock files with a password so sensitive numbers stay private. Control exactly who sees the data and when they lose access.

Ellty stores every doc in one data room you can share in a click. It is built for startups raising now, not enterprises with a legal team.

How to pitch an angel investor

Lead with you and the team.

  1. 1.
    Lead with you and the team.
    Angels back people first, so open with why this team wins. Point to early traction that proves you can execute.
  2. 2.
    Tell a clear, sharp story.
    Spell out the problem, your wedge, and the size of the prize. Make it obvious why now and why you are the ones to do it.
  3. 3.
    Name your raise and runway.
    State exactly how much you want and what it buys. Keep the ask tight and tie it to clear milestones.
  4. 4.
    Send one Ellty link to your deck.
    Share a single trackable link instead of email attachments. See who digs in so you can follow up at the right moment.

How Ellty helps you land an angel investor in San Jose

You have your San Jose angel list ready. Set up a data room first.

  1. 1.
    Upload your deck and key metrics.
    Set access per angel.
    Upload file in data room
  2. 2.
    Share one trackable link each.
    Every angel gets a unique link.
    Set permissions data room
  3. 3.
    Watch opens and reply on time.
    Use analytics to time each nudge.
    Analytics data room
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San Jose angel investor questions

Who angel-invests in Costa Rica?
Accelerators and a few angels. A new network too.
Is the angel scene big?
No, it is small but growing. A network launched in 2026.
How big are angel cheques?
Often US$5K to US$50K. Pooled deals go higher.
What is Costa Rica Angels?
The country's first angel network. It launched in May 2026.
Do accelerators invest?
Yes, ParqueTec and Caricaco do. They add angel contacts.
When should I set up an Ellty data room?
Before your first angel call. Track who opens your deck.

Author

Internal team behind the product.

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