Year 7: 400+ Startups Supported and Counting!

Since 2015, parallel18 is on a mission to nurture Puerto Rico’s ecosystem by providing funding, mentorship, business connections and investment opportunities to underrepresented founders from around the globe.

As part of the Puerto Rico Science, Technology and Research Trust (PRSTRT), we’ve reached and proudly supported 452 early-stage companies on their path towards scalability and success in emerging markets. Each startup alumni has received unparalleled resources that propel their journey and strengths their innovative solutions.

More than ever, parallel18 stands as a referrer of innovation– an entrepreneurial hub where investors land, entrepreneurs meet, and emerging and fully developed markets link up.

Our 7th Impact Report is a testament to the latest achievements of parallel18, highlighting all the cohorts that participated in our programs during 2023 (P18 Gen. 11, pre18 Gen. 5, and Xpand Gen. 2 and 3). A total of 61 local and international startups were part of our programs last year.

This report also includes cumulative data of all our startup alumni and initiatives that have been ongoing since parallel18’s inception.

We invite you to read all the hard work that delivered staggering results last year!