Avra
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Avra - overview
Established
2024
Location
Curitiba, Parana, Brazil
Primary Industry
Financial Services
About
Based in Brazil, and founded in 2024, Bloom Technology Ltd. , trading under the name Avra, operates as a financial technology company that offers an artificial intelligence-based software-as-a-service for small businesses to access financial products and other related transactions. In July 2024, Avra raised USD 2 million in seed funding led by Maya Capital, with participation from Norte Ventures and Sequoia Capital Global Equities. Avra offers AI-powered solutions for B2B companies to turn the data into useful insights, helping them increase sales and lower risks.
The firm's AI model helps businesses understand customer behavior, assess credit risks with real-time scores, and target the right audiences. Avra also improves predictions and forecasts Customer Lifetime Value (LTV), helping companies focus on the most valuable customers. The company's solutions grow with the business and ensure secure data management with encryption. Avra’s goal is to make credit more accessible, reduce risks, and boost profits for businesses.
The company plans to use the July 2024 funding to expand its AI product offerings to help SMEs increase sales and improve the credit risk analysis.
Current Investors
Sequoia, Maya Capital, Norte Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software, Analytics & Performance Software
Website
www.avra.com.br/
Verticals
Artificial Intelligence, Big Data, FinTech
Company Stage
Angel & Seed
Total Amount Raised
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