Xertica
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Xertica - overview
Established
2016
Location
San Francisco, CA, US
Primary Industry
Software
About
Xertica is a technology firm specializing in artificial intelligence solutions that drive digital transformation in various sectors across Latin America, focusing on enhancing urban development, education, and operational efficiencies. Xertica, founded in 2016 in San Francisco, US, delivers AI-driven solutions for smart urban projects, justice access, and education modernization. The company raised USD 6. 5 mn in Series A funding on February 20, 2018, led by Dalus Capital, along with investors EMTV and Endeavor Catalyst.
The company was co-founded by Andrés Cifuentes, Javier Llanos, and Lorenzo Reyes, with Orlando Solís serving as CEO. Xertica. ai specializes in innovative artificial intelligence solutions that promote digital transformation in Latin America. Their offerings include AI tools for data analysis, customer engagement, and operational optimization, tailored to sectors like healthcare, insurance, retail, and finance.
The company serves clients such as government entities, educational institutions, and businesses across Brazil, Argentina, Chile, Colombia, Ecuador, Mexico, and the United States, focusing on scalable solutions to tackle social challenges and promote sustainability. Xertica. ai generates revenue through partnerships, B2B transactions, and managed service agreements. Their model includes subscription-based services for AI platforms, customized for sectors like healthcare and legal automation.
Clients select tailored packages involving recurring payments, facilitating ongoing access and support. The flagship offerings, centered on data intelligence and generative AI, help clients improve productivity and operational efficiency, creating reliable revenue streams. Following the Series A financing, Xertica plans to further enhance its product offerings, focusing on new AI applications and tools designed for education and urban development. The company aims to expand into additional markets in Latin America by 2024, specifically targeting Peru and Bolivia.
The recent funding will support product development and market entry initiatives, ensuring that Xertica can scale its solutions effectively while addressing regional challenges.
Current Investors
Endeavor Catalyst, Dalus Capital, EMTV
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.xertica.com
Verticals
Cloud Computing
Company Stage
Series A
Total Amount Raised
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