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Advolve raised $1.5M in pre-seed funding led by Valor Capital and Lanx Capital to expand operations and team of employees.

PRIVATEMar 28, 2024

Amount Raised

$1.5 Million

Round Type

Pre-Seed

Sao PauloSoftwareArtificial Intelligence

Investors

Felipe OlivaVeredas PartnersVerve CapitalGuilherme RodriguesHugh StrangeKiki SimonsenMarcelo FerronatoMarcello VasconcellosMira CapitalOzden OrderRoberto GrossmanValor CapitalLanx Capital

Description

Brazilian company Advolve raised USD1.5M in pre-seed funding. The round was led by Valor Capital and Lanx Capital, with participation from Verve Capital and Veredas Partners, as well as angel investors. The company intends to use the funds to expand its operations and team of employees.

Quick answer

Advolve.ai raised $1.5 Million in a Pre-Seed round, dated March 28, 2024. Investors: Felipe Oliva, Veredas Partners, Verve Capital, Guilherme Rodrigues, Hugh Strange, Kiki Simonsen, Marcelo Ferronato and Marcello Vasconcellos. Advolve.ai is based in Sao Paulo, Sao Paulo, Brazil.

How much did Advolve.ai raise?
Advolve.ai raised $1.5 Million in a Pre-Seed round on March 28, 2024.
Who invested in Advolve.ai?
Felipe Oliva, Veredas Partners, Verve Capital, Guilherme Rodrigues, Hugh Strange, Kiki Simonsen, Marcelo Ferronato and Marcello Vasconcellos are named as investors in this round.
What does Advolve.ai do?
Advolve provides an AI and Machine Learning powered digital marketing platform for companies to increase gains at scale, speed and conversion.
Where is Advolve.ai based and how big is it?
Advolve.ai is based in Sao Paulo, Sao Paulo, Brazil.
Who are the decision-makers at Advolve.ai?
Fundz holds 1 contact at Advolve.ai. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Advolve.ai that raised within 45 days of this round, from Fundz verified event records.

  • Aira Technologies raised $18M on May 8, 2024.
  • Greenboard raised $4.5M (Seed) on May 8, 2024.
  • XTEND raised $40M (Series B) on May 8, 2024.
  • Espresso AI raised $11M (Seed) on May 7, 2024.
  • Daloopa raised $18M (Series B) on May 7, 2024.
  • Rad AI raised $50M (Series B) on May 7, 2024.

Who to call at Advolve.ai, and when

A new round usually means Advolve.ai is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Advolve.ai raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Advolve.ai

Location

Sao Paulo, Sao Paulo, Brazil

About

Advolve provides an AI and Machine Learning powered digital marketing platform for companies to increase gains at scale, speed and conversion. The system automates the entire digital marketing process using artificial intelligence and machine learning, from creation to attribution – all based on data and tests.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Advolve.ai raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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