Mexican fintech Aviva raised $5.5M in a seed round led by Credicorp’s VC arm Krealo to enhance its product and grow its kiosk network.
Aug 08, 2024•over 1 year ago
Amount Raised
$5.5 Million
Round Type
seed
Investors
Magna500 GlobalNewtopiaWollefDcgRainforest CapitalCarao VenturesIgnia PartnersCredicorp’s Vc Arm Krealo
Description
Aviva raised a $5.5M seed round with investments from various notable venture capital firms. The company aims to use the funds to enhance its product and expand its kiosk network, reaching 50 cities in Mexico by year-end.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers