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CTA Smart secures US$ 3M investment led by Invisto and Indicator Capital for international expansion

PRIVATEJul 19, 2024

Amount Raised

$3 Million

Round Type

Venture

Porto AlegreSoftwareFleet Management

Investors

Indicator CapitalInvisto

Description

CTA Smart, a leading technology company in the fuel sector, has secured a US$ 3 million investment in a new funding round to boost its international growth. Led by Invisto and Indicator Capital, this investment will support CTA Smart's expansion into the American market and lay the groundwork for global outreach. CTA Smart's consistent financial and commercial growth, particularly in North America, influenced the investment decision. The company's operational strength is shown by its active fueling points, exceeding 3,000 in Brazil and over 400 in the United States over the past 18 months.

Quick answer

CTA Smart raised $3 Million in a funding round, dated July 19, 2024. Investors: Indicator Capital and Invisto. CTA Smart is based in Porto Alegre, Rio Grande do Sul, Brazil.

How much did CTA Smart raise?
CTA Smart raised $3 Million in a funding round on July 19, 2024.
Who invested in CTA Smart?
Indicator Capital and Invisto are named as investors in this round.
What does CTA Smart do?
CTA Smart, also known as Link2Pump, is a technology company specializing in fuel management, fleet management, and supply control.
Where is CTA Smart based and how big is it?
CTA Smart is based in Porto Alegre, Rio Grande do Sul, Brazil. Fundz records about 17 employees.
Who are the decision-makers at CTA Smart?
Fundz holds 1 contact at CTA Smart. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fleet Management and Software around the same time

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

  • VSIM Technology Ltd raised $1M (Seed) on August 30, 2024.
  • Evo raised $3.3M on August 30, 2024.
  • Assetbird raised $2.7M (Seed) on August 30, 2024.
  • TransTRACK raised $12M (Series A) on August 30, 2024.
  • Cypher Games raised $8.8M on August 30, 2024.
  • Doorloop raised $52M on August 30, 2024.

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Company Information

Company

CTA Smart

Location

Porto Alegre, Rio Grande do Sul, Brazil

About

CTA Smart, also known as Link2Pump, is a technology company specializing in fuel management, fleet management, and supply control. The company provides intelligent systems technology for fleet fueling and operates on a Software as a Service (SaaS) model. CTA Smart's solutions help reduce waste and deviations, lowering operational costs while enhancing productivity, profitability, and competitiveness.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.