Tech Company Financing Transactions
Abstra Funding Round
Abstra, operating out of Rio de Janeiro, raised $2.3 million from SOFTBANK Latin America Ventures and private investors.
Transaction Overview
Company Name
Announced On
1/11/2022
Transaction Type
Venture Equity
Amount
$2,300,000
Round
Undisclosed
Investors
SOFTBANK Latin America Ventures (Lead Investor)
Proceeds Purpose
The startup plans to use the new capital primarily toward beefing up its current nine-person staff, particularly across its engineering, marketing, sales and operations teams.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Rio de Janeiro, Undisclosed
Brazil
Rio de Janeiro, Undisclosed
Brazil
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of software development platform designed to offer businesses a no-coding platform. The company's platform facilitates the creation of internal apps and websites without coding, through a graphical interface and offers solutions to operational problems, enabling businesses to get personalized applications to make their internal processes more efficient.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bruno Costa
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