Avenida

InternetSeries CBuenos Aires, Argentinaavenida.com.ar

Latest round

Series C

Last raised

Nov 2015

Total raised

$33M

Investors

5

About Avenida

Founded in 2013 and headquartered in Buenos Aires, Argentina, Avenida focuses on developing custom marketplace solutions primarily for financial institutions. The company has undergone business strategy pivots to enhance its service offerings. The firm has completed a total of 4 significant deals, establishing a strong foothold in the market.Avenida offers avenida+, a fully integrated, white-label multi-store, multi-seller e-commerce platform that includes embedded finance, insurtech, catalog management, payments, and logistics. This solution allows financial institutions to streamline operations and improve customer experiences, focusing on both B2B and B2C clients across Latin America.Avenida generates revenue through a combination of subscription fees, partnership agreements, and transaction-based models. Their marketplace solutions enable financial institutions to monetize services via embedded finance features, facilitating product sales through a wide network of sellers and buyers. The company is focusing on launching new features aimed at improving user experience and facilitating transactions. Additionally, Avenida is exploring opportunities to expand into other Latin American markets by 2025, aiming to replicate its success in Argentina.

Who invested in Avenida

5 investors across 2 rounds

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Funding rounds

  1. Series C

    Nov 20, 2015

    Amount

    $30M

    Investors

    Locked

  2. Series A

    Dec 9, 2013

    Amount

    $3M

    Investors

    Locked

Questions about Avenida

Who invested in Avenida?

Avenida has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Avenida raised?

Avenida has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Avenida last raise money?

Avenida's most recent round on record is a Series C, in Nov 2015.

What does Avenida do?

Founded in 2013 and headquartered in Buenos Aires, Argentina, Avenida focuses on developing custom marketplace solutions primarily for financial institutions.

Where is Avenida headquartered?

Avenida is headquartered in Buenos Aires, Argentina.

Which VCs invest in companies like Avenida?

Among active investors with capital left to deploy, Crescera Capital, Apex Group, Kaszek Ventures and TMF Group back internet companies at Avenida's stage. Their profiles are linked below.

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