# Biware Consulting

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/biware-consulting

- Industry: Software
- Headquarters: Argentina
- Website: www.biwares.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Sep 30, 2021)
- Investors on record: 2

## About

Biware Consulting specializes in IT consulting and digital transformation, delivering advanced technological solutions that enhance business performance and operational efficiency.Founded in 2004, Biware Consulting operates in Argentina, focusing on IT consulting and digital transformation services. The company is led by founder Walid Kaâbachi, who has a history of previous ventures. Biware raised USD 3.50 mn in a Seed funding round in September 2021, with investments from CDC Gestion and Zitouna Capital, bringing the total amount raised to USD 3.50 mn.Biware specializes in IT consulting and digital transformation, offering a comprehensive suite of services powered by advanced technologies. Their core products include tailored AI solutions that enhance organizational performance, improve financial management, and enable business intelligence through effective data analysis. The company serves a diverse client base across sectors like telecommunications, energy, and banking, with notable projects in Argentina, Colombia, and Peru. Their innovations aim to optimize operational efficiency and improve customer engagement, fostering growth for their clients.Biware generates revenue through a structured approach that includes direct consulting services, technology solutions, and partnerships with large organizations. Their business model is primarily B2B, involving long-term contracts and project-based engagements tailored to client needs. Revenue streams include consulting fees, technology implementation costs, and ongoing service agreements. Specific offerings, such as AI-driven failure prediction models and hyperpersonalization tools, contribute significantly to their financial performance, allowing for repeat business and sustained client relationships.Biware Consulting plans to utilize its recent Seed funding to expand its team to one hundred engineers and establish three branches across Africa and Europe by 2025. The funding, raised in September 2021, will support the development of new products, including enhanced AI solutions designed for diverse industries. The targeted geographic regions for expansion include key markets in Europe and Africa, aligning with their strategy to broaden their international footprint.

## Funding rounds

- Seed, Sep 30, 2021, $0.4M — CDC Gestion, Zitouna Capital

## Investors

- CDC Gestion — Seed
- Zitouna Capital (https://capitalatlas.ai/funds/zitouna-capital) — Seed