# Floki Technologies Ltda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/floki-technologies-ltda

- Industry: Software
- Headquarters: Sao Paulo, Brazil
- Website: www.flokitech.com.br
- Total disclosed funding: $10M
- Latest round: Seed (Apr 20, 2022)
- Investors on record: 4

## About

Floki Technologies Ltda offers innovative technology solutions to enhance productivity in various sectors, focusing on software and hardware products aimed at streamlining operations and optimizing resource management.Founded in 2020 in Sao Paulo, Brazil, Floki Technologies Ltda specializes in technology solutions that aim to improve business productivity. The company has completed two deals, with its most recent funding round being a Seed round that raised BRL 50 million on April 20, 2022, co-led by NFX and Valor Capital Group, with participation from Latitud and returning investor Iporanga Ventures. The founders, Alexis Semirdjian and Kevin Van Der Wiel, have laid a solid foundation for the company, which focuses on the South American market.Floki Technologies Ltda specializes in innovative technology solutions designed to enhance productivity across various sectors. Their core offerings include software and hardware products that streamline business operations, optimize resource management, and improve overall efficiency for their clients. The company addresses common challenges faced by businesses, such as operational inefficiencies and data management issues, with solutions tailored for small to medium-sized enterprises (SMEs) in sectors like retail, logistics, and manufacturing. Primarily distributed in the South American market, Flokitech's products provide essential tools for local businesses to thrive in a competitive landscape.Floki Technologies Ltda generates revenue through a combination of direct sales and subscription-based models, ensuring a steady income stream while fostering long-term client relationships. The company engages in B2B transactions, primarily selling flagship software and hardware solutions to businesses seeking to enhance their operations. Clients typically enter into agreements for both one-time purchases and ongoing service subscriptions, which may include regular software updates and customer support. Pricing structures accommodate various business sizes, with tiered plans that cater to the unique needs of each organization, ensuring flexibility and scalability.Floki Technologies Ltda is focused on expanding its product offerings and geographical reach following their most recent Seed funding round of BRL 50 million raised in April 2022. The funds will support the development of new products aimed at addressing emerging market needs and enhancing existing solutions. The company is looking to expand its operations into neighboring South American countries, targeting markets like Argentina and Chile by the end of 2023. These initiatives aim to bolster Floki's presence in the region and create additional revenue streams.

## Funding rounds

- Seed, Apr 20, 2022, $10M — Valor Capital Group, NFX, Iporanga Ventures, Latitud

## Investors

- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Seed
- NFX (https://capitalatlas.ai/funds/nfx) — Seed
- Iporanga Ventures (https://capitalatlas.ai/funds/iporanga-ventures) — Seed
- Latitud (https://capitalatlas.ai/funds/latitud) — Seed