# KOR Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kor-solutions

- Industry: Software
- Headquarters: Sao Paulo, Brazil
- Website: www.kor.solutions
- Total disclosed funding: $0.7M
- Latest round: Seed (Sep 6, 2022)
- Investors on record: 4

## About

Based in Sao Paulo, Brazil, and founded in 2020 by its CEO Victor Aracaty, and co-founders Matheus Góis and Roberto Villas Boas, KOR Sistemas, Assessoria Administrativa E Tecnologica Ltda. operates as a lawtech firm specializing in conflict resolution through the intelligent use of data. In September 2022, KOR Solutions raised BRL 3.5 million in seed funding from Anjos do Brasil, with participation from Gávea Angels, GVAngels, and Urca Angels. As of October, the company has already dealt with more than 200 thousand conflicts between companies and consumers, judicial and extrajudicial, and serves 25  companies.

KOR Solutions offers an automated trading platform that captures new judicial and extrajudicial processes and claims distributed against the company; automates registration processes in the company's management system; analysis the object causing the complaint by OCR, to verify the feasibility of an agreement; monitor management information; and  track management information. KOR's Quitei optimize the entire negotiation in cases of credit recovery, through the use of artificial intelligence and basic financial education, in addition to helping the defaulter to resolve the debt.

The company plans to use the seed funding to incorporate artificial intelligence into legal proceedings.

## Funding rounds

- Seed, Sep 6, 2022, $0.7M — GVAngels, Anjos do Brasil, Gávea Angels, Urca Angels

## Investors

- GVAngels (https://capitalatlas.ai/funds/gvangels) — Seed
- Anjos do Brasil (https://capitalatlas.ai/funds/anjos-do-brasil) — Seed
- Gávea Angels (https://capitalatlas.ai/funds/gavea-angels) — Seed
- Urca Angels (https://capitalatlas.ai/funds/urca-angels) — Seed
