# Kravata

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kravata

- Industry: Software
- Headquarters: Bogota, Colombia
- Website: www.kravata.co/
- Total disclosed funding: $3.6M
- Latest round: Seed (Mar 7, 2024)
- Investors on record: 5

## About

Based in Bogota, Colombia, Kravata SAS operates as a cryptocurrency trading platform that offers currency conversions to stablecoins, cross-border payments, global accounts, and compliance. Felipe Montes (CEO) and Juliana Montes (COO) are the co-founders of the company. In March 2024, Kravata SAS raised USD 3.6 million in seed funding from Volt Capital, Framework Ventures, Circle Ventures, Magma Partners, and SIMMA Capital. 

The company ensures service integration, ensuring that business operations follow to legal rules while maintaining compliance and risk management standards. The firm's key service is its platform, which is designed to streamline transfers and reduce associated risks. Kravata facilitates security by incorporating contracts and risk management measures that protect both enterprises and their clients. In addition, the organization has advanced KYC/AML technology for real-time transactional monitoring and customer information, which ensures regulatory compliance. The firm's services include on/off ramps that speed up transactional processes and settlement times, as well as integration with local payment methods for improved accessibility and convenience.

The organization plans to use the March 2024 funding to expand its global footprint.

## Funding rounds

- Seed, Mar 7, 2024, $3.6M — Magma Partners, Framework Ventures, Volt Capital, SIMMA Capital, Circle Ventures

## Investors

- Magma Partners (https://capitalatlas.ai/funds/magma-partners) — Seed
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Seed
- Volt Capital (https://capitalatlas.ai/funds/volt-capital) — Seed
- SIMMA Capital (https://capitalatlas.ai/funds/simma-capital) — Seed
- Circle Ventures — Seed