# Niva Technologies

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

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.niva.co
- Total disclosed funding: $3.3M
- Latest round: Seed (Dec 20, 2023)
- Investors on record: 4

## About

Based in Delaware, US, Niva Technologies, Inc. operates as a provider of commercial services intended to build the future of global business. In December 2023, Niva Technologies raised approximately USD 3.23 million in Seed funding led by new investor Gradient Ventures, with participation from other new investors Picus Capital, Canary, and Gilgamesh Ventures. The company was co-founded by Abhinav Rai (CEO) and Akhil Naini (CTO).

Niva Technologies offers a verifying business onboarding platform. It helps increase application conversion rates with features like pre-filled applications and instant document validation on upload. The platform also reduces the average application processing time from days to less than 10 minutes while increasing compliance and anti-fraud standards, and it identifies sophisticated fraud patterns by analyzing a 360-degree view on each business. Furthermore, Niva Technologies' AI agents capture information from public and private data sources, including government registries, company websites, social media, third-party reviews and ratings, and local news outlets. Niva is SOC-2 Type 1 compliant.

The company mainly generates revenue through a Business-to-Business model.

## Funding rounds

- Seed, Dec 20, 2023, $3.3M — Picus Capital, Canary, Gradient Ventures, Gilgamesh Ventures

## Investors

- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed
- Canary (https://capitalatlas.ai/funds/canary) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed
- Gilgamesh Ventures (https://capitalatlas.ai/funds/gilgamesh-ventures) — Seed