# Nomo

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

- Industry: Telecoms
- Headquarters: Sao Paulo, Brazil
- Website: www.nomo.com.br
- Total disclosed funding: $2.6M
- Latest round: Seed (Nov 11, 2021)
- Investors on record: 2

## About

Nomo is a digital telecommunications company providing mobile services through its fully digital platform, focusing on flexibility and user autonomy in mobile connectivity.Founded in 2021, Nomo is based in Sao Paulo, Brazil, and operates as a digital telecommunications service provider. The company was co-founded by Gabriel Lima, Henrique Garrido, and Marcos Augusto, with Henrique Garrido serving as the CEO. Nomo raised BRL 14 million in Seed funding in November 2021, led by Iporanga Ventures with participation from Norte Ventures, bringing its total funding raised to BRL 14 million.Nomo offers a range of mobile services via its digital platform, providing subscription plans with internet data, unlimited calls, and WhatsApp messaging. It features both physical SIM cards and eSIM technology, catering to tech-savvy users who prefer contract-free options. Nomo utilizes multiple networks including Algar and TIM to ensure extensive coverage and reliable connectivity throughout Brazil, appealing to customers who value transparent pricing and excellent support.Nomo primarily generates revenue through subscription-based models, offering various pricing plans that include options for 12GB, 20GB, and 30GB of internet data. Customers can manage their accounts and complete transactions directly through the Nomo app, which also allows for easy plan selection and payments. Revenue is derived from direct-to-consumer subscriptions paid with credit cards, facilitating a straightforward billing process.In November 2021, Nomo secured BRL 14 million in Seed funding to invest in technology and product development, as well as marketing initiatives. The company aims to expand its market presence by targeting new geographic regions within Brazil, with plans to release new product offerings designed to enhance customer experience. This funding will support the advancements in their services and broaden their customer base in the competitive telecommunications sector.

## Funding rounds

- Seed, Nov 11, 2021, $2.6M — Iporanga Ventures, Norte Ventures

## Investors

- Iporanga Ventures (https://capitalatlas.ai/funds/iporanga-ventures) — Seed
- Norte Ventures (https://capitalatlas.ai/funds/norte-ventures) — Seed