Quavo
Latest round
- Series A
Last raised
- Oct 2021
Total raised
- $6.6M
Investors
- 1
About Quavo
Quavo Inc.Founded in 2015 in Wilmington, US, Quavo Inc. provides solutions for managing fraud disputes.Quavo’s primary offerings center around its advanced dispute management solutions, particularly the QFD® (Quavo Fraud Detection) platform, designed to streamline and automate the complex processes involved in handling fraud claims and disputes for financial institutions. This platform provides real-time updates, facilitates faster resolution of disputes, and ensures compliance with regulatory requirements, thereby enhancing trust between financial institutions and their customers. Additionally, Quavo offers the DRE™ (Dispute Resolution Experts) service, which complements its software solutions by delivering expert support in managing disputes effectively. Quavo's client base primarily includes issuing banks, credit unions, fintech companies, and payment processors, serving markets across the United States and expanding into regions that require robust fraud management and customer service enhancements.Quavo's revenue model is structured around partnerships and subscriptions with financial institutions that utilize its QFD® platform and associated services. Clients typically enter into subscription agreements for access to the software, which includes ongoing support and updates. These partnerships involve transaction-based pricing, wherein institutions benefit from the platform’s automation and dispute management capabilities, thereby reducing operational costs and improving efficiency. The pricing structure for these services is designed to be competitive within the industry, reflecting the value provided through increased customer satisfaction and reduced fraud-related losses.In October 2021, Quavo Inc. The company plans to introduce new products aimed at improving its offerings, although specific release dates have yet to be disclosed. Additionally, Quavo is looking to expand into new geographical markets that demand robust fraud management solutions, with particular focus on growth in underserved regions by the end of 2023.
Who invested in Quavo
1 investor across 1 round
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Funding rounds
Series A
Oct 15, 2021
Amount
$6.6M
Investors
Questions about Quavo
Who invested in Quavo?
Quavo has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Quavo raised?
Quavo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Quavo last raise money?
Quavo's most recent round on record is a Series A, in Oct 2021.
What does Quavo do?
Quavo is a software company.
Where is Quavo headquartered?
Quavo is headquartered in Wilmington, US.
Which VCs invest in companies like Quavo?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Quavo's stage. Their profiles are linked below.
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