# Radar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/radar-3

- Industry: Software
- Headquarters: Santiago, Chile
- Website: www.somosradar.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Apr 4, 2024)
- Investors on record: 4

## About

Based in Santiago, Chile, and founded in 2021 by Chief Executive Officer Herbert Schulz, Chief Technology Officer Gabriel Vilaboa, Chief Operating Officer Amanda Jacobson, and Chief Growth Officer Rafael Martinez, Radar operates as a fintech-based company providing treasury management services with a focus on collections, disbursement, and payment reconciliation. In April 2024, Radar raised USD 1.5 million in seed funding co-led by The Fintech Fund, Everywhere Ventures, Startup Istanbul, and Rhombuz VC. 

Radar provides a payment automation solution to simplify financial operations by automatic and money transfers. The company’s platform allows users to track through a customer portal with security of payments. It manages automatic payments and processing to secure transactions to meet the diverse needs of businesses. In addition, the firm provides application programming interface (API) for the financial industry. As of 2024, the company’s client base includes Airbnb, Deel, Upwork, Fiverr, Kwai, Viagogo, and GitHub.

## Funding rounds

- Seed, Apr 4, 2024, $1.5M — Istanbul Startup Angels, Everywhere Ventures, Rhombuz VC, The Fintech Fund

## Investors

- Istanbul Startup Angels (https://capitalatlas.ai/funds/istanbul-startup-angels) — Seed
- Everywhere Ventures (https://capitalatlas.ai/funds/everywhere-ventures) — Seed
- Rhombuz VC (https://capitalatlas.ai/funds/rhombuz-vc) — Seed
- The Fintech Fund (https://capitalatlas.ai/funds/the-fintech-fund) — Seed