# Samba Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/samba-tech

- Industry: Software
- Headquarters: Nova Lima, Brazil
- Website: www.sambatech.com.br
- Total disclosed funding: $3M
- Latest round: Series A (Jun 1, 2008)
- Investors on record: 2

## About

Samba Tech SA is a Brazilian company that specializes in AI-driven solutions, primarily through its flagship product, SambAI, which automates various operational tasks across diverse industries.Founded in 2004 in Nova Lima, Brazil, Samba Tech SA focuses on developing AI solutions for multiple sectors. The company has engaged in three investment deals, with the latest Series A funding round occurring on August 31, 2021. Gustavo Caetano, the founder, has played a pivotal role in establishing the company, while Mateus Magno currently serves as CEO.Samba Tech SA specializes in the development and deployment of AI-driven solutions via its flagship product, SambAI. This suite includes virtual tutoring systems, automated customer service agents, and predictive maintenance tools, targeting sectors like education, retail, finance, human resources, and manufacturing. SambAI's offerings are designed to enhance operational efficiency and data-driven decision-making for businesses in North America, Europe, and Latin America.In 2017, Samba Tech SA reported a revenue of USD 5,924,006.50, alongside an EBITDA of USD -561,251.40, showcasing their financial performance for that year.Samba Tech SA plans to leverage its recent Series A funding of USD 3.00 mn for product development and market expansion. The company aims to introduce new features to SambAI and is targeting expansion into new markets across North America and Europe by 2023. Additionally, they are focused on enhancing their service offerings to better meet the needs of educational and retail clients, further driving adoption of their AI solutions.

## Funding rounds

- Series A, Jun 1, 2008, $3M — Draper Fisher Jurvetson, FIR Capital

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A
- FIR Capital (https://capitalatlas.ai/funds/fir-capital) — Series A