# Tarken Software ltda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tarken-software-ltda

- Industry: Software
- Headquarters: Minas Gerais, Brazil
- Website: www.tarken.com.br
- Total disclosed funding: $3.5M
- Latest round: Seed (Oct 28, 2021)
- Investors on record: 2

## About

Tarken Software Ltd is a Brazilian company that provides an integrated financial ecosystem specifically designed for the agricultural sector, enhancing credit decision quality and operational efficiency.Tarken Software Ltd, founded in 2021 in Minas Gerais, Brazil, specializes in financial solutions tailored for agriculture. The company raised USD 3.500 mn in a Seed funding round, led by Maya Capital and Monashees Capital, bringing its total funding to USD 3.500 mn. The founder's background is not specified, nor are there any known subsidiaries or pivots in business strategy.Tarken specializes in providing an integrated financial ecosystem tailored for the agricultural sector in Brazil. The company’s core product offerings include an advanced credit platform that enables businesses to implement robust credit policies while conducting a comprehensive analysis of vast data sources. This solution significantly enhances the quality of credit decisions, potentially reducing default rates by 1 to 2 percentage points. Tarken’s platform is designed for a diverse clientele, including agricultural producers, distributors, and cooperatives, implementing over R$6 billion in approved credit monthly. Their services extend beyond credit analysis, providing integrated support for collateral management, enabling a seamless transition from credit approval to formalization, ensuring efficient operational workflows. The geographical markets served encompass all regions of Brazil, targeting both established players and emerging businesses within the agricultural industry.Tarken's revenue model is primarily driven by transaction-based fees associated with their credit and financial integration services. The company facilitates transactions in a B2B environment, where agricultural producers and associated businesses engage with the platform for credit approvals and operational support. Through partnerships with various agricultural stakeholders, Tarken provides customized credit solutions that align with the unique needs of each client. The platform operates on a subscription basis, where clients can access different tiers of service depending on their requirements for credit analytics and management. Revenue is generated through transaction fees linked to the volume of credit approved and managed via the platform, reflecting the company's commitment to delivering value through enhanced financial decision-making and operational efficiency.Tarken plans to leverage recent funding from Mandi Ventures to expand its offerings and geographic reach. Upcoming products designed to enhance its platform are in development, with specific launch dates to be announced. The company aims to enter new markets within Brazil, focusing on underserved regions by the end of 2024. The funding will support these initiatives, enabling Tarken to enhance its technology infrastructure and product capabilities.

## Funding rounds

- Seed, Oct 28, 2021, $3.5M — Monashees, Maya Capital

## Investors

- Monashees (https://capitalatlas.ai/funds/monashees) — Seed
- Maya Capital — Seed