# Vemm

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

- Industry: Software
- Headquarters: Sao Paulo, Brazil
- Website: www.zipia.com.br
- Latest round: Seed (May 10, 2021)
- Investors on record: 2

## About

Vemm LLC, through its platform Zipia, provides specialized services in the insurance and finance sectors, focusing on effective solutions for both individuals and businesses in financial planning and risk management.Vemm LLC, founded in 2020, operates in Sao Paulo, Brazil, offering insurance and financial services. The company has undergone strategic pivots since its inception, focusing on adapting its offerings to meet market demands. The founder, Daniel Possa, has a background in finance and has previously been involved in numerous ventures. The latest funding round occurred on March 9, 2022, during which Vemm LLC raised BRL 6.3 million from investors including Astella Investimentos and 500 Global. This funding has allowed the company to enhance its digital marketing platform, reflecting its commitment to growth within the industry. Since inception, Vemm LLC has completed 2 deals.Zipia Tecnologia LTDA specializes in insurance brokerage, financial advisory, and risk management services. The company targets pain points related to securing coverage and optimizing financial resources for individuals and small to medium-sized enterprises. Their products are marketed across Southeast Asia, Latin America, and selected European markets, ensuring a wide reach to various demographic segments.Vemm LLC generates revenue through a structured model involving fees from both B2B and direct-to-consumer transactions. Clients engaging in insurance brokerage services pay commission-based fees, while businesses may subscribe to advisory services for a retainer fee. This model allows the company to align its revenue with client satisfaction and retention without disclosing specific pricing plans for individual services.Following its recent funding of BRL 6.3 million on March 9, 2022, Vemm LLC plans to further enhance its digital marketing platform functionalities. The company aims to introduce new product offerings designed to meet evolving customer needs while targeting expansion into new geographic regions, particularly in Latin America and Southeast Asia, to diversify its market presence. This funding will support the development and marketing of these upcoming services, indicating a proactive approach to growth in the competitive financial services landscape.

## Funding rounds

- Seed, May 10, 2021 — 500 Global, Canary

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Canary (https://capitalatlas.ai/funds/canary) — Seed