How much funding has Aravita raised?

Aravita has raised $2.5M in total funding, most recently a Seed round.

Who are Aravita's investors?

Aravita's investors include Qualcomm Ventures, 17Sigma.

Where is Aravita headquartered?

Aravita is headquartered in São Paulo, Brazil.

What industry is Aravita in?

Aravita operates in Artificial Intelligence, SaaS.

Aravita

São Paulo, Brazil · $2.5M raised

Artificial Intelligence

SaaS

Headquarters: São Paulo
Employees: 11–50
Business Model: B2B
Website: aravita.com

Total Funding: $2.5M
Last Round: $2.5M SeedMar 2023
Rounds: 1

About

Aravita is a Brazilian FoodTech startup that provides an AI-powered fresh food ordering and waste reduction platform built exclusively for supermarkets and distributors. The platform uses machine learning to forecast demand for perishables by factoring in climate, seasonality, shelf life, and promotions, enabling retailers to reduce stock-outs and spoilage simultaneously. Backed by Qualcomm Ventures and 17Sigma, Aravita has delivered documented results of 30% fewer stock-outs and 25% less waste with 5x ROI in the first year for retail network clients including ST Marché and Amigão.

Summary

Aravita is an Artificial Intelligence company based in São Paulo, Brazil. It has raised $2.5M in total across 1 round, most recently a $2.5M Seed round in Mar 2023. Investors include Qualcomm Ventures and 17Sigma.