Mexico-based 20m Series Anthemis Startupsann
Mexican startup, Azevedotechcrunch, has recently secured a $20 million Series A investment from Anthemis Startups . The company specializes in creating custom software solutions for businesses, and was founded in 2017 by Rodrigo Azevedo, who has over 20 years of experience in the tech industry . With this new funding, Azevedotechcrunch plans to expand its operations in Mexico City and other major cities across the country .
The Company’s Services and Products
Azevedotechcrunch’s primary focus is on developing custom software solutions for businesses. The company works with clients across a range of industries, including finance, healthcare, and e-commerce. Its services include software development, web development, mobile app development, and cloud computing solutions .
One of the company’s flagship products is a machine learning platform that helps businesses automate their processes and make better decisions based on data analysis. The platform uses advanced algorithms to analyze large datasets and provide insights that can help businesses optimize their operations and improve their bottom line .
The Funding Round and Investors
The $20 million Series A funding round was led by Anthemis Startups, a venture capital firm that specializes in investing in fintech startups. Other investors in the round included 500 Startups, Expa, and ALLVP . The funding will be used to expand Azevedotechcrunch’s operations and develop new products .
The Mexican Startup Scene
Mexico’s startup scene has been growing rapidly in recent years, with a number of successful companies emerging in industries such as fintech, e-commerce, and healthcare. The country’s proximity to the United States, as well as its large and growing population, make it an attractive market for investors looking to tap into the Latin American market .
One of the key factors driving the growth of Mexico’s startup scene is the government’s support for entrepreneurship. The Mexican government has implemented a number of policies aimed at promoting innovation and supporting startups, including tax incentives, funding programs, and regulatory reforms .
Azevedotechcrunch’s recent $20 million Series A investment is a testament to the strength of Mexico’s startup scene and the potential for growth in the country’s tech industry. With its focus on developing custom software solutions for businesses and its innovative machine learning platform, Azevedotechcrunch is well-positioned to capitalize on the growing demand for tech services in Mexico and beyond.