Tech Company Financing Transactions
Justos Funding Round
On 10/26/2021, Justos received $35.8 million in Series A funding from Ribbit Capital, big_bets and GGV Capital.
Transaction Overview
Company Name
Announced On
10/26/2021
Transaction Type
Venture Equity
Amount
$35,800,000
Round
Series A
Investors
Ribbit Capital (Lead Investor) (Nick Shalek)
private investors (Carlos Ottati)
private investors (David Velez)
Proceeds Purpose
Justos plans to use artificial intelligence and computerized vision to analyze and process claims more quickly and machine learning for image analysis and to create bots that help accelerate claims processing.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
R. Cláudio Soares, 72 - Pinheiros
São Paulo, 05422-030
Brazil
São Paulo, 05422-030
Brazil
Phone
Website
Email Address
Not Recorded
Overview
Justos is a fair, smart and more humane insurance startup for all people who want to feel safer but don't have their cars insured or aren't clear about their current insurance. We use technology and design to keep drivers safe with a product that is easy to understand, quick to reimburse for any incidentals, and fair because it translates conscientious driving into better prices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dhaval Chadha
Chief Scientific Officer
Antonio Molins
Chief Technical Officer
Jorge Moreno
Browse more venture capital transactions:
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