BrandLovrs, a Sao Paulo, Brazil-based technology company that provides a marketing platform, has raised $6.6 million in funding.
Investors
The round was led by Kaszek, with participation from Canary.
Founded in 2011, Kaszek Ventures is a venture capital firm based in Sao Paulo, Brazil. The firm is industry and stage-agnostic, mainly investing in Seed, Series A, and Series B. In addition to capital, it provides first-hand expertise and insights into strategy, operational execution, team-building, growth, technology, product, networking, fundraising, and more. The firm prefers to invest in the software, healthcare devices, and supplies sectors.
BrandLovrs Use of Funds
The company will use the funding to enhance the algorithm and to develop new financial services, such as facilitating the billing of creators’ followers and offering credit to creators using accounts receivables.
About BrandLovrs
Founded in 2022, BrandLovrs provides a marketing platform that uses machine learning to match companies with creators and helps both to create and manage campaigns, handling everything from contracts to campaign metrics. BrandLovrs offers tools for building proprietary digital communities, automating campaign management from briefing to payment, and utilizing data-driven analytics to optimize marketing strategies. Based in Sao Paulo, Brazil, BrandLovrs has over 150,000 creators using the platform.
Funding Details
Company: BrandLovrs
Raised: $6.6M
Round: Unknown
Funding Month: April 2024
Lead Investors: Kaszek
Additional Investors: Canary
Company Website: https://www.brandlovrs.com/
Software Category: Marketing
Source: https://latamlist.com/brandlovrs-raises-6-6m-in-a-round-led-by-kaszek/