HubLocal, a Brazil-based SaaS optimizing and managing business data across top online search and map platforms to enhance brand visibility, raised $700,000 in funding.
Investors
The round was led by Bossa Invest and GVAngels.
Bossa Invest is a Brazilian micro-venture capital firm that has invested in over 100 startups in Brazil at the angel and pre-seed rounds. It focuses on B2B companies with a SaaS and/or Mobile focus. Formerly known as BossaNova Investimentos, it was founded in 2011 and is based in São Paulo, Brazil.
Founded in 2017, GVAngels is an angel network based in São Paulo, Brazil.
HubLocal Use of Funds
The company will use the funds for cost optimization and market expansion.
About HubLocal
Founded in 2019 by Felipe Caezar and Rodrigo Coifman, HubLocal is a company that uses artificial intelligence and process automation to optimize the way small and medium-sized companies manage their location across the internet. They insert, optimize, and manage the company in the main lists, maps, and internet directories such as Google Maps, Facebook Places, Waze, Apple Maps, and several other local search engines.
Funding Details
Company: HubLocal
Raised: $700K
Round: Unknown
Funding Month: March 2024
Investors: Bossa Invest and GVAngels
Company Website: https://hublocal.com.br/
Software Category: Marketing
Source: https://latamlist.com/hublocal-raises-700k-for-cost-optimization-and-market-expansion/