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VAAS raises $3.7M in a round led by Headline

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Brazilian risk management startup VAAS raised a $3.7M round led by Headline. ABSeed and Honey Island also participated in the round.

VAAS provides a platform that integrates various data sources and automates compliance, credit, KYC/KYB, fraud prevention, and onboarding workflows. 

“The problem of fragmentation and low productivity in risk management is global. We identified this pain point and developed a unified solution, which today automates risk decisions, delivering productivity and intelligence to companies across various sectors,” said Gustavo Tremel, VAAS’s co-founder and CEO.

VAAS will use the funds to accelerate product development and enhance its platform.

Founded in 2022, VAAS serves over 30 clients in the finance, insurance, and energy sectors.

Read more on Startupi.

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Matheus is a lawyer and a strategy consultant in Brazil. He has always been passionate about crating impact, be it through law, projects, deals, or innovation: he’s practiced Law as an attorney at Baker McKenzie, worked as an experienced hire consultant at McKinsey & Company and helped on the development of an early-stage startup.

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