Vaas raises $5M to automate management of structured debt

Money with a tree

Vaas raised $5M in a seed round led by Andreessen Horowitz (a16z), Nazca, Maya Capital, and Latitud. Marathon Ventures and other angel investors also participated in the round.

“Our goal is to make the process of managing structured debt more efficient and transparent for everyone involved, unlocking opportunities for entrepreneurs and lenders across Latin America,” said Valentina Valencia, founder and CEO of Vaas.

Vaas is a debt management platform that automates the process of managing structured debt, making it more efficient and transparent. The company has a team of 32 people, including former employees of Globant, Mercado Libre, and Rappi.

With this investment, Vaas plans to automate phases of the process of managing structured debt in companies, focusing on fintech companies that access credits of millions of dollars.

Read more on Forbes Colombia.

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