- Raised $3M funding round, Jan 2021
- Raised $600k funding round, Sep 2017
About
Avenews developed a digital agribusiness management platform that creates an infrastructure for financial institutions to provide services to their agribusiness customers who operate across supply chains in emerging markets. On one hand, the platform enables agribusinesses to manage all their business and trade operations in one place including inventory, invoices, orders, and payments. On the other hand, the platform operates as a digital infrastructure that enables financial institutions to access agribusiness data that previously was out of reach, reduce risk, and distribute financial services to agribusinesses across the supply chain directly on the platform. Every interaction on the platform is stored in a verified and vetted asset on the Avenews blockchain, creating a digital economic identity for every agribusiness across the supply chain. Avenews is already working with Africa's largest banking groups to bridge their gaps with the agricultural industry and finance their agricultural business customers across the continent.
Funding history · 2 rounds · $3.6M total
Q&A
- What is Avenews' primary business activity?
- Avenews developed a digital agribusiness management platform that creates an infrastructure for financial institutions to provide services to their agribusiness customers who operate across supply chains in emerging markets.
- When was Avenews founded?
- Avenews was founded in April 2017.
- What is Avenews' total funding to date?
- Avenews has raised a total of $3,600,000 USD.
- When was Avenews' most recent funding round and who participated?
- Avenews' most recent funding round was in January 2021, with participation from XT Venture Capital.
- Who are the co-founders of Avenews?
- The co-founders of Avenews are Shalom Ben Or (CEO), Ishai Ben Or (CIPO), and Ismail Kharoub (CTO). Nimrod Dahan was also a co-founder but is no longer with the company.
- What is Avenews' primary sector?
- Avenews' primary sector is Fintech & Insurtech.
- Where is Avenews headquartered?
- Avenews is headquartered in Tel Aviv-Yafo, Israel.
Team · 4
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | avenews-gt.com/ |
|---|---|
| linkedin.com/company/10961166 | |
| facebook.com/AvenewsGT | |
| instagram.com/avenews_gt |
Identifiers & details
| Founded | 2017-4 |
|---|---|
| Employees (exact) | 31 |
Radar intelligence
Patents
| EPO | 1 |
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GitHub
| Top repos | datahub |
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Web history (Wayback)
| Domain | avenews-gt.com |
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Certificate / subdomain footprint
| Subdomains | 1 |
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