- Raised $3M Seed round led by XT Venture Capital, Dec 2020
- Raised $600k Pre-Seed round led by Encovox, Aug 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. The platform enables agribusinesses to manage their business and trade operations, including inventory, invoices, orders, and payments. It also operates as a digital infrastructure that allows financial institutions to access agribusiness data, reduce risk, and distribute financial services 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 building the financial super app for 2.5 million agricultural SMBs across Sub-Saharan Africa, unlocking access to capital, enabling efficient financial management, and providing essential tools for a deeper understanding of their business.
Funding history · 2 rounds · $3.6M total
Headcount over time
Q&A
- What is Avenews' primary business?
- Avenews is a fintech company that connects the financial and agricultural industries through a digital infrastructure for trade, business, and financial interactions, focusing on agribusiness management in emerging markets.
- When was Avenews founded?
- Avenews was founded in April 2017.
- How much total funding has Avenews raised to date?
- Avenews has raised a total of $3,640,000 in funding.
- When was Avenews' most recent funding round and who were the lead investors?
- Avenews' most recent funding round was a Seed round in January 2021, which raised $3,000,000. It was led by XT Venture Capital and Global Holding Group.
- How many employees does Avenews currently have?
- Avenews currently has 31 employees, falling within the 11-50 employee bucket.
- Who are the co-founders of Avenews?
- The co-founders of Avenews are Shalom Ben Or (Co-founder & CEO), Ishai Ben Or (Co-founder & CPO), and Ismail Kharoub (Co-founder & CTO).
- What is Avenews' primary sector classification?
- Avenews' primary sector classification is Fintech & Insurtech.
- What is the main purpose of Avenews' platform?
- Avenews' platform enables agribusinesses to manage their business and trade operations, including inventory, invoices, orders, and payments, while also providing financial institutions with access to agribusiness data to reduce risk and distribute financial services.
Team · 3
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 |
|---|
GitHub
| Top repos | datahub |
|---|
Web history (Wayback)
| Domain | avenews-gt.com |
|---|
Certificate / subdomain footprint
| Subdomains | 1 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515636520 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2017-03-27 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 1 |
| Registry events | 8 — other (1), shares_capital (2), violation (1), annual_report (3), charge (1) |
| Registered address | אינשטיין 40 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2025-11-23 | שינוי בתקנון |
| 2025-11-23 | הגדלה של הון רשום |
| 2026-01-21 | עדכון הפרה |
| 2026-01-21 | דו~ח שנתי-עדכון בעלי מניות |
| 2026-01-21 | דו~ח שנתי-הקצאת מניות |
| 2026-01-21 | דו~ח שנתי-עדכון בעל תפקיד |
| 2026-05-19 | הקצאת מניות |
| 2026-04-15 | רישום שעבוד |