Avenews Overview
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.
Cumulative Funding Raised Over Time ($)
Latest News
| Sector | Fintech & Insurtech |
Funding
| Total funding | $3.6M |
| Last funding | $3M |
| Stage | Seed |
| Rounds | 2 |
| Investors | 3 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.avenews-gt.com/ |
Locations
Yehuda ha-Levi Street 48, Tel Aviv-Yafo, Israel
Photos & Videos
1 item(s)
Avenews Business
Sector
Agriculture & Food TechnologiesAg TechFood TechFood Trade & ServicesFintech & InsurtechMoney Transfer & ManagementTarget Customer
Financial ServicesFinancial InstitutionsFood Retail & ConsumptionWholesaleCore Technology
Platforms & InterfacesSoftwareTags (16)
retailersmanagement-solutionsfarmerssmallholder-farmsshippingbankspostharvestfinancial-institutionssupply-chainecommerceagtechfarm-to-consumerfood-and-beveragelogisticsblockchainagribusinessGeographic Markets
AfricaArgentinaGlobalAvenews Financials
Cumulative Funding Raised Over Time ($)
Private Equity Funding
Avenews Lifecycle
Cumulative Funding Raised Over Time
All Events
Avenews News
9 articlesAvenews Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 31 |
| Team members | 4 |
Similar Companies
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This entity has 12 classification IDs that could be used for matching.
Avenews Internal
Recent Updates
No update log entries.
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515636520 |
| Crunchbase | avenews-gt |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wain@gmail.com |
| Last update | 2021-03-09T00:00:00.000Z |
| Created | 2017-03-31T00:00:00.000Z |
| Claimed | Yes |