Innovation administration software program created in Espírito Santo receives funding of R$ 13.6 million

Among the more than 160 customers of hrtech AEVO are companies such as VALE, Nestlé, VIVO, Energisa

THE innovation is on the radar of large companies in Brazil and around the world. The challenge is to create and manage processes that stimulate new ideas within corporations. With that in mind, Luis Felipe Carvalho founded hrtech in 2017 AEVOinnovation management software that helps employees innovate daily in companies.

Through AEVO’s software, it is possible to make suggestions from employees from all areas of the company possible, categorize, evaluate, show ideas to managers and implement them.

“The ability to innovate can guarantee a more prosperous future for companies. And our product stands out for being a complete solution, delivering a simple and intuitive user experience”, highlights Luís Felipe Carvalho, CEO of AEVO.

Among AEVO’s more than 160 clients are companies such as VALE, Nestlé, VIVO, Energisa, among others. Today, more than 400 thousand employees are registered on the platform.

hrtech recorded a growth of 63% in 2021, earning BRL 6.2 million that year, according to Exame’s Business in Expansion ranking.

contribution

The startup created in Holy Spirit announces this Thursday, 6th, a new contribution of R$ 13.65 million, of which R$ 11 million from TM3 Capital, leader of the round and manager of FUNSES 1, linked to the Sovereign Fund of Espírito Santo. Another R$ 2.65 million belongs to KPTL, which is already a partner and is following the round. O investment could reach R$15 millionconsidering the scope of the stipulated.

The contribution will be used to expand the generating value for customers of the brand, from the launch of new products on the market.

“We want to increasingly consolidate AEVO as a reference in HRTech, based on a solution that contributes to improving the experience of employees in organizations, making them increasingly protagonists for the company’s growth”, says the CEO.

For Felipe Marcondes de Mattos, partner and Head of Venture Capital at TM3 Capital, what most caught AEVO’s attention during the selection process for the investment was the company’s history of growth since its foundation.

“In the Holy Spirit, few startups have as much impact as AEVO, with active and essential participation in the Innovation programs of large corporations in Brazil. Even with an expressive history of growth, there is still a lot of potential to be developed by it, I believe that this investment will be essential to boost its evolution even more”, says the executive.

Source: Exam