Datanomik
Datanomik is a technology company.
Financial History
Datanomik has raised $6.0M across 1 funding round.
Frequently Asked Questions
How much funding has Datanomik raised?
Datanomik has raised $6.0M in total across 1 funding round.
Datanomik is a technology company.
Datanomik has raised $6.0M across 1 funding round.
Datanomik has raised $6.0M in total across 1 funding round.
Datanomik has raised $6.0M in total across 1 funding round.
Datanomik's investors include Andreessen Horowitz, B2 Founders, DST Global, Hans Tung, Quona Capital, Village Global, Thabet Mahayni, Will Szczerbiak.
Datanomik is a B2B fintech platform providing secure, real-time access to standardized financial data across multiple banks in Latin America via APIs and a customizable Financial Management Platform. It serves companies managing complex cash flows, such as payment service providers (PSPs) and fintechs like dLocal or Jeeves, solving the problem of fragmented banking data in emerging markets where cash dominance and manual reconciliation create operational pain points.[1][2][3][4] Founded in 2022 in Montevideo, Uruguay, with a primary focus on Brazil, the company has early traction with five customers and backing from investors like Latitud, Mountain Partners, Canaryss, and Andreessen Horowitz, positioning it for growth amid open banking adoption.[1][3][4]
Datanomik was founded in 2022 by Gonzalo Strauss, former Head of Product at AstroPay, and Sergio Fogel, serial entrepreneur and co-founder of dLocal (the first Uruguayan company to go public on Nasdaq) and AstroPay.[1][3][4] The idea emerged from Strauss's frustrations at AstroPay, where processing payments in emerging markets required manual logging into multiple bank accounts to track balances and cash flow—challenges amplified by cash as the primary payment method.[3][4] They initially built an internal API solution to replace five manual teams, which proved so effective that they spun it out into Datanomik to address the widespread "CFO crisis" for multinational firms needing unified financial visibility.[4] Early traction includes five customers shortly after launch, targeting Brazil's advanced open banking phase before expanding.[3]
Datanomik rides the open banking wave in Latin America, starting with Brazil's near-complete regulatory framework and extending to Mexico and Colombia, where fragmented banking hinders fintech scaling.[3] Timing aligns with rising demand for real-time financial visibility as every company becomes a "fintech," spawning infrastructure like Datanomik to handle multi-country cash reconciliation amid cash-dominant economies.[4] Market forces favoring it include PSP growth, regulatory tailwinds, and the shift from manual spreadsheets to APIs, reducing errors and enabling analytics for firms like dLocal.[3][4] It influences the ecosystem by empowering B2B fintechs, fostering new models in data aggregation and treasury management across LatAm.[1][5]
Datanomik is poised to dominate LatAm open finance infrastructure, expanding from Brazil to Mexico, Colombia, Peru, Argentina, and beyond, as open banking matures and multi-national CFOs demand unified data.[3][4] Trends like AI-driven analytics and deeper fintech embedment will amplify its APIs, potentially integrating with global PSPs and enterprise tools. Its influence could evolve from solver of immediate pains to enabler of strategic treasury AI, backed by elite investors—watch for customer growth and regional rollouts as the next milestones. This positions Datanomik as essential plumbing for LatAm's fintech boom, simplifying the financial data chaos that once required interns and spreadsheets.[4]
Datanomik has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $6.0M Seed | Andreessen Horowitz, B2 Founders, DST Global, Hans Tung, Quona Capital, Village Global, Thabet Mahayni, Will Szczerbiak |