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LatAm startup Vambe sees ARR skyrocket after pivot to conversational AI
After Vambe pivoted to building conversational AI agents for small and medium-sized businesses, its ARR increased five-fold to $1 million.
When Nicolás Camhi, Matías Pérez Pefaur and Diego Chahuán (pictured above, left to right) launched Vambe last year, they were building a CRM for debt collection. The Santiago, Chile-based company pivoted in March 2024 to focus on these AI agents, aimed to help small and medium-sized businesses automate communications with customers and close sales on platforms like WhatsApp. To capitalize on this fast growth, Vambe recently raised a $3.85 million seed round led by Brazil-based VC firm, Monashees, with participation from Mexico-based investor Nazca and U.S.-based M13.
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