About Nofaro
Nofaro is a company based in Porto Alegre (Brazil) founded in 2014 was acquired by Pet Love in March 2022.. Nofaro operates in a competitive market with competitors including DOGCAT and Meu Pet Club, among others.
- Headquarter Porto Alegre, Brazil
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Sectors
ConsumerFinancial Services
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Phone
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Website
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Social
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Funding Insights of Nofaro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nofaro
Nofaro has secured backing from 1 investor. Prominent investors backing the company include Pet Love. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multi-category supplies for pets including cats and dogs are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nofaro
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nofaro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nofaro Comparisons
Competitors of Nofaro
Nofaro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DOGCAT and Meu Pet Club, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
DogCat offers subscription-based health plans for pet veterinary care in Brazil.
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| domain | founded_year | HQ Location |
Offers pet health plans for consultations, exams, surgeries, and emergency care.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nofaro
When was Nofaro founded?
Nofaro was founded in 2014.
Where is Nofaro located?
Nofaro is headquartered in Porto Alegre, Brazil. It is registered at Porto Alegre, Rio Grande Do Sul, Brazil.
What does Nofaro do?
Nofaro was established in 2014 in Porto Alegre, Brazil, within the pet insurance sector. Insurance plans for pet health are provided through the platform, along with features for scheduling appointments, vaccines, and procedures. A mobile application is available for Android and iOS devices, supporting pet owners in managing care needs. Operations focus on accessible health services tailored to pets in the region.
Who are the top competitors of Nofaro?
Nofaro's top competitors include DOGCAT and Meu Pet Club.
Who are Nofaro's investors?
Nofaro has 1 investor. Key investors include Pet Love.