Uruguayan startup Mozart has successfully raised $600K in a pre-seed funding round, spearheaded by Orbit Ventures with contributions from Picante VC and angel investors across Uruguay, Brazil, and Paraguay. The company has developed an innovative conversational AI platform designed to assist businesses in debt recovery through real-time negotiations conducted by virtual agents. The platform is capable of analyzing tone and sentiment during interactions and continuously learns without the need for human input. Clients can easily integrate the system by uploading a debt portfolio via a spreadsheet, enabling deployment in less than 30 minutes.
With the new funding, Mozart aims to enhance its commercial operations in Brazil and Mexico, invest in its proprietary machine learning models and infrastructure, and explore new markets in Southeast Asia and Africa through Orbit Ventures’ network. Additionally, plans are in place to expand into the United States and Europe through accelerator programs in Spain, Portugal, and France.
Founded in 2024, Mozart currently serves over 50 corporate clients, including major names like Bancolombia, BBVA, Santander, and Shopee. The company operates in 15 countries across Latin America and Europe and employs a team of 19 in Uruguay.
