Vaas develops a transaction-monitoring platform that combines on-chain blockchain analysis with off-chain data to detect atypical or suspicious cryptocurrency activity. The company uses AI to analyze the full history of a crypto wallet from day one and cross-references local databases to improve attribution. Its solution already monitors Pix flows and the team plans to build anti-fraud tools for Pix and future work around Brazil’s Drex digital currency. Vaas is in proof-of-concept and pilot stages with several large companies and banks and has partnerships that allow querying transactions by CPF and CNPJ, including cooperation with B3. The startup charges a fixed monthly fee to monitor each client a bank chooses to track. The founding team previously invested roughly R$5 million after selling their prior company, Decora, and Vaas contributed data to the CPI of financial pyramids even while pre-operational. The platform is slated for an official launch next month.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2023