With headquarters in Chile, AVLA has emerged as a dominant force in the Latin American market, generating approximately $150 million in insurance revenue in 2023. Renowned as one of the top five providers of surety and trade credit solutions in the region, AVLA operates across key markets such as Brazil, Mexico, Chile, and Peru.
The infusion of capital is poised to fuel AVLA’s ambitious international growth strategy, particularly its strategic entry into the lucrative US market. As AVLA sets its sights on expansion, the funding will be instrumental in scaling operations and bolstering its presence among small and medium-sized enterprises (SMEs) across Latin America and beyond.
“We are delighted to continue strengthening AVLA and expanding our business focused on small and medium-sized enterprises in the region,” said Ignacio Álamos, founder and CEO of AVLA (pictured). “Following our successful entry to Mexico and Brazil, we are aiming to further expand into the United States, with the goal of reaching 150,000 clients and generating revenue of $350 million on a consolidated basis in the coming years.”
Amadeo Ibarra, Mexico country head of Creation Investments and AVLA board member, also commented, saying: “AVLA is a unique growth story combining attractive profitability, strong social impact, and an impressive capability to enter new markets. We are thrilled to invest additional capital to support AVLA’s existing operations and technology as well as the company’s entry into the U.S. market.”
