Allugg

Brazilfintech

Allugg is a Brazilian startup that rents technology equipment to small and medium-sized businesses, addressing the challenge of high upfront costs for hardware. It operates on a Hardware-as-a-Service (HaaS) model, enabling companies to lease equipment such as computers and peripherals. The company serves SMEs primarily in Brazil. Allugg has raised significant funding, including a R$30 million (approximately US$6 million) FIDC backed by Oslo DTVM and a previous seed round of R$4 million from CESAR, indicating traction in the Brazilian market.

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