/Companies

Navarra Tech

Techstars '19

Florianópolis, BR · Founded 2017 · 8 employees on LinkedIn · 1 known investors

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Navarra develops technology solutions for energy commercialization and regulatory compliance (PDI ANEEL) in the Brazilian electric sector. The company serves utilities and energy traders with financial services, technology, and market intermediation tools.

Also known as Navarra · Navarra Tech · Navarra Technologies

Investors · 1

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Company profile

researched Sep 2026

Navarra (Navarra Tech / Navarra Technologies) is a Brazilian company that develops technology, energy trading and financial services solutions for the Brazilian electricity sector. It describes itself as a fintech working in the electric sector with a team specialized in finance, electric energy and software development, applying methods from financial-market technology to energy markets. Its stated mission is to bring financial and energy-trading technology in Brazil to the standards used for major global commodities.

The product portfolio includes Navarra Energy Risk, an intelligence platform for counterparty credit analysis based on automated reading of PDF documents, and Navarra Trader, a platform for mapping and managing a trading desk. Navarra Energy Risk is organized in integrated modules: a web scraper that automates collection of data from sources such as CCEE, ANEEL, Receita Federal and Jusbrasil on configurable schedules (daily through annual or on demand) and is monitored via Airflow; a structured database used to generate reports and compute credit ratings for market agents; a web platform where users look up CNPJs active in the free energy market and view economic groups, credit ratings and metrics such as indebtedness, net income, CCEE consumption and CCEE exposure through interactive charts and tables; and an automated PDF reader that ingests financial statements, with manual corrections fed back to improve the extraction algorithm and update the agent's rating. Reports with the resulting analyses can be exported.

A separate unit, Navarra Venture Builder, is described as an instrument for accelerating new businesses focused on the strategic theme of digitalization and cybersecurity through ANEEL PDI projects. In 2022 the founders also released Armada, a free cyber security assessment tool aimed at helping companies determine and improve their eligibility for cyber insurance.

Business model

Navarra sells technology and services to participants in the Brazilian electricity market, combining software platforms for energy trading and counterparty credit analysis with financial services, and carrying out contracted research and development for large sector groups under ANEEL's PDI (R&D) regulatory framework. A venture builder arm accelerates new businesses around the strategic themes of digitalization and cybersecurity, also structured through ANEEL R&D projects.

Traction

The company states it provides digital services to large electricity-sector companies such as Engie, Auren, AES Brasil and CTG, and conducts PDI ANEEL research for large groups. It also cites having gone through the Techstars and Darwin acceleration programs. Its leadership team includes CEO Daniel Barra, operations director Eduardo Almeida, technology director Tito Conte, innovation director Luiz Miranda, marketing manager Rafael Lorenzo Perez and project manager Lourenço Galery.

Latest developments

In October 2022 the founders launched Armada, a free cyber-insurance readiness assessment in which companies complete a short questionnaire and receive a verdict on eligibility together with a list of security gaps and partner firms able to address them. CEO Daniel Barra described the goal as speeding up and simplifying access to and qualification for cyber insurance, which he said is hampered by long questionnaires and the absence of feedback when a quote is refused.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Navarra operates as a specialized technology and financial-services supplier to Brazil's free energy market, serving large sector companies including Engie, Auren, AES Brasil and CTG and conducting ANEEL PDI research for large groups.

Navarra positions its offering on the transfer of financial-market technology practice into energy trading, on automation that shortens initial risk assessment and reduces manual error in counterparty credit analysis, and on direct work with large sector groups under the ANEEL PDI regime. It also cites participation in the Techstars and Darwin acceleration programs as part of its background.

Technology

Navarra Energy Risk automates data collection from CCEE, ANEEL, Receita Federal and Jusbrasil via a configurable web scraper orchestrated and monitored with Airflow, stores results in a structured database used to compute credit ratings, and exposes them through a web interface showing economic groups, ratings and financial and operational metrics. An automated PDF reader extracts figures from uploaded financial statements; user corrections are fed back to improve the extraction algorithm, after which ratings are recalculated and reports generated. Navarra Trader provides mapping and management of a trading desk.

Go-to-market

Navarra sells directly to large companies in the electricity sector and to energy trading operations, naming Engie, Auren, AES Brasil and CTG among the recipients of its digital services, and develops research for large groups under ANEEL PDI. Navarra Energy Risk is offered through a self-service web platform where users register an account and run analyses, advertised as free to access.

Energy trading companies and large players in the Brazilian electricity sector, including named clients Engie, Auren, AES Brasil and CTG, as well as agents operating in the free energy market who need counterparty credit analysis.

Geography

The company is based in Florianópolis, Santa Catarina, Brazil, and focuses on the Brazilian electricity market, with its websites published in Portuguese and English. It refers to international experience gained through acceleration programs.

History

The company presents itself as a fintech operating in the Brazilian electricity sector with a multidisciplinary team spanning finance, electric energy and software development, drawing on experience built in financial-market technology. It states it has passed through the Techstars and Darwin acceleration programs. In October 2022 its founders launched Armada, a free cyber insurance readiness assessment tool, at which point the company was described as a startup based in Florianópolis, Santa Catarina. Its current product line centers on Navarra Energy Risk and Navarra Trader, alongside the Navarra Venture Builder initiative.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 20268

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 1

launches, deals, and filings
Oct 2022
Launch of Armada, a free cyber security self-assessment tool for cyber insurance eligibility

Navarra Tech's founders released Armada, a free tool in which a company fills out a short questionnaire about its cyber security posture and receives feedback on whether it qualifies for cyber insurance, plus a list of gaps to address and partner companies that can help resolve them.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Navarra Tech do?
Brazilian fintech building energy-trading, counterparty credit-risk and ANEEL R&D technology for the electricity sector.
Who are Navarra Tech's investors?
Navarra Tech's investors include Techstars.
Where is Navarra Tech headquartered?
Navarra Tech is headquartered in Florianópolis, BR.