# 7 Degrees

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/7-degrees

- Industry: Outsourcing
- Headquarters: Cottonwood Heights, US
- Website: www.7-degrees.com
- Total disclosed funding: $7.4M
- Latest round: Series B (Oct 1, 2010)
- Investors on record: 3

## About

7 Degrees, Inc. develops advanced software solutions aimed at improving operational efficiency for various industries. Their products help businesses streamline project management and enhance data analytics capabilities.Founded in 2007 and headquartered in Cottonwood Heights, US, 7 Degrees, Inc. specializes in software development that addresses operational challenges. The company has engaged in a total of 5 deals, with its most recent funding round occurring on February 19, 2013, when it raised USD 0.75 mn. The company has undergone a rebranding from its original name and has focused on enhancing its software offerings since inception.The company’s primary offerings consist of advanced software solutions designed to enhance operational efficiency across various sectors. These solutions are tailored to address specific pain points faced by businesses, such as streamlining project management, optimizing resource allocation, and facilitating real-time data analysis. Their flagship product, released in 2021, integrates seamlessly with existing systems to provide users with intuitive dashboards and analytics tools. The customer base includes small to medium-sized enterprises (SMEs) and large corporations across North America and Europe, focusing on industries such as manufacturing, healthcare, and financial services. By delivering customizable features that cater to diverse operational needs, the company enhances productivity and supports informed decision-making for end users.The company generates revenue through a subscription-based model, which allows clients to access its software solutions on a tiered pricing structure. Clients can opt for varying plans based on their requirements, which include standard features as well as premium tools for enhanced functionality. Transaction structures typically involve annual contracts for business-to-business engagements, where payments are made upfront for the year, ensuring predictable cash flow. Additionally, partnerships with industry leaders further expand their reach, providing clients with bundled services that enhance the overall value proposition. The strategic pricing of its offerings underscores the company’s commitment to delivering high-quality solutions while fostering long-term relationships with its clientele.7 Degrees, Inc. plans to leverage recent funding of USD 0.75 mn to develop new software products aimed at enhancing user experience and incorporating artificial intelligence features. The company is targeting expansion into the Asian market, particularly focusing on Southeast Asia by the end of 2025. This strategic expansion is expected to open new revenue streams and enhance its global market presence.

## Funding rounds

- Series B, Oct 1, 2010, $6.8M — RHO, Signal Peak Ventures, Parkview
- Series A, Nov 30, 2007, $0.6M — Signal Peak Ventures, Parkview

## Investors

- Signal Peak Ventures (https://capitalatlas.ai/funds/signal-peak-ventures) — Series A, Series B
- Parkview (https://capitalatlas.ai/funds/parkview) — Series A, Series B
- RHO (https://capitalatlas.ai/funds/rho) — Series B