# Aframe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aframe

- Industry: Travel & Leisure
- Headquarters: London, UK
- Website: www.aframe.com
- Total disclosed funding: $19M
- Latest round: Seed (Mar 12, 2015)
- Investors on record: 4

## About

Aframe provides innovative technology solutions that enhance operational efficiency through a suite of software applications tailored for various industries, including logistics and healthcare.Aframe specializes in operational efficiency technology, founded by David Peto. The company is headquartered in London, UK. In March 2015, Aframe raised GBP 0.27 million in a Seed funding round, supported by investors Northstar Ventures and Octopus Investments. The company has completed a total of 8 deals to date.Aframe focuses on delivering innovative technology solutions that enhance operational efficiency across various sectors. Its core offerings include software applications that streamline workflows, optimize resource allocation, and facilitate real-time data analytics. These solutions cater to a diverse client base, including SMEs and large corporations in industries such as manufacturing, logistics, and healthcare. End users, primarily operational managers and data analysts, leverage these tools to improve decision-making and productivity, with deployments across North America, Europe, and select Asia-Pacific regions.The company operates on a revenue model based on subscription services and direct software sales. Clients typically engage through annual subscriptions, ensuring access to updates and support, fostering long-term relationships. Transactions are made directly between Aframe and its clients, with agreements tailored to client needs. The flagship products are crucial for revenue generation, often bundled with additional features enhancing their value to clients.Aframe plans to use the recent Seed funding of GBP 0.27 million, raised in March 2015, to support its upcoming product launches and market expansions. The company aims to introduce new software solutions aimed at improving operational efficiencies and expand into new geographical markets, particularly in Europe and Asia-Pacific, by 2024. These initiatives are designed to strengthen Aframe's position in the technology solutions sector.

## Funding rounds

- Seed, Mar 12, 2015, $0.4M — Northstar Ventures, Octopus Investments
- Seed, Aug 12, 2013, $4.4M — Northstar Ventures, Octopus Investments
- Seed, Feb 28, 2013, $1.6M — Northstar Ventures, Octopus Investments
- Series A, Apr 3, 2012, $7M — Eden Ventures, Northstar Ventures, Octopus Investments
- Seed, Mar 16, 2012, $4.8M — Northstar Ventures, Octopus Investments
- Seed, Nov 14, 2011, $0.8M — Northstar Ventures, Whetstone Group

## Investors

- Northstar Ventures (https://capitalatlas.ai/funds/northstar-ventures) — Seed, Series A
- Whetstone Group — Seed
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Seed, Series A
- Eden Ventures — Series A