# Agnitio

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

- Industry: Defence
- Headquarters: Madrid, Spain
- Website: www.agnitio.es
- Total disclosed funding: $12M
- Latest round: Series B (May 5, 2009)
- Investors on record: 4

## About

Agnitio is a technology company that focuses on enhancing communication and data management solutions, providing innovative software that optimizes workflows and improves client interactions for businesses across various sectors.Agnitio, founded in 2004, is headquartered in Madrid, Spain. The company specializes in advanced software solutions designed to facilitate effective communication between organizations and their clients. Morten Hjelmsoe serves as both the Founder and CEO. Agnitio has completed a total of 4 deals, with their most recent funding round being a Series B raised in June 2011, amounting to EUR 5.50 mn. This funding round was led by Elaia Partners and included participation from Nauta Capital and Neotech Capital. The total amount raised by the company is also EUR 5.50 mn.Agnitio specializes in providing innovative solutions aimed at enhancing communication and data management for businesses. Their core offerings include advanced software solutions that enable seamless interactions between organizations and their clients. These products address challenges like inefficient information sharing and hindered customer service experiences, ensuring a more streamlined operational process. The company serves a diverse client base, including mid-sized companies and large enterprises across sectors such as healthcare, finance, and technology, with a strong presence in key geographical markets in Europe and North America.In 2023, Agnitio reported a revenue of EUR 3,109,475.60 and an EBITDA of EUR 340,274.50. The company generates revenue primarily through a subscription-based model, allowing clients to access their software solutions on a flexible basis. This transactional structure supports steady cash flow and widespread software adoption across client organizations, supplemented by strategic partnerships with industry leaders that enhance product reach and establish additional revenue streams.Agnitio is focused on developing new products to be released in the upcoming year, which aim to further enhance their current offerings. The company is also exploring expansion into new markets, specifically targeting growth in the North American region by the end of 2024. The recent Series B funding will be leveraged to support these initiatives, as well as to enhance their product development efforts. In 2011, Agnitio received debt financing from AXIS Participaciones, although the financial details of that round remain undisclosed.

## Funding rounds

- Series B, May 5, 2009, $7.5M — Elaia Partners, Nauta Capital, Neotech Capital
- Series B, Dec 13, 2007, $3.8M — Nauta Capital
- Series A, May 30, 2006, $0.5M — Riva y Garcia Private Equity

## Investors

- Riva y Garcia Private Equity (https://capitalatlas.ai/funds/riva-y-garcia-private-equity) — Series A
- Nauta Capital (https://capitalatlas.ai/funds/nauta-capital) — Series B
- Elaia Partners (https://capitalatlas.ai/funds/elaia-partners) — Series B
- Neotech Capital (https://capitalatlas.ai/funds/neotech-capital) — Series B