# Chilisoft

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

- Industry: Software
- Headquarters: Bellevue, US
- Website: www.chilisoft.com
- Total disclosed funding: $5M
- Latest round: Series B (Aug 5, 1998)
- Investors on record: 2

## About

Chilisoft develops innovative software solutions aimed at enhancing operational efficiencies for its clients, particularly in the technology sector. The company is known for its focus on cloud-based offerings and advanced automation capabilities.Chilisoft specializes in software solutions designed to optimize business operations. Founded by András Tóth, the company is headquartered in Bellevue, US. In March 2000, Cobalt acquired Chilisoft as part of a strategic move to broaden its software offerings. Notably, the CEO is Yaroslav Makarov. The latest funding round, Series B, raised USD 3.70 mn from investors including Encompass Venture Partners and Draper Fisher Jurvetson, bringing the total amount raised by the company to USD 3.70 mn.Chilisoft offers a suite of software solutions designed to improve operational efficiency across various sectors. Its main product includes cloud-based applications that feature advanced automation and workflow capabilities. The solutions are utilized by clients globally, including those in telemedicine and logistics, helping them streamline processes and enhance productivity.Chilisoft's revenue model predominantly relies on subscription-based services, allowing clients to access a range of software solutions. Clients typically pay fees based on usage metrics or a flat fee for comprehensive services. This model supports long-term client relationships, focusing on delivering ongoing value through regular updates and service enhancements.Chilisoft plans to introduce new software solutions aimed at further enhancing efficiency and automation in business operations. The company is targeting expansion into markets in North America and Europe by the end of 2023. Recent funding from the Series B round will be utilized to support the development of new products and facilitate market entry strategies. The acquisition by Cobalt in March 2000 has also positioned Chilisoft for strategic growth in the software sector.

## Funding rounds

- Series B, Aug 5, 1998, $3.7M — Draper Fisher Jurvetson, Encompass Venture Partners
- Series A, Nov 17, 1997, $1.3M — Draper Fisher Jurvetson

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A, Series B
- Encompass Venture Partners (https://capitalatlas.ai/funds/encompass-venture-partners) — Series B