# Cleanshelf

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.cleanshelf.com
- Total disclosed funding: $8M
- Latest round: Series A (Mar 11, 2020)
- Investors on record: 2

## About

Cleanshelf, Inc. is an innovative company specializing in software solutions that optimize enterprise software management and improve financial visibility for organizations. Their platform helps businesses effectively manage their software subscriptions and reduce unnecessary costs.Founded in 2015 and headquartered in San Francisco, US, Cleanshelf, Inc. offers software solutions focused on enterprise software management. The company has undergone strategic development to enhance its offerings and was recently acquired by LeanIX GmbH on March 24, 2021, as part of an initiative to expand LeanIX's architecture portfolio. The acquisition deal was supported by investors including Dawn Capital, along with others. The company has completed a total of 2 investment deals, raising a total of USD 8.00 mn in its latest funding round, Series A, led by Dawn Capital. Cleanshelf's current valuation stands at USD 24.368 mn.Cleanshelf, Inc. primarily offers an advanced platform for managing enterprise software subscriptions, designed to improve financial visibility and optimize software expenses. This solution allows organizations to track their software usage and expenditures, facilitating better decision-making regarding software investments. Cleanshelf's offerings target enterprise leaders, procurement specialists, and finance teams across various industries, ensuring effective control over software assets and related costs.Cleanshelf, Inc. generates revenue through a subscription-based model, allowing organizations to utilize its software management platform. Pricing is determined by the number of software subscriptions and services utilized by clients, enabling flexible tiered access tailored to varying organizational needs. The platform's features enhance operational efficiency and provide detailed financial insights, contributing to the overall value that clients gain from their relationship with Cleanshelf.Following the acquisition by LeanIX GmbH in March 2021, Cleanshelf, Inc. plans to further enhance its product offerings within the enterprise architecture domain. The integration aims to optimize LeanIX's architecture portfolio and expand its reach into new markets. The recent funding will support these strategic initiatives, allowing Cleanshelf to innovate and develop new product features that cater to evolving customer requirements. Specific geographic regions targeted for expansion include North America and Europe, with plans to enhance their market presence by the end of 2023.

## Funding rounds

- Series A, Mar 11, 2020, $8M — Dawn Capital, LAUNCHub

## Investors

- Dawn Capital (https://capitalatlas.ai/funds/dawn-capital) — Series A
- LAUNCHub (https://capitalatlas.ai/funds/launchub) — Series A