# Contango Protocol

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/contango-protocol

- Industry: Software
- Headquarters: UK
- Website: www.contango.exchange
- Latest round: Seed (Sep 13, 2022)
- Investors on record: 1

## About

Based in the UK and founded in 2021, Contango Protocol Ltd operates as a technology company specializing in advanced software solutions that enhance operational efficiency for businesses.Contango Protocol Ltd focuses on delivering innovative software solutions designed to improve operational efficiency across various industries. The company was co-founded by Bruno Bonanno, Egill Hreinsson, and Kamel Aouane, who also serves as the CEO. Established in the UK in 2021, Contango has completed one funding deal as of September 13, 2022, when it raised seed funding from SOSV.The company specializes in delivering innovative solutions through its core product offerings, which encompass a suite of advanced technologies targeted at enhancing operational efficiency for businesses across various industries. These products are designed to address specific challenges faced by their clients, such as streamlining workflows, improving data analytics, and optimizing resource management. Their flagship product, launched in 2021, has been well-received in markets including North America, Europe, and parts of Asia, particularly among mid-sized enterprises seeking to leverage technology for competitive advantage. The company serves a diverse client base, including technology firms, manufacturing companies, and service providers, all of whom benefit from the tailored functionality and user-friendly interface of the company’s offerings.The company generates revenue primarily through a subscription-based model, allowing clients to access its software solutions on a recurring basis. Transactions typically occur directly between the firm and its clients, with an emphasis on long-term partnerships that foster customer loyalty and engagement. For example, a standard transaction may involve a client purchasing a multi-user license that grants access to the company's suite of products for an annual fee. Additionally, the company engages in B2B sales, offering customized packages that cater to the specific needs of larger organizations, ensuring that pricing structures are aligned with the scale of usage. The company’s revenue is bolstered by its commitment to providing ongoing support and updates, solidifying its reputation in the marketplace.In September 2022, Contango Protocol Ltd raised an undisclosed amount of Seed funding from investor SOSV. The company plans to utilize these funds to develop new products aimed at enhancing their current offerings. They are targeting expansion into new markets, particularly in Asia and Europe, which they anticipate to achieve by late 2023.

## Funding rounds

- Seed, Sep 13, 2022 — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed