# CrossReader

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

- Industry: Internet
- Headquarters: Jerusalem, Israel
- Website: www.crossreader.com
- Latest round: Seed (Jun 1, 2011)
- Investors on record: 1

## About

CrossReader Ltd. develops advanced software solutions designed to enhance operational efficiency and productivity across various industries, with a strong focus on automation and data analytics.Founded in 2008 and headquartered in Jerusalem, Israel, CrossReader Ltd. specializes in delivering innovative software applications for business process automation. The company has successfully closed 2 deals in its operational history.CrossReader Ltd. specializes in providing innovative solutions aimed at addressing specific needs within its target markets. Its main offerings include a suite of advanced software applications designed to streamline operational processes and enhance productivity for businesses across various sectors. These solutions are particularly focused on automation, data analytics, and workflow management, catering to clients in industries such as finance, healthcare, and logistics. The products were launched in the last few years and have been well-received due to their user-friendly interfaces and robust functionalities. The company serves a diverse client base that includes small and medium-sized enterprises (SMEs) as well as larger corporations, primarily in North America and Europe, where demand for digital transformation solutions is on the rise.The revenue model of CrossReader Ltd. is primarily structured around a subscription-based framework, facilitating regular income through recurring fees. Clients typically engage in annual or multi-year contracts, allowing them access to the full suite of products and ongoing updates and support. The flagship product, which has gained traction in the market, operates on a tiered pricing plan that provides various service levels tailored to different business needs. This model enhances customer loyalty and encourages long-term partnerships with clients who seek reliable and scalable technology solutions. The company also explores opportunities for direct-to-consumer transactions, expanding its reach within the consumer market for specific applications designed for individual users.CrossReader Ltd. is focused on future growth by introducing new products aimed at enhancing its software suite, with specific details on release dates to be announced. Plans are in place to expand into new markets, specifically targeting sectors in Asia and South America by the end of 2025. The recent closure of deals is expected to support these initiatives by providing necessary capital to accelerate product development and market entry.

## Funding rounds

- Seed, Jun 1, 2011 — Jerusalem Venture Partners

## Investors

- Jerusalem Venture Partners (https://capitalatlas.ai/funds/jerusalem-venture-partners) — Seed