# D square

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/d-square

- Industry: Software
- Headquarters: Hasselt, Belgium
- Website: www.dsquare.be
- Total disclosed funding: $8.1M
- Latest round: Series B (Dec 29, 2015)
- Investors on record: 3

## About

D Square is a Belgian firm that specializes in providing innovative solutions tailored to enhance operational efficiency across various industries such as manufacturing, healthcare, and technology.Founded in 2007 in Hasselt, Belgium, D Square focuses on delivering tailored solutions for operational challenges in diverse sectors. The company has raised a total of EUR 5.00 mn in funding, with its latest round being a Series B in December 2015, led by Fortino and participated by PMV and LRM. The company has completed three deals to date. The leadership team includes co-founders Chaitanya Katta, Darshan Shah, Phanindra Reddy, Piyush Dhiliwal, and Raef Baskharon. Chaitanya Katta also serves as the CEO.D Square offers a diverse range of products and services designed to improve efficiency, reduce costs, and enhance performance for clients across multiple industries. Their solutions cater to the specific operational challenges faced by clients in sectors including manufacturing, healthcare, and technology. The company has successfully introduced several flagship products that are marketed in North America, Europe, and Asia-Pacific, targeting both SMEs and large corporations.D Square's revenue model is based on direct sales and subscription services, with clients typically engaging through annual contracts or one-time purchases. The company has established strategic partnerships with distributors and retailers to broaden its market reach. Products are offered through tiered pricing plans, allowing clients to select services that align with their budget while ensuring access to product updates and support.D Square plans to leverage its recent Series B funding of EUR 5.00 mn, raised in December 2015, to enhance its product offerings and expand into new markets. Upcoming products are being designed to address evolving client needs, with specific launches anticipated in the next year. The company targets expansion in North America and Asia-Pacific by 2023, focusing on increasing its footprint in these regions.

## Funding rounds

- Series B, Dec 29, 2015, $5.5M — LRM, PMV, Fortino
- Series A, Sep 17, 2010, $1.9M — LRM, PMV
- Angel, Jul 17, 2008, $0.7M — PMV

## Investors

- PMV (https://capitalatlas.ai/funds/pmv) — Angel, Series A, Series B
- LRM (https://capitalatlas.ai/funds/lrm) — Series A, Series B
- Fortino — Series B
