# Ektron

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

- Industry: Software
- Headquarters: Nashua, US
- Website: www.ektron.com
- Latest round: Angel (Jun 12, 2013)
- Investors on record: 1

## About

Ektron, Inc. is a technology solutions provider focused on delivering software applications that enhance operational efficiency and user experience across various industries, including healthcare, finance, and retail.Ektron, Inc. was founded in 1998 in Nashua, US, as a software firm specializing in technology solutions. The company has undergone notable changes in strategy since its inception, adapting to market needs. It has completed a total of 3 deals, with the most recent funding round occurring on December 8, 2014, when it raised an undisclosed amount of growth capital from returning investor Accel-KKR.The company specializes in delivering innovative technology solutions that cater to a diverse range of industries. Their core product offerings include a suite of software applications designed to enhance operational efficiency and improve user experience across various sectors, including healthcare, finance, and retail. These applications are engineered to address specific challenges, such as streamlining workflows, optimizing resource management, and enabling data-driven decision-making. The solutions were first introduced to the market in 2021 and have since gained traction among a variety of clientele, including small to medium-sized enterprises as well as larger corporations. Geographically, the company has expanded its reach to North America, Europe, and parts of Asia, focusing on regions characterized by high demand for digital transformation and technological innovation.The company's revenue model is primarily based on a subscription-based service structure, allowing clients to access their suite of applications under flexible pricing plans tailored to different user needs. Transactions occur directly between the firm and its clients, with various tiers available to accommodate both small businesses and larger enterprises. Customers can opt for monthly or annual subscription packages, which include access to flagship software products designed for specific industry applications. Additionally, the company engages in partnerships with resellers and distributors, further broadening its market reach. Revenue generation is contingent on ongoing service agreements, ensuring consistent cash flow through client renewals and ongoing support services.Ektron, Inc. is focused on expanding its product offerings with new software applications aimed at enhancing operational efficiencies, expected to be launched in 2023. The company is also planning to target new markets in Latin America and Southeast Asia by 2025, leveraging its existing technology solutions to meet emerging demands in these regions. The funds raised in December 2014 will support these initiatives by enabling the development of new products as well as increasing marketing efforts in the newly targeted geographical areas.

## Funding rounds

- Angel, Jun 12, 2013 — CEI Ventures Management

## Investors

- CEI Ventures Management (https://capitalatlas.ai/funds/cei-ventures-management) — Angel