# Entrio

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

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.entrio.io
- Total disclosed funding: $7.5M
- Latest round: Seed (Mar 31, 2023)
- Investors on record: 4

## About

Entrio, based in Israel, is a Fintech company offering a technology intelligence platform that provides real-time insights into enterprises’ technology portfolios, enhancing decision-making for operational efficiency.Founded in 2015, Entrio is a Fintech firm headquartered in Tel Aviv, Israel, that specializes in technology intelligence solutions. The company's strategic focus has remained consistent, serving various sectors including finance and technology. Avi Cohen, one of the co-founders, leads the company as CEO, bringing prior entrepreneurial experience to the role. Entrio has successfully completed 3 deals, with the most recent funding round occurring on March 31, 2023. During this Seed round, Entrio raised USD 7.5 mn, led by Communitas Capital Partners, alongside participation from Alicorn, BNY Mellon, and Vintage Investment Partners, contributing to a total of USD 3.5 mn raised.Entrio offers a comprehensive technology intelligence platform designed to provide real-time insights into an enterprise's technology portfolio. The platform includes functionalities such as data cleansing, categorization, enrichment, exploratory tools, and lifecycle management, utilizing an AI-driven normalization engine to automate the categorization of over 1,700 technology solutions. The primary users are enterprise architects from various sectors, including financial institutions and large corporations, all aimed at optimizing technology expenditures and improving operational efficiency. Entrio operates in North America, Europe, and parts of Asia, providing a unified source of truth for managing complex technology environments.Entrio generates revenue via a subscription-based model, enabling clients to access its technology intelligence platform and related services. This model facilitates seamless integration of Entrio's continuously updated vendor and solution data into clients' systems through APIs, empowering organizations to make informed technology decisions. Revenue transactions typically involve annual or multi-year subscriptions, providing flexibility to clients based on their needs. The platform's key services focus on data cleansing, lifecycle tracking, and solution comparison, critical for enterprises managing extensive software and IT service portfolios.On March 31, 2023, Entrio raised USD 7.5 mn in Seed funding, which is part of a larger USD 11 mn round led by Communitas Capital Partners, with support from other investors. The funding will be used to enhance technology development and broaden client outreach on a global scale. Entrio aims to launch new products designed to expand its offerings and improve user experience, while strategically targeting new markets for expansion, particularly in North America and parts of Europe by the end of 2024.

## Funding rounds

- Seed, Mar 31, 2023, $7.5M — Vintage Investment Partners, BNY Mellon, Communitas Capital Partners, Alicorn

## Investors

- Vintage Investment Partners (https://capitalatlas.ai/funds/vintage-investment-partners) — Seed
- BNY Mellon — Seed
- Communitas Capital Partners (https://capitalatlas.ai/funds/communitas-capital-partners) — Seed
- Alicorn (https://capitalatlas.ai/funds/alicorn) — Seed