# Factonomy

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

- Industry: Software
- Headquarters: Musselburgh, UK
- Website: www.factonomy.com
- Total disclosed funding: $2.1M
- Latest round: Series B (Jun 4, 2008)
- Investors on record: 4

## About

Factonomy is a UK-based company specializing in innovative solutions for data management and analytics, aimed at businesses looking to enhance their operational efficiency and decision-making processes.Founded in 2003 and headquartered in Musselburgh, UK, Factonomy focuses on streamlining data operations for enterprises. In June 2008, the company raised GBP 860 thousand in a Series B funding round led by Sigma Capital Group, with participation from Barwell, Scottish Enterprise, and Tweed Renaissance Investors Capital. The total amount raised by Factonomy amounts to GBP 860 thousand, resulting in a current company valuation of GBP 1.51 million.Factonomy primarily offers solutions for data management and analytics, helping businesses optimize their data processes. Their services are designed to assist organizations in improving decision-making and operational efficiency. The company caters to a diverse clientele, including small and medium-sized enterprises (SMEs) and larger corporations, ensuring their data is managed effectively and securely.Factonomy generates revenue through its data management and analytics services, which are offered on a contractual basis to businesses. Clients engage with Factonomy for tailored solutions that enhance their data handling capabilities, directly impacting their operational effectiveness. The company's revenue is closely linked to the demand for effective data management solutions in a competitive market.Factonomy plans to leverage its recent funding from the Series B round to enhance its product offerings and expand into new geographic markets. The company is focused on developing new data analytics tools aimed at improving user experience and efficiency, with a targeted launch in late 2009. Additionally, Factonomy aims to penetrate the North American market, capitalizing on the growing need for data solutions in that region.

## Funding rounds

- Series B, Jun 4, 2008, $1.7M — Sigma Capital Group, Barwell, Scottish Enterprise, TRICAPITAL
- Series A, Aug 8, 2006, $0.4M — Scottish Enterprise

## Investors

- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Series A, Series B
- Sigma Capital Group (https://capitalatlas.ai/funds/sigma-capital-group) — Series B
- Barwell (https://capitalatlas.ai/funds/barwell) — Series B
- TRICAPITAL (https://capitalatlas.ai/funds/tricapital) — Series B