# Katoo Digital Services SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/katoo-digital-services-sl

- Industry: Internet
- Headquarters: Madrid, Spain
- Website: www.katooapp.com
- Total disclosed funding: $3.6M
- Latest round: Seed (Nov 24, 2020)
- Investors on record: 3

## About

Katoo Digital Services SL specializes in providing innovative digital solutions that enhance operational efficiency for various sectors including e-commerce, education, and healthcare.Katoo Digital Services SL, founded in 2019, is headquartered in Madrid, Spain. The company focuses on delivering digital solutions that streamline operations across multiple industries. In January 2023, Katoo was acquired by Choco, which aims to enhance its digitization capabilities in the food chain. The founder, Edoardo Tarricone, has a history in entrepreneurship, although details on previous ventures are not specified. The company has raised a total of EUR 6.20 mn across its funding rounds, with the most recent round occurring on 19 January 2023, led by Kanoar Ventures and involving several notable investors including Expa and FJ Labs.Katoo Digital Services offers a variety of products aimed at improving operational workflow for its clients. These digital solutions help businesses in sectors like e-commerce, education, and healthcare to manage data, enhance customer engagement, and optimize operations. The company has a strong geographical presence, serving markets in North America, Europe, and Asia, thus ensuring accessibility for a diverse client base.In 2022, Katoo Digital Services reported revenue of EUR 88,509.50 with an EBITDA loss of EUR 4,402,733.90. Revenue is generated through a structured transaction model that includes subscription services tailored to meet varying client needs, fostering long-term relationships and consistent income growth.With the acquisition by Choco in January 2023, Katoo Digital Services plans to leverage its position to expand its user base and enhance its product offerings. The funding from this acquisition will facilitate the development of new digital tools aimed at improving the food supply chain. The company will also explore expansion into additional geographic markets to further its reach and service capability.

## Funding rounds

- Seed, Nov 24, 2020, $3.6M — Otium Capital, Flash Ventures
- Seed, Jul 30, 2019 — Rocket Internet SE, Flash Ventures

## Investors

- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Seed
- Flash Ventures (https://capitalatlas.ai/funds/flash-ventures) — Seed
- Otium Capital (https://capitalatlas.ai/funds/otium-capital) — Seed