# Kluster Enterprises

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kluster-enterprises

- Industry: Software
- Headquarters: London, UK
- Website: www.kluster.com
- Total disclosed funding: $5.9M
- Latest round: Series A (Apr 25, 2023)
- Investors on record: 3

## About

Kluster Enterprises Limited, based in the UK, specializes in advanced forecasting and board reporting solutions for sales and revenue management, catering to high-performance leaders across various sectors.Founded in 2016, Kluster Enterprises Limited is headquartered in London, UK. The company focuses on providing advanced forecasting tools and board reporting solutions. It has completed a total of 2 deals, with the most recent being on April 25, 2023. Kluster raised USD 5.00 mn in Series A funding led by Foresight Group, with participation from SuperSeed. The founding team includes Dan Thompson, Elliott Tong, and Rory Brown, who have experience in launching and managing businesses in technology and finance sectors.Kluster's core offerings are centered around advanced forecasting and comprehensive board reporting solutions designed for high-performance leaders in sales and revenue management. Their platform enables organizations to forecast revenue across new business, renewals, expansions, and contractions within a unified operating system, providing a single source of truth for revenue data. This service enhances forecasting accuracy, adding two months of visibility into sales projections, and is particularly beneficial for private equity firms and their portfolio companies, allowing for real-time revenue recognition and alignment between sales and finance teams.Kluster's revenue model is primarily subscription-based, focusing on business-to-business (B2B) transactions. Clients, including private equity firms and their portfolio companies, engage with Kluster for its forecasting framework and board reporting tools. The subscription structure typically involves annual or quarterly commitments, with pricing determined by the scale of the client's operations and specific service requirements. Key products include the forecasting framework and board reporting solutions, essential for clients aiming to enhance financial transparency and operational efficiency.In April 2023, Kluster Enterprises Limited secured USD 5.00 mn in Series A funding, led by Foresight Group, with participation from SuperSeed and individual investors. This funding will be utilized to continue product development, expand into the US market, and hire key executives as well as members of its marketing team. Kluster aims to launch new products designed for enhanced functionality over the next year, targeting growth in key international markets.

## Funding rounds

- Series A, Apr 25, 2023, $5M — Foresight Group, SuperSeed
- Seed, Apr 23, 2020, $0.9M — Newable, SuperSeed

## Investors

- Newable (https://capitalatlas.ai/funds/newable) — Seed
- SuperSeed (https://capitalatlas.ai/funds/superseed) — Seed, Series A
- Foresight Group (https://capitalatlas.ai/funds/foresight-group) — Series A