# Lat49

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lat49

- Industry: Internet
- Headquarters: Vancouver, Canada
- Website: www.lat49.com
- Total disclosed funding: $4M
- Latest round: Series A (Jul 18, 2009)
- Investors on record: 2

## About

Lat49 is a digital solutions provider focused on enhancing operational efficiency through advanced data analytics, application development, and cloud services, catering primarily to finance, healthcare, and retail sectors.Lat49 operates as a digital solutions provider specializing in data analytics and application development with headquarters in Vancouver, Canada. The company has successfully raised USD 1.5 mn in Series A funding, with investments from Discovery Capital and Pender West Capital Partners, facilitating its growth since its formation. The most recent funding round occurred on July 18, 2009, supporting its strategic initiatives. The founder's background is not detailed in the available information.Lat49.com specializes in a range of digital solutions designed to enhance operational efficiency and user engagement in various sectors. The core offerings focus on advanced data analytics, application development, and cloud-based services. These products aim to address specific pain points related to data management, process automation, and user interface design, enabling clients to leverage technology for better decision-making and operational productivity. The company caters to a diverse clientele, including enterprises in finance, healthcare, and retail, with a strong emphasis on delivering tailored solutions that meet industry-specific needs. Lat49.com markets its services primarily in North America and Europe, ensuring their innovations align with the unique requirements of these regions.Lat49.com generates revenue through a structured model that includes subscription-based services and project-based engagements. Clients typically enter into annual contracts for access to various software solutions, which may include tiered pricing plans based on usage levels and features. In addition, the company engages in partnerships with other technology providers, facilitating integrations that enhance the overall value of their offerings. The flagship product, which incorporates advanced analytics capabilities, is central to these transactions, serving both direct-to-consumer clients and B2B partners. The business transaction structure emphasizes long-term relationships, allowing for continuous service evolution and upselling opportunities as client needs grow.Lat49 plans to leverage the funding raised in July 2009 to enhance its product offerings and explore new market opportunities. The company is currently designing new products aimed at improving user engagement and operational efficiency, although specific release dates have not been disclosed. Additionally, Lat49 is targeting expansion into new geographic regions, particularly within North America and Europe, to capitalize on its expertise in data solutions. The recent funding will support the development of these initiatives, enabling the company to better serve its growing client base and address diverse market needs.

## Funding rounds

- Series A, Jul 18, 2009, $1.5M — Discovery Capital, Pender West Capital Partners
- Seed, Nov 1, 2007, $2.5M — Discovery Capital

## Investors

- Discovery Capital (https://capitalatlas.ai/funds/discovery-capital) — Seed, Series A
- Pender West Capital Partners (https://capitalatlas.ai/funds/pender-west-capital-partners) — Series A