# MIOTIFY

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

- Industry: Healthcare IT
- Headquarters: Windsor, UK
- Website: www.miotify.co.uk
- Total disclosed funding: $0.5M
- Latest round: Seed (Oct 27, 2017)
- Investors on record: 1

## About

MIOTIFY Ltd. is a software company focused on enhancing operational efficiency and data management through innovative solutions designed for businesses in various industries.MIOTIFY Ltd. specializes in developing software solutions that streamline operations for businesses. Founded and headquartered in Windsor, UK, the company has pivoted to focus on cloud-based platforms that integrate functionalities essential for data analytics and project management. The founder has previously founded other enterprises. The latest funding round, a Seed round led by Mercia Fund Management, raised GBP 350,000 on October 27, 2017, valuing the company at GBP 1.40 million post-money. MIOTIFY Ltd. has engaged in a single public transaction.MIOTIFY Ltd. offers a suite of innovative software solutions aimed at improving operational efficiency and data management for businesses. Its flagship cloud-based platform integrates functionalities such as data analytics, customer relationship management (CRM), and project management tools. This suite caters to end-use cases like real-time data analysis, project collaboration, and customer engagement. The products primarily serve mid-sized enterprises and large corporations across industries such as finance, healthcare, and retail, with solutions marketed in North America, Europe, and parts of Asia.In the most recent year of 2019, MIOTIFY Ltd. reported revenue of GBP 629,644.60 and an EBITDA of GBP -547,826.40. The company operates on a subscription-based model, charging clients a recurring fee for access to its software solutions. This structure fosters long-term partnerships and allows clients to select tiered subscription packages tailored to their operational needs, ensuring a steady revenue stream from a diverse clientele.MIOTIFY Ltd. is focused on future growth by designing new products that enhance its existing suite, with plans to launch these innovations in the coming years. The company aims to expand its market reach into regions across Europe and Asia by 2025. The GBP 350,000 raised in the Seed funding round will be utilized to support these initiatives, including product development and market expansion efforts.

## Funding rounds

- Seed, Oct 27, 2017, $0.5M — Mercia Asset Management

## Investors

- Mercia Asset Management (https://capitalatlas.ai/funds/mercia-asset-management) — Seed