# Mochila

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mochila-2

- Industry: Software
- Headquarters: New York, US
- Website: www.mochila.com
- Total disclosed funding: $8M
- Latest round: Series E (Dec 15, 2010)
- Investors on record: 3

## About

Mochila Inc is a technology company focused on delivering advanced software solutions that enhance operational efficiency across various sectors, utilizing artificial intelligence and data analytics to optimize business processes.Founded in 2001 in New York, US, Mochila Inc specializes in innovative technology solutions aimed at streamlining operations. The company has undergone significant changes, including a notable acquisition by Inform Technologies in June 2012. Evan Kaseguma, the founder, has a history of entrepreneurship, though no additional previous ventures are detailed. Since inception, Mochila has completed 5 deals, with its latest funding round, which raised USD 1.01 mn, attracting investors such as CRV and Mission Ventures.Mochila Inc provides innovative technology solutions designed to streamline operational processes across various industries. Their main offerings include a sophisticated software platform that integrates artificial intelligence and data analytics to improve decision-making and resource management. These products address issues like workflow inefficiencies and data silos, catering to mid-sized enterprises and large corporations in sectors like logistics, manufacturing, and retail. Their solutions are marketed in North America and Europe, responding to the increasing demand for digital transformation in these regions.The company generates revenue through a subscription-based model, offering various pricing tiers tailored to different organizational needs. Their flagship software is available via monthly or annual subscriptions, depending on user counts and feature requirements. Clients subscribe directly to the software, gaining continuous updates and support. Additionally, partnerships with industry-specific consultants enhance revenue through referral agreements, ensuring a steady income stream while meeting client demands.Mochila Inc is strategically focusing on expanding its product offerings and entering new markets. It plans to launch new products designed to further enhance operational efficiency, although specific release dates are not mentioned. The company aims to expand its market presence in Europe and Asia by 2024. The recent funding round of USD 1.01 mn will be utilized to support these initiatives, ensuring the company is well-positioned for future growth. Following the acquisition by Inform Technologies in June 2012, Mochila is poised to leverage new opportunities that arise from being part of a larger entity.

## Funding rounds

- Series E, Dec 15, 2010 — Mission Ventures, Greenspun Corporation
- Series B, Jan 2, 2007, $8M — CRV, Mission Ventures, Greenspun Corporation

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Series B
- Mission Ventures (https://capitalatlas.ai/funds/mission-ventures) — Series B, Series E
- Greenspun Corporation — Series B, Series E