# Naadam

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

- Industry: Retail
- Headquarters: New York, US
- Website: www.naadam.co
- Total disclosed funding: $16M
- Latest round: Series A (Jul 17, 2018)
- Investors on record: 10

## About

Naadam Inc. is a company specializing in innovative technology solutions that enhance operational efficiency and productivity for businesses across various sectors, including healthcare, finance, and logistics.Founded in 2010, Naadam Inc. is based in New York, US, and focuses on providing advanced technology solutions tailored to client needs. The company has undergone strategic pivots to adapt its offerings to changing market demands. The founders, Diederik Rijsemus and Matthew Scanlan, have a history of entrepreneurship, which has been crucial in steering Naadam's direction. In July 2018, Naadam raised USD 16.00 mn in a Series A funding round, led by Vanterra Capital, with participation from multiple investors. The total amount raised by the company stands at USD 16.00 mn, indicating a focused approach to securing investment for its growth initiatives.Naadam Inc. offers a variety of products aimed at addressing specific operational needs across multiple markets. Their core technologies facilitate seamless integration and automation in client operations, enhancing efficiency and productivity. These solutions have been well-received in sectors like healthcare, finance, and logistics, allowing for real-time data analysis and informed decision-making. Naadam has established operations in North America, Europe, and parts of Asia, catering to a diverse range of businesses seeking technological solutions to optimize their workflows.Naadam's revenue model primarily revolves around a subscription service, granting clients access to its comprehensive suite of products and services. This approach promotes ongoing customer relationships through regular updates and support. Clients typically engage in subscriptions that offer various service tiers, including access to premium features and additional user licenses. Naadam has fostered strong partnerships with B2B clients, allowing these businesses to offer Naadam's services directly to end consumers through their platforms. Pricing structures are designed to accommodate a variety of business needs, enabling clients to choose options that align with their operational goals and budget.Naadam Inc. plans to launch new products designed to further enhance operational efficiency, with specific release dates yet to be announced. The company is targeting expansion into additional markets in North America and Europe by 2025. The recent funding of USD 16.00 mn will be instrumental in supporting these initiatives, allowing Naadam to invest in product development and market penetration strategies. This proactive approach positions the company to capitalize on emerging opportunities in the technology sector.

## Funding rounds

- Series A, Jul 17, 2018, $16M — Vanterra Capital, Plug and Play, Angel Capital Management, U-Start Ventures, Black Jays Investments, Rancilio Cube, TGZ Capital, Trail Post Ventures, Torch Capital
- Seed, Mar 1, 2017 — Reshape Holdings, Black Jays Investments

## Investors

- Reshape Holdings (https://capitalatlas.ai/funds/reshape-holdings) — Seed
- Black Jays Investments (https://capitalatlas.ai/funds/black-jays-investments) — Seed, Series A
- Vanterra Capital — Series A
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series A
- Angel Capital Management (https://capitalatlas.ai/funds/angel-capital-management) — Series A
- U-Start Ventures (https://capitalatlas.ai/funds/u-start-ventures) — Series A
- Rancilio Cube (https://capitalatlas.ai/funds/rancilio-cube) — Series A
- TGZ Capital (https://capitalatlas.ai/funds/tgz-capital) — Series A
- Trail Post Ventures (https://capitalatlas.ai/funds/trail-post-ventures) — Series A
- Torch Capital (https://capitalatlas.ai/funds/torch-capital) — Series A