# Occtoo

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

- Industry: Software
- Headquarters: Sweden
- Website: www.occtoo.com
- Total disclosed funding: $7.2M
- Latest round: Seed (Nov 23, 2022)
- Investors on record: 3

## About

Occtoo AB, located in Skåne County, Sweden, provides an innovative Experience Data Platform that enhances organizations' abilities to collect and utilize experience data across multiple channels effectively.Founded in 2018 in Sweden, Occtoo specializes in experience data management. The company, co-founded by Jimmy Ekbäck and Ka Mollin, has received EUR 4.6 mn in Seed funding led by Newion Investments in November 2022. With total funding of EUR 4.6 mn, Occtoo has completed two funding deals to date.Occtoo's primary offering is its Experience Data Platform, designed to unify and streamline the collection and utilization of experience data across various channels. This platform enables organizations to quickly develop digital experiences tailored to their specific needs by integrating content, customer information, and contextual data from multiple sources. The no-code studio allows users to create mobile applications, web features, and in-car applications without requiring extensive technical skills, thus enhancing agility in digital initiatives. The platform serves a diverse client base, including businesses in B2B and B2C sectors, and facilitates seamless data usage across channels, improving customer interactions and experiences. Geographically, Occtoo's solutions are marketed and utilized in various international markets, reflecting a global approach to customer experience innovation.Occtoo generated revenue of EUR 2,278.20 mn in 2023 through its subscription-based model, which caters to businesses seeking to leverage its Experience Data Platform for enhanced customer experience capabilities. Clients typically engage through tiered subscription plans that allow organizations to scale their usage based on specific needs. The platform’s capabilities, including the creation of Digital Product Passports, are central to its value proposition in the market.In November 2022, Occtoo AB raised EUR 4.6 mn in Seed funding, which will be utilized for expansion, product development, and growing the partner network. The company aims to launch new products designed to enhance its platform further and plans to expand into additional international markets within the next year.

## Funding rounds

- Seed, Nov 23, 2022, $4.8M — Industrifonden, Newion Investments, 42Cap
- Seed, Dec 16, 2020, $2.5M — Industrifonden, 42Cap

## Investors

- Industrifonden (https://capitalatlas.ai/funds/industrifonden) — Seed
- 42Cap (https://capitalatlas.ai/funds/42cap) — Seed
- Newion Investments (https://capitalatlas.ai/funds/newion-investments) — Seed