# Okredo

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

- Industry: Information Services
- Headquarters: Vilnius, Lithuania
- Website: www.okredo.com/
- Total disclosed funding: $1.1M
- Latest round: Seed (Nov 18, 2021)
- Investors on record: 3

## About

Based in Vilnius, Lithuania, and founded in 2015, Okredo operates as a software development company that offers various business management services to its clients. The company was Co-founded by its CEO Gerda Jurkoniene and others. In August 2024, Okredo raised EUR 1.2 million in venture funding from unspecified investors. 

The firm offers an open data platform that allows SMEs (Small and Medium Enterprises) to assess the credibility, financial strength, and sales potential of new and existing business partners and customers. The services offered by the firm include credit reports, business interfaces, financial statements, and monitoring services. 

The firm generates revenue by changing for it subscription plans. The various plans offered by the firm are Premium 1 for EUR 599, Premium 2 for EUR 799, and Premium 3 for 999.

The company plans to utilize the August 2024 funding toward creating a scoring system powered by AI and machine learning, featuring multiple modules.

## Funding rounds

- Seed, Nov 18, 2021, $1.1M — Startup Wise Guys, Aneli Capital, Presto Ventures

## Investors

- Startup Wise Guys (https://capitalatlas.ai/funds/startup-wise-guys) — Seed
- Aneli Capital (https://capitalatlas.ai/funds/aneli-capital) — Seed
- Presto Ventures (https://capitalatlas.ai/funds/presto-ventures) — Seed