# Saltmine USA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/saltmine-usa

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.saltmine.com
- Total disclosed funding: $20M
- Latest round: Series A (Dec 11, 2024)
- Investors on record: 5

## About

Based in the US, Saltmine USA Inc. provides an enterprise workplace optimization platform that enhances workplace efficiency through intelligent data integration within a collaborative cloud environment.Saltmine USA Inc. is focused on optimizing workplace efficiency through a comprehensive platform. Founded in 2017 in San Francisco, US, by Shagufta Anurag, the company has raised a total of USD 8.00 mn through four deals, with the latest funding being a Series A round completed on December 11, 2024, led by investors JLL Spark, Jungle Ventures, and Xplorer Capital. The company's current valuation stands at USD 63.70 mn.Saltmine primarily offers an enterprise workplace optimization platform designed to enhance workplace efficiency through the intelligent automation and integration of people, data, and processes within a collaborative cloud-based environment. The platform serves as an intelligent spatial database that captures and manages real estate assets, enabling organizations to develop a human-centric workplace ecosystem. Saltmine's solutions facilitate workplace teams in analyzing contextual insights and making informed decisions to enhance productivity and employee satisfaction. Key functionalities include space planning, design acceleration, project cost reduction, and consistent quality execution. This platform is utilized across various industries, particularly by enterprise clients in sectors such as fintech, technology, and real estate, with a global customer base spanning North America, Europe, and Asia.Saltmine’s revenue model is structured around subscription-based agreements, where clients engage in long-term partnerships to leverage the platform's capabilities. Transactions typically involve enterprise clients subscribing to the full suite of workplace optimization tools and services, which includes features like workplace guidelines, scenario planning, and visualization tools. Clients benefit from tailored pricing plans that correspond to the scale of their operations and specific needs. The company focuses on B2B transactions, catering to large organizations that require comprehensive solutions for their real estate and workplace management. Saltmine's flagship offering remains its central optimization platform, which has been instrumental in driving operational efficiencies and significant cost savings for its users.In December 2024, Saltmine USA Inc. raised USD 8.00 mn in a Series A funding round led by Rigel Capital. The company plans to leverage this funding for the development of new features and enhancements to its platform, targeting an expansion into markets across North America and Europe by mid-2025. Saltmine is also exploring opportunities to introduce additional tools aimed at improving workplace management and automating processes further.

## Funding rounds

- Series A, Dec 11, 2024 — Rigel Capital
- Series A, Jan 27, 2021, $8M — Jungle Ventures, Xplorer Capital, JLL Spark
- Series A, Sep 12, 2019, $10M — Jungle Ventures, Xplorer Capital
- Seed, Jul 26, 2018, $2.3M — Jungle Ventures, Singapore Medical Group

## Investors

- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Seed, Series A
- Singapore Medical Group — Seed
- Xplorer Capital (https://capitalatlas.ai/funds/xplorer-capital) — Series A
- JLL Spark (https://capitalatlas.ai/funds/jll-spark) — Series A
- Rigel Capital (https://capitalatlas.ai/funds/rigel-capital) — Series A