# Selltis

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

- Industry: Software
- Headquarters: Mandeville, US
- Website: www.selltis.com
- Total disclosed funding: $3M
- Latest round: Series B (Oct 26, 2001)
- Investors on record: 2

## About

Selltis LLC specializes in providing a Customer Relationship Management (CRM) solution designed for industrial and technical sales organizations, enhancing their sales processes through targeted management tools.Founded in 2000 and headquartered in Mandeville, US, Selltis LLC offers a CRM solution tailored for industrial sales teams. The company has undergone no significant pivots since its inception. The founder, Arash Niktarash, has previously been involved in other entrepreneurial endeavors. Selltis raised USD 3.00 mn in its latest funding round, Series B, on November 27, 2007, with investors including Advantage Capital Partners and Koerner Capital. The total amount raised by the company to date stands at USD 3.00 mn, with a record of 2 total deals.Selltis primarily offers a Customer Relationship Management (CRM) solution specifically designed for industrial and technical sales organizations. The Selltis CRM enables teams to effectively manage their sales processes by providing tools for identifying, tracking, and converting sales opportunities from lead generation to closure. This solution addresses the unique challenges faced by industrial sales teams, focusing on improving the effectiveness of sales channels without requiring extensive reinvention. The service is utilized by distributors, manufacturers, and sales representatives across various geographical markets, particularly in North America and Europe, where the demand for specialized CRM solutions in industrial sectors is significant.Selltis generates revenue through a subscription model for its CRM services, which typically involves tiered pricing plans tailored to the needs of industrial sales organizations. Clients subscribe to access the software, which includes features designed to streamline sales cycles and enhance data management. The revenue structure is primarily B2B, where businesses pay a recurring fee based on the number of users or additional features selected. Selltis's flagship product, the Selltis CRM, serves as the foundation for these transactions, establishing long-term partnerships with clients who benefit from continuous support and software updates as part of their subscription.Selltis is focused on expanding its product offerings and markets. The company continues to enhance its CRM solution with new features aimed at improving user experience and effectiveness, with future updates planned within the next year. Additionally, Selltis aims to penetrate more European markets by the end of 2025 and is leveraging the recent funding of USD 3.00 mn raised from Advantage Capital Partners and Enhanced Capital Partners to support these growth initiatives.

## Funding rounds

- Series B, Oct 26, 2001, $3M — Advantage Capital, Koerner Capital

## Investors

- Advantage Capital — Series B
- Koerner Capital — Series B