# Setoo Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/setoo-group

- Industry: Software
- Headquarters: Oxford, UK
- Website: www.setoo.com
- Total disclosed funding: $9.3M
- Latest round: Series A (Sep 17, 2018)
- Investors on record: 1

## About

Setoo Group Limited specializes in delivering innovative software solutions that enhance operational efficiency and user experience across various sectors, including finance, healthcare, and retail.Setoo Group Limited, founded in 2017 and headquartered in Oxford, UK, focuses on providing software solutions for business operations management. The company raised USD 9.3 mn in a Series A funding round led by Kamet Ventures in September 2018, marking its first deal. Founders Eyal Gluska and Noam Shapira have previously been involved in establishing other ventures, contributing to their extensive knowledge in the industry.Setoo Group Limited offers a diverse portfolio of software solutions designed to enhance business operations. Their offerings include real-time data analytics, workflow automation, and customer relationship management tools. These products aim to streamline processes and improve decision-making for enterprises, serving a broad range of clients from small businesses to large corporations primarily in North America and Europe.In the most recent year, Setoo Group Limited reported a revenue of USD 25,603.80 in 2020. The company's revenue model combines subscription-based services and B2B partnerships, which facilitate long-term client relationships. Clients subscribe annually to access software licenses, updates, and support services, while customized agreements cater to specific client needs.Setoo Group Limited plans to utilize the USD 9.3 mn raised in its Series A funding round to support the development of new products and expand into new geographic markets. The company is focusing on releasing additional software solutions aimed at enhancing operational capabilities by late 2023. Additionally, they are targeting expansion into the Asian and Australian markets within the next two years, leveraging their recent funding to facilitate this growth.

## Funding rounds

- Series A, Sep 17, 2018, $9.3M — Kamet Ventures

## Investors

- Kamet Ventures (https://capitalatlas.ai/funds/kamet-ventures) — Series A