# Silo Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/silo-technologies

- Industry: Software
- Headquarters: West Hollywood, US
- Website: https://usesilo.com/
- Total disclosed funding: $76M
- Latest round: Series D (Dec 13, 2023)
- Investors on record: 7

## About

Based in the US, Silo Technologies, Inc. provides innovative cloud-based solutions that enhance operational efficiency and improve user experience across various sectors, including healthcare, finance, and retail.Founded in 2018 and headquartered in West Hollywood, US, Silo Technologies, Inc. focuses on providing a cloud-based platform that integrates with existing systems. The company has successfully completed 6 deals with a total amount raised of USD 35.00 mn, reflecting a solid growth trajectory since its inception. Ashton Braun, the CEO and founder, has a background in technology startups, contributing valuable experience to the organization. The company received its latest funding, a Series D round, in October 2024 from Koch Disruptive Technologies, bringing its total valuation to USD 458.72 mn.Silo Technologies, Inc. specializes in delivering innovative cloud-based solutions that enhance operational efficiency and user experience. Their primary offering is a platform that facilitates real-time data analytics and workflow automation, designed to address industry challenges like data silos and poor communication. This product is utilized by a diverse clientele in healthcare, finance, and retail sectors, and is available in North America, Europe, and select Asian markets.The company primarily generates revenue through a subscription-based model, with clients entering into annual contracts for access to their cloud-based platform and additional services such as customer support and software updates. These offerings are tiered to accommodate various organizational sizes, enhancing the overall client experience. Collaborations with key industry players further bolster the revenue streams by integrating complementary services into their core offerings.Silo Technologies, Inc. is set to expand its product line with key enhancements aimed at strengthening inventory management, accounting, and payment processing capabilities, supported by the recent venture funding received on October 1, 2024. The company plans to target new markets, particularly grower-shippers, enhancing their geographical footprint in specific regions. The funding will be utilized to drive these strategic initiatives forward, ensuring the company remains responsive to market demands and client needs.

## Funding rounds

- Series D, Dec 13, 2023, $35M — Koch Disruptive Technologies
- Series C, Jul 12, 2023, $32M — Moore Capital Management - Private Equity, Andreessen Horowitz, Haystack, Koch Disruptive Technologies, Tribe Capital, Collate Capital
- Series A, Sep 24, 2020, $9M — Andreessen Horowitz, Initialized Capital, Haystack

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series C
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Series A
- Haystack (https://capitalatlas.ai/funds/haystack) — Series A, Series C
- Moore Capital Management - Private Equity — Series C
- Koch Disruptive Technologies (https://capitalatlas.ai/funds/koch-disruptive-technologies) — Series C, Series D
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series C
- Collate Capital (https://capitalatlas.ai/funds/collate-capital) — Series C