# SoChatti

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

- Industry: Food
- Headquarters: Indianapolis, US
- Website: www.sochatti.com
- Total disclosed funding: $5.3M
- Latest round: Series A (Oct 22, 2021)
- Investors on record: 1

## About

SoChatti is a company that specializes in ecommerce software solutions, allowing businesses to efficiently create and manage online stores with integrated payment processing, inventory management, and customer engagement tools.Founded in 2013 in Indianapolis, US, SoChatti offers ecommerce software that facilitates the creation and management of online stores. The company raised USD 5.25 mn in its Series A funding round on October 22, 2021, led by Elevate Ventures. Matt Rubin serves as the CEO and founder of the company, which has completed a total of 4 deals to date.SoChatti's core offering centers around its ecommerce software, enabling businesses to build and manage online stores efficiently. This platform includes a comprehensive set of tools for customizable website creation, payment processing, inventory management, and customer engagement. Targeting small to medium-sized enterprises, SoChatti serves diverse industries such as retail, fashion, and electronics, and has clients across North America, Europe, and parts of Asia.SoChatti generates revenue through a subscription-based model, charging clients a recurring fee for access to the ecommerce platform. Businesses can choose from various pricing plans based on their specific needs, which may include additional storage and advanced analytics. Revenue is also obtained through transaction fees on sales made via the platform, ensuring a steady income stream while allowing clients to scale operations as they grow.Following its most recent funding round in October 2021, SoChatti plans to utilize the USD 5.25 mn raised to acquire equipment aimed at enhancing research and development, expanding sales distribution of existing products, and launching new product developments. The company is focusing on increasing its market presence by targeting new geographic regions, although specific markets have not been disclosed.

## Funding rounds

- Series A, Oct 22, 2021, $5.3M — Elevate Ventures

## Investors

- Elevate Ventures (https://capitalatlas.ai/funds/elevate-ventures) — Series A