# Somo Global

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/somo-global

- Industry: Marketing/Advertising
- Headquarters: London, UK
- Website: www.somoglobal.com
- Latest round: Series B (Apr 8, 2013)
- Investors on record: 1

## About

Somo Global Ltd is a technology company focused on delivering innovative software solutions to enhance operational efficiency across various sectors, specializing in data analytics and process automation.Founded in 2010 in London, UK, Somo Global Ltd specializes in providing technological solutions for businesses. The company was acquired by CI&T, Inc. in January 2022 for GBP 49 million, allowing CI&T to expand its presence in the EMEA region. The founder, Dave Evans, has a background in technology and innovation.Somo Global Ltd specializes in advanced software applications that facilitate data analytics, process automation, and customer relationship management. Their solutions are tailored for sectors such as healthcare, finance, and retail, helping businesses optimize resource allocation and enhance decision-making. The company serves a diverse clientele, including small to medium-sized enterprises and large corporations primarily in North America and Europe.Somo Global Ltd's revenue model is based on subscription services and software licensing agreements. Clients typically engage in annual or multi-year contracts, providing a steady revenue stream. The company reported an EBITDA of 0 for the most recent year, 2016.Following the acquisition by CI&T, Inc., Somo Global Ltd is positioned to leverage this partnership for future growth. The focus will be on expanding into the EMEA market. The recent GBP 49 million acquisition deal is aimed at enhancing CI&T's operational capabilities in this region. Specific upcoming product launches have not been detailed, but the investment will likely support technology advancements and market penetration efforts.

## Funding rounds

- Series B, Apr 8, 2013 — MMC Ventures

## Investors

- MMC Ventures (https://capitalatlas.ai/funds/mmc-ventures) — Series B