# Spot Innovation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spot-innovation

- Industry: Software
- Headquarters: Nashville, US
- Website: http://www.spotwise.co
- Total disclosed funding: $0M
- Latest round: Seed (May 7, 2014)
- Investors on record: 1

## About

Spot Innovation, Inc. specializes in advanced data management solutions that enhance business operations and decision-making for small to medium-sized enterprises across various industries.Founded in 2014 in Nashville, US, Spot Innovation, Inc. focuses on delivering innovative data management solutions. Their journey began with a vision to improve data integration and accessibility for businesses. The company has successfully completed 2 deals, with the latest being a Seed round on August 21, 2014, during which they raised USD 0.030 mn. The founder's previous endeavors in the technology sector have contributed to the company’s strategic approach.Spot Innovation, Inc. offers advanced data management solutions aimed at streamlining business operations. Their primary products include a comprehensive database management system, analytics tools, and cloud storage solutions, all designed to facilitate real-time data processing. Targeted at small to medium-sized enterprises in sectors such as finance, healthcare, and retail, these offerings address challenges related to data integration, security, and accessibility. The products are primarily distributed in North America and parts of Europe, garnering interest from clients seeking efficient data solutions.Spot Innovation, Inc. operates on a subscription-based revenue model, where clients pay recurring fees for access to their data management tools and analytics. This model typically involves annual or monthly subscriptions, providing clients with ongoing updates and support. Their core database management system features tiered pricing plans tailored to meet the diverse needs of businesses, fostering long-term client relationships and ensuring predictable revenue streams through consistent subscription renewals.Looking ahead, Spot Innovation, Inc. plans to leverage its recent Seed funding of USD 0.0275 mn raised in August 2014 to enhance its product offerings and expand its market reach. The company aims to introduce new features and updates for their data management solutions, targeting a launch by the end of 2024. Additionally, they are exploring opportunities to penetrate new geographic markets in Europe and Asia, with the goal of establishing a presence by 2025. The funding will support these initiatives, allowing Spot Innovation to address the evolving needs of their client base and strengthen their competitive position.

## Funding rounds

- Seed, May 7, 2014, $0M — Jumpstart Health Investors

## Investors

- Jumpstart Health Investors (https://capitalatlas.ai/funds/jumpstart-health-investors) — Seed