Spotta
Latest round
- Seed
Last raised
- May 2020
Total raised
- $1.2M
Investors
- 5
About Spotta
Spotta Ltd, based in the UK, specializes in innovative smart insect monitoring solutions, utilizing IoT technology for real-time pest tracking in sectors like hospitality and agriculture. Founded in 2018 in Cambridge, UK, Spotta Ltd develops advanced pest monitoring solutions. The company operates independently and has not undergone notable changes in its business strategy. Spotta was established by Neil Mathew and Robert Fryers, who have experience in technology and business development. Spotta specializes in smart insect monitoring solutions, utilizing Internet of Things (IoT) technology to provide real-time monitoring of pest activity. Their core offerings include a 24/7 bed bug monitoring system that enables hotel operators to identify and address pest issues before they escalate, thus protecting their reputations and minimizing guest disturbances. Additionally, Spotta offers real-time monitoring for Pine Weevils and red palm weevils, which are crucial for preserving valuable forest resources and palm plantations, respectively. The company’s innovative platform is designed to be adaptable, allowing it to monitor a variety of insect species based on client needs. Spotta's solutions cater primarily to the hospitality and agricultural sectors, with a client base that includes top hotels and agricultural enterprises across the United Kingdom and potentially other markets in Europe. Spotta operates on a subscription-based revenue model, where clients engage in ongoing contracts for their pest monitoring services. This transactional structure typically involves businesses in the hospitality and agriculture sectors subscribing to their monitoring solutions, which provide continuous pest surveillance and alerts. The pricing structure is based on the scope of monitoring required, potentially varying by the number of monitoring devices deployed and the specific services utilized, such as the 24/7 bed bug monitoring or real-time assessments for other pests. As Spotta develops tailored solutions for its clients, the revenue generated from these subscriptions is directly linked to the value provided through enhanced pest control measures and the preservation of client assets.
Who invested in Spotta
5 investors across 1 round
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Funding rounds
Seed
May 4, 2020
Amount
$1.2M
Investors
Questions about Spotta
Who invested in Spotta?
Spotta has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Spotta raised?
Spotta has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Spotta last raise money?
Spotta's most recent round on record is a Seed, in May 2020.
What does Spotta do?
Spotta Ltd, based in the UK, specializes in innovative smart insect monitoring solutions, utilizing IoT technology for real-time pest tracking in sectors like hospitality and agriculture.
Where is Spotta headquartered?
Spotta is headquartered in Cambridge, UK.
Which VCs invest in companies like Spotta?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Spotta's stage. Their profiles are linked below.
VCs backing software startups at Seed
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