# Sqoot

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

- Industry: Marketing/Advertising
- Headquarters: Chicago, US
- Website: www.sqoot.com
- Total disclosed funding: $0M
- Latest round: Seed (Feb 9, 2012)
- Investors on record: 2

## About

Sqoot is a data-driven platform that helps businesses discover and manage their local marketing opportunities through a streamlined process, enhancing customer engagement and outreach capabilities.Sqoot is a company focused on providing a platform for businesses to connect with local marketing opportunities. Founded in Chicago, US, the company went through a significant transition in May 2013 when it was sold to Clutch. The company has raised USD 0.02 mn in its Seed round from DreamIt Ventures and has completed a total of 3 deals.Sqoot offers a platform that utilizes data to help businesses identify and manage local marketing opportunities effectively. The service is tailored to enhance customer engagement by simplifying the process of discovering relevant local promotions and outreach options.Sqoot operates on a commission-based revenue model, earning income through partnerships with various local businesses and marketing services. Clients access the platform for free, with revenue generated as businesses engage with local marketing opportunities facilitated by Sqoot.With its recent funding in May 2013, Sqoot plans to expand its platform capabilities by developing new features aimed at improving the user experience and enhancing data analytics. The company is also looking to penetrate additional markets in North America, targeting regions with large local business communities, to broaden its customer base and increase its service offerings.

## Funding rounds

- Seed, Feb 9, 2012 — 500 Global
- Seed, Jan 1, 2010, $0M — DreamIt Ventures

## Investors

- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed