# Stotles

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

- Industry: Software
- Headquarters: London, UK
- Website: www.stotles.com
- Total disclosed funding: $21M
- Latest round: Series A (May 18, 2025)
- Investors on record: 8

## About

Stotles Ltd. is a UK-based company providing an AI-powered SaaS platform that simplifies the process of securing public sector contracts and enhances government tendering.Founded in 2019 and headquartered in London, UK, Stotles Ltd. specializes in streamlining public sector procurement. The company's structure and operations have remained consistent since inception, focusing on optimizing access to procurement data. Founded by Carsten Schaltz, John Witt, and Taj K, the company has completed 5 funding deals, with the latest being a Series A round where it raised EUR 11.5 million from investors including Acton Capital, Form Ventures, Headline, and Seedcamp. The total amount raised by Stotles to date is EUR 11.5 million.Stotles offers a comprehensive AI-powered platform designed to streamline the process of winning public sector contracts and simplify government tendering. The core product aggregates procurement data from numerous government portals, utilizing artificial intelligence to identify and surface relevant opportunities for clients. By providing insights into buyer activity and early buying signals, the platform enables users to engage decision-makers before tenders are published. Stotles serves a diverse client base, including small to large organizations across various sectors that seek to compete in the public sector market, which is valued at approximately GBP 400 billion. The platform is marketed primarily in the United Kingdom but is also expanding its reach internationally, catering to businesses that require efficient procurement solutions.Stotles generates revenue through a subscription-based model, offering various pricing plans tailored to the needs of its users. Customers can access features such as AI-powered bid qualification tools, opportunity tracking, and custom analyst reports based on their selected plan. The company’s structure allows for flexible team access, accommodating multiple users within an organization on any chosen plan. Transactions typically involve subscriptions that enable clients to leverage the full capabilities of the platform, including integrations with tools like Salesforce and Microsoft Teams. The company’s flagship offerings, particularly its AI-driven insights and centralized tender tracking features, are critical to its value proposition and revenue generation strategy.In May 2025, Stotles Ltd. raised EUR 11.5 million in a Series A funding round co-led by returning investors Acton Capital and Headline, with participation from Form Ventures and Seedcamp. The company plans to utilize this funding to accelerate the development of its platform and expand its market presence in the United States. Stotles focuses on designing new features to enhance user experience and plans to launch these products as part of its growth strategy, aiming to establish a stronger foothold in international markets.

## Funding rounds

- Series A, May 18, 2025, $13M — Headline, Acton Capital, Seedcamp, Form Ventures
- Seed, Jun 10, 2022, $6.2M — Headline, Seedcamp, Speedinvest, FJ Labs, 7percent Ventures, Form Ventures, GTMfund
- Seed, Aug 1, 2020, $2.1M — Speedinvest, FJ Labs, 7percent Ventures

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- 7percent Ventures (https://capitalatlas.ai/funds/7percent-ventures) — Seed
- Headline (https://capitalatlas.ai/funds/headline) — Seed, Series A
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed, Series A
- Form Ventures (https://capitalatlas.ai/funds/form-ventures) — Seed, Series A
- GTMfund (https://capitalatlas.ai/funds/gtmfund) — Seed
- Acton Capital (https://capitalatlas.ai/funds/acton-capital) — Series A