# Stravito

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

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.stravito.com
- Total disclosed funding: $24M
- Latest round: Series A (Sep 2, 2021)
- Investors on record: 4

## About

Stravito AB is an innovative company specializing in AI-driven knowledge management platforms that enhance organizational insight access and data utilization.Founded in 2017 in Stockholm, Sweden, Stravito AB develops a platform designed for efficient data management and insight retrieval. The company has successfully closed three funding deals, with their latest being a Series A round on September 2, 2021, raising EUR 12.4 million led by Endeit Capital, along with investors Creades, Inventure, and henQ. The CEO is Thor P, and the founder is Anders Örbom.Stravito offers an AI-powered knowledge management platform that enhances access to insights within organizations. Its primary product serves as a comprehensive insights engine, allowing users to manage and retrieve both internal and external data efficiently. The platform integrates seamlessly with existing tools, enabling self-service access to tailored insights via an advanced AI-powered search function. It caters to a variety of sectors, including consumer goods, airlines, and beverages, serving clients such as Nestle USA and Delta Airlines across North America, Europe, and Asia.In 2022, Stravito reported a revenue of EUR 5,759,597.90, while its EBITDA for the same year was EUR -3,153,521. The company's revenue model is based primarily on subscription fees from businesses requiring continuous access to its knowledge management solutions, which include various pricing plans tailored to organizational size and feature needs.Following the Series A funding of EUR 12.4 million in September 2021, Stravito AB plans to accelerate product development and extend its global reach, with a particular emphasis on penetrating the US market. The company is focused on launching new products within the next year to enhance its platform's capabilities, thereby expanding its client base and geographic presence.

## Funding rounds

- Series A, Sep 2, 2021, $15M — Inventure, henQ, Endeit Capital, Creades
- Seed, Apr 4, 2019, $6.3M — Inventure, henQ, Creades
- Seed, Apr 17, 2018, $2.6M — Inventure, Creades

## Investors

- Inventure (https://capitalatlas.ai/funds/inventure) — Seed, Series A
- Creades — Seed, Series A
- henQ (https://capitalatlas.ai/funds/henq) — Seed, Series A
- Endeit Capital (https://capitalatlas.ai/funds/endeit-capital) — Series A
