# Vico Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vico-software

- Industry: Software
- Headquarters: Boulder, US
- Website: www.vicosoftware.com
- Total disclosed funding: $3.6M
- Latest round: Series B (Oct 6, 2009)
- Investors on record: 3

## About

Vico Software provides advanced software solutions designed to enhance operational efficiencies within various sectors, including finance and healthcare, through automation and real-time analytics.Founded in 2007 in Boulder, US, Vico Software specializes in operational efficiency solutions. The company has undergone strategic pivots and has not been reported as a subsidiary or involved in merges. Giorgi Romanadze, the founder, has a history of entrepreneurship. The company has raised a total of USD 3.60 mn across various funding rounds, with its most recent funding being a Series B round amounting to USD 3.60 mn in November 2012, backed by Borealis Ventures, Highway 12 Ventures, and Village Ventures. The firm has completed a total of 2 deals, with the latest deal occurring on 2012-11-02 when Trimble Navigation Limited acquired Vico Software for an undisclosed sum.Vico Software specializes in a suite of innovative solutions tailored for the technology sector. Their core offerings include an advanced software platform designed to automate key processes and provide real-time analytics, catering to a diverse clientele in industries such as finance, healthcare, and logistics. These solutions, which emphasize operational efficiency and improved decision-making, have been continuously updated based on user feedback and industry trends. The company serves clients across North America, Europe, and parts of Asia, enabling organizations to leverage technology for enhanced competitive advantage.Vico Software generates revenue through a subscription-based model that allows clients to access its software services regularly. This transactional structure features tiered pricing plans catering to various business sizes, while premium features are available at higher subscription levels. The company also engages in B2B partnerships, facilitating bulk licensing agreements with larger organizations. Their flagship products have contributed to sustained revenue growth through strategic pricing and partnerships, reinforcing their reputation in the market.Vico Software is focusing on developing new products that enhance its software offerings, with plans to release these innovations in upcoming quarters. The company aims to expand its presence in international markets, specifically targeting regions in Asia and Europe by the end of 2023. The recent Series B funding round will support these initiatives, enabling the company to enhance its product development and market penetration strategies.

## Funding rounds

- Series B, Oct 6, 2009, $3.6M — Highway 12 Ventures, Village Ventures, Borealis Ventures

## Investors

- Highway 12 Ventures (https://capitalatlas.ai/funds/highway-12-ventures) — Series B
- Village Ventures (https://capitalatlas.ai/funds/village-ventures) — Series B
- Borealis Ventures (https://capitalatlas.ai/funds/borealis-ventures) — Series B
