Servato Corp.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Servato Corp. - overview

Established

2014

Location

New Orleans, LA-Louisiana, US

Primary Industry

Energy Storage & Batteries

About

Servato Corp. specializes in critical infrastructure management solutions aimed at improving reliability and efficiency within telecom and utility sectors. Their innovative services enhance operational performance and reduce downtime for clients. Servato Corp.


was founded in 2014 and is headquartered in New Orleans, US. The company focuses on providing infrastructure management solutions. Chris Mangum leads the organization as CEO. Servato has completed 4 deals, raising a total of USD 3.


86 mn, including a recent VENTURE DEBT round of USD 3. 5 mn on March 30, 2017. Servato Corp primarily provides critical infrastructure management solutions that focus on enhancing the reliability and operational efficiency of telecom and utility sectors. Their core offering, Adaptive Charging, is designed to double the battery life of telecom batteries, thus addressing the prevalent issue of battery failure and downtime in critical operations.


This service leverages advanced analytics and a comprehensive database of operational data to optimize charging cycles and improve network reliability. Servato's clients include major communications service providers across multiple regions in the United States, with a focus on industries requiring robust infrastructure management. The company's products are utilized in various geographical markets, specifically targeting urban and suburban areas with high demands for telecommunications and utility services. Servato Corp generates revenue through a subscription-based model for its software and hardware solutions, which ensures ongoing support and updates for clients.


Their business transactions typically involve agreements with B2B clients, particularly large telecom companies and utility providers, who integrate Servato's systems into their existing infrastructure. While specific pricing details for individual products or services are not disclosed, the company’s flagship offering, Adaptive Charging, is bundled with comprehensive service agreements tailored to the needs of each client. These partnerships facilitate a continuous revenue stream as clients rely on Servato for critical infrastructure management, enhancing both efficiency and reliability in their operations. Looking ahead, Servato Corp.


plans to innovate further by launching new products designed to enhance their service offerings, with specific timelines for rollout yet to be disclosed. The company is focused on expanding its market presence, particularly in regions with high telecommunications demands, and aims to penetrate new geographic markets by the end of 2018. The recent VENTURE DEBT financing of USD 3. 5 mn will be utilized to support the development of these new products and facilitate their expansion strategy.


Primary Industry

Energy Storage & Batteries

Sub Industries

Energy Storage & Batteries

Website

www.servatocorp.com

Verticals

Clean Technology

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Servato Corp. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Venture DebtCompletedServato Corp.-
Unspecified RoundCompletedServato Corp.-
Venture DebtCompletedServato Corp.-
SeedCompletedServato Corp.-

Displaying 1 - 4 of 4

Servato Corp. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.