Setera Oy

Setera Oy is a telecommunications company that delivers specialized solutions for business clients, ensuring effective communication through tailored services and advanced technologies. Setera Oy, established in 2005, is based in Espoo, Finland, and focuses on providing telecommunications solutions for businesses. The company was founded by Jyrki Larilahti and is currently led by CEO Matti Haramo. Setera has successfully completed 2 deals, with the most recent investment occurring on November 27, 2008, when Nordic Growth invested EUR 5 million, bringing the total amount raised to EUR 5 million.

The company operates independently without any known parent or subsidiary relationships. Setera Communications Oy specializes in delivering tailored telecommunications solutions designed to meet the unique needs of business clients. Their core offerings include enterprise mobile connections, broadband services, customer support solutions, and various communication platforms, which enable seamless integration of voice and data services. The company also provides advanced solutions such as OneCloud, a Unified Communications as a Service (UCaaS) platform, and Microsoft Teams voice services, catering to the growing demand for integrated communication tools among modern enterprises.

Setera serves a diverse clientele across more than 50 countries, focusing on various industries that require reliable and efficient communication channels to enhance operational effectiveness. Their commitment to personalized service ensures that businesses receive solutions perfectly aligned with their specific operational requirements. In 2023, Setera Communications reported a revenue of EUR 4,922,108. 10 and an EBITDA of EUR 570,800.

70. The company operates on a B2B model, primarily engaging with corporate clients through structured service agreements. Revenue is derived from subscriptions to their telecommunications services, including customized mobile plans and cloud-based communication systems. Clients typically enter into annual or multi-year contracts that encompass various service tiers, ensuring scalability and flexibility as their communication needs evolve.

The company's flagship offerings, such as OneCloud and Microsoft Teams voice solutions, are central to their revenue generation, facilitating consistent cash flow through recurring subscription fees. Specific pricing structures align with the level of services utilized, allowing businesses to select the most appropriate plans based on their operational scale and requirements. Setera Oy plans to leverage recent funding to enhance its product offerings and expand its market reach. The company is currently developing new telecommunications solutions, including enhancements to their OneCloud platform and additional features for Microsoft Teams voice services, aimed for launch in 2024.

Setera aims to penetrate new markets in the Nordic region and Central Europe by the end of 2025, expanding its customer base and service distribution. The investment from Nordic Growth in November 2008 will be utilized to support these initiatives, bolstering research and development efforts and facilitating market entry strategies.