Solomoto

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Solomoto - overview

Established

2015

Location

Tel Aviv-Yafo, -, Israel

Primary Industry

Marketing/Advertising

About

Solomoto is a software solutions provider that enhances operational efficiency for businesses, offering tools for project management and analytics to improve collaborative workflows and strategic decision-making. Founded in 2015 and headquartered in Tel Aviv-Yafo, Israel, Solomoto specializes in developing software that optimizes business operations. The company has received a total funding of USD 5. 00 mn in a Series A round on February 1, 2016, led by investors GVA Capital and iAngels Crowd Ltd.


The CEO, Mauro Depetris, has a background in driving tech innovations, although further details about his past ventures are not available. Solomoto specializes in offering software solutions that streamline operational efficiencies for businesses across various sectors. Their core product suite includes a comprehensive project management tool designed to enhance collaboration and resource allocation among teams, as well as an analytics platform that provides real-time insights for data-driven decision-making. The company serves a diverse clientele, including small to medium-sized enterprises (SMEs) and large corporations, across industries such as technology, healthcare, and finance.


Their offerings are accessible in geographical markets including North America, Europe, and select regions in Asia. Solomoto generates revenue through a subscription-based model, providing clients with tiered pricing plans that offer various access levels to their software solutions. These plans cater to different sizes and types of organizations, promoting flexibility in service usage. Clients typically engage in annual contracts that include regular updates, customer support, and additional features tailored to specific needs, fostering long-term partnerships and predictable revenue streams for the company.


With the recent Series A financing of USD 5. 00 mn raised on February 1, 2016, Solomoto plans to expand its product offerings by launching new features designed for enhanced user experience, with anticipated releases slated over the next year. Furthermore, the company is focusing on geographic expansion into new markets, specifically targeting regions in Asia and additional territories within Europe by 2018, intending to broaden their customer base and increase market presence.


Current Investors

Blumberg Capital, iAngels Crowd Ltd, GVA Capital

Primary Industry

Marketing/Advertising

Sub Industries

Public Relations & Communications

Website

https://solomoto.com/

Company Stage

Series A

Total Amount Raised

Subscriber access only

Solomoto - 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)
Series ACompletedSolomoto-
Series ACompletedSolomoto-
AngelCompletedSolomoto-

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Solomoto - employee data

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