Spotcap Global Services GmbH

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Spotcap Global Services GmbH - overview

Established

2014

Location

Berlin, -, Germany

Primary Industry

Financial Services

About

Spotcap Global Services GmbH offers digital solutions for businesses, specializing in web hosting, cloud infrastructure, and application management, aiming to improve operational efficiency and online presence for diverse clients. Founded in 2014, Spotcap Global Services GmbH operates from Berlin, Germany, and focuses on providing digital services to businesses. The company has engaged in 8 deals with its most recent deal on October 19, 2020, when it became a subsidiary of The Ferratum Group. The company has not undergone any significant pivots or changes in strategy since its inception.


Its founder's history and prior ventures are not specified. In its latest funding round, which raised EUR 22. 00 mn in 2020, the investors included Heartland, and this amount constitutes the total raised by the company. Spotcap specializes in a comprehensive suite of digital solutions for various business sectors, including advanced web hosting services, cloud-based infrastructure, and specialized application management tools.


These services are tailored to enhance online performance and operational efficiency for a diverse range of clients, from small startups to large enterprises, addressing critical issues like website performance and data security. The company primarily markets these products in North America and Europe. Spotcap generates revenue through a subscription-based model, where clients pay for access to a range of digital services. This includes tiered pricing plans that cater to different business needs, from individual entrepreneurs to large corporations, encouraging long-term partnerships through annual or multi-year agreements.


The flagship offerings include premium web hosting services and dedicated support packages aimed at ensuring optimal operational performance. The EBITDA for the most recent year, 2020, was EUR -1,906,543. 30. Looking ahead, Spotcap Global Services GmbH aims to launch new products designed to enhance its service offerings.


The company is also focused on expanding into additional markets, specifically targeting regions in Europe and North America by 2022. The recent funding of EUR 22. 00 mn will support these initiatives, helping to facilitate further development and market expansion. The recent acquisition by The Ferratum Group on October 19, 2020, is expected to enhance Spotcap's growth strategy.


Current Investors

Access Industries, HV Capital, Rocket Internet SE

Primary Industry

Financial Services

Sub Industries

Consumer Finance, Credit Collections & Services, e-Financial

Website

www.spotcap.com

Verticals

FinTech

Company Stage

Acquired

Total Amount Raised

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