Stelae Technologies

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Stelae Technologies - overview

Established

2012

Location

Chennai, Tamil Nadu, India

Primary Industry

Software

About

Stelae Technologies offers innovative solutions in document and content management, focusing on enhancing operational efficiency for businesses through advanced data processing technologies. Founded in 2012 and headquartered in Chennai, India, Stelae Technologies specializes in document management and processing solutions. The company has undergone strategic enhancements to its operations to align with evolving market needs. Aruna Schwarz leads the company as CEO.


In February 2020, the company raised INR 13. 82 million in funding from Shell India Markets Private Limited, which valued Stelae Technologies at INR 1. 53 billion post-money. To date, Stelae Technologies has executed three notable deals.


Stelae Technologies provides comprehensive document and content management solutions designed to optimize data processing and enhance operational workflows for businesses. The company's services cater to various sectors, ensuring efficient management and retrieval of information while fostering better decision-making and productivity. Their offerings include advanced data extraction, processing, and document lifecycle management, supporting organizations in achieving significant operational efficiency. For the financial year 2022, Stelae Technologies reported revenue of INR 47,302.


1 mn and an EBITDA of INR 11,257. 7 mn, indicative of a robust financial performance underpinned by its innovative service offerings. Stelae Technologies plans to leverage its recent funding of INR 13. 82 million to develop new products focused on enhancing document automation capabilities, with projected launches in late 2023.


The company aims to expand its market presence into Southeast Asia by 2024, targeting countries such as Indonesia and Malaysia. The funding will support the development of new features tailored to regional needs, ensuring Stelae Technologies effectively meets the demands of an evolving market landscape.


Current Investors

Shell India Markets Private Limited, Cross Border Angels, Saha Asset Advisors

Primary Industry

Software

Sub Industries

Content Management Software

Website

www.stelae-technologies.com

Company Stage

Angel & Seed

Total Amount Raised

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Stelae Technologies - timeline of key events

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Stelae Technologies - financials

Fiscal Year EndedMar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022
Revenue (USD)-17,812,0517,770,0008,020,0001,034,40088,8802,034,821---
% Revenue Growth (YoY)--(56.4%)3.2%(87.1%)(91.4%)2189.4%---
EBITDA (USD)1,206,354-(6,820,597)(22,887,482)(14,631,909)(14,697,538)(3,328,880)---
Operating Income (USD)776,614-(8,590,199)(25,642,925)(19,336,813)(19,899,350)(8,001,017)---
Operating Margin--(110.6%)(319.7%)(1869.4%)(22389.0%)(393.2%)---
% EBITDA Margin--(87.8%)(285.4%)(1414.5%)(16536.4%)(163.6%)---
NET Income (USD)266,622902,478(8,644,605)(27,667,244)(26,815,868)(27,983,841)(15,053,772)---
% Net Margin-5.1%(111.3%)(345.0%)(2592.4%)(31485.0%)(739.8%)---

Stelae Technologies - employee data

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