Satago - About the company
Satago is an acquired company based in London (United Kingdom), founded in 2012 by . It operates as a Provider of a risk management platform for businesses. Satago has raised $33.4M in funding from Lloyds Banking Group. The company has 2162 active competitors, including 442 funded and 296 that have exited. Its top competitors include companies like ComplyAdvantage, Trax and Quantexa.
Company Details
Provider of a risk management platform for businesses. It provides users with a platform that helps businesses manage credit risks, enhance debtor management, and access invoice finance. It offers a platform that enables businesses to get paid and payment on delayed invoices.
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Key Metrics
Founded Year
2012
Location
London, United Kingdom
Stage
Acquired
Total Funding
in 6 rounds
Latest Funding Round
Investors
Ranked
54th among
Annual Revenue
as on Dec 31, 2023
Employee Count
as on Dec 31, 2023
Similar Companies
Exit Details
Acquired by Oxygen Finance (Feb 16, 2017)
Legal entities associated with Satago
Satago is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 12201564 United Kingdom, Deadpooled | Sep 10, 2019 | - | - | |
Feb 09, 2016 | $3.19M (as on Dec 31, 2023) | 39 (as on Dec 31, 2023) |
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Satago's acquisition details
Satago got acquired by Oxygen Finance on Feb 16, 2017.
Click to take a look at Satago's acquisition in detail
Satago's funding and investors
Satago has raised a total funding of $33.4M over 6 rounds. Its first funding round was on Jul 21, 2012. Its latest funding round was a Series B round on Mar 09, 2022 for $12.4M. 1 investor participated in its latest round, lead by Lloyds Banking Group.
Satago has 6 institutional investors including Lloyds Banking Group, and . and 3 others are Angel Investors in Satago.
Here is the list of recent funding rounds of Satago:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Mar 09, 2022 | $12.4M | Series B | 7663874 | 2846142 | |
Mar 20, 2020 | $53.8K | Series A | 1677662 | 6596138 | - |
Mar 22, 2019 | $13.2M | Series A | 8004771 | 1728194 | - |
View details of Satago's funding rounds and investors
Satago's founders and board of directors
The founders of Satago is .
Here are the details of Satago's key team members:
- : CEO & Founder of Satago.
- : CEO of Satago. They are also an angel investor in .Contact Info:
View details of
Satago's employee count trend
Satago has 39 employees as of Dec 23. The total employee count is 3.0% more than what it was in Dec 22. Here is Satago's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
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Satago's Competitors and alternates
Top competitors of Satago include ComplyAdvantage, Trax and Quantexa. Here is the list of Top 10 competitors of Satago, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $137M | TriplePoint Capital, Ontario Teachers' Pension PlanÌý&²¹³¾±è;Ìý | 76/100 |
2nd | Cloud-based data analytics solutions for retail shelf management | $1.03B | HighGear Ventures, Warburg PincusÌý&²¹³¾±è;Ìý | 74/100 | |
3rd | Quantexa 2016, London (United Kingdom), Series F | AI powered data and decision intelligence solutions | $546M | Macquarie Group, Warburg PincusÌý&²¹³¾±è;Ìý | 74/100 |
4th | ![]() Yoti 2014, London (United Kingdom), Series B | Identity verification solutions for multiple industries | $210M | HSBC, Lloyds Banking GroupÌý&²¹³¾±è;Ìý | 71/100 |
5th | ![]() Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | HTIF, Genesis PartnersÌý&²¹³¾±è;Ìý | 70/100 |
6th | Cloud based KYC and AML management software | $181M | BNP Paribas, InvestecÌý&²¹³¾±è;Ìý | 69/100 | |
7th | Encompass 2011, Glasgow (United Kingdom), Series B | Cloud-based KYC automation software for banking, investment, legal, and accountancy sectors | $198M | Perle Ventures, Ìý&²¹³¾±è;Ìý | 69/100 |
8th | ![]() Alloy 2015, New York City (United States), Series C | Identity decisioning platform for banks and fintech firms | $208M | Bessemer Venture Partners, Harmony PartnersÌý&²¹³¾±è;Ìý | 69/100 |
9th | Bottomline Technologies 1989, Portsmouth (United States), Acquired | Cloud-based treasury management and fraud prevention solutions | - | Herald Investment Management, TempoCapÌý&²¹³¾±è;Ìý | 68/100 |
10th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | CPP Investments, TriplePoint CapitalÌý&²¹³¾±è;Ìý | 68/100 |
54th | 2012, London (United Kingdom), Acquired | Provider of a risk management platform for businesses | $33.4M | Kinled Holding, SeedcampÌý&²¹³¾±è;Ìý | 60/100 |
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Satago's Investments and acquisitions
Satago has made no investments or acquisitions yet.
Reports related to Satago
Here is the latest report on Satago's sector:
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News related to Satago
Media has covered Satago for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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fintechmagazine.com•May 31, 2024•Satago
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