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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.
Website
Social
Key Metrics
Founded Year
2012
Location
Stage
Acquired
Total Funding
in 6 rounds
Latest Funding Round
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)
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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
-
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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:
Employee count trend for Satago
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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:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for ComplyAdvantage
ComplyAdvantage
2014, London (United Kingdom), Series C
Cloud-based AML solutions
$137M
76/100
2nd
Logo for Trax
Trax
2010, Singapore (Singapore), Series E
Cloud-based data analytics solutions for retail shelf management
$1.03B
HighGear Ventures, Warburg PincusÌý&²¹³¾±è;Ìý
74/100
3rd
Logo for Quantexa
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
Logo for Yoti
Yoti
2014, London (United Kingdom), Series B
Identity verification solutions for multiple industries
$210M
HSBC, Lloyds Banking GroupÌý&²¹³¾±è;Ìý
71/100
5th
Logo for Riskified
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
Logo for Fenergo
Fenergo
2009, Dublin (Ireland), Acquired
Cloud based KYC and AML management software
$181M
BNP Paribas, InvestecÌý&²¹³¾±è;Ìý
69/100
7th
Logo for Encompass
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
Logo for Alloy
Alloy
2015, New York City (United States), Series C
Identity decisioning platform for banks and fintech firms
$208M
69/100
9th
Logo for Bottomline Technologies
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
Logo for Signifyd
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
Logo for Satago
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.
•
UK Share Prices &amp•Jul 16, 2024•TruFin, Satago
•
Finextra•Jul 16, 2024•Lloyds Bank, Satago
•
fintechmagazine.com•May 31, 2024•Satago
•
TechDay•Apr 17, 2024•Satago, mmob
•
Crowdfund Insider•Apr 14, 2024•mmob, Satago
•
Financial IT•Jun 09, 2022•Lloyds Bank, Sage Group, Satago, ADP
•
Business Money•Mar 10, 2022•Satago, Lloyds Bank
•
Finextra•Mar 09, 2022•Lloyds Bank, Satago
•
Morningstar•Dec 11, 2020•Lloyds Banking Group, Satago
•
PYMNTS.com•Dec 01, 2020•Satago, Sage Group
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