About Salto
Salto is a company based in Tel Aviv (Israel) founded in 2019 by Gil Hoffer.. Salto has raised $69 million across 2 funding rounds from investors including Bessemer Venture Partners, Accel and Lightspeed Venture Partners. Salto operates in a competitive market with competitors including Puppet, Pulumi, Spacelift, CloudTruth and ScaleOps, among others.
- Headquarter Tel Aviv, Israel
- Founders Gil Hoffer
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$69 M (USD)
in 2 rounds
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Latest Funding Round
$42 M (USD), Series B
May 19, 2021
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Investors
Bessemer Venture Partners
& 3 more
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Employee Count
Employee Count
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Funding Insights of Salto
Salto has successfully raised a total of $69M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $42 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $42.0M
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First Round
First Round
(27 Oct 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series B - Salto | Valuation | Accel , Salesforce Ventures | |
| Oct, 2020 | Amount | Series A - Salto | Valuation | Bessemer Venture Partners , Lightspeed Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Salto
Salto has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Accel and Lightspeed Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Salto
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Salto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Salto Comparisons
Competitors of Salto
Salto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Puppet, Pulumi, Spacelift, CloudTruth and ScaleOps, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based DevOps software is offered for IT infrastructure management.
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| domain | founded_year | HQ Location |
Provider of open source Infrastructure as a code platform
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| domain | founded_year | HQ Location |
Continuous integration and deployment for infrastructure as code are enabled.
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| domain | founded_year | HQ Location |
Provider of a configuration and secrets data automation platform. It helps eliminate misconfigurations and accelerates software delivery. The platform offers centralized management of configuration data and secrets, including features for scheduled rotations, access control, and policy enforcement. It integrates with various CI/CD pipelines, enabling accurate and validated configuration files for every deployment. This facilitates faster resolution of outages and improves overall system uptime and security. The platform also provides tools for change tracking, auditing, and reporting, supporting compliance automation.
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| domain | founded_year | HQ Location |
Kubernetes workload optimization platform
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| domain | founded_year | HQ Location |
Infrastructure automation is provided for application servers and cloud integration.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Salto
Frequently Asked Questions about Salto
When was Salto founded?
Salto was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Salto located?
Salto is headquartered in Tel Aviv, Israel.
Is Salto a funded company?
Salto is a funded company, having raised a total of $69M across 2 funding rounds to date. The company's 1st funding round was a Series A of $27M, raised on Oct 27, 2020.
What does Salto do?
Salto was founded in 2019 in Tel Aviv, Israel, as a provider of application configuration management solutions within the software industry. The platform is designed to support users in searching, comparing, testing, deploying, and tracking changes across various environments. Metadata exploration, change deployment, and dependency identification are facilitated through its tools, aiding operations in configuration management for enterprises.
Who are the top competitors of Salto?
Who are Salto's investors?
Salto has 4 investors. Key investors include Bessemer Venture Partners, Accel, Lightspeed Venture Partners, and Salesforce Ventures.