About Satago
Satago is a company based in London (United Kingdom) founded in 2012 was acquired by Oxygen Finance in February 2017.. Satago has raised $33.38 million across 6 funding rounds from investors including Lloyds Banking Group, Oxygen Finance and ESF Capital. The company has 39 employees as of December 31, 2023. Satago offers products and services including Invoice Finance, Risk Insights, and Credit Control. Satago operates in a competitive market with competitors including Signifyd, ThreatMetrix, Kyriba, Riskified and Alloy, among others.
- Headquarter London, United Kingdom
- Employees 39 as on 31 Dec, 2023
-
Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Satago Financial Solutions Limited
- Date of Incorporation 10 Feb, 2016
- Jurisdiction LONDON, UNITED KINGDOM
-
Annual Revenue
$3.19 M (USD)40as on Dec 31, 2023
-
Net Profit
$-4.2 M (USD)-7as on Dec 31, 2023
-
EBITDA
$-4.78 M (USD)-12as on Dec 31, 2023
-
Total Equity Funding
$33.38 M (USD)
in 6 rounds
-
Latest Funding Round
$12.4 M (USD), Series B
Mar 09, 2022
-
Investors
Lloyds Banking Group
& 4 more
-
Employee Count
39
as on Dec 31, 2023
-
Acquired by
Oxygen Finance
(Feb 16, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Satago
Satago offers a comprehensive portfolio of products and services, including Invoice Finance, Risk Insights, and Credit Control. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers fast, flexible funding against invoices to bridge cash flow gaps.
Provides real-time credit checks and risk assessments for customers.
Automates invoice chasing and payment reminders for quicker collections.
Unlock access to complete
Funding Insights of Satago
Satago has successfully raised a total of $33.38M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $12.4 million completed in March 2022. 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 6
- Last Round Series B — $12.4M
-
First Round
First Round
(21 Jul 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series B - Satago | Valuation | Lloyds Banking Group |
|
| Mar, 2020 | Amount | Series A - Satago | Valuation |
investors |
|
| Mar, 2019 | Amount | Series A - Satago | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Satago
Satago has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Lloyds Banking Group, Oxygen Finance and ESF Capital. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Venture capital investments are provided by BDMI to technology companies.
|
Founded Year | Domain | Location | |
|
Commercial banking and insurance services are offered to clients worldwide.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Satago
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Satago
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Satago Comparisons
Competitors of Satago
Satago 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 Signifyd, ThreatMetrix, Kyriba, Riskified and Alloy, 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 |
Provider of fraud prevention and payment validation for online retailers
|
|
| domain | founded_year | HQ Location |
Fraud prevention and context based authentication solution
|
|
| domain | founded_year | HQ Location |
Cloud-based treasury automation and risk management solutions are provided.
|
|
| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
|
|
| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
|
|
| domain | founded_year | HQ Location |
AI-powered data and decision intelligence solutions are provided for businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Satago
Frequently Asked Questions about Satago
When was Satago founded?
Satago was founded in 2012.
Where is Satago located?
Satago is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Satago a funded company?
Satago is a funded company, having raised a total of $33.38M across 6 funding rounds to date. The company's 1st funding round was a Series A of $13.2M, raised on Jul 21, 2012.
How many employees does Satago have?
As of Dec 31, 2023, the latest employee count at Satago is 39.
What is the annual revenue of Satago?
Annual revenue of Satago is $3.19M as on Dec 31, 2023.
What does Satago do?
Satago was founded in 2012 in London, United Kingdom, within the financial technology sector. A platform is offered to businesses for managing credit risks and debtors. Invoice finance is accessible through the system, which supports payments on delayed invoices. Operations focus on enhancing financial stability for users across various industries in the UK.
Who are the top competitors of Satago?
What products or services does Satago offer?
Satago offers Invoice Finance, Risk Insights, and Credit Control.
Who are Satago's investors?
Satago has 5 investors. Key investors include Lloyds Banking Group, Oxygen Finance, ESF Capital, BDMI, and E-Merge.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.