About Setera
Setera is a company based in Espoo (Finland) founded in 2005 by Jyrki Larilahti.. Setera has raised $6.44 million across 1 funding round from investors including Nordic Growth. Setera offers products and services including Setera OneCloud, MS Teams UCaaS, Global Voice Services, and Global Data Connectivity. Setera operates in a competitive market with competitors including 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, among others.
- Headquarter Espoo, Finland
- Founders Jyrki Larilahti
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Sectors
Telecommunications
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Email
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Phone
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Website
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Social
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- Legal Name Setera International Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.44 M (USD)
in 1 rounds
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Latest Funding Round
$6.44 M (USD), Series A
Nov 27, 2008
- Investors
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Employee Count
Employee Count
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Products & Services of Setera
Setera offers a comprehensive portfolio of products and services, including Setera OneCloud, MS Teams UCaaS, Global Voice Services, and Global Data Connectivity. 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.
Cloud-based unified communications service for global business connectivity.
Enhances Microsoft Teams with direct routing and voice capabilities.
Provides international calling and local numbering for enterprises.
Offers secure data links and SMS carrier services worldwide.
Funding Insights of Setera
Setera has successfully raised a total of $6.44M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.44 million completed in November 2008. 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 1
- Last Round Series A — $6.4M
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First Round
First Round
(27 Nov 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2008 | Amount | Series A - Setera | Valuation | Nordic Growth |
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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 Setera
Setera has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nordic Growth. 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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Investment banking services are provided by Nordic Growth.
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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 Setera
| 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 - Setera
| 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 |
Setera Comparisons
Competitors of Setera
Setera 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 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, 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 |
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
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| domain | founded_year | HQ Location |
Connectivity, voice, and data center solutions are provided by Viatel.
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| domain | founded_year | HQ Location |
Business telecom and contact center services are provided to enterprises.
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| domain | founded_year | HQ Location |
Telecommunication services are delivered across Sri Lanka by Dialog Axiata.
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| domain | founded_year | HQ Location |
Cloud-based DNS, DHCP appliances, and security solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Setera
When was Setera founded?
Setera was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Where is Setera located?
Setera is headquartered in Espoo, Finland.
Who is the current CEO of Setera?
Matti Haramo is the current CEO of Setera.
Is Setera a funded company?
Setera is a funded company, having raised a total of $6.44M across 1 funding round to date. The company's 1st funding round was a Series A of $6.44M, raised on Nov 27, 2008.
What does Setera do?
Setera was established in 2005 in Espoo, Finland, within the telecommunications sector. Communication and internet services are delivered to companies via a cloud-based virtual PBX platform. VoIP solutions, voice services, CRM integrations, hospitality applications, MS Teams connectivity, and contact center operations are included in the offerings. Business clients across various industries are supported through these digital infrastructure tools.
Who are the top competitors of Setera?
What products or services does Setera offer?
Setera offers Setera OneCloud, MS Teams UCaaS, Global Voice Services, and Global Data Connectivity.
Who are Setera's investors?
Setera has 1 investor. Key investors include Nordic Growth.