About Siit
Siit is a company based in Paris (France) founded in 2021 by Dimitri Cabete Jorge, Anthony Tobelaim, and Chalom Malka.. Siit has raised $5.07 million across 2 funding rounds from investors including StageOne Ventures, Seventure Partners and Founders Future. Siit offers products and services including Request Management, Asset Management, Incident Management, Change Management, and Knowledge Management. Siit operates in a competitive market with competitors including Workday, Kronos, Darwinbox, People Strong and Paylocity, among others.
- Headquarter Paris, France
- Founders Dimitri Cabete Jorge, Anthony Tobelaim, Chalom Malka
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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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- Legal Name Siit S.A.S
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.07 M (USD)
in 2 rounds
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Latest Funding Round
$5.07 M (USD), Seed
Nov 07, 2024
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Investors
StageOne Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Siit
Siit offers a comprehensive portfolio of products and services, including Request Management, Asset Management, Incident Management, Change Management, and Knowledge Management. 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.
Handles service requests across teams in one platform.
Tracks and manages organizational assets efficiently.
Diagnoses and resolves incidents quickly.
Provides access to detailed change information.
Stores and shares company knowledge securely.
Funding Insights of Siit
Siit has successfully raised a total of $5.07M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.07 million completed in November 2024. 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 Seed — $5.1M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - Siit | Valuation | StageOne Ventures , Seventure Partners |
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| Jun, 2022 | Amount | Seed - Siit | Valuation | Founders Future |
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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 Siit
Siit has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include StageOne Ventures, Seventure Partners and Founders Future. 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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StageOne Ventures is focused on seed-stage investments in tech startups.
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Founded Year | Domain | Location | |
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Tech & Life Sciences focused stage agnostic VC firm investing in Europe, Asia & the US
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Founded Year | Domain | Location | |
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A venture capital firm focused on tech entrepreneurs is operated.
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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 Siit
| 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 - Siit
| 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 |
Siit Comparisons
Competitors of Siit
Siit 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 Workday, Kronos, Darwinbox, People Strong and Paylocity, 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 HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Human capital management platform is provided for HR process automation.
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| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based human capital management software is provided for enterprises.
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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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Latest news on Siit
Frequently Asked Questions about Siit
When was Siit founded?
Siit was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Siit located?
Siit is headquartered in Paris, France.
Who is the current CEO of Siit?
Chalom Malka is the current CEO of Siit. They have also founded this company.
Is Siit a funded company?
Siit is a funded company, having raised a total of $5.07M across 2 funding rounds to date.
What does Siit do?
Siit was founded in 2021 in Paris, France, as a cloud-based platform focused on HRMS solutions. Employee support software is delivered to assist people-centric companies in managing demands and enhancing service experiences. Key features such as communication tools and analytics are included to support operations in the HR technology sector. The platform operates primarily through its domain, siit.io, targeting organizational efficiency.
Who are the top competitors of Siit?
Siit's top competitors include Workday, SuccessFactors and GreytHR.
What products or services does Siit offer?
Siit offers Request Management, Asset Management, Incident Management, Change Management, and Knowledge Management.
Who are Siit's investors?
Siit has 3 investors. Key investors include StageOne Ventures, Seventure Partners, and Founders Future.