Situm

Santiago De Compostela, Spain Founded: 2014 • Age: 12 yrs
Provider of an AI and cloud-based indoor positioning platform with sensor fusion technology
Annual revenue - Latest available
Total funding $3.3M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Situm

Situm is a company based in Santiago De Compostela (Spain) founded in 2014 by Adrian Canedo Rodriguez, Victor Alvarez Santos, and Cristina Gamallo Solorzano. Situm has raised $3.28 million across 3 funding rounds from investors including Amadeus, Swanlaab and Prosegur Argentina. Situm offers products and services including Indoor Maps, Indoor Navigation, and Indoor Tracking. Situm operates in a competitive market with competitors including Ajax Systems, Proxyclick, Topcon Positioning, Minut and Inertial Labs, among others.

  • Headquarter Santiago De Compostela, Spain
  • Founders Adrian Canedo Rodriguez, Victor Alvarez Santos, Cristina Gamallo Solorzano
  • Sectors
    Business Services
    Technology Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Situm Technologies, S.L.
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Technology → Geospatial, Imaging & Sensing Technology Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.28 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.28 M (USD), Seed

    Oct 03, 2019

  • Investors
    Amadeus

    & 5 more

  • Employee Count
    Not available
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Products & Services of Situm

Situm offers a comprehensive portfolio of products and services, including Indoor Maps, Indoor Navigation, and Indoor Tracking.

Product name locked
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Primary

Platform for creating interactive indoor maps for navigation.

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App-based system for real-time indoor guidance and directions.

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Tool for monitoring employees and visitors in real time.

Funding Insights of Situm

Situm has successfully raised a total of $3.28M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.28 million completed in October 2019. 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.

Investors in Situm

Situm has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Amadeus, Swanlaab and Prosegur Argentina.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech sectors are invested in by Swanlaab venture capital fund.
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Xesgalicia is engaged in supporting Galician businesses through investments.
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Investor details for Situm

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Situm

Investments
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Investment portfolio details for Situm

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  • Transaction dates
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Financial Statements - Situm

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Detailed financials for Situm

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Situm Comparisons

Situm Primary company
Description
Provider of an AI and cloud-based indoor positioning platfor...
Location
Santiago De Compostela, Spain
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Situm

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Competitors of Situm

Situm 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 Ajax Systems, Proxyclick, Topcon Positioning, Minut and Inertial Labs, among others.

Company Name Domain Founded year HQ Location Description
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Connected security systems with detectors and hubs are provided.
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Cloud-driven visitor management software is provided for workplaces.
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Provides precision positioning systems for infrastructure and farming sectors.
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Security sensors for residential hazard detection are developed.
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Inertial navigation systems are supplied for positioning and tracking solutions.
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Indoor positioning and navigation systems are provided for buildings.
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Detailed competitors of Situm

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Latest news on Situm

Situm and HappyOrNot Partner
Destinationcrm1 year ago
Nhood deploys Situm positioning tech in shopping centres
Retailtechinnovationhub4 years ago
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Complete news archive for Situm

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Situm

Situm was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Situm is headquartered in Santiago De Compostela, Spain. It is registered at Santiago De Compostela, Galicia, Spain.

Victor Alvarez Santos is the current CEO of Situm. They have also founded this company.

Situm is a funded company, having raised a total of $3.28M across 3 funding rounds to date.

Situm was founded in 2014 as a provider of indoor positioning technology. An AI and cloud-based platform is offered, incorporating sensor fusion to merge environmental data with smartphone inputs. Customers, visitors, employees, and assets are tracked and monitored in indoor settings. Navigation and routing assistance is enabled for users. Mapping tools, dashboards, notifications, and promotion features are included in the services. Sectors served encompass hospitals, shopping centers, and airports.

Situm's top competitors include Ajax Systems, Minut and Proxyclick.

Situm offers Indoor Maps, Indoor Navigation, and Indoor Tracking.

Situm has 6 investors. Key investors include Amadeus, Swanlaab, Prosegur Argentina, Xesgalicia, and Unirisco.

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