Situm Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 39

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 12

Situm General Information

Description

Developer of an indoor location technology platform designed to offer indoor-outdoor positioning with minimal infrastructure. The company's platform uses a location algorithm and multi-sensor smart detection technique to fuse information from sensors in current mobile phones which permits minimization of infrastructure usage, enabling managers at train stations, hotels, and other large facilities to view real user movements, allocate resources to smooth passenger flow, improve security services as well as offer analytics to improve geo-marketing and targeting.

Contact Information

Website
www.situm.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Rua do Restollal, 32
  • 15702 Santiago de Compostela
  • Spain
+34 881
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Vertical(s)
SaaS, Internet of Things, Mobile
Corporate Office
  • Rua do Restollal, 32
  • 15702 Santiago de Compostela
  • Spain
+34 881

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Situm Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Secondary Transaction - Private Completed Generating Revenue
9. Accelerator/Incubator Completed Generating Revenue
8. Early Stage VC 01-Oct-2019 Completed Generating Revenue
7. Accelerator/Incubator 01-Jan-2019 Completed Generating Revenue
6. Early Stage VC 14-Jan-2018 Completed Generating Revenue
5. Early Stage VC 20-Dec-2017 Completed Generating Revenue
4. Accelerator/Incubator 17-Feb-2017 Completed Generating Revenue
3. Grant 24-Jan-2017 Completed Generating Revenue
2. Grant 01-Jan-2016 $4.02M $107K Completed Generating Revenue
1. Accelerator/Incubator 11-Dec-2015 $107K $107K Completed Startup
To view Situm’s complete valuation and funding history, request access »

Situm Patents

  • 5

    Total Documents Applications and Grants

  • Total Patents Families

  • 5

    Granted

  • Pending

  • Expiring in next 12 mo

Situm Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3743685-A1 Positioning methods and systems Active 26-Jan-2018
US-11573285-B2 Positioning methods and systems Active 26-Jan-2018
US-20210041521-A1 Positioning methods and systems Active 26-Jan-2018
EP-3743685-B1 Positioning methods and systems Active 26-Jan-2018
EP-3743685-C0 Positioning methods and systems Active 26-Jan-2018 G01S5/0278
To view Situm’s complete patent history, request access »

Situm Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Situm Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Prosegur Tech Ventures Corporate Venture Capital Minority
Swanlaab Venture Factory Venture Capital Minority
Plug and Play Tech Center Accelerator/Incubator
Amadeus Ventures Corporate Venture Capital Minority
Unirisco Venture Capital Minority
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Situm FAQs

  • When was Situm founded?

    Situm was founded in 2015.

  • Where is Situm headquartered?

    Situm is headquartered in Santiago de Compostela, Spain.

  • What is the size of Situm?

    Situm has 39 total employees.

  • What industry is Situm in?

    Situm’s primary industry is Business/Productivity Software.

  • Is Situm a private or public company?

    Situm is a Private company.

  • What is Situm’s current revenue?

    The current revenue for Situm is .

  • How much funding has Situm raised over time?

    Situm has raised $4.3M.

  • Who are Situm’s investors?

    Prosegur Tech Ventures, Swanlaab Venture Factory, Plug and Play Tech Center, Amadeus Ventures, and Unirisco are 5 of 12 investors who have invested in Situm.

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