Situm Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 41

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 7

Situm General Information

Description

Developer of an indoor location technology platform designed to offer high-precision positioning with minimal infrastructure. The company's technology uses sensor fusion technology, multi-sensor smart detection, autonomous robotics algorithms, wifi and Bluetooth signal calibration, automatic floor detection, offline mobile computing, step-by-step voice navigation, and wheelchair-friendly routing, enabling managers of large facilities to monitor staff and provide navigation for visitors.

Contact Information

Website
www.situm.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Rua do Restollal, nº 32
  • Building Paxonal, Planta 4, Of. 401, A Coruña
  • 15702 Santiago de Compostela
  • Spain
+34 881
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Vertical(s)
Big Data, SaaS, Artificial Intelligence & Machine Learning, Internet of Things, Mobile
Corporate Office
  • Rua do Restollal, nº 32
  • Building Paxonal, Planta 4, Of. 401, A Coruña
  • 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
11. Accelerator/Incubator 27-Jun-2021 Completed Generating Revenue
10. Secondary Transaction - Private Completed Generating Revenue
9. Early Stage VC 01-Oct-2019 Completed Generating Revenue
8. Accelerator/Incubator 01-Jan-2019 Completed Generating Revenue
7. Early Stage VC 14-Jan-2018 Completed Generating Revenue
6. Early Stage VC 20-Dec-2017 Completed Generating Revenue
5. Accelerator/Incubator 17-Feb-2017 Completed Generating Revenue
4. Grant 24-Jan-2017 Completed Generating Revenue
3. Grant 01-Jan-2016 $4.02M $107K Completed Generating Revenue
2. Accelerator/Incubator 11-Dec-2015 $107K $107K Completed Startup
To view Situm’s complete valuation and funding history, request access »

Situm Patents

  • 6

    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
EP-3743685-B1 Positioning methods and systems Active 26-Jan-2018
EP-3743685-C0 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 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 (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Manassah Entrepreneurship Programme Accelerator/Incubator
Prosegur Tech Ventures Corporate Venture Capital Minority
Swanlaab Venture Factory Venture Capital Minority
Plug and Play Accelerator/Incubator
Amadeus Ventures Corporate 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 41 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?

    Manassah Entrepreneurship Programme, Prosegur Tech Ventures, Swanlaab Venture Factory, Plug and Play, and Amadeus Ventures are 5 of 7 investors who have invested in Situm.

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