Setyl

Setyl

Setyl – Devices, Software, Subscriptions: Sorted.

HQ location
London, United Kingdom
Website
Launch date
Employees
Enterprise value
$6m
Company register number
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DateInvestorsAmountRound
-investor investor investor

€0.0

round
N/A

€0.0

round
N/A

€0.0

round

$1.1m

Valuation: $5.9m

Series A
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

Notes (0)
More about Setyl
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Setyl is a dynamic startup that specializes in IT asset management (ITAM) solutions. The company provides a comprehensive platform designed to help businesses manage their IT devices, software licenses, and overall IT expenditure efficiently. Setyl's platform is particularly beneficial for organizations that previously relied on cumbersome spreadsheets to track their assets. By offering a user-friendly interface, Setyl makes it easy for companies to visualize and manage their asset inventory, which can lead to significant time savings and improved operational efficiency.

Setyl serves a diverse range of clients, including small to medium-sized enterprises (SMEs) and larger organizations across various industries. The platform is especially useful for IT, finance, and operations departments that need to keep track of hardware, software, and related expenses. Setyl operates in the IT asset management market, a sector that is growing as businesses increasingly seek to optimize their IT resources and reduce unnecessary spending.

The business model of Setyl revolves around a subscription-based service. Clients pay a recurring fee to access the platform, which includes features like hardware tracking, software license management, and comprehensive reporting tools. This model ensures a steady revenue stream for Setyl while providing ongoing value to its customers.

Setyl makes money by offering different subscription tiers based on the size and needs of the client. Additional revenue may come from premium features or add-ons that provide enhanced functionality, such as advanced reporting or integration with other business systems. The platform's ability to combine IT and finance data into a single reporting tool is a key selling point, allowing businesses to gain a clear overview of their IT spending and make informed decisions.

In summary, Setyl is a startup that provides an all-in-one IT asset management platform, serving businesses of various sizes and industries. It operates in the ITAM market and generates revenue through a subscription-based model.

Keywords: ITAM, asset management, software licenses, hardware tracking, SaaS management, IT expenditure, subscription service, user-friendly platform, operational efficiency, IT resources.

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