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Satago
Helping small businesses improve cashflow by getting paid faster
- 21-100 employees
- Fintech
- B2B
- Enterprise
- Internal tools
- Analytics
- Bookkeeping
- SaaS
- Accounting
- Soho, London, UK
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Company mission
To be the number 1 cash flow management tool.
Our take
Satago is a flexible invoice finance, debt chasing and risk insight platform that has been designed to help businesses get paid on time. The system integrates with users' accounting software and automatically imports data about the invoices they have submitted to their business customers. Satago then takes over the chasing of users' debtors through customised, escalating email reminders. In effect they act as an out-sourced credit management CRM.
Integrated credit risk data means they can help companies prioritise not just the oldest debts, but the highest risk ones. If your customers still pay you late, Satago will advance payment on invoices. This means they are the only invoice finance business that tries to actively improve your financial health before ever giving you finance. Satago also has credit data on companies to help educate users about who are good customers, and who should maybe be avoided.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Perkbox
- Extra day off for your birthday
- 25 days holiday (excl. bank holidays)
- Work from home opportunities
- Health insurance
Funding (last 2 of 4 rounds)
Mar 2022
$6.4m
EARLY VC
Jun 2016
$3m
SERIES A
Total funding: $10.4m
This company has top investors
Leadership
Sinead McHale
(CEO, not founder)Previously Project Manager at Arrowgrass Capital Partners for 2 years and CEO of Clear Funding also for 2 years.
Robert Mills
(COO, not founder)Previously Manager ofFinancial Services at KPMG for 5 years and Manager of Commercial Performance Improvement at BP for 2 years.