2 SaaS Startups in Lisbon

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Lisbon. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 2 VC funded SaaS startups in Lisbon .

DocDigitizer

DocDigitizer used AI/ML for data extraction and improved human in-the-loop to cut costs by more than 50%. Our principal clients include Banks, Insurers, Telcos, Logistics, and Governments. Documents into Data in Seconds saw a 6x growth in 2020, and a further 6x growth is anticipated in 2021. Speed & Accuracy Exceeding Humans. You can securely record, extract, and transform bills, receipts, and invoices into structured data for use in your mobile app, website, or back office with the help of a fully integrated suite of data transformation solutions.

Company details:
Founders:
Gonçalo Caeiro, João Fernandes
Founded:
2017
Based in:
Lisbon, Lisboa, Portugal
Website:
DocDigitizer
Industries:
Artificial Intelligence, Document Management, FinTech, Machine Learning, SaaS, Software
Latest funding:
$945,560
Seed
15 September 2021
Total funding:
$1,385,204
Investors
Bewater Funds, Joyn Ventures

Stratio

Stratio is the World’s Leading Real-time Predictive Fleet Maintenance Platform. The company’s proprietary technology combines large-scale processing with the latest machine learning techniques to prevent hundreds of thousands of breakdowns from happening every day, thus saving millions of people from the hassle of public transportation delays, postponed deliveries, or late arrival of essential goods. Stratio’s platform enables zero downtime for 5 of the 10 largest transportation companies in the world. Fleet operators in Europe, North America, Asia-pacific, and Latin America trust Stratio’s technology to fully leverage the data under the hood to safeguard operations, and keep customers happy. Stratio’s technology has enabled transportation for 1.3 billion people so far.

Company details:
Founders:
Ricardo Margalho, Rui Sales
Founded:
2017
Based in:
Lisbon, Lisboa, Portugal
Website:
Stratio
Industries:
Artificial Intelligence, Automotive, Big Data, Fleet Management, Logistics, Machine Learning, SaaS, Transportation
Latest funding:
$12,000,000
Series A
29 November 2021
Total funding:
$15,365,459
Investors
LocalGlobe, Crane Venture Partners, Forestay Capital

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