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Based in Tallinn, Estonia, Cloutex operates a cloud integration hub that automatically synchronizes data across various business web applications. The SaaS platform enables bi-directional data syncing for small and medium-sized enterprises utilizing tools such as Salesforce, Quickbooks, and Magento without requiring specialized IT personnel. By connecting disparate departments like marketing, sales, and bookkeeping, the system keeps business processes updated in real-time across the organization. Operating on a subscription model starting at $29 per month, the company reached several hundred active customers and reported a 15% week-over-week growth rate during its early expansion into the United States market. Cloutex has secured $700,000 in total funding, including a $600,000 seed round backed by institutional investors such as United Partners, SmartCap, and Startup Wise Guys. The company was founded in 2013 by Peeter Mark and Soren Hejnfelt.
Cloutex has raised $600K across 1 funding round.
Cloutex has raised $600K in total across 1 funding round.
Cloutex has raised $600K in total across 1 funding round.
Cloutex's investors include Tiit Paananen, EstBAN, SmartCap, United Partners.
Cloutex has raised $600K across 1 funding round. Most recently, it raised $600K Seed in January 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 16, 2014 | $600K Seed | — | Tiit Paananen, EstBAN, SmartCap, United Partners | Announced |
