Softomotive - About the company
Softomotive is an acqui-hired company based in London (United Kingdom), founded in 2005 by Marios Stavropoulos. It operates as a Back office automation for multiple verticals. Softomotive has raised $25M in funding from Grafton Capital. The company has 1341 active competitors, including 137 funded and 51 that have exited. Its top competitors include companies like AvidXchange, Zapier and Blue Prism.
Company Details
Offers robotic process automation for multiple industry vertical such as Finance & Accounting, Banking, Telecommunications, Insurance, Healthcare, Call centers. Its platform - ProcessRobot allows to create rules based algorithms for creating structured workflows which is enterprise scalable. It supports integration with SAP, Salesforce, Oracle Financials, PeopleSoft Automation. Customers include the likes of Intel, Siemen, Vodafone, Cognizant, KPMG, Zerox, PwC.
- Website
- softomotive.com
- Phone Number
- +44 **********
- Registered Address
- The Broadgate Tower Third Floor, 20 Primrose Street, London, United Kingdom, EC2A 2RS
Key Metrics
Founded Year
2005
Location
London, United Kingdom
Stage
Acqui-Hired
Total Funding
$25M in 1 round
Latest Funding Round
Investors
Ranked
228th among 1341 active competitors
Employee Count
1 as on Aug 31, 2026
Legal entities associated with Softomotive
Softomotive is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SOFTOMOTIVE ROBOTIC PROCESS AUTOMATION PRIVATE LIMITED CIN: U74999KA2017FTC133313 , India, Active | Aug 21, 2017 | 0 - ₹10 Cr (As on Mar 31, 2025) | 8 (As on Jun 30, 2021) | |
SOFTOMOTIVE UK LTD CIN: 09682819 , United Kingdom, Active | Jul 12, 2015 | - | 10 (As on Dec 31, 2020) |
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Softomotive's funding and investors
Softomotive has raised a total funding of $25M over 1 round. Its latest funding round was a Series A round on Sep 28, 2018 for $*****. 1 investor participated in its latest round. Softomotive has 1 institutional investor.
Here is the list of recent funding rounds of Softomotive:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 28, 2018 | 9991008 | Series A | 3681410 | 9497886 | 4068030 | 7927900 |
View details of Softomotive's funding rounds and investors
Softomotive's founders and board of directors
Founder? Claim ProfileThe founders of Softomotive is Marios Stavropoulos.
Here are the details of Softomotive's key team members:
- Marios Stavropoulos: Former Co-Founder of Softomotive and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
View details of Softomotive's Founder profiles and Board Members
Softomotive's employee count trend
Softomotive has 1 employees as of Aug 26. Here is Softomotive's employee count trend over the years:
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Softomotive's Competitors and alternates
Top competitors of Softomotive include AvidXchange, Zapier and Blue Prism. Here is the list of Top 10 competitors of Softomotive, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AvidXchange 2000, Charlotte (United States), Acquired | Accounts payable and payment automation solution for businesses | $1.18B | 73/100 | |
2nd | Zapier 2011, San Francisco (United States), Seed | Provider of a platform for automating workflows and integrating applications | $2.68M | 68/100 | |
3rd | Blue Prism 2001, Warrington (United Kingdom), Acquired | Cloud-based platform for cognitive automation | $30.5M | 68/100 | |
4th | Upstage 2020, San Jose (United States), Series C | Provider of AI platform for multiple task management | $285M | 66/100 | |
5th | ABBYY 1989, Milpitas (United States), Late Stage | Provider of intelligent automation software and solutions for document and process understanding | - | 65/100 | |
6th | Automation Anywhere 2003, San Jose (United States), Series B | Provider of AI-based platform for robotic process automation | $840M | 64/100 | |
7th | Vercept 2024, Seattle (United States), Acquired | Developer of an AI-powered computer interface designed to automate tasks | $50M | 63/100 | |
8th | Provider of low and no code intelligent business automation platform that enables digital transformation | $73M | 63/100 | ||
9th | Amity Solutions 2012, Bangkok (Thailand), Series D | Provider of enterprise-grade generative AI applications and chatbot platforms | $160M | 63/100 | |
10th | Unframe AI 2024, Cupertino (United States), Series B | Provider of a managed AI delivery platform for tailored business solutions | $100M | 62/100 | |
228th | Softomotive 2005, London (United Kingdom), Acqui-Hired | Back office automation for multiple verticals | $25M | 27/100 |
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Softomotive's Investments and acquisitions
Softomotive has made no investments or acquisitions yet.
Reports related to Softomotive
Here is the latest report on Softomotive's sector:
News related to Softomotive
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Microsoft acquires robotic process automation platform SoftomotiveTechCrunch+•May 19, 2020•Microsoft, Softomotive
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Softomotive Hires Industry Heavyweights to Support Global ExpansionPRWeb•Mar 19, 2020•Softomotive, Suzy, Oracle, UiPath
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Softomotive Named a Strong Performer Among Robotic Process Automation Vendors by Independent Research FirmBusiness Wire India•Oct 24, 2019•Softomotive
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Softomotive’s Product Innovation Drives New RPA Enterprise and Desktop Software ReleasesBusiness Wire•Aug 05, 2019•Softomotive
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Softomotive Study Reveals Why Engaging Employees Early in RPA Is Good for BusinessBusiness Wire India•Jul 15, 2019•Softomotive
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Softomotive Named Star Performer in Everest Group PEAK Matrix™ ReportBusiness Wire India•Jul 02, 2019•Softomotive, Everest Group
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UiPath nabs $568M at a $7B valuation to bring robotic process automation to the front officeTechCrunch+•Apr 30, 2019•UiPath, Coatue, Dragoneer Investment Group, Wellington Partners Venture Capital and 22 others
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