Stotles - About the company
Stotles is a series A company based in London (United Kingdom), founded in 2019 by Taj Cyrus Julian Kamranpour and John Witt. It operates as a Cloud-based platform for procurement management. Stotles has raised $21.6M in funding from investors like Seedcamp, Speedinvest and Headline, with a current valuation of $*****. The company has 552 active competitors, including 78 funded and 45 that have exited. Its top competitors include companies like Taulia, Zip and PayEm.
Company Details
Cloud-based platform for procurement management. The platform offers tools for engagement, organizing, collaboration, planning, etc. The platform offers tools for creating personalized feeds.
- Website
- www.stotles.com
- Email ID
- *****@stotles.com
- Registered Address
- 12 Park Lane, Tilehurst, Reading, Berkshire, England,
Key Metrics
Founded Year
2019
Location
London, United Kingdom
Stage
Series A
Total Funding
$21.6M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 08, 2020
Ranked
27th among 552 active competitors
Employee Count
41 as on Sep 30, 2026
Legal entities associated with Stotles
Stotles is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Stotle Ltd CIN: 10912358 , United Kingdom, Active | Aug 10, 2017 | - | 42 (As on Dec 31, 2024) |
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Stotles's funding and investors
Stotles has raised a total funding of $21.6M over 5 rounds. Its first funding round was on Nov 06, 2019. Its latest funding round was a Series A round on May 29, 2025 for $*****. 4 investors participated in its latest round. Stotles has 9 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Stotles:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 29, 2025 | 7958997 | Series A | 3888815 | 5441584 | 8972820 | 4284476 |
Jun 22, 2022 | 2463080 | Seed | 2252725 | 6200255 | 5948123 | |
Sep 08, 2020 | 5159293 | Seed | 7971759 | 5892142 |
View details of Stotles's funding rounds and investors
Stotles' founders and board of directors
Founder? Claim ProfileThe founders of Stotles are Taj Cyrus Julian Kamranpour and John Witt. John Witt is the CEO of Stotles.
Here are the details of Stotles' key team members:
- Taj Cyrus Julian Kamranpour: Co-Founder & COO of Stotles. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- John Witt: Co-Founder & CEO of Stotles. They serve on the board of 1 company.Contact Info: 1 email address
Stotles' Board of Directors
Stotles's board has 4 active members. Taj Cyrus Julian Kamranpour, John Witt and Carsten Schaltz are part of team and Jeroen Arts is independent board member.Here is the list of Stotles' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 3m | |
Team | - | Current | 9y 1m | |
Team | - | Current | 7y 9m | |
Independent board member | - | Current | 6y 1m |
View details of Stotles's Founder profiles and Board Members
Stotles' employee count trend
Stotles has 41 employees as of Sep 26. Here is Stotles's employee count trend over the years:
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Stotles's Competitors and alternates
Top competitors of Stotles include Taulia, Zip and PayEm. Here is the list of Top 10 competitors of Stotles, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 73/100 | |
2nd | Zip 2020, San Francisco (United States), Series D | Provider of a platform for procurement orchestration, intake, and spend management | $358M | 65/100 | |
3rd | PayEm 2019, San Francisco (United States), Series A | SaaS-based expense management solutions for corporate organisations | $47M | 64/100 | |
4th | Omnea 2021, London (United Kingdom), Series B | Provider of web-enabled procurement orchestration solutions for the supply chain | $138M | 63/100 | |
5th | Mynd Fintech 2002, Gurugram (India), Series A | Online marketplace for supply chain financing | $16.3M | 62/100 | |
6th | AI and cloud-enabled end-to-end procurement management solutions | $17M | 61/100 | ||
7th | Isometric Technologies 2014, San Francisco (United States), Series A | Provider of a SaaS-based collaborative performance management platform | $18M | 61/100 | |
8th | Provider of working capital solutions and supply chain finance programs | $49.2M | 59/100 | ||
9th | Stampli 2014, Mountain View (United States), Series D | Provider of software for procure to pay and finance automation | $148M | 59/100 | |
10th | Procol 2018, New York (United States), Series A | Provider of AI procurement software for enterprise procurement management solutions | $11.2M | 58/100 | |
27th | Stotles 2019, London (United Kingdom), Series A | Cloud-based platform for procurement management | $21.6M | 47/100 |
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Stotles's Investments and acquisitions
Stotles has made no investments or acquisitions yet.
Reports related to Stotles
Here is the latest report on Stotles's sector:
News related to Stotles
•
British Startup Stotles Raises €11.5 Million In Series A RoundStartup Rise EU•May 29, 2025•Headline, Stotles
•
London-based Stotles secures €6.1 million to streamline how businesses and governments work togetherEU-Startups•Jun 22, 2022•Stotles, Headline, Form Ventures, GTMfund and 3 others
•
UK startup Stotles raises £1.4 million to help businesses win public sector projectsTech.eu•Oct 14, 2020•Stotles, Speedinvest, 7percent Ventures, FJ Labs and 1 other
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