Settel Revenue

General Manufacturing • San Francisco, California, United States • 1-10 Employees

Settel revenue & valuation

Annual revenue	$342,220
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the General Manufacturing industry and current estimated revenues	$1,100,000
Total funding	No funding

Key Contact at Settel

Derek Elley

Co-Founder, Investor, Director, Chief Executive

Company overview

Headquarters	San Francisco, California, United States
Website	settel.ai
NAICS	312
Keywords	Buying, Procurement, Search, Quote, Compare, Recommend, Calculate
Founded	2024
Employees	1-10

About Settel

Hardware buyers waste time & money manually buying the bill of materials (BOM) parts needed to build their products, and manually recording all the procurement data. Buying a wide range of parts from many different suppliers - electronics (off-the-shelf components & custom PCB/As), mechanicals (off-the-shelf & custom parts) & assembly - burns up to 70% of a buyer's time & up to 30% of engineering team time. Creating a manufacturing BOM & breaking it into multiple requests for proposal is laborious. Sourcing & comparing quotes, and doing the calculations to determine the best suppliers to match buying criteria is equally time-consuming. Then comes placing (and chasing up) orders. It's inefficient. And everyone's least favorite job. Hiring more people or SaaS apps just adds more cost. Settel automates the BOM buying process with a digital buyer (Bruce), backed by our expert team. Bruce autonomously orders an entire hardware bill of materials & records all data wherever its needed, 10,000x faster than any human, at 5x less cost than one. If you want to get your BOM parts consistently ordered at the right time, while controlling headcount spent on laborious buying admin tasks, please hit us up here: https://www.settel.ai

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Founder/Owner

Employees by Department

Settel has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

Settel has never raised funding before.

Frequently asked questions

Settel is located in San Francisco, California, US.

Settel generates an estimated annual revenue of $342,220. This revenue figure reflects the company's market position and business performance in its industry.

Settel has an estimated valuation of $1,100,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Settel was founded in 2024, making it 2 years old. The company has established itself as a significant player in its industry over this time.

Settel has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Key Contact at Settel

Derek Elley

Co-Founder, Investor, Director, Chief Executive

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