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§ Private Profile · Tallinn, Estonia
Salto X is a technology company.
Salto X provides a platform for streamlining equity management and employee liquidity within startups. It simplifies complex stock option programs and secondary share transactions. The platform offers an efficient, organized solution for managing data, legal requirements, and communication during liquidity events, replacing manual processes for scaling companies.
Founded in 2021 by Ragnar Sass, Elise Sass, Tanya Chaikovska, and Krists Avots, Salto X's inception stemmed from Ragnar Sass's Pipedrive co-founder experience. He witnessed the complexities of secondary sales as a shareholder. This insight into managing employee liquidity for many participants highlighted a critical need for automation.
Salto X serves startups empowering teams through equitable ownership. Its vision is a comprehensive, international solution for annual liquidity processes, reducing operational friction for founders. By simplifying employee equity realization, the company supports talent retention and fosters a dynamic ecosystem where capital recirculates into new ventures.
Salto X has raised $5.0M across 1 funding round.
Salto X has raised $5.0M in total across 1 funding round.
Salto X is a Tallinn, Estonia-based startup founded in 2021 that provides a cloud-based platform for cap table management and employee stock option plans (ESOPs), primarily targeting EU and UK companies.[1][2][3] It automates equity plans, simplifies compliance, educates employees on their shares, and supports the full startup lifecycle from option granting to IPO, with tools like options tax calculators, compensation calculators, and AI stock options guides.[1][2] The platform serves startup founders, HR, and recruitment teams by enabling easy team onboarding, talent retention through tailored compensation, and intuitive cap table oversight for all stakeholders; it's free to start with per-member pricing and recently merged with Cake Equity for enhanced global cap table and shareholder management features.[1]
Salto X solves the complexity of equity management for early-stage companies, where traditional tools cater mainly to legal and finance teams rather than the entire organization, driving higher ESOP value through transparency and education.[1][2]
Salto X OÜ was founded in 2021 in Tallinn, Estonia, as a provider of equity management tools tailored for remote startups navigating growth in regulated markets like the EU and UK.[1][3] While specific founder names are not detailed in available sources, the company emerged to address gaps in employee equity handling, initially focusing on automating ESOPs and cap tables before expanding into token incentive plans (TIPs) via blockchain-enabled company tokens.[1][3][4]
Early traction came from its user-friendly design, quick setup (under 5 minutes to try, 60 minutes with demo), and positive feedback on UX and support, positioning it as a go-to for startups scaling teams internationally; it has since joined the byFounders portfolio, validating its momentum in the startup ecosystem.[1][2]
Salto X rides the wave of remote-first startups and global talent wars, where equity incentives are key to hiring/retaining amid rising ESOP adoption in Europe.[1][2] Timing aligns with post-2021 regulatory shifts in EU/UK equity rules and blockchain's rise for tokenized incentives, enabling borderless plans without heavy legal overhead.[3][4]
Market forces like startup scaling in fragmented markets favor its compliance tools and education features, reducing admin burdens; as a byFounders portfolio company, it influences the ecosystem by empowering founders to offer competitive packages, fostering transparency in cap tables amid investor scrutiny.[2] This positions it against generalist tools by specializing in early-stage, employee-driven equity.
Salto X is poised for expansion via its Cake Equity merger, potentially scaling to full global cap table dominance with AI-enhanced tools and token plans unlocking Web3 equity models.[1] Trends like tokenized incentives and remote hiring will propel growth, especially as EU startups mature toward IPOs.
Its influence may evolve from niche ESOP helper to ecosystem standard, as more VCs like byFounders back similar platforms—watch for U.S. entry or deeper blockchain integration to capture the next equity boom.[2][4] This builds on its core strength: turning complex shares into simple, engaging rewards that fuel startup success.
Salto X has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2022 | $5M Seed | ByFounders, Blockwall | ALT Capital, Amplo, Flash Ventures, Flex Capital, Glenn Solomon, Sarona Ventures, The HIT Forge, Anthony Pompliano, Balaji Srinivasan, James Beshara, JOB VAN DER Voort, Tobias Lutke, Alex Gluchowski, LIU Jiang, 3Commas, BoxGroup | Announced |
Salto X has raised $5.0M in total across 1 funding round.
Salto X's investors include byFounders, Blockwall, Alt Capital, Amplo, Flash Ventures, Flex Capital, Glenn Solomon, Sarona Ventures, The Hit Forge, Anthony Pompliano, Balaji Srinivasan, James Beshara.