About 60mo
60mo is a company based in Edinburgh (United Kingdom) founded in 2009 was acquired by FreeAgent in May 2012.. 60mo has raised $1.2 million across 2 funding rounds from investors including FreeAgent and Lightbank. 60mo offers products and services including Wealth Phantom Platform. 60mo operates in a competitive market with competitors including Brightflow AI, Centage, Causal, Up and Board, among others.
- Headquarter Edinburgh, United Kingdom
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of 60mo
60mo offers a comprehensive portfolio of products and services, including Wealth Phantom Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates online trading of assets with tools for market monitoring and account support.
Funding Insights of 60mo
60mo has successfully raised a total of $1.2M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in January 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $1.0M
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First Round
First Round
(29 Jun 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2011 | Amount | Series A - 60mo | Valuation |
investors |
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| Jun, 2009 | Amount | Seed - 60mo | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 60mo
60mo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include FreeAgent and Lightbank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech focused seed & early stage VC firm investing primarily in the US
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Cloud-based accounting software is provided for small businesses and freelancers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by 60mo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 60mo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
60Mo Comparisons
Competitors of 60mo
60mo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brightflow AI, Centage, Causal, Up and Board, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based AI-driven cash flow forecasting is offered for businesses.
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| domain | founded_year | HQ Location |
Budgeting and planning software solutions for small to medium sized businesses.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and predictive analytics are offered to businesses.
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| domain | founded_year | HQ Location |
Up is recognized as a digital banking platform in Australia.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and analysis and budgeting solutions for enterprises
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| domain | founded_year | HQ Location |
Money management tools are offered via an app for individuals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 60mo
When was 60mo founded?
60mo was founded in 2009.
Where is 60mo located?
60mo is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Is 60mo a funded company?
60mo is a funded company, having raised a total of $1.2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Jun 29, 2009.
What does 60mo do?
60mo was founded in 2009 in Edinburgh, United Kingdom, as a software tool in the business finance and forecasting sector. Data from QuickBooks, FreshBooks, and financial institutions including Bank of America, Chase, and American Express is imported into the online platform. Financial projections are generated, budgets are tracked, and relevant information is shared with accountants or investors as needed.
Who are the top competitors of 60mo?
60mo's top competitors include Up, Centage and Brightflow AI.
What products or services does 60mo offer?
60mo offers Wealth Phantom Platform.
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