A23 Labs

Kampala, Uganda Founded: 2013 • Age: 13 yrs
Digital solutions provider
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About A23 Labs

A23 Labs is a company based in Kampala (Uganda) founded in 2013 by Joel Mwanja.. A23 Labs operates in a competitive market with competitors including Bending Spoons, IDnow, Socure, Alloy and ION Group, among others.

  • Headquarter Kampala, Uganda
  • Founders Joel Mwanja
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of A23 Labs

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2019 Amount Grant - A23 Labs Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in A23 Labs

A23 Labs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EIT Health. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Healthcare startups are accelerated and incubated through specialized programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by A23 Labs

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - A23 Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

A23 Labs Comparisons

Employees
+
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Competitors of A23 Labs

A23 Labs 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 Bending Spoons, IDnow, Socure, Alloy and ION Group, 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
Mobile applications and AI technologies are developed and operated.
domain founded_year HQ Location
Automated and expert-led identity verification services are provided.
domain founded_year HQ Location
AI-based identity verification and fraud detection are provided.
domain founded_year HQ Location
Identity decisioning platform is provided for banks and fintech firms.
domain founded_year HQ Location
Treasury management solutions are provided for financial institutions and banks.
domain founded_year HQ Location
AI-powered identity verification and fraud protection solutions are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on A23 Labs

Frequently Asked Questions about A23 Labs

When was A23 Labs founded?

A23 Labs was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Where is A23 Labs located?

A23 Labs is headquartered in Kampala, Uganda.

Who is the current CEO of A23 Labs?

Joel Mwanja is the current CEO of A23 Labs. They have also founded this company.

What does A23 Labs do?

A23Labs is a digital solutions provider. The company designs, develops, and deploys web-based systems for organizations and other key stakeholders. Creates mobile app-based solutions on the Android, iOS and Windows Phone platforms. Also develops USSD AND IVR systems. A23Labs takes care of cloud computing, premium web hosting, and APIs automation. Phaneroo, WinnerPlus Kindergaten, XO, Gracious tours travels, etc are few of the clients.

Who are the top competitors of A23 Labs?

A23 Labs's top competitors include IDnow, Bending Spoons and Craft.

Who are A23 Labs's investors?

A23 Labs has 1 investor. Key investors include EIT Health.

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