About Ada Growth
Ada Growth is a company based in Vienna (Austria) founded in 2021 by Kosima Kovar and Matthew Ziebarth.. Ada Growth has raised $1.12 million across 2 funding rounds from investors including Calm/Storm, Hansi Hansmann and Alfred Luger. Ada Growth offers products and services including Viora App and Newsletter. Ada Growth operates in a competitive market with competitors including Yourself, MprooV, Mindful, Success Gyan and CharisMe, among others.
- Headquarter Vienna, Austria
- Founders Kosima Kovar, Matthew Ziebarth
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Viora Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.12 M (USD)
in 2 rounds
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Latest Funding Round
$1.12 M (USD), Seed
Jul 20, 2023
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Investors
Calm/Storm
& 2 more
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Employee Count
Employee Count
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Products & Services of Ada Growth
Ada Growth offers a comprehensive portfolio of products and services, including Viora App and Newsletter. 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.
App delivers daily tips and videos for gender diversity training.
Subscription provides updates on diversity initiatives and resources.
Funding Insights of Ada Growth
Ada Growth has successfully raised a total of $1.12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.12 million completed in July 2023. 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 Seed — $1.1M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Ada Growth | Valuation | Hansi Hansmann | |
| Jun, 2022 | Amount | Angel Round - Ada Growth | Valuation | Hansi Hansmann |
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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 Ada Growth
Ada Growth has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Calm/Storm, Hansi Hansmann and Alfred Luger. 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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Early-stage venture capital investments are focused on startups.
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Founded Year | Domain | Location | |
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HH
Hansi Hansmann |
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Founded Year | Domain | Location |
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AL
Alfred Luger |
Angel investor and entrepreneur, co-founder of Luger Group, active in Indian startups
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ada Growth
| 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 - Ada Growth
| 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 |
Ada Growth Comparisons
Competitors of Ada Growth
Ada Growth 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 Yourself, MprooV, Mindful, Success Gyan and CharisMe, 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 platform for self-development learning and personality tests is provided.
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| domain | founded_year | HQ Location |
Online skill development platform
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| domain | founded_year | HQ Location |
Healthy life and mind services are provided by Mindful.
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| domain | founded_year | HQ Location |
Offers an online platform for personal and professional development learning.
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| domain | founded_year | HQ Location |
Social skills are enhanced through a dedicated mobile training app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Ada Growth
Frequently Asked Questions about Ada Growth
When was Ada Growth founded?
Ada Growth was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Ada Growth located?
Ada Growth is headquartered in Vienna, Austria.
Who is the current CEO of Ada Growth?
Kosima Kovar is the current CEO of Ada Growth. They have also founded this company.
Is Ada Growth a funded company?
Ada Growth is a funded company, having raised a total of $1.12M across 2 funding rounds to date.
What does Ada Growth do?
Ada Growth was founded in 2021 in Vienna, Austria, as an online platform in the education technology sector. Short videos containing practical tips for personal and professional goals targeted at women are offered. Mobile applications for Android and iOS devices support access to these resources, enabling users to engage with content remotely. Operations focus on digital delivery of skill-building materials.
Who are the top competitors of Ada Growth?
What products or services does Ada Growth offer?
Ada Growth offers Viora App and Newsletter.
Who are Ada Growth's investors?
Ada Growth has 3 investors. Key investors include Calm/Storm, Hansi Hansmann, and Alfred Luger.