About Ambassify
Ambassify is a company based in Beringen (Belgium) founded in 2010 by Bert Celis, Wim Mostmans, and Koen Stevens. It operates as a SaaS (Software-as-a-Service). Ambassify has raised $2.51 million across 3 funding rounds from investors including ING, LRM and imec.istart. The company has 12 employees as of December 31, 2021. Ambassify has completed 1 acquisition, including Social Seeder. Ambassify offers products and services including Employee Advocacy Platform and AI Content Assistant. Ambassify operates in a competitive market with competitors including Culture Amp, BNI, ScribbleLive, Extole and Firstup, among others.
- Headquarter Beringen, Belgium
- Employees 12 as on 31 Dec, 2021
- Founders Bert Celis, Wim Mostmans, Koen Stevens
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ambassify Nv
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Annual Revenue
$1.95 M (USD)30as on Dec 31, 2022
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Net Profit
$7.69 K (USD)-6as on Dec 31, 2022
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EBITDA
$119.48 K (USD)-18as on Dec 31, 2022
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Total Equity Funding
$2.51 M (USD)
in 3 rounds
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Latest Funding Round
$2.38 M (USD), Seed
Mar 23, 2021
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Investors
ING
& 2 more
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Employee Count
12
as on Dec 31, 2021
- Investments & Acquisitions
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Products & Services of Ambassify
Ambassify offers a comprehensive portfolio of products and services, including Employee Advocacy Platform and AI Content Assistant. 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.
Platform for enhancing brand visibility through employee networks.
Tool for generating campaign suggestions using AI technology.
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Funding Insights of Ambassify
Ambassify has successfully raised a total of $2.51M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.38 million completed in March 2021. 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 3
- Last Round Seed — $2.4M
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First Round
First Round
(01 Jun 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Ambassify | Valuation | LRM , ING |
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| Jun, 2012 | Amount | Seed - Ambassify | Valuation | imec.istart |
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| Jun, 2011 | Amount | Seed - Ambassify | Valuation | imec.istart |
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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 Ambassify
Ambassify has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include ING, LRM and imec.istart. 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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LRM is engaged in providing risk capital and smart money to businesses in Limburg.
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Founded Year | Domain | Location | |
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Funding solutions for tech startups are provided by the accelerator.
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Founded Year | Domain | Location | |
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Commercial banking and insurance services are provided globally by ING.
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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 Ambassify
Ambassify has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Social Seeder. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Platform for social advocacy for organizations through ambassadors
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ambassify
| 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 |
Ambassify Comparisons
Competitors of Ambassify
Ambassify 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 Culture Amp, BNI, ScribbleLive, Extole and Firstup, 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 |
Employee experience management platform
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| domain | founded_year | HQ Location |
Referral marketing solutions are provided to businesses through networking platforms.
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| domain | founded_year | HQ Location |
Employee engagement is supported through interactive assessments and polls.
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| domain | founded_year | HQ Location |
B2C and P2P referral automation platform
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| domain | founded_year | HQ Location |
Cloud-based communication and employee experience management platform for enterprises
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| domain | founded_year | HQ Location |
Employee benefits and engagement are delivered via a cloud-based platform.
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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 Ambassify
Frequently Asked Questions about Ambassify
When was Ambassify founded?
Ambassify was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Ambassify located?
Ambassify is headquartered in Beringen, Belgium.
Who is the current CEO of Ambassify?
Koen Stevens is the current CEO of Ambassify. They have also founded this company.
Is Ambassify a funded company?
Ambassify is a funded company, having raised a total of $2.51M across 3 funding rounds to date. The company's 1st funding round was a Seed of $64.7K, raised on Jun 01, 2011.
How many employees does Ambassify have?
As of Dec 31, 2021, the latest employee count at Ambassify is 12.
What is the annual revenue of Ambassify?
Annual revenue of Ambassify is $1.95M as on Dec 31, 2022.
What does Ambassify do?
Ambassify is established as a prominent employee advocacy platform focused on amplifying brand visibility and reach through social media. Solutions are provided for various sectors including HR, financial services, and corporate branding. The platform is utilized to build employee communities, enhance internal culture, and scale marketing efforts by leveraging authentic employee voices. Features such as AI content assistance, extensive reporting, and integrations with tools like Zapier and Salesforce are offered to support user engagement and content distribution.
Who are the top competitors of Ambassify?
Ambassify's top competitors include Culture Amp, Extole and BNI.
What products or services does Ambassify offer?
Ambassify offers Employee Advocacy Platform and AI Content Assistant.
How many acquisitions has Ambassify made?
Ambassify has made 1 acquisition, including Social Seeder.
Who are Ambassify's investors?
Ambassify has 3 investors. Key investors include ING, LRM, and imec.istart.
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