About Amodo
Amodo is a company based in Zagreb (Croatia) founded in 2013 by Gorjan Agacevic was acquired by Cambridge Mobile Telematics in March 2023.. Amodo has raised $3.79 million across 3 funding rounds from investors including Cambridge Mobile Telematics, Speedinvest and Lead Ventures. Amodo operates in a competitive market with competitors including Webfleet, LAQO, Omoove, Axon Telematics and CXZ Telematics, among others.
- Headquarter Zagreb, Croatia
- Founders Gorjan Agacevic
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Amodo D.O.O.
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Annual Revenue
$1.63 M (USD)59as on Dec 31, 2021
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Net Profit
$-140.34 K (USD)90as on Dec 31, 2021
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EBITDA
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Total Equity Funding
$3.79 M (USD)
in 3 rounds
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Latest Funding Round
$3.25 M (USD), Series A
May 11, 2020
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Investors
Cambridge Mobile Telematics
& 3 more
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Employee Count
Employee Count
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Acquired by
Cambridge Mobile Telematics
(Mar 01, 2023)
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Funding Insights of Amodo
Amodo has successfully raised a total of $3.79M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.25 million completed in May 2020. 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 Series A — $3.2M
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First Round
First Round
(21 Jan 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series A - Amodo | Valuation | Lead Ventures |
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| Jun, 2016 | Amount | Seed - Amodo | Valuation |
investors |
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| Jan, 2015 | Amount | Seed - Amodo | Valuation |
investors |
| 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 Amodo
Amodo has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Cambridge Mobile Telematics, Speedinvest and Lead Ventures. 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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Investments in multiple sectors are handled by Lead Ventures.
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Founded Year | Domain | Location | |
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Early-stage venture capital and startup acceleration are provided.
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Founded Year | Domain | Location | |
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Enterprise startups are accelerated via a 6-month program.
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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 Amodo
| 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 - Amodo
| 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 |
Amodo Comparisons
Competitors of Amodo
Amodo 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 Webfleet, LAQO, Omoove, Axon Telematics and CXZ Telematics, 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 |
Provides cloud-based fleet management software solutions.
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| domain | founded_year | HQ Location |
Offers digital insurance for vehicles, travel, and pets via app in Croatia.
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| domain | founded_year | HQ Location |
Telematics services for insurance, fleet management, and automotive industries.
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| domain | founded_year | HQ Location |
Transforms complex data into analytics for insurers and automotive businesses worldwide.
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| domain | founded_year | HQ Location |
Delivers a cloud-based platform for efficient vehicle maintenance and monitoring.
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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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Latest news on Amodo
Frequently Asked Questions about Amodo
When was Amodo founded?
Amodo was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Amodo located?
Amodo is headquartered in Zagreb, Croatia.
Who is the current CEO of Amodo?
Marijan Mumdziev is the current CEO of Amodo.
Is Amodo a funded company?
Amodo is a funded company, having raised a total of $3.79M across 3 funding rounds to date. The company's 1st funding round was a Seed of $36K, raised on Jan 21, 2015.
What is the annual revenue of Amodo?
Annual revenue of Amodo is $1.63M as on Dec 31, 2021.
What does Amodo do?
Amodo was founded in 2013 in Zagreb, Croatia, as a provider of an AI-enabled platform focused on insurance telematics. Driver behavior insights are gathered through this platform to assist insurers in developing tailored products for corporate clients. Solutions are delivered to insurance companies and digital brokers, supporting operations in the insurance sector across Europe. The platform enables data-driven decision-making for risk assessment and policy customization.
Who are Amodo's investors?
Amodo has 4 investors. Key investors include Cambridge Mobile Telematics, Speedinvest, Lead Ventures, and Alchemist Accelerator.
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