About Arengu
Arengu is a company based in Vigo (Spain) founded in 2017 by Sergio Regueira and Jacobo Vidal Abeigón was acquired by Okta in June 2023.. Arengu has raised $671.81 thousand across 3 funding rounds from investors including Okta, VIKO and Lanai Partners.
- Headquarter Vigo, Spain
- Founders Sergio Regueira, Jacobo Vidal Abeigón
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of Arengu
Arengu has successfully raised a total of $671.81K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in September 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 — $125,000
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Seed - Arengu | Valuation | Y Combinator |
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| Feb, 2020 | Amount | Seed - Arengu | Valuation | K Fund , Lanai Partners | |
| Jul, 2018 | Amount | Seed - Arengu | Valuation | VIKO |
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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 Arengu
Arengu has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Okta, VIKO and Lanai Partners. 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 startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Venture capital is invested in technology-based product and service companies.
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Founded Year | Domain | Location | |
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Venture capital investments in pre-seed startups across various industries.
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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 Arengu
| 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 - Arengu
| 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 |
Arengu Comparisons
Competitors of Arengu
| 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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Frequently Asked Questions about Arengu
When was Arengu founded?
Arengu was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Arengu located?
Arengu is headquartered in Vigo, Spain. It is registered at Vigo, Galicia, Spain.
Is Arengu a funded company?
Arengu is a funded company, having raised a total of $671.81K across 3 funding rounds to date.
What does Arengu do?
Founded in 2017 in Vigo, Spain, Arengu operates in the software sector, focusing on authentication tools. Registration and login forms are built by users through its platform, alongside personalized email creation and SMSemail verification flows. Multi-step sign-up forms are also designed and deployed to streamline customer onboarding. The service supports various digital engagement needs for businesses.
Who are Arengu's investors?
Arengu has 6 investors. Key investors include Okta, VIKO, Lanai Partners, Y Combinator, and K Fund.
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