About Awingu
Awingu is a company based in Ghent (Belgium) founded in 2011 was acquired by Corel in June 2022.. Awingu has raised $2.94 million across 2 funding rounds from investors including Proximus Group, Corel and Pamica. The company has 16 employees as of December 31, 2021. Awingu operates in a competitive market with competitors including Box, WeTransfer, Dropbox, Egnyte and Crossbeam, among others.
- Headquarter Ghent, Belgium
- Employees 16 as on 31 Dec, 2021
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Awingu
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Annual Revenue
$1.06 M (USD)12as on Dec 31, 2021
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Net Profit
$-632.51 K (USD)40as on Dec 31, 2021
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EBITDA
$-619.07 K (USD)39as on Dec 31, 2021
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Total Equity Funding
$2.94 M (USD)
in 2 rounds
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Latest Funding Round
$2.94 M (USD), Series A
Jun 30, 2016
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Investors
Proximus Group
& 4 more
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Employee Count
16
as on Dec 31, 2021
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Acquired by
Corel
(Jun 13, 2022)
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Funding Insights of Awingu
Awingu has successfully raised a total of $2.94M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.94 million completed in June 2016. 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 Series A — $2.9M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Series A - Awingu | Valuation | Michel Akkermans | |
| Jul, 2011 | Amount | Seed - Awingu | 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 Awingu
Awingu has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Proximus Group, Corel and Pamica. 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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Founded Year | Domain | Location | |
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Investments in early-stage startups are focused on by Hummingbird Ventures.
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Founded Year | Domain | Location | |
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Telephony, internet, television, and network-based ICT services are provided.
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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 Awingu
| 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 - Awingu
| 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 |
Awingu Comparisons
Competitors of Awingu
Awingu 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 Box, WeTransfer, Dropbox, Egnyte and Crossbeam, 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 |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and file transfer application
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| domain | founded_year | HQ Location |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Platform that offers data governance and file sharing solutions
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| domain | founded_year | HQ Location |
Collaborative platform for data security and privacy is provided.
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| domain | founded_year | HQ Location |
Large files are shared efficiently via a cloud-based protocol.
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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 Awingu
Frequently Asked Questions about Awingu
When was Awingu founded?
Awingu was founded in 2011.
Where is Awingu located?
Awingu is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
Is Awingu a funded company?
Awingu is a funded company, having raised a total of $2.94M across 2 funding rounds to date.
How many employees does Awingu have?
As of Dec 31, 2021, the latest employee count at Awingu is 16.
What is the annual revenue of Awingu?
Annual revenue of Awingu is $1.06M as on Dec 31, 2021.
What does Awingu do?
Awingu was founded in 2011 in Ghent, Belgium, as a provider of cloud-based file-sharing software. A browser-based workspace is offered by the company, where files and applications are aggregated into a secure online environment. Access is enabled from any device or operating system through HTML5-compatible browsers. Features such as file management, document preview, HD audio and video streaming, session sharing, and multi-device compatibility are included in the operations.
Who are the top competitors of Awingu?
Awingu's top competitors include Box, WeTransfer and Dropbox.
Who are Awingu's investors?
Awingu has 5 investors. Key investors include Proximus Group, Corel, Pamica, Michel Akkermans, and Hummingbird Ventures.