About Azumo
Azumo is a company based in Chicago (United States) founded in 2004.. Azumo has raised $56.08 million across 5 funding rounds from investors including SABIC, VectoIQ and Anzu Partners. The company has 1 employees as of January 31, 2022. Azumo operates in a competitive market with competitors including Luminus Devices, Universal Display Corporation, Phoseon, Aledia and Plessey, among others.
- Headquarter Chicago, United States
- Employees 1 as on 31 Jan, 2022
- Stage Minicorn
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Sectors
Energy & UtilitiesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Azumo Assist Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.08 M (USD)
in 5 rounds
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Latest Funding Round
$30 M (USD), Series B
May 10, 2022
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Investors
SABIC
& 7 more
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Employee Count
1
as on Jan 31, 2022
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Funding Insights of Azumo
Azumo has successfully raised a total of $56.08M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in May 2022. 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 5
- Last Round Series B — $30.0M
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First Round
First Round
(13 Jan 2014)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - Azumo | Valuation | Anzu Partners | |
| Dec, 2020 | Amount | Series B - Azumo | Valuation | Anzu Partners |
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| Nov, 2018 | Amount | Series B - Azumo | Valuation | Energy Foundry |
| 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 Azumo
Azumo has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include SABIC, VectoIQ and Anzu 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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Investments are made in industrial and life sciences technology companies.
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Founded Year | Domain | Location | |
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Early-stage deep tech investments are made by Dipalo Ventures.
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Founded Year | Domain | Location | |
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Venture capital is provided for critical industries by Earth Foundry.
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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 Azumo
| 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 - Azumo
| 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 |
Azumo Comparisons
Competitors of Azumo
Azumo 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 Luminus Devices, Universal Display Corporation, Phoseon, Aledia and Plessey, 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 |
Patented LEDs are manufactured for lighting and display applications.
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| domain | founded_year | HQ Location |
OLED materials and technology are supplied for displays and lighting.
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| domain | founded_year | HQ Location |
Manufacturer of UV LED systems for life sciences and industrial curing. These systems are used in a variety of applications, including LED curing for printing and coatings, chromatography, decontamination, disinfection, fluorescence imaging, and photochemistry. Products are offered in various sizes to meet diverse application needs. The company also provides support and resources for its customers.
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| domain | founded_year | HQ Location |
Provider of micro LED-based display systems
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| domain | founded_year | HQ Location |
Plessey is focused on developing advanced microLED display solutions.
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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 Azumo
Frequently Asked Questions about Azumo
When was Azumo founded?
Azumo was founded in 2004 and raised its 1st funding round 10 years after it was founded.
Where is Azumo located?
Azumo is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Azumo a funded company?
Azumo is a funded company, having raised a total of $56.08M across 5 funding rounds to date. The company's 1st funding round was a Series B of $9M, raised on Jan 13, 2014.
How many employees does Azumo have?
As of Jan 31, 2022, the latest employee count at Azumo is 1.
What does Azumo do?
Azumo was founded in 2004 in Chicago, United States, and operates in the display technology sector. Front-lit liquid crystal displays are developed, focusing on low power consumption through reflective designs. Features such as thin stacks, ambient light use, color enhancement, and efficient LEDs are incorporated. Applications span medical devices, education, industry, wearables, automotive, consumer electronics, and IoT systems.
Who are the top competitors of Azumo?
Azumo's top competitors include Luminus Devices, Universal Display Corporation and Aledia.
Who are Azumo's investors?
Azumo has 8 investors. Key investors include SABIC, VectoIQ, Anzu Partners, Dipalo Ventures, and Earth Foundry.
What is Azumo's valuation?
The valuation of Azumo is $5.94M as of Dec 2020.
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