About Baloon
Baloon is a company based in Serris (France) founded in 2017 by Bertrand Vialle and Benoit Seaux.. Baloon has raised $4.62 million across 2 funding rounds from investors including P1 Ventures, Acuity Ventures and Myrtus Venture. Baloon offers products and services including Baloon Platform. Baloon operates in a competitive market with competitors including Meilleurtaux, Empruntis, Fluo, Devisprox and LeComparateurAssurance, among others.
- Headquarter Serris, France
- Founders Bertrand Vialle, Benoit Seaux
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.62 M (USD)
in 2 rounds
-
Latest Funding Round
$2.49 M (USD), Seed
Dec 09, 2021
-
Investors
P1 Ventures
& 4 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Baloon
Baloon offers a comprehensive portfolio of products and services, including Baloon Platform. 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.
Online tool for insurance subscription and secure management.
Funding Insights of Baloon
Baloon has successfully raised a total of $4.62M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.49 million completed in December 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 2
- Last Round Seed — $2.5M
-
First Round
First Round
(01 Jul 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Seed - Baloon | Valuation | P1 Ventures , Acuity Ventures | |
| Jul, 2020 | Amount | Seed - Baloon | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Baloon
Baloon has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include P1 Ventures, Acuity Ventures and Myrtus Venture. 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 |
|---|---|---|---|---|
|
Venture capital funding is provided to African tech startups by P1 Ventures.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Startup financing and mentorship are provided by Myrtus Venture.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Baloon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Baloon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Baloon Comparisons
Competitors of Baloon
Baloon 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 Meilleurtaux, Empruntis, Fluo, Devisprox and LeComparateurAssurance, 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 |
Insurance and loan comparisons are offered through a mobile app.
|
|
| domain | founded_year | HQ Location |
Financial products including mortgages and loans are compared by users.
|
|
| domain | founded_year | HQ Location |
Insurance covers are reviewed for consumers to prevent duplicate payments.
|
|
| domain | founded_year | HQ Location |
Online comparisons for loans, insurance, investments, and services are facilitated.
|
|
| domain | founded_year | HQ Location |
Insurance quotes for auto, health, and home are compared online.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Baloon
When was Baloon founded?
Baloon was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Baloon located?
Baloon is headquartered in Serris, France. It is registered at Serris, Ile-de-france, France.
Is Baloon a funded company?
Baloon is a funded company, having raised a total of $4.62M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.13M, raised on Jul 01, 2020.
What does Baloon do?
Baloon was established in 2017 in Serris, France, as an insurance comparison platform. Services are focused on providing quotes for various insurance types, including health, life, accident, and motor policies. Operations are conducted through an online domain targeting African markets, with co-founders Bertrand Vialle and Benoit Seaux leading the company in the fintech and insurance sector.
Who are the top competitors of Baloon?
Baloon's top competitors include Meilleurtaux, Empruntis and Fluo.
What products or services does Baloon offer?
Baloon offers Baloon Platform.
Who are Baloon's investors?
Baloon has 5 investors. Key investors include P1 Ventures, Acuity Ventures, Myrtus Venture, Pierre- Olivier Desaulle, and Nelly Brossard.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.