About Banovo
Banovo is a company based in Munchen (Germany) founded in 2015. It operates as a B2C. Banovo has raised $1.48 million across 1 funding round from investors including Felix Jahn, HW Capital and WENVEST Capital. The company has 105 employees as of December 31, 2020. Banovo operates in a competitive market with competitors including Houzz, Homebell, Seniovo and VECTIS Planer, among others.
- Headquarter Munchen, Germany
- Employees 105 as on 31 Dec, 2020
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Banovo Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.48 M (USD)
in 1 rounds
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Latest Funding Round
$1.48 M (USD), Seed
Jan 22, 2019
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Investors
Felix Jahn
& 4 more
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Employee Count
105
as on Dec 31, 2020
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Funding Insights of Banovo
Banovo has successfully raised a total of $1.48M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.48 million completed in January 2019. 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 1
- Last Round Seed — $1.5M
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First Round
First Round
(22 Jan 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Seed - Banovo | Valuation | HW Capital |
| 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 Banovo
Banovo has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Felix Jahn, HW Capital and WENVEST Capital. 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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Venture capital funding is provided to startups by this firm.
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Founded Year | Domain | Location | |
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Seed-stage tech investments in Europe are made by HW Capital.
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Founded Year | Domain | Location | |
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Early-stage venture capital is provided by WENVEST Capital.
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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 Banovo
| 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 - Banovo
| 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 |
Banovo Comparisons
Competitors of Banovo
Banovo 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 Houzz, Homebell, Seniovo and VECTIS Planer, 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 |
Home design, decorating, and renovation platform is operated online.
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| domain | founded_year | HQ Location |
Home improvement services are provided via an online marketplace platform.
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| domain | founded_year | HQ Location |
Provider of renovation services for senior citizens
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| domain | founded_year | HQ Location |
Provides an app-based cost estimation tool for home improvement services.
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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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Frequently Asked Questions about Banovo
When was Banovo founded?
Banovo was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Banovo located?
Banovo is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Banovo a funded company?
Banovo is a funded company, having raised a total of $1.48M across 1 funding round to date. The company's 1st funding round was a Seed of $1.48M, raised on Jan 22, 2019.
How many employees does Banovo have?
As of Dec 31, 2020, the latest employee count at Banovo is 105.
What does Banovo do?
Banovo, founded in 2015 in Munchen, Germany, focuses on construction and real estate, offering home improvement solutions, renovation services, and bathroom renovation. Offers professional bathroom renovation services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Banovo?
Who are Banovo's investors?
Banovo has 5 investors. Key investors include Felix Jahn, HW Capital, WENVEST Capital, Felix Jahn, and ApolloCapital.
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