About BeCause
BeCause is a company based in Copenhagen (Denmark) founded in 2018.. BeCause has raised $2.95 million across 3 funding rounds from investors including Innovationsfonden, Copenhagen Business School and Curiosity Venture Capital. The company has 25 employees as of November 30, 2024. BeCause operates in a competitive market with competitors including Amini, Ubuntoo, ProductBio, Instinct and EsgMax, among others.
- Headquarter Copenhagen, Denmark
- Employees 25 as on 30 Nov, 2024
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Because Aps
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Annual Revenue
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Net Profit
$-537.15 K (USD)-389as on Dec 31, 2023
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EBITDA
$-570.52 K (USD)-420as on Dec 31, 2023
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Total Equity Funding
$2.95 M (USD)
in 3 rounds
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Latest Funding Round
$600 K (USD), Seed
Feb 22, 2024
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Investors
Innovationsfonden
& 7 more
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Employee Count
25
as on Nov 30, 2024
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Software Development Team
4 people
Product Management Team
1 people
CTO Team
1 people
Front Team
1 people
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Funding Insights of BeCause
BeCause has successfully raised a total of $2.95M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in February 2024. 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 — $600,000
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First Round
First Round
(17 May 2023)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Seed - BeCause | Valuation | Curiosity |
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| Nov, 2023 | Amount | Seed - BeCause | Valuation | Ugly Duckling Ventures , Superangel | |
| May, 2023 | Amount | Seed - BeCause | 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 BeCause
BeCause has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Innovationsfonden, Copenhagen Business School and Curiosity Venture 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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Early-stage investments are made in AI software companies.
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Venture capital firm focused pre-seed and seed stage investments
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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 BeCause
| 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 - BeCause
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Because Comparisons
Competitors of BeCause
BeCause 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 Amini, Ubuntoo, ProductBio, Instinct and EsgMax, 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 |
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| domain | founded_year | HQ Location |
AI-driven environmental sustainability data and analytics are provided.
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Organizations are connected to sustainable solutions via AI-powered platform.
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| domain | founded_year | HQ Location |
Product sustainability information database
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| domain | founded_year | HQ Location |
Automated wildlife monitoring technology is provided for species detection.
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| domain | founded_year | HQ Location |
AI platform is utilized for sustainability data reporting by businesses.
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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 Because
Frequently Asked Questions about BeCause
When was BeCause founded?
BeCause was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is BeCause located?
BeCause is headquartered in Copenhagen, Denmark.
Is BeCause a funded company?
BeCause is a funded company, having raised a total of $2.95M across 3 funding rounds to date. The company's 1st funding round was a Seed of $450K, raised on May 17, 2023.
How many employees does BeCause have?
As of Nov 30, 2024, the latest employee count at BeCause is 25.
What does BeCause do?
BeCause was founded in 2018 in Copenhagen, Denmark. A platform for managing sustainability data is offered to companies in the travel and tourism sector. Information is collected through AI-powered automation, reducing manual tasks. Communication is enabled between booking platforms, hotels, industry associations, and organizations to support data sharing and reporting needs. Operations focus on the European market with tools for compliance and transparency.
Who are the top competitors of BeCause?
Who are BeCause's investors?
BeCause has 8 investors. Key investors include Innovationsfonden, Copenhagen Business School, Curiosity Venture Capital, Ugly Duckling Ventures, and Superangel.
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