About Benefit Tech
Benefit Tech is a company based in Aarhus (Denmark) founded in 2015 by Jakob Flarup Ollgaard, Mikkel Stampe Pedersen, and Jonas West alro.. The company has 7 employees as of December 31, 2022. Benefit Tech operates in a competitive market with competitors including Sweatcoin, OneCause, Givebutter, EngageSmart and Snap Raise, among others.
- Headquarter Aarhus, Denmark
- Employees 7 as on 31 Dec, 2022
- Founders Jakob Flarup Ollgaard, Mikkel Stampe Pedersen, Jonas West alro
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Sectors
HealthcareGovernment & Social Sector
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Benefit Technologies Aps
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
7
as on Dec 31, 2022
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Funding Insights of Benefit Tech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2017 | Amount | Seed - Benefit Tech | 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 Benefit Tech
Benefit Tech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PSV Deeptech. 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 |
| 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 Benefit Tech
| 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 - Benefit Tech
| 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 |
Benefit Tech Comparisons
Competitors of Benefit Tech
Benefit Tech 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 Sweatcoin, OneCause, Givebutter, EngageSmart and Snap Raise, 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 |
Fitness activities are tracked and rewarded with cryptocurrency.
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| domain | founded_year | HQ Location |
Cloud-based auction systems for nonprofit fundraising events are managed.
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| domain | founded_year | HQ Location |
Cloud-based fundraising platform is offered for nonprofit organizations.
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| domain | founded_year | HQ Location |
Provider of cloud-based donor engagement platform
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| domain | founded_year | HQ Location |
Online fundraising platforms are offered to nonprofit organizations.
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| domain | founded_year | HQ Location |
Nonprofit fundraising is enabled via an online donation platform.
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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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Frequently Asked Questions about Benefit Tech
When was Benefit Tech founded?
Benefit Tech was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Benefit Tech located?
Benefit Tech is headquartered in Aarhus, Denmark.
Who is the current CEO of Benefit Tech?
Jonas West alro is the current CEO of Benefit Tech. They have also founded this company.
How many employees does Benefit Tech have?
As of Dec 31, 2022, the latest employee count at Benefit Tech is 7.
What does Benefit Tech do?
Benefit Technologies was founded in 2015 in Aarhus, Denmark, within the fitness technology sector. The Beefit app has been developed to monitor user activities and store related data. Goals are established by users, competitions joined, and personal records created and maintained through the platform. Operations focus on personal health management tools accessible digitally.
Who are the top competitors of Benefit Tech?
Benefit Tech's top competitors include Snap Raise, OneCause and EngageSmart.
Who are Benefit Tech's investors?
Benefit Tech has 1 investor. Key investors include PSV Deeptech.