About Benivo
Benivo is a company based in London (United Kingdom) founded in 2010.. Benivo has raised $22 million across 2 funding rounds from investors including Updata Partners. The company has 34 employees as of November 30, 2022. Benivo offers products and services including Relocation Services, Mobility Tech, Immigration Management Hub, Payment Capabilities, and Benivo Supply Partners. Benivo operates in a competitive market with competitors including Tripeur, Paytrack, Jobbatical, Topia and JESI, among others.
- Headquarter London, United Kingdom
- Employees 34 as on 30 Nov, 2022
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Benivo Limited
- Date of Incorporation 01 Jun, 2010
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series B
Sep 13, 2022
- Investors
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Employee Count
34
as on Nov 30, 2022
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Products & Services of Benivo
Benivo offers a comprehensive portfolio of products and services, including Relocation Services, Mobility Tech, Immigration Management Hub, Payment Capabilities, and Benivo Supply Partners. 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.
Streamlines employee relocation with high-tech tracking and management.
Optimizes mobility through cost estimates and API integrations.
Manages immigration processes on a dedicated platform.
Handles vendor payments and expense reimbursements securely.
Connects partners for housing and language training support.
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Funding Insights of Benivo
Benivo has successfully raised a total of $22M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in September 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 2
- Last Round Series B — $12.0M
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First Round
First Round
(02 Feb 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series B - Benivo | Valuation | Updata Partners |
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| Feb, 2017 | Amount | Series B - Benivo | Valuation |
investors |
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| 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 Benivo
Benivo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Updata 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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Private equity investments are directed toward multiple sectors.
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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 Benivo
| 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 - Benivo
| 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 |
Benivo Comparisons
Competitors of Benivo
Benivo 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 Tripeur, Paytrack, Jobbatical, Topia and JESI, 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 and cloud-driven corporate travel management solutions are provided.
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| domain | founded_year | HQ Location |
Online expense management and reimbursement software is offered for enterprises.
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| domain | founded_year | HQ Location |
Employee relocation services are managed via an online platform.
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| domain | founded_year | HQ Location |
Cloud-based management of mobile workforces and employee relocations is facilitated.
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| domain | founded_year | HQ Location |
Remote worker management software
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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 Benivo
Frequently Asked Questions about Benivo
When was Benivo founded?
Benivo was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Where is Benivo located?
Benivo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Benivo a funded company?
Benivo is a funded company, having raised a total of $22M across 2 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Feb 02, 2017.
How many employees does Benivo have?
As of Nov 30, 2022, the latest employee count at Benivo is 34.
What does Benivo do?
Benivo was founded in 2010 in London, United Kingdom, within the employee mobility sector. A cloud-based platform is operated to support relocation processes. Employees are provided access to company-branded content, local guides, SIM cards, deferred deposits, visa handling, social networking insights, and school consultation services. Operations focus on facilitating smooth transitions for workforce movements internationally.
Who are the top competitors of Benivo?
Benivo's top competitors include Tripeur, Paytrack and Jobbatical.
What products or services does Benivo offer?
Benivo offers Relocation Services, Mobility Tech, Immigration Management Hub, Payment Capabilities, and Benivo Supply Partners.
Who are Benivo's investors?
Benivo has 1 investor. Key investors include Updata Partners.
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