Bionic

London, United Kingdom Founded: 2007 • Age: 19 yrs Acquired By OMERS
Insurance comparisons and business loans are offered online to companies.
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About Bionic

Bionic is a company based in London (United Kingdom) founded in 2007 was acquired by OMERS in July 2022.. Bionic has completed 5 acquisitions, including BusinessComparison, Businesssave and Smart Utility Management. Bionic operates in a competitive market with competitors including Bluecrux, mSE Solutions, Wangzhu Group, Supplino and EximScrip, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bionic Services Limited
  • Date of Incorporation 27 Sep, 2006
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Permira

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    OMERS

    (Jul 20, 2022)

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People of Bionic
Headcount 200-500
Employee Profiles 1
Employee Profiles
People
James Lomas
Group Chief Technology Officer

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Teams

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Funding Insights of Bionic

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2024 Amount Debt – Conventional - Bionic Valuation

investors

Oct, 2017 Amount Series A - Bionic Valuation ECI Partners
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 Bionic

Bionic has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Permira, ECI Partners and OMERS Private Equity. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investments are made in technology, consumer, healthcare, and service sectors.
Founded Year Domain Location
Private equity investments are managed for municipal pension plans.
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 Bionic

Bionic has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include BusinessComparison, Businesssave and Smart Utility Management. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Comparison platform of financial products for businesses
2014
Utility management solutions are provided for energy and accounts.
2014
SME loans are provided to businesses in the United Kingdom.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Bionic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Bionic Comparisons

Employees
+
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Competitors of Bionic

Bionic 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 Bluecrux, mSE Solutions, Wangzhu Group, Supplino and EximScrip, 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
Provider of supply chain and business process management solutions
domain founded_year HQ Location
A tech-enabled provider of supply chain management services to optimize business operations.
domain founded_year HQ Location
Provider of SaaS-enabled supply chain service platform
domain founded_year HQ Location
Online platform connecting supply chain experts for manufacturing and distribution support.
domain founded_year HQ Location
Offers a tech-enabled platform for efficient trade supply chain management solutions.
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.

Latest news on Bionic

Frequently Asked Questions about Bionic

When was Bionic founded?

Bionic was founded in 2007 and raised its 1st funding round 10 years after it was founded.

Where is Bionic located?

Bionic is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

What does Bionic do?

Founded in 2007 and headquartered in London, United Kingdom, Bionic operates as an online platform in the insurance and financial services sector. Quotes for various business insurances, including public liability, employers liability, professional indemnity, commercial building, and stock contents coverage, are provided through comparisons. Additionally, a service for business loans is facilitated via the platform.

Who are the top competitors of Bionic?

Bionic's top competitors include Bluecrux, Wangzhu Group and mSE Solutions.

How many acquisitions has Bionic made?

Bionic has made 5 acquisitions, including BusinessComparison, Businesssave, and Smart Utility Management.

Who are Bionic's investors?

Bionic has 3 investors. Key investors include Permira, ECI Partners, and OMERS Private Equity.

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