About Blinto
Blinto is a company based in Vaxjo (Sweden) founded in 2018.. Blinto has raised $11.48 million across 1 funding round from investors including Verdane. Blinto offers products and services including Auction Platform and User Account System.
- Headquarter Vaxjo, Sweden
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Blinto Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.48 M (USD)
in 1 rounds
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Latest Funding Round
$11.48 M (USD), Series B
Mar 16, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Blinto
Blinto offers a comprehensive portfolio of products and services, including Auction Platform and User Account System. 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.
Service for bidding on and selling used industrial items
Feature for registering and managing bids on auctions
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Funding Insights of Blinto
Blinto has successfully raised a total of $11.48M through 1 strategic funding round. The most recent funding activity was a Series B round of $11.48 million completed in March 2023. 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 Series B — $11.5M
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First Round
First Round
(16 Mar 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series B - Blinto | Valuation | Verdane |
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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 Blinto
Blinto has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Verdane. 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 firm and funds of fund focused on technology-enabled and sustainable companies
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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 Blinto
| 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 - Blinto
| 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 |
Blinto Comparisons
Competitors of Blinto
Frequently Asked Questions about Blinto
When was Blinto founded?
Blinto was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Blinto located?
Blinto is headquartered in Vaxjo, Sweden. It is registered at Vaxjo, Kronoberg County, Sweden.
Is Blinto a funded company?
Blinto is a funded company, having raised a total of $11.48M across 1 funding round to date. The company's 1st funding round was a Series B of $11.48M, raised on Mar 16, 2023.
What does Blinto do?
Blinto was established in 2018 in Vaxjo, Sweden, as an online platform in the automotive sector. Used vehicles across multiple categories are bought and sold via a bidding system. User locations, personal details, payment information, vehicle specifications, and pricing data are collected to facilitate transactions. The service operates through the domain blinto.se, enabling peer-to-peer exchanges in the used vehicle market.
What products or services does Blinto offer?
Blinto offers Auction Platform and User Account System.
Who are Blinto's investors?
Blinto has 1 investor. Key investors include Verdane.
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