About BudgIT
BudgIT is a company based in Lagos (Nigeria) founded in 2011. BudgIT has raised $400 thousand across 2 funding rounds from investors including Gates Foundation and Omidyar Network. BudgIT operates in a competitive market with competitors including Socrata, OpenDataSoft, MOSIP, Mastodon and Junar, among others.
- Headquarter Lagos, Nigeria
-
Sectors
Government & Social Sector
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$400 K (USD)
in 2 rounds
-
Latest Funding Round
$2.93 M (USD), Grant
Jan 25, 2017
-
Investors
Gates Foundation
& 1 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of BudgIT
Unlock access to complete
Unlock access to complete
Funding Insights of BudgIT
BudgIT has successfully raised a total of $400K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $2.93 million completed in January 2017. 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.
Investors in BudgIT
BudgIT has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Gates Foundation and Omidyar Network.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investing in technology, digital culture, governance, and business initiatives.
|
Locked | Locked | Locked | |
|
Charitable foundation investments on poverty reduction and healthcare
|
Locked | Locked | Locked |
Investor details for BudgIT
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by BudgIT
Investment portfolio details for BudgIT
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - BudgIT
Detailed financials for BudgIT
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Budgit Comparisons
Peer comparison for BudgIT
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of BudgIT
BudgIT 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 Socrata, OpenDataSoft, MOSIP, Mastodon and Junar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Government data access is democratized via cloud software.
|
|
| Locked | Locked | Locked |
Cloud-based platform for civic engagement and data management is provided.
|
|
| Locked | Locked | Locked |
Provides an open source platform for developing identification systems
|
|
| Locked | Locked | Locked |
ETL for Big Data and open data management platform
|
|
| Locked | Locked | Locked |
Cloud based open data platform
|
Detailed competitors of BudgIT
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Budgit
Complete news archive for BudgIT
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about BudgIT
BudgIT was founded in 2011 and raised its 1st funding round 3 years after it was founded.
BudgIT is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
BudgIT is a funded company, having raised a total of $400K across 2 funding rounds to date.
BudgIT was founded in 2011 in Lagos, Nigeria, within the civic technology sector. A cloud-based platform is operated to support open data publishing and civic engagement. Tools for budget management and public spending data are provided. The Tracka project tracking tool is included, enabling users to upload images of developmental projects. Operations focus on transparency in public finance across Nigeria.
BudgIT's top competitors include Socrata, MOSIP and OpenDataSoft.
BudgIT has 2 investors. Key investors include Gates Foundation, and Omidyar Network.