About Churned
Churned is a company based in Amsterdam (Netherlands) founded in 2019 by Maarten Doornenbal, Michiel Doornenbal, and Francisco Blasques.. Churned has raised $2.76 million across 2 funding rounds from investors including Newion, Volta Ventures and Goldfish. Churned offers products and services including Churned Platform. Churned operates in a competitive market with competitors including ChurnZero, UrbanFox, SilkChart, Brightback and Magnify, among others.
- Headquarter Amsterdam, Netherlands
- Founders Maarten Doornenbal, Michiel Doornenbal, Francisco Blasques
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Sectors
TechnologyBusiness Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.76 M (USD)
in 2 rounds
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Latest Funding Round
$2.76 M (USD), Seed
Sep 10, 2024
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Investors
Newion
& 2 more
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Employee Count
Employee Count
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Products & Services of Churned
Churned offers a comprehensive portfolio of products and services, including Churned Platform. 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.
Platform predicts customer churn and automates retention strategies.
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Funding Insights of Churned
Churned has successfully raised a total of $2.76M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.76 million completed in September 2024. 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 Seed — $2.8M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - Churned | Valuation | Newion | |
| Sep, 2022 | Amount | Seed - Churned | Valuation | Goldfish |
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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 Churned
Churned has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Newion, Volta Ventures and Goldfish. 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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B2B sector focused early & expansion stage VC firm investing in Benelux
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Founded Year | Domain | Location | |
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Volta Ventures is focused on investing in B2B SaaS startups.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors by Goldfish.
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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 Churned
| 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 - Churned
| 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 |
Churned Comparisons
Competitors of Churned
Churned 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 ChurnZero, UrbanFox, SilkChart, Brightback and Magnify, 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 |
Customer churn prediction solutions are offered for SaaS businesses.
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| domain | founded_year | HQ Location |
AI-enabled analytics platform for sales and customer retention
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| domain | founded_year | HQ Location |
Offering customer retention solutions
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| domain | founded_year | HQ Location |
Customer retention and churn management are enabled by Brightback's software.
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| domain | founded_year | HQ Location |
AI-based solutions for customer retention and experience optimization are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Churned
Frequently Asked Questions about Churned
When was Churned founded?
Churned was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Churned located?
Churned is headquartered in Amsterdam, Netherlands.
Who is the current CEO of Churned?
Michiel Doornenbal is the current CEO of Churned. They have also founded this company.
Is Churned a funded company?
Churned is a funded company, having raised a total of $2.76M across 2 funding rounds to date.
What does Churned do?
Churned was founded in 2019 in Amsterdam, Netherlands, as a data-driven platform focused on retention management. Customer churn is predicted and prevented through analytical tools, with customer lifetime value boosted as a result. Services are extended to companies in B2B, B2C, and e-commerce sectors, supporting operational decisions via domain-specific insights on churned.io.
Who are the top competitors of Churned?
What products or services does Churned offer?
Churned offers Churned Platform.
Who are Churned's investors?
Churned has 3 investors. Key investors include Newion, Volta Ventures, and Goldfish.