About CIMOL88
CIMOL88 is a company based in London (United Kingdom) founded in 1997 was acquired by Universal Music Group in April 2014. It operates as a Commission-Based. CIMOL88 has raised $17.5 million across 2 funding rounds from investors including Universal Music Group, Hg and ProVen. The company has 1 employees as of September 30, 2020. CIMOL88 offers products and services including Online Slot Games.
- Headquarter London, United Kingdom
- Employees 1 as on 30 Sep, 2020
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cimol88 Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.5 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Universal Music Group
& 2 more
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Employee Count
1
as on Sep 30, 2020
- Acquired by
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Products & Services of CIMOL88
CIMOL88 offers a comprehensive portfolio of products and services, including Online Slot Games. 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.
Online slot games are provided for entertainment purposes.
Funding Insights of CIMOL88
CIMOL88 has successfully raised a total of $17.5M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(01 Dec 2001)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2007 | Amount | Series A - CIMOL88 | Valuation | ProVen VCT |
|
| Dec, 2001 | Amount | Series A - CIMOL88 | Valuation |
investors |
| 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 CIMOL88
CIMOL88 has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Universal Music Group, Hg and ProVen. 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 in Europe are managed by Hg.
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Founded Year | Domain | Location | |
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Tax-efficient investment opportunities are provided by ProVen for retail investors.
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Founded Year | Domain | Location | |
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Recorded music, publishing, merchandising, and audiovisual content are provided globally.
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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 CIMOL88
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - CIMOL88
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cimol88 Comparisons
Competitors of CIMOL88
| 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.
|
Frequently Asked Questions about CIMOL88
When was CIMOL88 founded?
CIMOL88 was founded in 1997 and raised its 1st funding round 4 years after it was founded.
Where is CIMOL88 located?
CIMOL88 is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is CIMOL88 a funded company?
CIMOL88 is a funded company, having raised a total of $17.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $17.5M, raised on Dec 01, 2001.
How many employees does CIMOL88 have?
As of Sep 30, 2020, the latest employee count at CIMOL88 is 1.
What does CIMOL88 do?
CIMOL88 is established as an online slot gaming platform in Indonesia. Various slot games are offered through partnerships with global providers like Pragmatic Play and Habanero. A wide range of games with high RTP is provided to enhance user experience. Support is available 247 to assist players with their needs. Promotions and bonuses are also featured to support player engagement in the online gambling sector.
What products or services does CIMOL88 offer?
CIMOL88 offers Online Slot Games.
Who are CIMOL88's investors?
CIMOL88 has 3 investors. Key investors include Universal Music Group, Hg, and ProVen.
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