About Citibeats
Citibeats is a company based in Barcelona (Spain) founded in 2018 by Ivan Caballero.. Citibeats has raised $4.02 million across 2 funding rounds from investors including Wayra, Everis and CAF. Citibeats operates in a competitive market with competitors including Zencity, Polco, Irys, Vision Internet and Textizen, among others.
- Headquarter Barcelona, Spain
- Founders Ivan Caballero
-
Sectors
Government & Social Sector
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.02 M (USD)
in 2 rounds
-
Latest Funding Round
$2.36 M (USD), Series A
Jul 16, 2021
-
Investors
Wayra
& 8 more
-
Employee Count
Employee Count
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
Unlock access to complete
Unlock access to complete
Funding Insights of Citibeats
Citibeats has successfully raised a total of $4.02M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.36 million completed in July 2021. 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 Series A — $2.4M
-
First Round
First Round
(10 Dec 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Citibeats | Valuation | IDB Lab , CAF | |
| Dec, 2019 | Amount | Seed - Citibeats | Valuation | Wayra |
| 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 Citibeats
Citibeats has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Wayra, Everis and CAF. 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 |
|---|---|---|---|---|
|
Innovation and venture capital arm of Inter-American Development Bank Group is supported.
|
Founded Year | Domain | Location | |
|
Fitalent is operated as a corporate venture capital fund by NTT DATA.
|
Founded Year | Domain | Location | |
|
Startups are accelerated across sectors by Wayra.
|
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 Citibeats
| 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 |
Financial Statements - Citibeats
| 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 |
Citibeats Comparisons
Competitors of Citibeats
Citibeats 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 Zencity, Polco, Irys, Vision Internet and Textizen, 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 |
AI-based solutions for government decision-making are provided using citizen feedback.
|
|
| domain | founded_year | HQ Location |
Civic engagement tool for opinion on policies
|
|
| domain | founded_year | HQ Location |
Irys is engaged in developing advanced defense and cybersecurity technologies.
|
|
| domain | founded_year | HQ Location |
Websites and CMS are developed for city and local governments.
|
|
| domain | founded_year | HQ Location |
Civic engagement is enabled via text messaging for government agencies.
|
| 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 Citibeats
Frequently Asked Questions about Citibeats
When was Citibeats founded?
Citibeats was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Citibeats located?
Citibeats is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of Citibeats?
Ivan Caballero is the current CEO of Citibeats. They have also founded this company.
Is Citibeats a funded company?
Citibeats is a funded company, having raised a total of $4.02M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.66M, raised on Dec 10, 2019.
What does Citibeats do?
Citibeats was established in 2018 in Barcelona, Spain, focusing on the technology sector. Services in text analytics and AI development are provided, alongside compliance monitoring solutions. Operations center on processing textual data for insights and ensuring regulatory adherence. The company is led by founder Ivan Caballero as CEO, with activities primarily based in Europe.
Who are the top competitors of Citibeats?
Who are Citibeats's investors?
Citibeats has 9 investors. Key investors include Wayra, Everis, CAF, IDB Lab, and Previsora General.