About Communo
Communo is a company based in Calgary (Canada) founded in 2017 by Ryan Gill and Chris Kneeland.. Communo has raised $4.62 million across 4 funding rounds from investors including Brett Wilson, Andrew Kortina and Rich Antoniello. Communo has completed 1 acquisition, including LocalSolo Freelance. Communo operates in a competitive market with competitors including Upwork, Fiverr, Iziwork, Freelancer and Malt, among others.
- Headquarter Calgary, Canada
- Founders Ryan Gill, Chris Kneeland
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Sectors
Business ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Communo Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.62 M (USD)
in 4 rounds
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Latest Funding Round
$2.52 M (USD), Angel Round
Jan 31, 2020
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Investors
Panache Ventures
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Communo
Communo has successfully raised a total of $4.62M across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $2.52 million completed in January 2020. 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 4
- Last Round Angel Round — $2.5M
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First Round
First Round
(30 Nov 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Angel Round - Communo | Valuation | Brett Wilson , Andrew Kortina |
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| Sep, 2019 | Amount | Seed - Communo | Valuation |
investors |
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| Aug, 2018 | Amount | Seed - Communo | Valuation | Panache Ventures |
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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 Communo
Communo has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include Brett Wilson, Andrew Kortina and Rich Antoniello. 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 focused on multiple sectors
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Founded Year | Domain | Location | |
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BW
Brett Wilson |
Canadian entrepreneur and angel investor with interests in Indian startups.
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Founded Year | Domain | Location |
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AK
Andrew Kortina |
Co-founder of Venmo, active angel investor in tech startups
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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 Communo
Communo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LocalSolo Freelance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Hosts a digital marketplace connecting freelancers with clients and opportunities.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Communo
| 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 |
Communo Comparisons
Competitors of Communo
Communo 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 Upwork, Fiverr, Iziwork, Freelancer and Malt, 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 |
Businesses are connected with freelancers via an online marketplace.
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| domain | founded_year | HQ Location |
Freelance services are facilitated via an online multi-industry marketplace.
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| domain | founded_year | HQ Location |
Freelancers are matched with employers via an online job platform.
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| domain | founded_year | HQ Location |
An online marketplace is operated for freelancers in various industries.
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| domain | founded_year | HQ Location |
Freelance marketplace operated to connect experts with company projects.
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| domain | founded_year | HQ Location |
A call center automation platform is provided by Emissary.
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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 Communo
Frequently Asked Questions about Communo
When was Communo founded?
Communo was founded in 2017.
Where is Communo located?
Communo is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Communo?
Ryan Gill is the current CEO of Communo. They have also founded this company.
Is Communo a funded company?
Communo is a funded company, having raised a total of $4.62M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Nov 30, 2017.
What does Communo do?
Communo was established in 2017 as a marketing services agency based in Calgary, Canada, with operations extending to Vancouver and Toronto. Services encompass product development, marketing strategies, and communication efforts, including brand and media planning, mobile and front-end design, consumer research, and audiovideo production. These offerings support businesses in various sectors across the specified regions.
Who are the top competitors of Communo?
Communo's top competitors include Upwork, Fiverr and Freelancer.
How many acquisitions has Communo made?
Communo has made 1 acquisition, including LocalSolo Freelance.
Who are Communo's investors?
Communo has 5 investors. Key investors include Brett Wilson, Andrew Kortina, Rich Antoniello, Frank Palmer, and Panache Ventures.