About Crayon
Crayon is a company based in Oslo (Norway) founded in 2002 by Rune Syversen and Jens Rugseth was acquired by SoftwareONE in December 2024.. Crayon has raised $12 million across 4 funding rounds from investors including SoftwareONE, Pratithi Investments and Softline. Crayon has completed 6 acquisitions, including FAST Compliance, Kryptos and Navicle. Crayon operates in a competitive market with competitors including 2nd Watch, Megazone Cloud, All Cloud, Ukcloud and CoSo Cloud, among others.
- Headquarter Oslo, Norway
- Founders Rune Syversen, Jens Rugseth
- Stage Public
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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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Annual Revenue
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Net Profit
$-9.21 K (USD)-5as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$12 M (USD)
in 4 rounds
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Latest Funding Round
$12 M (USD), Series A
Jun 01, 2018
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Investors
SoftwareONE
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
FAST Compliance
& 5 more
- Acquired by
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Sales and Marketing
171 people
Software Development Team
52 people
Operations Team
33 people
Finance and Accounting
30 people
Leadership Team
28 people
Senior Team
17 people
Enterprise Team
9 people
Product Management Team
9 people
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Funding Insights of Crayon
Crayon has successfully raised a total of $12M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in June 2018. 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 Series A — $12.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series A - Crayon | Valuation |
investors |
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| Nov, 2017 | Amount | Seed - Crayon | Valuation | Pratithi Investments |
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| Nov, 2015 | Amount | Angel Round - Crayon | Valuation | Ratan N Tata |
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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 Crayon
Crayon has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SoftwareONE, Pratithi Investments and Softline. 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 investment arm of Kris Gopalakrishnan Family Office.
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Founded Year | Domain | Location | |
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Private debt solutions are offered to sustainable growing companies.
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Founded Year | Domain | Location | |
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Private equity firm focused on acquisitions
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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 Crayon
Crayon has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include FAST Compliance, Kryptos and Navicle. 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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Manufacturer of waste-based building elements and wood facade cladding products
|
2021 | ||||
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Oracle licensing and legal services are provided by Navicle.
|
2012 | ||||
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Implementation, migration, deployment, and infrastructure management services are provided.
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Crayon
| 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 |
Crayon Comparisons
Competitors of Crayon
Crayon 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 2nd Watch, Megazone Cloud, All Cloud, Ukcloud and CoSo Cloud, 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 |
Public cloud workload management tools and services are provided.
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| domain | founded_year | HQ Location |
AWS cloud services are provided, including consulting, deployment, and management.
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| domain | founded_year | HQ Location |
Services for the development and support of cloud-based applications
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| domain | founded_year | HQ Location |
Cloud services in PaaS, SaaS, and IaaS are provided.
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| domain | founded_year | HQ Location |
Cloud-based virtual classroom platform for enterprises
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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 Crayon
Frequently Asked Questions about Crayon
When was Crayon founded?
Crayon was founded in 2002 and raised its 1st funding round 10 years after it was founded.
Where is Crayon located?
Crayon is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Crayon?
Rune Syversen is the current CEO of Crayon. They have also founded this company.
Is Crayon a funded company?
Crayon is a funded company, having raised a total of $12M across 4 funding rounds to date.
What does Crayon do?
Crayon is engaged in business activities that are not detailed on the website. The specific sectors, solutions, or services offered by the company remain unclear based on the available information.
Who are the top competitors of Crayon?
Crayon's top competitors include Megazone Cloud, All Cloud and CoSo Cloud.
How many acquisitions has Crayon made?
Crayon has made 6 acquisitions, including FAST Compliance, Kryptos, and Navicle.
Who are Crayon's investors?
Crayon has 6 investors. Key investors include SoftwareONE, Pratithi Investments, Softline, Ratan N Tata, and Armada Credit Partners.
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