About Cylindo
Cylindo is a company based in Copenhagen (Denmark) founded in 2010 was acquired by Chaos in April 2022.. Cylindo has raised $7.92 million across 8 funding rounds from investors including Chaos, Lars Floe and Nordic Makers. The company has 31 employees as of November 30, 2024. Cylindo offers products and services including Cylindo Studio, Cylindo Create, Cylindo Curator, and Cylindo AR. Cylindo operates in a competitive market with competitors including Marxent, Hutch, Streem, 3vjia and Nfinite, among others.
- Headquarter Copenhagen, Denmark
- Employees 31 as on 30 Nov, 2024
- Stage Minicorn
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Sectors
TechnologyConsumer Retail
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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
$2.17 M (USD)0as on Dec 31, 2022
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Net Profit
$1.99 M (USD)31as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$7.92 M (USD)
in 8 rounds
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Latest Funding Round
$2.43 M (USD), Series D
Jul 22, 2021
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Investors
Chaos
& 7 more
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Employee Count
31
as on Nov 30, 2024
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Acquired by
Chaos
(Apr 12, 2022)
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Products & Services of Cylindo
Cylindo offers a comprehensive portfolio of products and services, including Cylindo Studio, Cylindo Create, Cylindo Curator, and Cylindo AR. 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.
Tool for creating lifestyle imagery of customizable products
Platform for optimizing and distributing product visuals
Curates engaging pages to enhance customer experiences
Offers immersive try-before-you-buy product interactions
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Funding Insights of Cylindo
Cylindo has successfully raised a total of $7.92M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $2.43 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 8
- Last Round Series D — $2.4M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series D - Cylindo | Valuation |
investors |
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| Oct, 2019 | Amount | Series C - Cylindo | Valuation | Nordic Makers | |
| Oct, 2018 | Amount | Series B - Cylindo | Valuation |
investors |
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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 Cylindo
Cylindo has secured backing from 8 investors, including angel and venture fund investors. Prominent investors backing the company include Chaos, Lars Floe and Nordic Makers. 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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Seed and Series A startups receive investments from Nordic Makers.
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Founded Year | Domain | Location | |
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Early-stage tech investments in Denmark are made by Scale Capital.
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Founded Year | Domain | Location | |
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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 Cylindo
| 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 - Cylindo
| 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 |
Cylindo Comparisons
Competitors of Cylindo
Cylindo 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 Marxent, Hutch, Streem, 3vjia and Nfinite, 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 |
Cloud-based virtual trial solutions are offered for home improvement visualization.
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| domain | founded_year | HQ Location |
Online home design visualization and commerce platform
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| domain | founded_year | HQ Location |
Home maintenance services are offered through innovative technology by Streem.
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| domain | founded_year | HQ Location |
3D virtual reality solutions are offered via an online platform.
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| domain | founded_year | HQ Location |
Visual content is scaled for retail and AI applications.
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| domain | founded_year | HQ Location |
Augmented and virtual reality platforms are built online for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Cylindo
Frequently Asked Questions about Cylindo
When was Cylindo founded?
Cylindo was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is Cylindo located?
Cylindo is headquartered in Copenhagen, Denmark.
Is Cylindo a funded company?
Cylindo is a funded company, having raised a total of $7.92M across 8 funding rounds to date. The company's 1st funding round was a Series B of $1.09M, raised on Aug 18, 2014.
How many employees does Cylindo have?
As of Nov 30, 2024, the latest employee count at Cylindo is 31.
What is the annual revenue of Cylindo?
Annual revenue of Cylindo is $2.17M as on Dec 31, 2022.
What does Cylindo do?
The company was founded in 2010 in Copenhagen, Denmark, focusing on software for product visualization in the furniture sector. Tools are supplied to brands and retailers to automate product displays from multiple angles and variations, reducing reliance on photo shoots and manual content handling. Integration with various digital platforms is enabled, alongside analytical data to support decision-making in e-commerce operations.
Who are the top competitors of Cylindo?
What products or services does Cylindo offer?
Cylindo offers Cylindo Studio, Cylindo Create, Cylindo Curator, and Cylindo AR.
Who are Cylindo's investors?
Cylindo has 8 investors. Key investors include Chaos, Lars Floe, Nordic Makers, David Helgason, and Scale Capital.
What is Cylindo's valuation?
The valuation of Cylindo is $26.58M as of Jul 2021.
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