About Danmagi
Danmagi is a Telecommunications company based in Skodsborg (Denmark) founded in 2011. It operates as a business wireless internet, cloud based guest WiFi management and conference solutions provider. Danmagi has raised $18.21 million across 8 funding rounds from investors including Exact Invest, West Hill Capital and DVCA. Danmagi was last valued at $19.39 million in February 2022. Its chief executive is Daniel Lister. Its website danmagi.com draws about 35 thousand monthly visits. Its Indian entity Danmagi India Private Limited reported revenue of ₹2.88 Cr. Danmagi offers products and services including Cloud WIFI and Guest Internet Access. Its focus areas include Telecom, Telecom Operators, Business Communication and Broadband.
Company details
Danmagi was founded in 2011 in Skodsborg, Denmark, as an internet service provider focused on business sectors such as hotels, airports, transportation, and stadiums. Operations span EMEA, Latin America, and the Asia Pacific regions. Services include wireless broadband access, managed WiFi, cloud-based guest WiFi management, central online tools for performance statistics and reporting, event organization for conferences, and kiosk solutions.
- Headquarters Skodsborg, Denmark
- Stage Minicorn
- SectorsTelecommunications
- Website category Food and Drink · Restaurants and Delivery
- Email••••••••
- Phone•••• ••••
- Website danmagi.com
- Social LinkedIn X Facebook Instagram
- Legal Name Danmagi India Private Limited
- Date of Incorporation 21 Oct, 2013
- Jurisdiction Delhi, India
- Annual Revenue₹2.88 Cr
FY 2024 · -6% YoY
- Net Loss-₹61.5 Lakh
FY 2024 · -21% margin
- EBITDA-₹52.6 Lakh
FY 2024 · -18% margin
- Total Equity Funding$18.21M (USD)
in 8 rounds
- Latest Funding Round$1.4M (USD), Series B
Feb 2022
- InvestorsExact Invest
& 2 more
Associated legal entities of Danmagi
Danmagi operates through Danmagi India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Danmagi India Private Limited CIN U64200DL2013FTC259401 | Active | 21 Oct 2013 | New Delhi, Delhi | ₹2.9 Cr | – | 3 | View details |
Products & Services of Danmagi
Danmagi offers a comprehensive portfolio of products and services, including Cloud WIFI and Guest Internet Access.
AI-driven platform for reliable wireless connections in various sectors
Provides personalized and secure internet for guests globally
Funding Insights of Danmagi
Danmagi has successfully raised a total of $18.21M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $1.4 million completed in February 2022. 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 $18.21M
- Total Rounds 8
- Last Round Series B — $1.4M
- First Round $3.96M
(May 2013)
- Investors Count 3
All 8 funding rounds of Danmagi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $1.4M | Series B | $19.39M | – | – |
| Apr 2020 | $1.97M | Series A | – | – | – |
| Sep 2019 | $1.28M | Series A | $7.7M | – | – |
| Sep 2018 | $3.1M | Series A | $••••• | West Hill Capital | – |
| May 2016 | $610,037 | Series A | $••••• | – | – |
| May 2015 | $2.09M | Series A | $••••• | – | – |
| Jun 2014 | $3.8M | Series A | – | – | – |
| May 2013 | $3.96M | Series A | $••••• | Exact Invest, DVCA | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $19.39M | •••••••• |
| Sep 2019 | $7.7M | •••••••• |
| Sep 2018 | $••••• | •••••••• |
| May 2016 | $••••• | •••••••• |
| May 2015 | $••••• | •••••••• |
| May 2013 | $••••• | •••••••• |
Full valuation and stage history of Danmagi
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $19.39M (Feb 2022). 3 investors in total: 3 institutional.
Investors in Danmagi
Danmagi has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Exact Invest, West Hill Capital and DVCA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage venture capital investments are provided by West Hill Capital. | – | westhillcapital.co.uk | London, United Kingdom | |
- | – | dvca.dk | - | |
Real estate investment firm focused on debt investments | 2005 | exactinvest.com | Hinnerup, Denmark |
Investor details for Danmagi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Danmagi India Private Limited (Danmagi)
Danmagi India Private Limited is the primary company behind Danmagi. The board of Danmagi India Private Limited currently have 3 directors; the longest-serving is Thomas Damgaard Moeller, appointed in 2025. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thomas Damgaard Moeller DIN 10936536 | Director | 24 Mar 2025 | 1 yr 6 mo | Danmagi India Private Limited |
| Dean Wilkinson DIN 11103313 | Director | 25 Jul 2025 | 1 yr 2 mo | Danmagi India Private Limited |
| Archit Agarwal DIN 07582979 | Director | 01 Sep 2025 | 1 yr 1 mo | Danmagi India Private Limited |
People of Danmagi
1 people are tracked at Danmagi (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Danmagi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Danmagi
Figures of Danmagi India Private Limited, the primary company behind Danmagi, for FY 2024. Revenue was ₹2.88 Cr (-6% year on year). Net loss was -₹61.5 Lakh (-21% margin). EBITDA was -₹52.6 Lakh (-18% margin). Revenue has grown at a compounded annual rate of +16% over three years and +22% over five years.
- ₹2.88 CrRevenue · FY 2024 · -6% YoY
- -₹61.5 LakhNet loss · -21% margin
- -₹52.6 LakhEBITDA · -18% margin
- ₹1.99 CrPaid-up capital
- +16%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Danmagi India Private Limited are on its company page.
Detailed financial statements for Danmagi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Danmagi
4 dated milestones of Danmagi across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Danmagi is founded.
- Funding First funding round of $4.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $1.4M.
Web traffic of Danmagi
The website of Danmagi (danmagi.com) receives about 34.9K visits a month and ranks #772,879 among all websites worldwide, #6,158 in Restaurants and Delivery.
- Monthly visits34.9K
▲ 9.9% vs previous month
- Unique visitors14.9K
per month
- Global rank#772,879
among all websites
- Category rank#6,158
Food and Drink · Restaurants and Delivery
- Bounce rate51%
- Pages per visit3.2
- Average visit2 min 37 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with Danmagi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| proxim.com | 100% | 6.6K | #3,095,880 | View details | |
| thing5.com | 96% | – | – | View details | |
| ruckuswireless.com | 69% | – | #128,729 | View details |
Top companies in Telecom Operators
10 companies that operate in the same segment as Danmagi (Telecom Operators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
MTN Group is recognized as a leading telecommunications provider in Africa. | 1994 | Johannesburg, Gauteng, South Africa | USD 7.05 M | USD 13.7 B | – | |
Global telecommunications company | 1995 | Delhi, Delhi, India | USD 292 M | USD 4.86 B | 4,250 | |
Telephony, internet, television, and network-based ICT services are provided. | 1994 | Brussels, Brussels-capital Region, Belgium | – | USD 7.08 B | 11,634 | |
Mobile telecommunications, internet, and energy services are provided globally. | 1981 | Tokyo, Tokyo, Japan | USD 8.99 M | USD 44.14 B | 74,952 | |
Mobile internet, TV, and telecommunication services are provided. | 1876 | Dallas, Texas, United States | – | USD 125.65 B | 140,990 | |
Mobile internet services are provided for homes and offices. | 1981 | North Ryde, New South Wales, Australia | USD 19.72 M | – | – | |
Sky is recognized as a provider of TV, broadband, and mobile services. | 1990 | Isleworth, England, United Kingdom | – | – | 31,000 | |
Mobile and fixed-line telecommunication services are provided across Europe. | 1989 | The Hague, South Holland, Netherlands | – | USD 6.82 B | 9,660 | |
Provider of integrated telecommunication services | 1984 | Seoul, South Korea | – | USD 11.84 B | 5,490 | |
Integrated telecom and IPTV services are provided to Canadian customers. | 1874 | Vancouver, British Columbia, Canada | – | USD 14.86 B | 106,800 |
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Related news about Danmagi
Complete news archive for Danmagi
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Frequently Asked Questions about Danmagi
Danmagi was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Danmagi is headquartered in Skodsborg, Denmark.
Daniel Lister is the current CEO of Danmagi.
Danmagi is a funded company, having raised a total of $18.21M across 8 funding rounds to date. The company's 1st funding round was a Series A of $3.96M, raised on May 2013.
The primary company behind Danmagi, Danmagi India Private Limited, reported revenue of ₹2.88 Cr for FY 2024, down 6% year on year.
Danmagi was founded in 2011 in Skodsborg, Denmark, as an internet service provider focused on business sectors such as hotels, airports, transportation, and stadiums. Operations span EMEA, Latin America, and the Asia Pacific regions. Services include wireless broadband access, managed WiFi, cloud-based guest WiFi management, central online tools for performance statistics and reporting, event organization for conferences, and kiosk solutions.
Danmagi offers Cloud WIFI and Guest Internet Access.
Danmagi has 3 investors. Key investors include Exact Invest, West Hill Capital, and DVCA.
The valuation of Danmagi is $19.39M as of Feb 2022.
Danmagi operates through Danmagi India Private Limited.
The legal entities of Danmagi currently have 3 directors, including Archit Agarwal, Dean Wilkinson, Thomas Damgaard Moeller.