About Danmagi
Danmagi is a company based in Skodsborg (Denmark) founded in 2011. Danmagi has raised $18.21 million across 8 funding rounds from investors including Exact Invest, West Hill Capital and DVCA. Danmagi offers products and services including Cloud WIFI and Guest Internet Access.
- Headquarter Skodsborg, Denmark
- Stage Minicorn
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Sectors
Telecommunications
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Danmagi India Private Limited
- Date of Incorporation 21 Oct, 2013
- Jurisdiction South Delhi, Delhi, India
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Annual Revenue
$367.89 K (USD)-65.07as on Mar 31, 2023
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Net Profit
$8.71 K (USD)-91.95as on Mar 31, 2023
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EBITDA
$107.88 K (USD)-21.11as on Mar 31, 2023
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Total Equity Funding
$18.21 M (USD)
in 8 rounds
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Latest Funding Round
$1.4 M (USD), Series B
Feb 04, 2022
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Investors
Exact Invest
& 2 more
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Employee Count
Not available
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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.
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 |
|---|---|---|---|---|
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Growth-stage venture capital investments are provided by West Hill Capital.
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Locked | Locked | Locked | |
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Locked | Locked | Locked | |
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Real estate investment firm focused on debt investments
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Locked | Locked | Locked |
Investor details for Danmagi
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Investments & Acquisitions by Danmagi
Investment portfolio details for Danmagi
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Financial Statements - Danmagi
Detailed financials for Danmagi
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Danmagi Comparisons
Peer comparison for Danmagi
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Competitors of Danmagi
Detailed competitors of Danmagi
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Latest news on 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.
Annual revenue of Danmagi is $367.89K as on Mar 31, 2023.
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.