About Diesta
Diesta is a company based in London (United Kingdom) founded in 2022.. Diesta has raised $5.94 million across 3 funding rounds from investors including FinTech Collective, Commerce Ventures and Restive. Diesta operates in a competitive market with competitors including Functional Finance, InsurePay, SCIO Health Analytics, Ascend and VPay, among others.
- Headquarter London, United Kingdom
- Stage Minicorn
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Sectors
Financial Services
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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 Diesta Limited
- Date of Incorporation 11 Mar, 2022
- Jurisdiction EASTBOURNE, EAST SUSSEX, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.94 M (USD)
in 3 rounds
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Latest Funding Round
$3.8 M (USD), Seed
Oct 16, 2024
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Investors
FinTech Collective
& 5 more
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Employee Count
Employee Count
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Funding Insights of Diesta
Diesta has successfully raised a total of $5.94M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.8 million completed in October 2024. 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 3
- Last Round Seed — $3.8M
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First Round
First Round
(27 Oct 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Diesta | Valuation | FinTech Collective | |
| Nov, 2023 | Amount | Seed - Diesta | Valuation | Restive , SixThirty |
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| Oct, 2022 | Amount | Seed - Diesta | Valuation | Antler |
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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 Diesta
Diesta has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include FinTech Collective, Commerce Ventures and Restive. 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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Investments in FinTech startups are managed by the firm.
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Founded Year | Domain | Location | |
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Investment in retail and financial services technologies.
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Founded Year | Domain | Location | |
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Venture capital is provided by Restive to early-stage fintech 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 Diesta
| 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 - Diesta
| 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 |
Diesta Comparisons
Competitors of Diesta
Diesta 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 Functional Finance, InsurePay, SCIO Health Analytics, Ascend and VPay, 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 |
Online payment platform for insurance companies
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| domain | founded_year | HQ Location |
Cloud-based payroll integration is provided for insurance premium collection.
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| domain | founded_year | HQ Location |
Provides payment integrity solutions for healthcare organizations
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| domain | founded_year | HQ Location |
Online insurance payments and premium financing are enabled for businesses.
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| domain | founded_year | HQ Location |
Payment solutions provider for insurers
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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 Diesta
Frequently Asked Questions about Diesta
When was Diesta founded?
Diesta was founded in 2022.
Where is Diesta located?
Diesta is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Diesta a funded company?
Diesta is a funded company, having raised a total of $5.94M across 3 funding rounds to date. The company's 1st funding round was a Seed of $138.64K, raised on Oct 27, 2022.
What does Diesta do?
Payment software for flow of funds in the insurance industry. Offers an easy-to-integrate platform that automates the reconciliation and distribution of insurance payments, enabling users from the insurance industry to maintain full transparency, lower their administrative costs, make quicker payments and thus increase their revenue.
Who are the top competitors of Diesta?
Diesta's top competitors include Functional Finance, Ascend and SCIO Health Analytics.
Who are Diesta's investors?
Diesta has 6 investors. Key investors include FinTech Collective, Commerce Ventures, Restive, SixThirty, and Antler.
What is Diesta's valuation?
The valuation of Diesta is $8.68M as of Nov 2023.
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