About Doconomy
Doconomy is a company based in Stockholm (Sweden) founded in 2018 by Fredrik Lagertrad and Mathias Wikstrom.. Doconomy has raised $72.82 million across 3 funding rounds from investors including Mastercard, S&P Global and UBS. Doconomy has completed 1 acquisition, including Doconomy. Doconomy offers products and services including Impact Transactions and Impact Finance. Doconomy operates in a competitive market with competitors including Watershed, CoGo, Plan A, ClimeCo and Commons, among others.
- Headquarter Stockholm, Sweden
- Founders Fredrik Lagertrad, Mathias Wikstrom
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Sectors
Financial ServicesEnvironment
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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 Doconomy Ab
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Annual Revenue
$3.29 M (USD)128as on Dec 31, 2023
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Net Profit
$-9.42 M (USD)27as on Dec 31, 2023
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EBITDA
$-9.42 M (USD)27as on Dec 31, 2023
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Total Equity Funding
$72.82 M (USD)
in 3 rounds
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Latest Funding Round
$36.82 M (USD), Series B
May 30, 2024
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Investors
Mastercard
& 10 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Doconomy
Doconomy offers a comprehensive portfolio of products and services, including Impact Transactions and Impact Finance. 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 tracking environmental impact of financial transactions.
Platform to boost digital engagement and climate-conscious choices.
Unlock access to complete
Funding Insights of Doconomy
Doconomy has successfully raised a total of $72.82M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $36.82 million completed in May 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 Series B — $36.8M
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First Round
First Round
(23 Sep 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series B - Doconomy | Valuation | S&P Global , UBS | |
| Jan, 2022 | Amount | Series B - Doconomy | Valuation | CommerzVentures | |
| Sep, 2021 | Amount | Series B - Doconomy | Valuation | CommerzVentures |
| 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 Doconomy
Doconomy has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Mastercard, S&P Global and UBS. 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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Venture capital funding is provided to FinTech startups by CommerzVentures.
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Founded Year | Domain | Location | |
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Private equity investments in financial services sector are facilitated.
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Founded Year | Domain | Location | |
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Early-stage investor, accelerator & incubator focused on the future of finance
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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 Doconomy
Doconomy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Doconomy. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Product experience management software is offered for mobile banking.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Doconomy
| 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 |
Doconomy Comparisons
Competitors of Doconomy
Doconomy 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 Watershed, CoGo, Plan A, ClimeCo and Commons, 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 |
Platform for enterprise sustainability measurement, reporting, and action is provided.
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| domain | founded_year | HQ Location |
Carbon footprints are tracked via an online platform for users.
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| domain | founded_year | HQ Location |
Carbon footprint calculation and offsetting solutions are developed for businesses.
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| domain | founded_year | HQ Location |
Environmental project development and management services are offered.
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| domain | founded_year | HQ Location |
Carbon footprint solutions are provided via an online tracking platform.
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| domain | founded_year | HQ Location |
Validere is recognized as an enterprise intelligence platform for the energy industry.
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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 Doconomy
Frequently Asked Questions about Doconomy
When was Doconomy founded?
Doconomy was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Doconomy located?
Doconomy is headquartered in Stockholm, Sweden.
Who is the current CEO of Doconomy?
Mathias Wikstrom is the current CEO of Doconomy. They have also founded this company.
Is Doconomy a funded company?
Doconomy is a funded company, having raised a total of $72.82M across 3 funding rounds to date. The company's 1st funding round was a Series B of $17M, raised on Sep 23, 2021.
What is the annual revenue of Doconomy?
Annual revenue of Doconomy is $3.29M as on Dec 31, 2023.
What does Doconomy do?
Doconomy was founded in 2018 in Stockholm, Sweden, within the sustainability sector. Impact data solutions are offered to track and manage aspects such as lifestyle, corporate, and product impacts. Carbon footprint assessments are facilitated, along with tools for CO2 emission improvements. Services extend to both individuals and businesses, enabling efficient monitoring of environmental usage across operations.
Who are the top competitors of Doconomy?
What products or services does Doconomy offer?
Doconomy offers Impact Transactions and Impact Finance.
How many acquisitions has Doconomy made?
Doconomy has made 1 acquisition, including Doconomy.
Who are Doconomy's investors?
Doconomy has 11 investors. Key investors include Mastercard, S&P Global, UBS, CommerzVentures, and Motive Partners.
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