About Douugh
Douugh is a company based in Sydney (Australia) founded in 2016 by Andy Taylor and Mark Taylor.. Douugh has raised $2.5 million across 2 funding rounds from investors including Choice Financial and Long State. Douugh has completed 1 acquisition, including Radicaldbx. Douugh operates in a competitive market with competitors including Chime, Stash, Dave, Albert and Umba, among others.
- Headquarter Sydney, Australia
- Founders Andy Taylor, Mark Taylor
- Stage Public
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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
*********
- Legal Name Stakk Limited
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Annual Revenue
$819.35 K (USD)158.18as on Jun 30, 2025
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Net Profit
$-1.63 M (USD)-62.51as on Jun 30, 2025
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EBITDA
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Total Equity Funding
$2.5 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Post-IPO
Mar 28, 2022
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Investors
Choice Financial
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Douugh
Douugh is a publicly listed company on the ASX with ticker symbol SKK in Australia, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Douugh
Douugh has successfully raised a total of $2.5M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $20 million completed in March 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 Total Funding
- Total Rounds 2
- Last Round Post-IPO — $20.0M
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First Round
First Round
(21 Nov 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Post-IPO - Douugh | Valuation |
investors |
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| Nov, 2017 | Amount | Seed - Douugh | Valuation |
investors |
| 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 Douugh
Douugh has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Choice Financial and Long State. 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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Long State is engaged in funding growth-oriented companies globally.
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Founded Year | Domain | Location | |
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Commercial bank
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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 Douugh
Douugh has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Radicaldbx. 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
|
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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Digital banking solutions are provided for financial institutions.
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0 |
| 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 - Douugh
| 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 |
Douugh Comparisons
Competitors of Douugh
Douugh 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 Chime, Stash, Dave, Albert and Umba, 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 |
Digital banking services are offered to individuals via mobile apps.
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| domain | founded_year | HQ Location |
Automated investment and robo-advisory services are offered to individuals.
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| domain | founded_year | HQ Location |
Digital banking services are provided for easier financial management.
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| domain | founded_year | HQ Location |
Digital banking app is offered for savings, investing, and budgeting.
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| domain | founded_year | HQ Location |
Digital banking solutions are offered to individuals through mobile apps.
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| domain | founded_year | HQ Location |
Digital banking services for individuals' savings and payments are provided.
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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 Douugh
Frequently Asked Questions about Douugh
When was Douugh founded?
Douugh was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Douugh located?
Douugh is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Douugh?
Andy Taylor is the current CEO of Douugh. They have also founded this company.
Is Douugh a funded company?
Douugh is a funded company, having raised a total of $2.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Nov 21, 2017.
What is the annual revenue of Douugh?
Annual revenue of Douugh is $819.35K as on Jun 30, 2025.
What does Douugh do?
Douugh was founded in 2016 in Sydney, Australia, and operates in the fintech sector as a digital bank targeting individuals. Savings accounts, prepaid cards for purchases, money transfers, and bill payments are provided through an app available on Android and iOS. User expenses are tracked, transaction alerts are sent, financial goals can be set, and automated savings features are included.
Is Douugh publicly traded?
Yes, Douugh is publicly traded on ASX under the ticker symbol SKK.
How many acquisitions has Douugh made?
Douugh has made 1 acquisition, including Radicaldbx.
Who are Douugh's investors?
Douugh has 2 investors. Key investors include Choice Financial, and Long State.
What is Douugh's ticker symbol?
The ticker symbol of Douugh is SKK on ASX.
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