About Dynaback
Dynaback is a company based in Sofia (Bulgaria) founded in 2015.. Dynaback operates in a competitive market with competitors including 8sense, ReliefHeat, Everyboost, XenoPatch and Body Care, among others.
- Headquarter Sofia, Bulgaria
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$55.29 K (USD), Grant
Mar 31, 2020
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Funding Insights of Dynaback
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $55,285
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First Round
First Round
(01 Oct 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Grant - Dynaback | Valuation |
investors |
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| Oct, 2019 | Amount | Grant - Dynaback | 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 Dynaback
Dynaback has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Dynaback
| 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 - Dynaback
| 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 |
Dynaback Comparisons
Competitors of Dynaback
Dynaback 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 8sense, ReliefHeat, Everyboost, XenoPatch and Body Care, 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 |
Device and app for managing back health
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| domain | founded_year | HQ Location |
Provider of device and app for pain management
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| domain | founded_year | HQ Location |
Offers devices and apps for monitoring and treating back pain effectively.
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| domain | founded_year | HQ Location |
Pain management devices are supplied for individuals and professionals.
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| domain | founded_year | HQ Location |
Pain relief devices are offered through a specialized application.
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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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Frequently Asked Questions about Dynaback
When was Dynaback founded?
Dynaback was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Dynaback located?
Dynaback is headquartered in Sofia, Bulgaria.
Who is the current CEO of Dynaback?
Sabri Mahdaoui is the current CEO of Dynaback.
What does Dynaback do?
Dynaback was established in 2015 in Sofia, Bulgaria, as a provider in the wearable health technology sector. A smart T-shirt is developed to monitor and mitigate back pain and injuries. Body movements and posture are detected by embedded sensors, with data analyzed on-site and relayed via Bluetooth to a connected smartphone for review. Focus is placed on posture correction through real-time feedback mechanisms.
Who are the top competitors of Dynaback?
Who are Dynaback's investors?
Dynaback has 2 investors. Key investors include European Union, and EIC Fund.