About eComID
eComID is a company based in Stockholm (Sweden) founded in 2023 by Oscar Rundqvist.. eComID has raised $2.98 million across 1 funding round from investors including CapitalT and H&M Group Ventures. eComID operates in a competitive market with competitors including Happy Returns, Loop Returns, NuvoEx, Blubirch and Returnly, among others.
- Headquarter Stockholm, Sweden
- Founders Oscar Rundqvist
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
***********
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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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Total Equity Funding
$2.98 M (USD)
in 1 rounds
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Latest Funding Round
$2.98 M (USD), Seed
Mar 04, 2024
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Investors
CapitalT
& 1 more
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Employee Count
Employee Count
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Funding Insights of eComID
eComID has successfully raised a total of $2.98M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.98 million completed in March 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 1
- Last Round Seed — $3.0M
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First Round
First Round
(04 Mar 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - eComID | Valuation | CapitalT , H&M Group Ventures |
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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 eComID
eComID has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CapitalT and H&M Group Ventures. 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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Early-stage investments are made in innovative teams by CapitalT.
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Founded Year | Domain | Location | |
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Venture capital fund investing in multiple sectors
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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 eComID
| 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 - eComID
| 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 |
Ecomid Comparisons
Competitors of eComID
eComID 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 Happy Returns, Loop Returns, NuvoEx, Blubirch and Returnly, 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 |
Physical stores are operated for in-person returns of online purchases.
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| domain | founded_year | HQ Location |
Returns management solutions are offered for Shopify brands.
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| domain | founded_year | HQ Location |
Reverse logistics solutions are offered for Indian e-commerce returns.
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| domain | founded_year | HQ Location |
Provider of reverse supply chain automation platform
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| domain | founded_year | HQ Location |
Return management solutions are offered to eCommerce companies via SaaS.
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| domain | founded_year | HQ Location |
Returned inventory is managed for e-commerce retailers via software solutions.
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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 Ecomid
Frequently Asked Questions about eComID
When was eComID founded?
eComID was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is eComID located?
eComID is headquartered in Stockholm, Sweden.
Who is the current CEO of eComID?
Oscar Rundqvist is the current CEO of eComID. They have also founded this company.
Is eComID a funded company?
eComID is a funded company, having raised a total of $2.98M across 1 funding round to date. The company's 1st funding round was a Seed of $2.98M, raised on Mar 04, 2024.
What does eComID do?
eComID was founded in 2023 in Stockholm, Sweden, as a platform focused on returns management within the e-commerce sector. End-to-end processes are handled, covering product returns through to direct reselling to customers. Solutions are tailored for managing oversized resale operations, supporting businesses in streamlining reverse logistics and inventory recovery across European markets.
Who are the top competitors of eComID?
eComID's top competitors include Happy Returns, Loop Returns and Blubirch.
Who are eComID's investors?
eComID has 2 investors. Key investors include CapitalT, and H&M Group Ventures.