About Fello
Fello is a company based in Goteborg (Sweden) founded in 2015 by John Axelberg and Lisa Axelberg was acquired by Telia Company in July 2019. It operates as a Subscription Services. Fello has raised $1.24 million across 2 funding rounds from investors including Telia Company and Aggregate. Fello offers products and services including Mobile Subscription, Student Subscription, Senior Subscription, and Under 18 Subscription. Fello operates in a competitive market with competitors including MasMovil, Ultra Mobile, Circles.Life, Boost Worldwide and Vodacom, among others.
- Headquarter Goteborg, Sweden
- Founders John Axelberg, Lisa Axelberg
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Telia Sverige Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.24 M (USD)
in 2 rounds
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Latest Funding Round
$940 K (USD), Seed
Jan 05, 2016
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Investors
Telia Company
& 1 more
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Employee Count
Employee Count
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Acquired by
Telia Company
(Jul 01, 2019)
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Products & Services of Fello
Fello offers a comprehensive portfolio of products and services, including Mobile Subscription, Student Subscription, Senior Subscription, and Under 18 Subscription. 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.
Affordable mobile plans with free calls in Sweden.
Special mobile plans designed for students with discounts.
Tailored mobile plans for users over 55 years.
Mobile plans for users under 18 with benefits.
Funding Insights of Fello
Fello has successfully raised a total of $1.24M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $940 thousand completed in January 2016. 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 Seed — $940,000
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First Round
First Round
(05 Jan 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Angel Round - Fello | Valuation |
investors |
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| Jan, 2016 | Amount | Seed - Fello | 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 Fello
Fello has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Telia Company and Aggregate. 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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Expansion-stage tech investments are targeted in Sweden and Norway.
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Founded Year | Domain | Location | |
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Integrated telecom and TV services are offered to Swedish customers.
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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 Fello
| 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 - Fello
| 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 |
Fello Comparisons
Competitors of Fello
Fello 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 MasMovil, Ultra Mobile, Circles.Life, Boost Worldwide and Vodacom, 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 |
Mobile internet, calling, and telecommunications services are provided across Spain.
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| domain | founded_year | HQ Location |
T-Mobile MVNO offering unlimited talk & data plans with international calling
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| domain | founded_year | HQ Location |
Data-focused mobile plans are provided by online MVNO Circles.Life.
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| domain | founded_year | HQ Location |
Prepaid cell phones & no contract plans
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| domain | founded_year | HQ Location |
Mobile telecommunication services are provided by Vodacom in South Africa.
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| domain | founded_year | HQ Location |
Roaming data services for travellers
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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 Fello
Frequently Asked Questions about Fello
When was Fello founded?
Fello was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Fello located?
Fello is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Is Fello a funded company?
Fello is a funded company, having raised a total of $1.24M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $300K, raised on Jan 05, 2016.
What does Fello do?
Fello is managed as a mobile network operator under Telia Sverige AB, offering affordable mobile subscriptions in Sweden. Services are provided with no binding contracts, free calls within Sweden, and low international rates. Specialized plans are tailored for students, seniors over 55, and users under 18. The company focuses on transparency with no hidden fees and allows unused data to be saved up to 100GB. Operations are centered in the telecommunications sector with a commitment to customer-friendly policies.
Who are the top competitors of Fello?
Fello's top competitors include MasMovil, Circles.Life and Ultra Mobile.
What products or services does Fello offer?
Fello offers Mobile Subscription, Student Subscription, Senior Subscription, and Under 18 Subscription.
Who are Fello's investors?
Fello has 2 investors. Key investors include Telia Company, and Aggregate.
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