About Fenergo
Fenergo is a company based in Dublin (Ireland) founded in 2009 was acquired by Astorg Partners in May 2021.. Fenergo has raised $180.97 million across 6 funding rounds from investors including Investec, ABN AMRO and Bridgepoint Capital. The company has 74 employees as of March 31, 2021. Fenergo has completed 1 acquisition, including Sentinels. Fenergo offers products and services including Fenergo CLM, Know Your Customer, and Transaction Monitoring. Fenergo operates in a competitive market with competitors including PayPal, Zscaler, Chainalysis, Synchrony and New York Life Insurance, among others.
- Headquarter Dublin, Ireland
- Employees 74 as on 31 Mar, 2021
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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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
$6.23 M (USD)21as on Mar 31, 2021
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Net Profit
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EBITDA
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Total Equity Funding
$180.97 M (USD)
in 6 rounds
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Latest Funding Round
$6 M (USD), Series B
Feb 12, 2020
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Investors
Investec
& 20 more
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Employee Count
74
as on Mar 31, 2021
- Investments & Acquisitions
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Acquired by
Astorg Partners
(May 18, 2021)
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Products & Services of Fenergo
Fenergo offers a comprehensive portfolio of products and services, including Fenergo CLM, Know Your Customer, and Transaction Monitoring. 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.
Software for automating client onboarding and compliance processes
Automates due diligence for regulatory and risk management
Detects suspicious activities in real-time for financial firms
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Software Development Team
62 people
Senior Team
42 people
Product Management Team
37 people
Leadership Team
36 people
Sales and Marketing
28 people
Principal Team
10 people
Operations Team
9 people
Finance and Accounting
7 people
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Funding Insights of Fenergo
Fenergo has successfully raised a total of $180.97M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in February 2020. 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 6
- Last Round Series B — $6.0M
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First Round
First Round
(20 Sep 2012)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2020 | Amount | Series B - Fenergo | Valuation | Abn Amro |
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| Feb, 2019 | Amount | Series B - Fenergo | Valuation | DXC |
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| Jan, 2019 | Amount | Angel Round - Fenergo | Valuation | Andy Mantzios |
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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 Fenergo
Fenergo has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Investec, ABN AMRO and Bridgepoint Capital. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Private equity and debt investments are directed toward financial sectors.
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Founded Year | Domain | Location | |
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Venture capital backed by Investec
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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 Fenergo
Fenergo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sentinels. 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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API-based transaction monitoring solutions are provided for financial institutions.
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2020 |
| 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 - Fenergo
| 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 |
Fenergo Comparisons
Competitors of Fenergo
Fenergo 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 PayPal, Zscaler, Chainalysis, Synchrony and New York Life Insurance, 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 |
Online payment solutions are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Cybersecurity and zero trust solutions are delivered for secure networks.
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| domain | founded_year | HQ Location |
Blockchain data platform insights for cryptocurrency are delivered.
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| domain | founded_year | HQ Location |
Synchrony is engaged in providing credit cards and banking services.
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| domain | founded_year | HQ Location |
Mutual life insurance and asset management services are provided.
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| domain | founded_year | HQ Location |
Hybrid cloud infrastructure solutions are delivered for business management.
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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 Fenergo
Frequently Asked Questions about Fenergo
When was Fenergo founded?
Fenergo was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is Fenergo located?
Fenergo is headquartered in Dublin, Ireland.
Is Fenergo a funded company?
Fenergo is a funded company, having raised a total of $180.97M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $120K, raised on Sep 20, 2012.
How many employees does Fenergo have?
As of Mar 31, 2021, the latest employee count at Fenergo is 74.
What is the annual revenue of Fenergo?
Annual revenue of Fenergo is $6.23M as on Mar 31, 2021.
What does Fenergo do?
Fenergo was founded in 2009 and is headquartered in Dublin, Ireland. Software solutions for client lifecycle management and regulatory compliance are provided to financial institutions. Focus is placed on customer onboarding processes, with adherence to anti-money laundering and know-your-customer regulations ensured. Operations center on cloud-based platforms that support businesses in managing compliance requirements across various jurisdictions.
Who are the top competitors of Fenergo?
What products or services does Fenergo offer?
Fenergo offers Fenergo CLM, Know Your Customer, and Transaction Monitoring.
How many acquisitions has Fenergo made?
Fenergo has made 1 acquisition, including Sentinels.
Who are Fenergo's investors?
Fenergo has 21 investors. Key investors include Investec, ABN AMRO, Bridgepoint Capital, Aquiline Capital Partners, and DXC.
What is Fenergo's valuation?
The valuation of Fenergo is $636.35M as of Feb 2019.
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