About Gigalocal
Gigalocal is a company based in Hamburg (Germany) founded in 2011. It operates as a B2C. Gigalocal has raised $1 million across 1 funding round from investors including Hanse Ventures and HV Capital. Gigalocal offers products and services including Aviamasters. Gigalocal operates in a competitive market with competitors including Yes Plz, fireXale, smaboo, A4ord and Project Expat, among others.
- Headquarter Hamburg, Germany
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Sectors
Consumer
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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
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Series A
May 19, 2011
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Investors
Hanse Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Gigalocal
Gigalocal offers a comprehensive portfolio of products and services, including Aviamasters. 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.
A betting game where players wager on a plane's flight to earn multipliers before it crashes.
Funding Insights of Gigalocal
Gigalocal has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Series A round of $1 million completed in May 2011. 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 Series A — $1.0M
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First Round
First Round
(19 May 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2011 | Amount | Series A - Gigalocal | 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 Gigalocal
Gigalocal has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Hanse Ventures and HV 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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Hanse Ventures is engaged in building and supporting digital startups.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to digital company founders.
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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 Gigalocal
| 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 - Gigalocal
| 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 |
Gigalocal Comparisons
Competitors of Gigalocal
Gigalocal 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 Yes Plz, fireXale, smaboo, A4ord and Project Expat, 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.
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| domain | founded_year | HQ Location |
Coffee brand established in 2016 in Vernon, United States.
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An online platform for convenient booking of various local services.
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| domain | founded_year | HQ Location |
Online platform for managing appointments in restaurants, hairdressers, and beauty salons.
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| domain | founded_year | HQ Location |
An online marketplace connecting users with service providers across categories.
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| domain | founded_year | HQ Location |
Provides insurance, pensions, and relocation support for expatriates in Germany.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Gigalocal
When was Gigalocal founded?
Gigalocal was founded in 2011.
Where is Gigalocal located?
Gigalocal is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Is Gigalocal a funded company?
Gigalocal is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Series A of $1M, raised on May 19, 2011.
What does Gigalocal do?
BGaming creates digital casino games, including Aviamasters, which involves betting on a virtual planes flight path with multipliers and risks. Players select stakes and aim to cash out before the plane crashes, using random number generators for fairness. The company operates through licensed platforms, offering quick rounds and demo modes for users worldwide, focusing on accessible entertainment without complex strategies.
Who are the top competitors of Gigalocal?
What products or services does Gigalocal offer?
Gigalocal offers Aviamasters.
Who are Gigalocal's investors?
Gigalocal has 2 investors. Key investors include Hanse Ventures, and HV Capital.