About Glownet
Glownet is a company based in London (United Kingdom) founded in 2012.. Glownet has raised $2.8 million across 1 funding round from investors including Downing. Glownet offers products and services including Ticketing, Wallets, Payments, Point of Sale, and Access Control. Glownet operates in a competitive market with competitors including Nymi, PassHolder, Turnpike Group, WRSTBND and Atomx, among others.
- Headquarter London, United Kingdom
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Glownet Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.8 M (USD)
in 1 rounds
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Latest Funding Round
$2.8 M (USD), Series A
Apr 23, 2018
- Investors
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Employee Count
Employee Count
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Products & Services of Glownet
Glownet offers a comprehensive portfolio of products and services, including Ticketing, Wallets, Payments, Point of Sale, and Access Control. 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.
System for issuing and managing event tickets digitally.
Platform for integrated customer journey tracking and interactions.
Handles cashless and hybrid payment systems for events.
On-site system for multi-vendor transactions and sales.
QR and NFC-based entry management for venues.
Manages multi-merchant environments and revenue sharing.
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Funding Insights of Glownet
Glownet has successfully raised a total of $2.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.8 million completed in April 2018. 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 — $2.8M
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First Round
First Round
(23 Apr 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2018 | Amount | Series A - Glownet | Valuation | Downing |
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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 Glownet
Glownet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Downing. 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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Inheritance tax relief, funds, and bonds are provided across 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 Glownet
| 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 - Glownet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Glownet Comparisons
Competitors of Glownet
Glownet 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 Nymi, PassHolder, Turnpike Group, WRSTBND and Atomx, 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 |
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| domain | founded_year | HQ Location |
Biometric authentication is provided via wearable wristband technology.
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Offers wearable-based platforms for access control solutions.
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| domain | founded_year | HQ Location |
Wearable devices are provided for monitoring workforce productivity.
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| domain | founded_year | HQ Location |
Wearable-based access control solutions are provided for events and venues.
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| domain | founded_year | HQ Location |
NFC technology is used for electronic wallets and event management.
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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 Glownet
When was Glownet founded?
Glownet was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is Glownet located?
Glownet is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Glownet a funded company?
Glownet is a funded company, having raised a total of $2.8M across 1 funding round to date. The company's 1st funding round was a Series A of $2.8M, raised on Apr 23, 2018.
What does Glownet do?
Glownet was founded in 2012 in London, United Kingdom, as a platform focused on the events technology sector. Access control, ticketing, and payment processing are facilitated through its services, including cashless transactions and staff coordination. Operational insights into attendee behavior and real-time customer tracking are enabled, supporting organizers of festivals, concerts, expos, and amusement parks across various locations.
Who are the top competitors of Glownet?
What products or services does Glownet offer?
Glownet offers Ticketing, Wallets, Payments, Point of Sale, and 2 more products and services.
Who are Glownet's investors?
Glownet has 1 investor. Key investors include Downing.