About Glue
Glue is a company based in Helsinki (Finland) founded in 2018 by Santtu Parikka and Ville Miettinen. It operates as a SaaS (Software-as-a-Service). Glue has raised $3.85 million across 2 funding rounds from investors including Business Finland, Reaktor and Maki.vc. Glue offers products and services including Glue Platform. Glue operates in a competitive market with competitors including Gather, Multi, Cluster, Roam and Sketch, among others.
- Headquarter Helsinki, Finland
- Founders Santtu Parikka, Ville Miettinen
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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 Glue Collaboration
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.85 M (USD)
in 2 rounds
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Latest Funding Round
$3.85 M (USD), Seed
Nov 14, 2019
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Investors
Business Finland
& 5 more
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Employee Count
Employee Count
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Products & Services of Glue
Glue offers a comprehensive portfolio of products and services, including Glue Platform. 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 platform for virtual team collaboration is provided.
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Funding Insights of Glue
Glue has successfully raised a total of $3.85M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.85 million completed in November 2019. 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 — $3.9M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Seed - Glue | Valuation | Maki | |
| Mar, 2018 | Amount | Seed - Glue | 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 Glue
Glue has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Business Finland, Reaktor and Maki.vc. 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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A venture capital firm based in Helsinki, Finland, is operated.
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Founded Year | Domain | Location | |
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Limited information is provided about Bragiel Brothers' activities.
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Founded Year | Domain | Location | |
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Investments in technology companies are provided by Foobar.
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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 Glue
| 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 - Glue
| 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 |
Glue Comparisons
Competitors of Glue
Glue 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 Gather, Multi, Cluster, Roam and Sketch, 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 |
Cloud-based video conferencing solutions are offered by Gather.
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| domain | founded_year | HQ Location |
Virtual collaboration spaces for enterprises are provided via multi-device applications.
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| domain | founded_year | HQ Location |
Virtual meetings with avatars are hosted across multiple platforms.
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| domain | founded_year | HQ Location |
Cloud-based virtual spaces are offered for enterprise collaboration and meetings.
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| domain | founded_year | HQ Location |
Product design & prototyping toolkit
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| domain | founded_year | HQ Location |
Cloud-based mixed reality solutions for business meetings management are provided.
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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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Latest news on Glue
Frequently Asked Questions about Glue
When was Glue founded?
Glue was founded in 2018.
Where is Glue located?
Glue is headquartered in Helsinki, Finland.
Is Glue a funded company?
Glue is a funded company, having raised a total of $3.85M across 2 funding rounds to date.
What does Glue do?
A virtual collaboration platform is provided by Glue for teams needing effective remote meetings. Solutions are focused on creating a true presence with customizable and secure tools. The platform is utilized across various sectors, including healthcare and enterprise, for training, education, and business operations through virtual reality applications.
What products or services does Glue offer?
Glue offers Glue Platform.
Who are Glue's investors?
Glue has 6 investors. Key investors include Business Finland, Reaktor, Maki.vc, Bragiel Brothers, and Luvian Osuuspankki.
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