GoBear

Singapore, Singapore Founded: 2014 • Age: 12 yrs Acquired By Finder
Financial products including credit cards and loans are compared online.
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About GoBear

GoBear is a company based in Singapore (Singapore) founded in 2014 was acquired by Finder in April 2021.. GoBear has raised $97 million across 2 funding rounds from investors including Aegon, Finder and Walvis. GoBear has completed 1 acquisition, including AsiaKredit. GoBear operates in a competitive market with competitors including PolicyPal, MoneySmart Group, CardsPal, SingSaver and LoanGarage, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Technology → Marketing, Adtech & Commerce Technology
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $97 M (USD)

    in 2 rounds

  • Latest Funding Round
    $17 M (USD), Series C

    May 27, 2020

  • Investors
    Aegon

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Finder

    (Apr 08, 2021)

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Funding Insights of GoBear

GoBear has successfully raised a total of $97M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $17 million completed in May 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 Rounds 2
  • Last Round Series C — $17.0M
  • First Round

    (08 May 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2020 Amount Series C - GoBear Valuation Walvis , Aegon
May, 2019 Amount Series C - GoBear Valuation Walvis , Aegon
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in GoBear

GoBear has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Aegon, Finder and Walvis. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Operations are focused on life insurance, pensions, and asset management.
Founded Year Domain Location
A platform is provided for comparing financial products and services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GoBear

GoBear has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AsiaKredit. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile app-based consumer lending platform
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - GoBear

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Gobear Comparisons

Employees
+
Add Comparison
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Competitors of GoBear

GoBear 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 PolicyPal, MoneySmart Group, CardsPal, SingSaver and LoanGarage, 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 first insurance distribution platform
domain founded_year HQ Location
Financial comparison and advisory services are offered to consumers.
domain founded_year HQ Location
Credit card discovery and comparison platform is offered to consumers.
domain founded_year HQ Location
Financial products comparison platform
domain founded_year HQ Location
An aggregator for loans in Singapore and Indonesia
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Gobear

Frequently Asked Questions about GoBear

When was GoBear founded?

GoBear was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Where is GoBear located?

GoBear is headquartered in Singapore, Singapore.

Is GoBear a funded company?

GoBear is a funded company, having raised a total of $97M across 2 funding rounds to date. The company's 1st funding round was a Series C of $80M, raised on May 08, 2019.

What does GoBear do?

GoBear was founded in 2014 in Singapore and operates as a comparison platform within the financial services sector. Various products such as credit cards, consumer loans, insurance, banking options, robo advisors, and brokers are compared based on users credit scores. The platform facilitates informed decisions for consumers in the Asia-Pacific region through its digital interface.

Who are the top competitors of GoBear?

GoBear's top competitors include MoneySmart Group, PolicyPal and CardsPal.

How many acquisitions has GoBear made?

GoBear has made 1 acquisition, including AsiaKredit.

Who are GoBear's investors?

GoBear has 3 investors. Key investors include Aegon, Finder, and Walvis.

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