About Gung
Gung is a company based in Goteborg (Sweden) founded in 2015 was acquired by Valedo in July 2022.. Gung offers products and services including B2B E-handel, PIM, CRM, and Säljportal.
- Headquarter Goteborg, Sweden
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Products & Services of Gung
Gung offers a comprehensive portfolio of products and services, including B2B E-handel, PIM, CRM, and Säljportal. 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.
Platform for B2B online sales and order processing
System for centralizing product information and updates
Tool for handling customer interactions and sales
Portal for accessing data and placing orders efficiently
Funding Insights of Gung
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Seed - Gung | 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 Gung
Gung has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Valedo. 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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Valedo is recognized as a growth-oriented Swedish investment group.
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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 Gung
| 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 - Gung
| 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 |
Gung Comparisons
Competitors of Gung
| 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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Frequently Asked Questions about Gung
When was Gung founded?
Gung was founded in 2015 and raised its 1st funding round 8 years after it was founded.
Where is Gung located?
Gung is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Who is the current CEO of Gung?
Par Hartung is the current CEO of Gung.
What does Gung do?
Gung was founded in 2015 in Gothenburg, Sweden, where operations are centered. Ecommerce services are delivered to wholesalers, focusing on streamlined online platforms for B2B transactions. The sector involves digital tools for inventory management and order processing. Leadership is provided by CEO Par Hartung. Activities remain based in Sweden, supporting regional wholesale networks without international expansion noted.
What products or services does Gung offer?
Gung offers B2B E-handel, PIM, CRM, and Säljportal.
Who are Gung's investors?
Gung has 1 investor. Key investors include Valedo.
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