About Hoovi
Hoovi is a Financial Services company based in Tallinn (Estonia) founded in 2018. Diversified financing services for businesses are provided. The company has 5 employees. Hoovi offers products and services including Arvelduskrediit, Ärilaen, Liising, and Hüpoteeklaen. Its focus areas include Consumer and SME Loans, SME Loans and Diversified. Its legal entity is HOOVI Rental OÜ. Its competitors include KredEx, Credory and Liisi.
Company details
Hoovi was founded in 2018 and is based in Tallinn, Estonia. Operations focus on the financial services sector, where a range of business financing options is offered to support various corporate needs. Services include diversified funding solutions tailored for enterprises, with activities centered in the Estonian market. The companys domain, hoovi.ee, facilitates access to these financing resources for local and regional businesses.
- Annual Revenue$192.95 K (USD)1539as on Dec 31, 2021
- Net Profit-$133.41 K (USD)-484as on Dec 31, 2021
- Latest Funding Round$8.67M (USD), Debt – Conventional
Mar 2025
- Investors
- Employee Count5
Products & Services of Hoovi
Hoovi offers a comprehensive portfolio of products and services, including Arvelduskrediit, Ärilaen, Liising, and Hüpoteeklaen.
Flexible credit line with free repayment schedule for businesses
Unsecured loan for enterprises up to 25,000€
Services for vehicles and equipment leasing
Loan secured by property for business financing
Funding Insights of Hoovi
- Total Rounds 1
- Last Round Debt – Conventional — $8.67M
- First Round $8.67M
(Mar 2025)
- Investors Count 1
All 1 funding rounds of Hoovi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $8.67M | Debt – Conventional | – | Ferratum Global | – |
1 investors in total: 1 institutional.
Investors in Hoovi
Hoovi has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ferratum Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Digital financial services are provided to consumers and SMEs. | multitude.com | Czech Republic |
Investor details for Hoovi
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- Complete investor list
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Timeline of Hoovi
2 dated milestones of Hoovi across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Hoovi is founded.
- Funding First funding round of $8.7M.
Competitors of Hoovi
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kredex.ee | 2001 | Tallinn, Estonia | Diversified lending is provided by this Estonian NBFI. | |||
| credory.ee | 2020 | Tallinn, Estonia | 1 | Offers real estate-backed loans for Estonian small and medium enterprises. | ||
| liisi.ee | 2016 | Haapsalu, Estonia | 11 | Offers banking services like loans, credit cards, leasing, and deposits for clients. |
Detailed competitors of Hoovi
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Web traffic of Hoovi
The website of Hoovi (hoovi.ee) receives about 3.4K visits a month.
- Monthly visits3.4K
▼ 33% vs previous month
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Frequently Asked Questions about Hoovi
Hoovi was founded in 2018 and raised its 1st funding round 7 years after it was founded.
Hoovi is headquartered in Tallinn, Estonia.
Hoovi has 5 employees.
Annual revenue of Hoovi is $192.95K as on Dec 31, 2021.
Hoovi was founded in 2018 and is based in Tallinn, Estonia. Operations focus on the financial services sector, where a range of business financing options is offered to support various corporate needs. Services include diversified funding solutions tailored for enterprises, with activities centered in the Estonian market. The companys domain, hoovi.ee, facilitates access to these financing resources for local and regional businesses.
Hoovi offers Arvelduskrediit, Ärilaen, Liising, and Hüpoteeklaen.
Hoovi has 1 investor. Key investors include Ferratum Global.
Hoovi operates through Hoovi Rental Oü.