About HooYu
HooYu is a company based in London (United Kingdom) founded in 2010 was acquired by Mitek in March 2022.. The company has 60 employees as of March 31, 2019. HooYu operates in a competitive market with competitors including Signifyd, LifeLock, Onfido, IDnow and Riskified, among others.
- Headquarter London, United Kingdom
- Employees 60 as on 31 Mar, 2019
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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- Legal Name Hooyu Ltd
- Date of Incorporation 05 Mar, 2010
- Jurisdiction LONDON, ENGLAND
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Funding Insights of HooYu
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2011 | Amount | Seed - HooYu | Valuation |
investors |
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| 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 |
Investors in HooYu
HooYu has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include GBG and Mitek. 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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Fraud prevention solutions are provided by GBG platform to businesses.
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Founded Year | Domain | Location | |
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AI-based identity verification solutions are provided for various 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 HooYu
| 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 - HooYu
| 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 |
Hooyu Comparisons
Competitors of HooYu
HooYu 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 Signifyd, LifeLock, Onfido, IDnow and Riskified, 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 |
Provider of fraud prevention and payment validation for online retailers
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| domain | founded_year | HQ Location |
Identity theft is protected and prevented through cyber monitoring services.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Automated and expert-led identity verification services are provided.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
AI-based identity verification and fraud detection 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 Hooyu
Frequently Asked Questions about HooYu
When was HooYu founded?
HooYu was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is HooYu located?
HooYu is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does HooYu have?
As of Mar 31, 2019, the latest employee count at HooYu is 60.
What is the annual revenue of HooYu?
Annual revenue of HooYu is $13.78M as on Mar 31, 2021.
What does HooYu do?
HooYu was founded in 2010 in London, United Kingdom, as a provider of identity verification solutions in the technology sector. Digital footprints are analyzed to verify customers, alongside authentication of documents such as driving licenses, ID cards, and passports. Biometric facial verification is also offered to confirm identities. Invites can be sent to customers for verification processes, supporting operations across various industries.