About Huddly
Huddly is a company based in Oslo (Norway) founded in 2013 by Stein Ove Eriksen.. Huddly has raised $20 million across 3 funding rounds from investors including Graham Williams and Mertoun Capital. The company has 116 employees as of December 31, 2024. Huddly has completed 1 acquisition, including Epigram. Huddly offers products and services including Huddly Crew, Huddly L1, Huddly S1, Huddly IQ, and Huddly Canvas. Huddly operates in a competitive market with competitors including Dialpad, Fuze, Webex, Zoom and Skype, among others.
- Headquarter Oslo, Norway
- Employees 116 as on 31 Dec, 2024
- Founders Stein Ove Eriksen
- Stage Public
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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
*********
- Legal Name Huddly As
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Annual Revenue
$13.1 M (USD)-29.39as on Dec 31, 2024
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Net Profit
$-15.17 M (USD)-37.69as on Dec 31, 2024
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EBITDA
$-12.43 M (USD)-45.3as on Dec 31, 2024
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Total Equity Funding
$20 M (USD)
in 3 rounds
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Latest Funding Round
$12.1 M (USD), Post-IPO
Nov 21, 2023
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Investors
Mertoun Capital
& 1 more
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Employee Count
116
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Huddly
Huddly is a publicly listed company on the OSL with ticker symbol HDLY in Norway, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Huddly
Huddly offers a comprehensive portfolio of products and services, including Huddly Crew, Huddly L1, Huddly S1, Huddly IQ, and Huddly Canvas. 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.
AI-directed system for boosting engagement in meetings
Designed for medium and large meeting rooms
For small and medium meeting rooms
For small and medium meeting rooms
For capturing whiteboards in any space
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Software Development Team
20 people
Sales and Marketing
9 people
Product Management Team
7 people
Senior Team
6 people
Creative and Marketing Team
5 people
Leadership Team
4 people
Finance and Accounting
3 people
Imaging Team
1 people
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Funding Insights of Huddly
Huddly has successfully raised a total of $20M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $12.1 million completed in November 2023. 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 3
- Last Round Post-IPO — $12.1M
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First Round
First Round
(26 Apr 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Post-IPO - Huddly | Valuation |
investors |
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| Dec, 2017 | Amount | Series C - Huddly | Valuation | Graham Williams | |
| Apr, 2017 | Amount | Series B - Huddly | Valuation |
investors |
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| 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 Huddly
Huddly has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Graham Williams and Mertoun Capital. 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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Founded Year | Domain | Location | |
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GW
Graham Williams |
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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 Huddly
Huddly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Epigram. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI technologies are developed by Epigram in Oslo.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Huddly
| 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 |
Huddly Comparisons
Competitors of Huddly
Huddly 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 Dialpad, Fuze, Webex, Zoom and Skype, 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 |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Zoom is recognized for providing AI-first collaboration and communication solutions.
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| domain | founded_year | HQ Location |
VoIP software for internet video chats and calls is offered.
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| domain | founded_year | HQ Location |
Cloud-based video conferencing software is provided for user connections.
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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 Huddly
Frequently Asked Questions about Huddly
When was Huddly founded?
Huddly was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Huddly located?
Huddly is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Huddly?
Rosa Stensen is the current CEO of Huddly.
Is Huddly a funded company?
Huddly is a funded company, having raised a total of $20M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Apr 26, 2017.
How many employees does Huddly have?
As of Dec 31, 2024, the latest employee count at Huddly is 116.
What is the annual revenue of Huddly?
Annual revenue of Huddly is $13.1M as on Dec 31, 2024.
What does Huddly do?
Huddly was founded in 2013 in Oslo, Norway, and operates in the video conferencing hardware sector. AI-enhanced cameras, such as the Huddly GO model, are offered for desktop use, featuring software upgradability, high-resolution video capture, and automatic lighting adjustments. The Huddly App is provided for remote control and monitoring during sessions, supporting various meeting environments.
What products or services does Huddly offer?
Huddly offers Huddly Crew, Huddly L1, Huddly S1, Huddly IQ, and Huddly Canvas.
Is Huddly publicly traded?
Yes, Huddly is publicly traded on OSL under the ticker symbol HDLY.
How many acquisitions has Huddly made?
Huddly has made 1 acquisition, including Epigram.
Who are Huddly's investors?
Huddly has 2 investors. Key investors include Graham Williams, and Mertoun Capital.
What is Huddly's ticker symbol?
The ticker symbol of Huddly is HDLY on OSL.