About Iddiction
Iddiction is a company based in Palo Alto (United States) founded in 2011 by Andrej Nabergoj. It operates as a B2C. Iddiction has raised $8.99 million across 2 funding rounds from investors including Felicis Ventures, Highland Capital Partners and IDG Ventures. Iddiction operates in a competitive market with competitors including AndroLib, Octappush, PreApps, AlternativeTo and AppClip, among others.
- Headquarter Palo Alto, United States
- Founders Andrej Nabergoj
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.99 M (USD)
in 2 rounds
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Latest Funding Round
$5.51 M (USD), Series A
Mar 29, 2013
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Investors
Felicis Ventures
& 4 more
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Employee Count
Employee Count
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Funding Insights of Iddiction
Iddiction has successfully raised a total of $8.99M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.51 million completed in March 2013. 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 2
- Last Round Series A — $5.5M
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First Round
First Round
(03 Nov 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2013 | Amount | Series A - Iddiction | Valuation |
investors |
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| Nov, 2011 | Amount | Series A - Iddiction | Valuation | Felicis Ventures , Highland Capital Partners |
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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 Iddiction
Iddiction has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Felicis Ventures, Highland Capital Partners and IDG Ventures. 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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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location | |
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Venture capital investment and entrepreneur support services.
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Founded Year | Domain | Location | |
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Tech focused Venture Capital firm investing globally
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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 Iddiction
| 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 - Iddiction
| 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 |
Iddiction Comparisons
Competitors of Iddiction
Iddiction 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 AndroLib, Octappush, PreApps, AlternativeTo and AppClip, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides Android news, reviews, apps, games, and how-to guides.
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| domain | founded_year | HQ Location |
Operates as an app discovery platform to help users find and explore applications.
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| domain | founded_year | HQ Location |
Mobile apps are previewed and user feedback is gathered pre-launch.
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| domain | founded_year | HQ Location |
A platform for discovering alternative applications to popular software.
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| domain | founded_year | HQ Location |
Offers an app discovery and recommendation platform to enhance user experiences.
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| 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 Iddiction
When was Iddiction founded?
Iddiction was founded in 2011.
Where is Iddiction located?
Iddiction is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Iddiction?
Andrej Nabergoj is the current CEO of Iddiction. They have also founded this company.
Is Iddiction a funded company?
Iddiction is a funded company, having raised a total of $8.99M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.48M, raised on Nov 03, 2011.
What does Iddiction do?
Iddiction, led by Andrej Nabergoj as Founder and CEO, specializes in leveraging cutting-edge technology, software, app discovery, and mobile apps and games. Functions as a discovery tool for mobile apps and games. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of Iddiction?
Who are Iddiction's investors?
Iddiction has 5 investors. Key investors include Felicis Ventures, Highland Capital Partners, IDG Ventures, Bayview Capital Group, and Comcast Ventures.
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