About Igloocompany
Igloocompany is a company based in Singapore (Singapore) founded in 2015 by Anthony Chow and Kelvin Ho Khee Kien.. Igloocompany has raised $31 million across 3 funding rounds from investors including Wavemaker Partners, Singtel Innov8 and InnoVen Capital. Igloocompany operates in a competitive market with competitors including Assa Abloy, Level, igloohome, Gate Labs and Lockin, among others.
- Headquarter Singapore, Singapore
- Founders Anthony Chow, Kelvin Ho Khee Kien
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Sectors
Industrial Goods & ManufacturingTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Igloocompany Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31 M (USD)
in 3 rounds
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Latest Funding Round
$12 M (USD), Series B
Mar 17, 2022
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Investors
Wavemaker Partners
& 13 more
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Employee Count
Employee Count
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Funding Insights of Igloocompany
Igloocompany has successfully raised a total of $31M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in March 2022. 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 Series B — $12.0M
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First Round
First Round
(05 Apr 2018)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series B - Igloocompany | Valuation | Purpose Venture Capital | |
| Jul, 2019 | Amount | Series B - Igloocompany | Valuation | Insignia Ventures Partners , Wavemaker Partners | |
| Apr, 2018 | Amount | Series A - Igloocompany | Valuation | Insignia Ventures Partners |
| 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 Igloocompany
Igloocompany has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Wavemaker Partners, Singtel Innov8 and InnoVen 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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Venture capital firm investing in tech startups
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Founded Year | Domain | Location | |
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Corporate-backed venture capital firm focused on fintech, healthcare, and multiple sectors
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Founded Year | Domain | Location | |
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Investments in early-stage technology companies are made by Wavemaker Partners.
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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 Igloocompany
| 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 - Igloocompany
| 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 |
Igloocompany Comparisons
Competitors of Igloocompany
Igloocompany 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 Assa Abloy, Level, igloohome, Gate Labs and Lockin, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud-based access control systems
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| domain | founded_year | HQ Location |
Smart locks are designed and sold by Level.
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| domain | founded_year | HQ Location |
Keyless smart locks are developed for consumer and commercial applications.
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| domain | founded_year | HQ Location |
Camera-equipped smart locks are developed for home entry.
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| domain | founded_year | HQ Location |
Smart lock and security systems are installed and provided.
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| domain | founded_year | HQ Location |
Cloud-based smart door locks are manufactured for remote access.
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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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Latest news on Igloocompany
Frequently Asked Questions about Igloocompany
When was Igloocompany founded?
Igloocompany was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Igloocompany located?
Igloocompany is headquartered in Singapore, Singapore.
Who is the current CEO of Igloocompany?
Anthony Chow is the current CEO of Igloocompany. They have also founded this company.
Is Igloocompany a funded company?
Igloocompany is a funded company, having raised a total of $31M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Apr 05, 2018.
What does Igloocompany do?
Provider of smart locks for diversified purposes. It develops keyless access solutions which can be operated remotely, via time-sensitive PIN codes or Bluetooth keys. Its technology can be used in rental facilities, fleets and logistics, smart homes, and offices.
Who are the top competitors of Igloocompany?
Igloocompany's top competitors include igloohome, Assa Abloy and Level.
Who are Igloocompany's investors?
Igloocompany has 14 investors. Key investors include Wavemaker Partners, Singtel Innov8, InnoVen Capital, Purpose Venture Capital, and Kickstart Ventures.
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