About iNeed
iNeed is a company based in London (United Kingdom) founded in 2012.. iNeed has raised $350.42 thousand across 4 funding rounds. iNeed operates in a competitive market with competitors including Thriver, Tuktu, OneLocal, DiEM and Handzap, among others.
- Headquarter London, United Kingdom
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Sectors
Business Services
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Ineed Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$350.42 K (USD)
in 4 rounds
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Latest Funding Round
$120.77 K (USD), Seed
Mar 24, 2015
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Investors
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Employee Count
Employee Count
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Funding Insights of iNeed
iNeed has successfully raised a total of $350.42K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $120.77 thousand completed in March 2015. 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 4
- Last Round Seed — $120,770
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First Round
First Round
(27 Sep 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Seed - iNeed | Valuation |
investors |
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| Sep, 2013 | Amount | Seed - iNeed | Valuation |
investors |
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| Jan, 2013 | Amount | Seed - iNeed | 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 |
Investments & Acquisitions by iNeed
| 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 - iNeed
| 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 |
Ineed Comparisons
Competitors of iNeed
iNeed 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 Thriver, Tuktu, OneLocal, DiEM and Handzap, 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 |
Thriver was founded in 2013 in Toronto by two co-founders.
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| domain | founded_year | HQ Location |
Local services are facilitated via an online P2P marketplace.
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| domain | founded_year | HQ Location |
Local services marketplace is operated via web and mobile platforms.
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| domain | founded_year | HQ Location |
Functions as an online lead generation platform for local services.
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| domain | founded_year | HQ Location |
Functions as an on-demand marketplace connecting users with a variety of services.
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| domain | founded_year | HQ Location |
Coffee brand established in 2016 in Vernon, United States.
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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 iNeed
When was iNeed founded?
iNeed was founded in 2012.
Where is iNeed located?
iNeed is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is iNeed a funded company?
iNeed is a funded company, having raised a total of $350.42K across 4 funding rounds to date. The company's 1st funding round was a Seed of $90.36K, raised on Sep 27, 2012.
What does iNeed do?
iNeed was established in 2012 in London, United Kingdom, as an online marketplace within the local services sector. Operations facilitate user searches for needed services, along with bookings at selected times and locations, supported by online payments. Registration is available for service providers to list and deliver their offerings. The platform operates under the domain ineed.co.uk, focusing on connections between users and providers in the region.