About Jambo
Jambo is a company based in Cape Town (South Africa) founded in 2022 by James Zhang.. Jambo has raised $37.5 million across 2 funding rounds from investors including Coinbase, Gemini and Yield Guild. Jambo offers products and services including Jambo Phone, J Token Trading, and Digital Wallets. Jambo operates in a competitive market with competitors including Dapper Labs, IndiGG, Sky Mavis, Spatial and Mode Mobile, among others.
- Headquarter Cape Town, South Africa
- Founders James Zhang
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Sectors
TechnologyMedia & Entertainment Financial Services Retail
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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
$37.5 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series A
May 10, 2022
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Investors
Coinbase
& 20 more
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Employee Count
Employee Count
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Products & Services of Jambo
Jambo offers a comprehensive portfolio of products and services, including Jambo Phone, J Token Trading, and Digital Wallets. 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.
On-chain enabled phone for mobile network access and services.
Platform for trading $J tokens in a decentralized environment.
Wallets for managing on-chain assets and phone orders securely.
Funding Insights of Jambo
Jambo has successfully raised a total of $37.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in May 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 2
- Last Round Series A — $30.0M
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First Round
First Round
(21 Feb 2022)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - Jambo | Valuation | Paradigm | |
| Feb, 2022 | Amount | Seed - Jambo | Valuation | Delphi Ventures , Coinbase |
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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 Jambo
Jambo has secured backing from 21 investors, including venture fund and institutional investors. Prominent investors backing the company include Coinbase, Gemini and Yield Guild. 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 investments are directed toward crypto-assets and Web3 businesses.
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Founded Year | Domain | Location | |
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Blockchain-focused investment funds and venture capital are provided.
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Founded Year | Domain | Location | |
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Investments are made in life sciences firms across all stages.
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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 Jambo
| 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 - Jambo
| 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 |
Jambo Comparisons
Competitors of Jambo
Jambo 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 Dapper Labs, IndiGG, Sky Mavis, Spatial and Mode Mobile, 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 |
Blockchain-based games developer for PC and console
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| domain | founded_year | HQ Location |
Online community-based gaming platform
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| domain | founded_year | HQ Location |
Blockchain-based NFT games are developed for strategy and role-playing genres.
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| domain | founded_year | HQ Location |
Spatial is focused on creating immersive virtual experiences.
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| domain | founded_year | HQ Location |
Reward-based game NFTs are provided on a Web3 platform.
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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 Jambo
Frequently Asked Questions about Jambo
When was Jambo founded?
Jambo was founded in 2022.
Where is Jambo located?
Jambo is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Who is the current CEO of Jambo?
James Zhang is the current CEO of Jambo. They have also founded this company.
Is Jambo a funded company?
Jambo is a funded company, having raised a total of $37.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.5M, raised on Feb 21, 2022.
What does Jambo do?
Jambo was founded in 2022 in Cape Town, South Africa, with James Zhang as co-founder and CEO. Operations are centered in the web3 sector, where mobile infrastructure solutions are constructed to support decentralized applications. A super app is being developed to integrate education, gaming, entertainment, and earning mechanisms, targeting users in emerging markets through accessible mobile technology.
Who are the top competitors of Jambo?
Jambo's top competitors include Dapper Labs, Sky Mavis and CryptoKitties.
What products or services does Jambo offer?
Jambo offers Jambo Phone, J Token Trading, and Digital Wallets.
Who are Jambo's investors?
Jambo has 21 investors. Key investors include Coinbase, Gemini, Yield Guild, United Overseas Bank, and Shima Capital.
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