About Jinn
Jinn is a company based in London (United Kingdom) founded in 2013 was acquired by Henchman App in December 2017.. Jinn has raised $19.79 million across 6 funding rounds from investors including Elderstreet Investments, Bull Partners and Samaipata. The company has 1,580 employees as of March 31, 2022. Jinn offers products and services including Toto Macau 4D and Hongkong Lotto. Jinn operates in a competitive market with competitors including eCourier.co.uk, Zepto Express, DelivrMe, Zapp and Pinga, among others.
- Headquarter London, United Kingdom
- Employees 1580 as on 31 Mar, 2022
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rico Logistics Ltd
- Date of Incorporation 04 Nov, 1993
- Jurisdiction SLOUGH, BERKSHIRE
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Annual Revenue
$165.44 M (USD)35as on Mar 31, 2017
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Net Profit
$4.53 M (USD)-11as on Mar 31, 2017
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EBITDA
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Total Equity Funding
$19.79 M (USD)
in 6 rounds
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Latest Funding Round
$10 M (USD), Series B
May 12, 2017
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Investors
Elderstreet Investments
& 4 more
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Employee Count
1580
as on Mar 31, 2022
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Acquired by
Henchman App
(Dec 05, 2017)
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Products & Services of Jinn
Jinn offers a comprehensive portfolio of products and services, including Toto Macau 4D and Hongkong Lotto. 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.
Betting service for Macau 4D lottery games
Platform for betting on Hongkong lottery draws
Funding Insights of Jinn
Jinn has successfully raised a total of $19.79M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in May 2017. 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 6
- Last Round Series B — $10.0M
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First Round
First Round
(21 Jul 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series B - Jinn | Valuation | Elderstreet Investments , Bull Partners | |
| Apr, 2016 | Amount | Series A - Jinn | Valuation |
investors |
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| Oct, 2015 | Amount | Seed - Jinn | 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 Jinn
Jinn has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Elderstreet Investments, Bull Partners and Samaipata. 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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UK tech companies are invested in by Elderstreet.
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Founded Year | Domain | Location | |
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Bull Partners is engaged in connecting investors with startups.
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Founded Year | Domain | Location | |
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Samaipata is engaged in venture capital investments for startups.
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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
|
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 Jinn
| 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 - Jinn
| 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 |
Jinn Comparisons
Competitors of Jinn
Jinn 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 eCourier.co.uk, Zepto Express, DelivrMe, Zapp and Pinga, 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 |
Tech-enabled courier services are provided for on-demand and international deliveries.
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| domain | founded_year | HQ Location |
Delivers an app-based on-demand concierge and delivery service for users.
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| domain | founded_year | HQ Location |
On-demand delivery app for food, groceries, and medicines is provided.
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| domain | founded_year | HQ Location |
Food and groceries are delivered on-demand via a premium app.
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| domain | founded_year | HQ Location |
App-based hyperlocal delivery service provider
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| domain | founded_year | HQ Location |
Offers a cloud-based dispatching and ordering platform for the food delivery market.
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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 Jinn
Frequently Asked Questions about Jinn
When was Jinn founded?
Jinn was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Jinn located?
Jinn is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Jinn a funded company?
Jinn is a funded company, having raised a total of $19.79M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.53M, raised on Jul 21, 2014.
How many employees does Jinn have?
As of Mar 31, 2022, the latest employee count at Jinn is 1,580.
What is the annual revenue of Jinn ?
Annual revenue of Jinn is $165.44M as on Mar 31, 2017.
What does Jinn do?
Jinn is an urban logistics and delivery platform that allows users to order anything they want from local stores and restaurants. It uses a mobile app that connects users with a fleet of couriers. When an order is received, a courier is sent to buy the item on the customers behalf and deliver it in less than one hour. Users can track their delivery in real time and pay through the app. It charges a 5.95 delivery fee plus 10 percent of the purchase.
Who are the top competitors of Jinn ?
Jinn 's top competitors include Zapp, eCourier.co.uk and Pinga.
What products or services does Jinn offer?
Jinn offers Toto Macau 4D and Hongkong Lotto.
Who are Jinn 's investors?
Jinn has 5 investors. Key investors include Elderstreet Investments, Bull Partners, Samaipata, STE Capital, and Henchman App.