About Joonko
Joonko is a company based in Berlin (Germany) founded in 2019 by Eric Lange.. Joonko has raised $11.07 million across 1 funding round from investors including Raisin and Ping An. Joonko offers products and services including Car Insurance Comparison and Credit Comparison. Joonko operates in a competitive market with competitors including Webfleet, Coya, Teraki, EMIL and MOBIVERS, among others.
- Headquarter Berlin, Germany
- Founders Eric Lange
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Joonko Ag
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.07 M (USD)
in 1 rounds
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Latest Funding Round
$11.07 M (USD), Seed
Sep 16, 2019
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Investors
Raisin
& 1 more
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Employee Count
Employee Count
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Products & Services of Joonko
Joonko offers a comprehensive portfolio of products and services, including Car Insurance Comparison and Credit Comparison. 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.
Tool for comparing car insurance options simply and transparently.
Platform for evaluating credit products based on user needs.
Funding Insights of Joonko
Joonko has successfully raised a total of $11.07M through 1 strategic funding round. The most recent funding activity was a Seed round of $11.07 million completed in September 2019. 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 1
- Last Round Seed — $11.1M
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First Round
First Round
(16 Sep 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - Joonko | Valuation | Ping An , Raisin |
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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 Joonko
Joonko has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Raisin and Ping An. 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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Life and non-life insurance, banking, and financial services are provided.
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Founded Year | Domain | Location | |
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Comparison platform for bank accounts
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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 Joonko
| 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 - Joonko
| 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 |
Joonko Comparisons
Competitors of Joonko
Joonko 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 Webfleet, Coya, Teraki, EMIL and MOBIVERS, 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 |
Provides cloud-based fleet management software solutions.
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| domain | founded_year | HQ Location |
Usage-based insurances are delivered via an online platform.
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| domain | founded_year | HQ Location |
An AI-enabled edge processing platform for automotive sensors is provided.
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| domain | founded_year | HQ Location |
Usage-based auto insurance with liability and comprehensive options is offered.
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| domain | founded_year | HQ Location |
Cloud based application platform offering insurance for vehicles
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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 Joonko
When was Joonko founded?
Joonko was founded in 2019.
Where is Joonko located?
Joonko is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Joonko a funded company?
Joonko is a funded company, having raised a total of $11.07M across 1 funding round to date. The company's 1st funding round was a Seed of $11.07M, raised on Sep 16, 2019.
What does Joonko do?
Joonko was founded in 2019 in Berlin, Germany, by Eric Lange as a co-founder. An online platform is operated to deliver auto insurance policies focused on customer needs. Services are provided digitally in the insurance sector, targeting vehicle owners with streamlined policy options. The company functions within the European market, emphasizing accessible coverage through internet-based processes.
What products or services does Joonko offer?
Joonko offers Car Insurance Comparison and Credit Comparison.
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