About Joymo
Joymo is a company based in Oslo (Norway) founded in 2016 by Jan Palmers.. Joymo has raised $3.43 million across 2 funding rounds from investors including Investinor and Stiftelsen Tinius. Joymo offers products and services including Joymo Platform and SOCS TV. Joymo operates in a competitive market with competitors including FuboTV, FloSports, Fox Sports, Sportvot and DAZN, among others.
- Headquarter Oslo, Norway
- Founders Jan Palmers
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Sectors
Media & Entertainment
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Email
***********
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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
$3.43 M (USD)
in 2 rounds
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Latest Funding Round
$2.03 M (USD), Seed
Jun 17, 2020
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Investors
Investinor
& 1 more
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Employee Count
Employee Count
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Products & Services of Joymo
Joymo offers a comprehensive portfolio of products and services, including Joymo Platform and SOCS TV. 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.
Service for live and on-demand sports content delivery to fans.
Platform for schools to stream and manage sports events online.
Funding Insights of Joymo
Joymo has successfully raised a total of $3.43M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.03 million completed in June 2020. 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 Seed — $2.0M
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First Round
First Round
(01 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Joymo | Valuation | Investinor , Tinius Trust |
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| Jun, 2019 | Amount | Seed - Joymo | 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 Joymo
Joymo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Investinor and Stiftelsen Tinius. 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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Founded Year | Domain | Location | |
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Stiftelsen Tinius is focused on sustainable media development.
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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 Joymo
| 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 - Joymo
| 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 |
Joymo Comparisons
Competitors of Joymo
Joymo 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 FuboTV, FloSports, Fox Sports, Sportvot and DAZN, 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 |
Subscription-based platform for streaming soccer content is offered.
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| domain | founded_year | HQ Location |
Live and on-demand sports coverage and analysis are provided.
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| domain | founded_year | HQ Location |
Sports news, live scores, statistics, and fantasy content are delivered.
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| domain | founded_year | HQ Location |
Live sports streaming and casual venue services are provided.
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| domain | founded_year | HQ Location |
A live-streaming platform for sports is provided via subscription.
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| domain | founded_year | HQ Location |
A live-streaming platform for sports is provided via subscription.
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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 Joymo
When was Joymo founded?
Joymo was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Joymo located?
Joymo is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Is Joymo a funded company?
Joymo is a funded company, having raised a total of $3.43M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Jun 01, 2019.
What does Joymo do?
Joymo was founded in 2016 in Oslo, Norway, as an online platform focused on live streaming for grassroots sports. AI and automation are employed to facilitate video content creation. Services enable sports clubs to sell tickets and interact with fans through digital engagement tools. Operations center on the sports technology sector, supporting community-level events across Europe.
What products or services does Joymo offer?
Joymo offers Joymo Platform and SOCS TV.
Who are Joymo's investors?
Joymo has 2 investors. Key investors include Investinor, and Stiftelsen Tinius.