About Klevu
Klevu is a company based in Helsinki (Finland) founded in 2013.. Klevu has raised $17.88 million across 3 funding rounds from investors including Alfvén & Didrikson, Evli Growth Partners and JP Holding. The company has 30 employees as of March 29, 2024. Klevu offers products and services including AI Search, Product Discovery, Integrations, and Klevu+GA4 Integration. Klevu operates in a competitive market with competitors including BloomReach, Medallia, Klaviyo, Elastic Path Software and Yotpo, among others.
- Headquarter Helsinki, Finland
- Employees 30 as on 29 Mar, 2024
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Sectors
TechnologyRetail
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Phone
*********
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Website
*********
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Social
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- Legal Name Klevu India Private Limited
- Date of Incorporation 15 Apr, 2015
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$1.02 M (USD)18.56as on Mar 31, 2023
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Net Profit
$11.87 K (USD)86.26as on Mar 31, 2023
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EBITDA
$28.75 K (USD)1.7as on Mar 31, 2023
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Total Equity Funding
$17.88 M (USD)
in 3 rounds
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Latest Funding Round
$12 M (USD), Series A
Dec 03, 2020
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Investors
Alfvén & Didrikson
& 6 more
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Employee Count
30
as on Mar 29, 2024
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Products & Services of Klevu
Klevu offers a comprehensive portfolio of products and services, including AI Search, Product Discovery, Integrations, and Klevu+GA4 Integration. 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.
Provides intelligent search capabilities for online stores.
Enhances user navigation and recommendations on ecommerce sites.
Connects with platforms like Shopify for seamless data syncing.
Tracks and optimizes ecommerce search data in Google Analytics.
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Funding Insights of Klevu
Klevu has successfully raised a total of $17.88M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in December 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 3
- Last Round Series A — $12.0M
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First Round
First Round
(01 Apr 2014)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series A - Klevu | Valuation | Alfvén & Didrikson | |
| Nov, 2019 | Amount | Series A - Klevu | Valuation | Evli Growth Partners | |
| Apr, 2014 | Amount | Seed - Klevu | Valuation | Inventure |
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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 Klevu
Klevu has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Alfvén & Didrikson, Evli Growth Partners and JP Holding. 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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Early & mid-stage life sciences and tech focused VC firm investing primarily in Sweden
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Founded Year | Domain | Location | |
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Venture capital firm focused on series A & B investments
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Founded Year | Domain | Location | |
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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 Klevu
| 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 - Klevu
| 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 |
Klevu Comparisons
Competitors of Klevu
Klevu 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 BloomReach, Medallia, Klaviyo, Elastic Path Software and Yotpo, 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 |
SaaS-based product discovery and personalization for e-commerce are provided.
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| domain | founded_year | HQ Location |
Medallia is focused on customer and employee experience management.
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| domain | founded_year | HQ Location |
SaaS email marketing solutions are offered to e-commerce businesses.
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| domain | founded_year | HQ Location |
API-based enterprise commerce and content management platform is delivered.
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| domain | founded_year | HQ Location |
Cloud-based marketing platform for e-tailers
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| domain | founded_year | HQ Location |
Marketing solutions for e-commerce businesses are provided by Bango.
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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 Klevu
Frequently Asked Questions about Klevu
When was Klevu founded?
Klevu was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Klevu located?
Klevu is headquartered in Helsinki, Finland.
Is Klevu a funded company?
Klevu is a funded company, having raised a total of $17.88M across 3 funding rounds to date. The company's 1st funding round was a Seed of $344.31K, raised on Apr 01, 2014.
How many employees does Klevu have?
As of Mar 29, 2024, the latest employee count at Klevu is 30.
What is the annual revenue of Klevu?
Annual revenue of Klevu is $1.02M as on Mar 31, 2023.
What does Klevu do?
Klevu was founded in 2013 in Helsinki, Finland, as a provider of on-site search and navigation solutions for the e-commerce sector. An intelligent site search platform is offered to support businesses in enhancing online shopping experiences and onsite sales. Integration is enabled with platforms such as Magento, Shopify, and BigCommerce, allowing operations across various e-commerce environments.
Who are the top competitors of Klevu?
Klevu's top competitors include Klaviyo, CommerceIQ and Yotpo.
What products or services does Klevu offer?
Klevu offers AI Search, Product Discovery, Integrations, and Klevu+GA4 Integration.
Who are Klevu's investors?
Klevu has 7 investors. Key investors include Alfvén & Didrikson, Evli Growth Partners, JP Holding, Jonas Dromberg, and Inventure VC.