About Lift99
Lift99 is a company based in Tallinn (Estonia) founded in 2010 by Ragnar Sass.. Lift99 has raised $2.3 million across 1 funding round from investors including Agrello, Taizo Son and Adam Omar Shanti. The company has 4 employees as of September 30, 2024. Lift99 offers products and services including Coworking Space, Meeting Rooms, and Events Hosting. Lift99 operates in a competitive market with competitors including Copass, among others.
- Headquarter Tallinn, Estonia
- Employees 4 as on 30 Sep, 2024
- Founders Ragnar Sass
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Sectors
Real Estate & Construction
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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
$780.62 K (USD)0as on Dec 31, 2022
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Net Profit
$132.09 K (USD)0as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$2.3 M (USD)
in 1 rounds
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Latest Funding Round
$2.3 M (USD), Seed
May 27, 2018
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Investors
Agrello
& 6 more
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Employee Count
4
as on Sep 30, 2024
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Products & Services of Lift99
Lift99 offers a comprehensive portfolio of products and services, including Coworking Space, Meeting Rooms, and Events Hosting. 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.
Offers shared workspaces for tech startups and entrepreneurs
Provides rentable rooms for team meetings and discussions
Organizes networking events to support startup growth
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Co Team
2 people
Hub Team
2 people
Product Management Team
1 people
Software Development Team
1 people
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Funding Insights of Lift99
Lift99 has successfully raised a total of $2.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.3 million completed in May 2018. 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 — $2.3M
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First Round
First Round
(27 May 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Seed - Lift99 | Valuation | Taizo Son |
| 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 Lift99
Lift99 has secured backing from 7 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Agrello, Taizo Son and Adam Omar Shanti. 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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Tech focused Early stage VC Firm investing in Europe and the UK
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Founded Year | Domain | Location | |
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Early-stage venture capital fund for tech startups
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Founded Year | Domain | Location | |
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Legal e-signature and contract management platform is provided.
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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 Lift99
| 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 - Lift99
| 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 |
Lift99 Comparisons
Competitors of Lift99
Lift99 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 Copass, 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 |
Copass provides membership in a network of coworking spaces.
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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 Lift99
Frequently Asked Questions about Lift99
When was Lift99 founded?
Lift99 was founded in 2010 and raised its 1st funding round 8 years after it was founded.
Where is Lift99 located?
Lift99 is headquartered in Tallinn, Estonia.
Who is the current CEO of Lift99?
Ragnar Sass is the current CEO of Lift99. They have also founded this company.
Is Lift99 a funded company?
Lift99 is a funded company, having raised a total of $2.3M across 1 funding round to date. The company's 1st funding round was a Seed of $2.3M, raised on May 27, 2018.
How many employees does Lift99 have?
As of Sep 30, 2024, the latest employee count at Lift99 is 4.
What is the annual revenue of Lift99?
Annual revenue of Lift99 is $780.62K as on Dec 31, 2022.
What does Lift99 do?
Lift99 was founded in 2010 as a provider of managed co-working and event spaces in the real estate and professional services sector. Access to facilities in Tallinn, Estonia, is granted through an online membership application platform. Flexible desk options are available starting at 185 EUR per month, with standard office amenities offered at a single location for startups, creative professionals, and entrepreneurs.
Who are the top competitors of Lift99?
Lift99's top competitors include Copass.
What products or services does Lift99 offer?
Lift99 offers Coworking Space, Meeting Rooms, and Events Hosting.
Who are Lift99's investors?
Lift99 has 7 investors. Key investors include Agrello, Taizo Son, Adam Omar Shanti, Stefan Glaenzer, and Ahti Heinla.