About Mico
Mico is a company based in Hong Kong (China) founded in 2015 was acquired by NewBornTown in July 2020. It operates as a Freemium. Mico has raised $30 million across 2 funding rounds from investors including NewBornTown. Mico offers products and services including Mico App. Mico operates in a competitive market with competitors including KlickPoints, Map Chat, PartyGo, Dangkr and Ishiyu, among others.
- Headquarter Hong Kong, China
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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
$30 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
NewBornTown
(Jul 01, 2020)
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Products & Services of Mico
Mico offers a comprehensive portfolio of products and services, including Mico App. 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.
A platform for meeting and chatting with people.
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Funding Insights of Mico
Mico has successfully raised a total of $30M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(24 Dec 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series B - Mico | Valuation | NewBornTown |
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| Dec, 2015 | Amount | Series A - Mico | 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 Mico
Mico has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NewBornTown. 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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Mobile app studio developing personalization apps
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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 Mico
| 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 - Mico
| 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 |
Mico Comparisons
Competitors of Mico
Mico 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 KlickPoints, Map Chat, PartyGo, Dangkr and Ishiyu, 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 |
A location-based information sharing platform
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| domain | founded_year | HQ Location |
An online social platform for tagging messages and content to locations.
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| domain | founded_year | HQ Location |
A social networking platform designed for night club communities.
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| domain | founded_year | HQ Location |
Offers a mobile app to connect users with travel partners in their area.
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| domain | founded_year | HQ Location |
Serves as a social network connecting food enthusiasts and sharing experiences.
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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 Mico
Frequently Asked Questions about Mico
When was Mico founded?
Mico was founded in 2015.
Where is Mico located?
Mico is headquartered in Hong Kong, China.
Is Mico a funded company?
Mico is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Dec 24, 2015.
What does Mico do?
Mico is recognized as a social networking platform where users are connected to meet new people and engage in chats. The service is designed to facilitate interactions across various regions, focusing on building online communities. Solutions are provided to enhance user engagement through messaging and social features within the technology sector.
Who are the top competitors of Mico?
Mico's top competitors include KlickPoints, Map Chat and PartyGo.
What products or services does Mico offer?
Mico offers Mico App.
Who are Mico's investors?
Mico has 1 investor. Key investors include NewBornTown.
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