About Mimo
Mimo is a company based in London (United Kingdom) founded in 2023 by Henrik Grim, Andreas Meisingseth, and Alexander Gernandt Segerby. It operates as a SaaS (Software-as-a-Service), and FinTech. Mimo has raised $28.06 million across 2 funding rounds from investors including Seedcamp, Project A and Northzone. Mimo offers products and services including Mimo Flex, Accounts Payable, and Accounts Receivable. Mimo operates in a competitive market with competitors including Qonto, Melio, Lili, Settle and Baiwang, among others.
- Headquarter London, United Kingdom
- Founders Henrik Grim, Andreas Meisingseth, Alexander Gernandt Segerby
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Omim Technology Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.06 M (USD)
in 2 rounds
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Latest Funding Round
$8.5 M (USD), Seed
Mar 12, 2025
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Investors
Seedcamp
& 4 more
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Employee Count
Employee Count
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Products & Services of Mimo
Mimo offers a comprehensive portfolio of products and services, including Mimo Flex, Accounts Payable, and Accounts Receivable. 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.
Flexible financing is provided for business growth support.
Payment processes are automated to save significant time.
Automated reminders are used to ensure faster payments.
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Funding Insights of Mimo
Mimo has successfully raised a total of $28.06M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $8.5 million completed in March 2025. 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 — $8.5M
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First Round
First Round
(11 Apr 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - Mimo | Valuation | Project A | |
| Apr, 2024 | Amount | Seed - Mimo | Valuation | Northzone |
| 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 Mimo
Mimo has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Seedcamp, Project A and Northzone. 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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Project A is recognized as an early-stage venture capital firm focused on European startups.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Northzone venture capital.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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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 Mimo
| 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 - Mimo
| 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 |
Mimo Comparisons
Competitors of Mimo
Mimo 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 Qonto, Melio, Lili, Settle and Baiwang, 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 |
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| domain | founded_year | HQ Location |
Subscription-based online banking is offered to SMEs and freelancers.
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| domain | founded_year | HQ Location |
Blood-based pathogen detection devices are manufactured for healthcare applications.
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| domain | founded_year | HQ Location |
Digital banking services are offered to freelancers.
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| domain | founded_year | HQ Location |
Cloud-based cash flow management is provided for payers and vendors.
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| domain | founded_year | HQ Location |
Electronic invoicing and invoice management services are provided to businesses.
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| domain | founded_year | HQ Location |
Online invoicing and payment software is provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Mimo
Frequently Asked Questions about Mimo
When was Mimo founded?
Mimo was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Mimo located?
Mimo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Mimo?
Henrik Grim is the current CEO of Mimo. They have also founded this company.
Is Mimo a funded company?
Mimo is a funded company, having raised a total of $28.06M across 2 funding rounds to date. The company's 1st funding round was a Seed of $19.56M, raised on Apr 11, 2024.
What does Mimo do?
Payment processes and financing solutions are streamlined by Mimo for businesses, accountants, and bookkeepers. Services are provided in the financial technology sector, focusing on accounts payable and receivable automation. Flexible working capital access up to 1m is facilitated through a revolving credit facility. Multi-currency payments and international transfers are supported to enhance cash flow management. Integration with accounting software like Xero and QuickBooks is enabled for seamless reconciliation. Solutions are tailored for growing brands, retail, FMCG, wholesalers, and professional services.
What products or services does Mimo offer?
Mimo offers Mimo Flex, Accounts Payable, and Accounts Receivable.
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