About Mobile Klinik
Mobile Klinik is a company based in Toronto (Canada) founded in 2015 was acquired by Telus in July 2020.. Mobile Klinik has raised $27.27 million across 2 funding rounds from investors including TELUS, Scotiabank and McKinsey. Mobile Klinik offers products and services including Device Repair, Certified Pre-owned Phones, Device Activation, and Sell Your Phone. Mobile Klinik operates in a competitive market with competitors including Savvy Now, among others.
- Headquarter Toronto, Canada
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Sectors
Business Services
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Phone
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Website
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Social
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Products & Services of Mobile Klinik
Mobile Klinik offers a comprehensive portfolio of products and services, including Device Repair, Certified Pre-owned Phones, Device Activation, and Sell Your Phone. 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.
Professional fixes for damaged phones, tablets, and devices.
Sale of inspected second-hand phones with warranties.
Assistance in activating phones with carrier plans.
Secure buying of used devices from customers.
Funding Insights of Mobile Klinik
Mobile Klinik has successfully raised a total of $27.27M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $20.42 million completed in May 2019. 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 Series C — $20.4M
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First Round
First Round
(11 Sep 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2019 | Amount | Series C - Mobile Klinik | Valuation | Canadian Business Growth Fund |
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| Sep, 2017 | Amount | Series B - Mobile Klinik | Valuation | Kensington Capital Partners |
| 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 |
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Investors in Mobile Klinik
Mobile Klinik has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include TELUS, Scotiabank and McKinsey. 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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Growth capital investments are made by this private equity firm.
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Multiple sectors are invested in by the private equity firm.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Mobile Klinik
| 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 - Mobile Klinik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Mobile Klinik Comparisons
Competitors of Mobile Klinik
Mobile Klinik 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 Savvy Now, 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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Provides on-demand technical support services for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mobile Klinik
Frequently Asked Questions about Mobile Klinik
When was Mobile Klinik founded?
Mobile Klinik was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Mobile Klinik located?
Mobile Klinik is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Mobile Klinik a funded company?
Mobile Klinik is a funded company, having raised a total of $27.27M across 2 funding rounds to date. The company's 1st funding round was a Series B of $6.85M, raised on Sep 11, 2017.
What does Mobile Klinik do?
Mobile Klinik was founded in 2015 in Toronto, Canada, as a provider in the mobile device repair sector. A network of stores is operated to deliver repair and maintenance services for smartphones and related devices. Focus is placed on diagnostics, part replacements, and quick turnaround times. Operations are centered in Canada, with the primary location in Toronto, supporting local and regional customers in the technology repair industry.
Who are the top competitors of Mobile Klinik?
Mobile Klinik's top competitors include Savvy Now.
What products or services does Mobile Klinik offer?
Mobile Klinik offers Device Repair, Certified Pre-owned Phones, Device Activation, and Sell Your Phone.
Who are Mobile Klinik's investors?
Mobile Klinik has 7 investors. Key investors include TELUS, Scotiabank, McKinsey, Kensington Capital Partners, and Canadian Business Growth Fund.