About MPB
MPB is a company based in Brighton (United Kingdom) founded in 2006 by Kat Mitchell and Matt Barker.. MPB has raised $90.67 million across 5 funding rounds from investors including FJ Labs, Mobeus Equity Partners and Vitruvian Partners. The company has 345 employees as of March 31, 2022.
- Headquarter Brighton, United Kingdom
- Employees 345 as on 31 Mar, 2022
- Founders Kat Mitchell, Matt Barker
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mpb Group Limited
- Date of Incorporation 17 Feb, 2015
- Jurisdiction BRIGHTON, EAST SUSSEX
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Annual Revenue
$121.14 K (USD)-37as on Dec 31, 2017
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Net Profit
$2.38 K (USD)331as on Dec 31, 2017
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EBITDA
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Total Equity Funding
$90.67 M (USD)
in 5 rounds
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Latest Funding Round
$69.07 M (USD), Series D
Mar 31, 2021
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Investors
FJ Labs
& 5 more
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Employee Count
345
as on Mar 31, 2022
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Funding Insights of MPB
MPB has successfully raised a total of $90.67M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $69.07 million completed in March 2021. 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 5
- Last Round Series D — $69.1M
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First Round
First Round
(15 Jun 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series D - MPB | Valuation | Vitruvian Partners | |
| Jul, 2019 | Amount | Series C - MPB | Valuation | Acton Capital | |
| Feb, 2018 | Amount | Series B - MPB | Valuation | ProVen VCT , Mobeus Equity 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 |
investors |
Investors in MPB
MPB has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include FJ Labs, Mobeus Equity Partners and Vitruvian Partners. 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 equity investments are directed toward expanding startups across sectors.
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Founded Year | Domain | Location | |
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Tech-enabled companies are invested in by Acton Capital venture firm.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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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 MPB
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - MPB
| 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 |
Mpb Comparisons
Competitors of MPB
| 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 Mpb
Frequently Asked Questions about MPB
When was MPB founded?
MPB was founded in 2006 and raised its 1st funding round 10 years after it was founded.
Where is MPB located?
MPB is headquartered in Brighton, United Kingdom. It is registered at Brighton, East Sussex, United Kingdom.
Who is the current CEO of MPB?
Matt Barker is the current CEO of MPB. They have also founded this company.
Is MPB a funded company?
MPB is a funded company, having raised a total of $90.67M across 5 funding rounds to date. The company's 1st funding round was a Series B of $7.29M, raised on Jun 15, 2016.
How many employees does MPB have?
As of Mar 31, 2022, the latest employee count at MPB is 345.
What is the annual revenue of MPB?
Annual revenue of MPB is $121.14K as on Dec 31, 2017.
What does MPB do?
MPB was founded in 2006 in Brighton, United Kingdom, and operates as an online marketplace focused on used photography gear. Items such as DSLR cameras, lenses, drones, lighting equipment, adapters, and related accessories are traded through the platform. Transactions are facilitated digitally, serving buyers and sellers in the photography sector across various regions. The company is led by co-founders Kat Mitchell and Matt Barker, with Barker serving as CEO.
Who are MPB's investors?
MPB has 6 investors. Key investors include FJ Labs, Mobeus Equity Partners, Vitruvian Partners, Acton Capital, and Beringea.
What is MPB's valuation?
The valuation of MPB is $174.92M as of Mar 2021.