About MPY
MPY is a company based in Mikkeli (Finland) founded in 1888 was acquired by Infranode in September 2023.. MPY offers products and services including Valokuitu, Digitalkkarit, Netti, and TV and Viihde. MPY operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Mikkeli, Finland
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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
*********
- Legal Name Mpy Osuuskunta
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
PHP Holding
& 1 more
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Employee Count
Employee Count
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Acquired by
Infranode
(Sep 26, 2023)
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Products & Services of MPY
MPY offers a comprehensive portfolio of products and services, including Valokuitu, Digitalkkarit, Netti, and TV and Viihde. 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.
High-speed fiber optic internet for residential and business use
Assistance for digital setups and troubleshooting services
High-speed internet connectivity for homes and offices
Television and streaming content delivery options
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Funding Insights of MPY
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Private Equity Round - MPY | Valuation |
investors |
| 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 MPY
MPY has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include PHP Holding and Infranode. 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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Nordic infrastructure investments are managed by Infranode with responsibility.
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Founded Year | Domain | Location | |
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Manages shareholder ownership, dividends, and value growth for investors.
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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 MPY
| 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 - MPY
| 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 |
Mpy Comparisons
Competitors of MPY
MPY 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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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 Mpy
Frequently Asked Questions about MPY
When was MPY founded?
MPY was founded in 1888 and raised its 1st funding round 129 years after it was founded.
Where is MPY located?
MPY is headquartered in Mikkeli, Finland.
What does MPY do?
MPY was founded in 1888 and is headquartered in Mikkeli, Finland. Operations focus on the ICT sector, where services including IT equipment management, ERP audits, information management process audits, mobile device management, workstation lifecycle services, server maintenance, enterprise network solutions, and digitalization support are delivered to business clients. The company serves organizations in various industries across Finland.
Who are the top competitors of MPY?
MPY's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does MPY offer?
MPY offers Valokuitu, Digitalkkarit, Netti, and TV and Viihde.
Who are MPY's investors?
MPY has 2 investors. Key investors include PHP Holding, and Infranode.