About Mutual Mobile
Mutual Mobile is a company based in Austin (United States) founded in 2009 by John Arrow and Mickey Ristroph was acquired by Grid Dynamics in December 2022.. The company has 115 employees as of April 09, 2024. Mutual Mobile operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Sierra Atlantic, among others.
- Headquarter Austin, United States
- Employees 115 as on 09 Apr, 2024
- Founders John Arrow, Mickey Ristroph
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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 Mutualmobile Solutions Private Limited
- Date of Incorporation 07 Mar, 2011
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$5.03 M (USD)47.67as on Mar 31, 2023
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Net Profit
$902.95 K (USD)147.59as on Mar 31, 2023
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EBITDA
$1.27 M (USD)126.75as on Mar 31, 2023
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Latest Funding Round
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Investors
Grid Dynamics
& 1 more
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Employee Count
115
as on Apr 09, 2024
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Acquired by
Grid Dynamics
(Dec 27, 2022)
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Funding Insights of Mutual Mobile
- 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 |
|---|---|---|---|---|---|
| Aug, 2013 | Amount | Seed - Mutual Mobile | 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 Mutual Mobile
Mutual Mobile has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Grid Dynamics and WPP. 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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Content marketing services are provided by WPP globally.
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Founded Year | Domain | Location | |
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Cloud-based software for continuous application deployment and delivery is provided.
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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 Mutual Mobile
| 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 - Mutual Mobile
| 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 |
Mutual Mobile Comparisons
Competitors of Mutual Mobile
Mutual Mobile 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Sierra Atlantic, 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 |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Offshore enterprise application development and IT consulting services are provided.
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| domain | founded_year | HQ Location |
Mobile apps and IoT solutions are developed across platforms.
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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 Mutual Mobile
Frequently Asked Questions about Mutual Mobile
When was Mutual Mobile founded?
Mutual Mobile was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Where is Mutual Mobile located?
Mutual Mobile is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Mutual Mobile?
John Arrow is the current CEO of Mutual Mobile. They have also founded this company.
How many employees does Mutual Mobile have?
As of Apr 09, 2024, the latest employee count at Mutual Mobile is 115.
What is the annual revenue of Mutual Mobile?
Annual revenue of Mutual Mobile is $5.03M as on Mar 31, 2023.
What does Mutual Mobile do?
Mutual Mobile was founded in 2009 and is headquartered in Austin, United States. Operations focus on the technology sector, where product design and development services are offered. These include UXUI design, web and mobile development, digital transformation, IT consulting, hosting, and infrastructure support. Expertise is also maintained in emerging areas such as ARVR development, Internet of Things, and cloud consulting.
Who are the top competitors of Mutual Mobile?
Mutual Mobile's top competitors include Hedgehog lab, AlmavivA and AKQA.
Who are Mutual Mobile's investors?
Mutual Mobile has 2 investors. Key investors include Grid Dynamics, and WPP.