About Neteven
Neteven is a company based in London (United Kingdom) founded in 2005 was acquired by Lectra in June 2021.. Neteven has raised $5.8 million across 2 funding rounds from investors including Lectra, Supremum Capital and ERMAK Group. The company has 2 employees as of December 31, 2020. Neteven operates in a competitive market with competitors including Faire, Mirakl, Auction Technology Group, Reevooy and Creoate, among others.
- Headquarter London, United Kingdom
- Employees 2 as on 31 Dec, 2020
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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
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- Legal Name Neteven Uk Ltd
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Funding Insights of Neteven
Neteven has successfully raised a total of $5.8M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $4.85 million completed in January 2014. 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 B — $4.9M
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First Round
First Round
(05 Nov 2007)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2014 | Amount | Series B - Neteven | Valuation | Supremum Capital , ERMAK Group | |
| Nov, 2007 | Amount | Seed - Neteven | 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 Neteven
Neteven has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Lectra, Supremum Capital and ERMAK Group. 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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Supremum Capital is engaged in investment portfolio management.
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Founded Year | Domain | Location | |
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Early-stage tech investments are made in the US and Denmark.
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Founded Year | Domain | Location | |
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Early-stage investments in software companies are targeted by Concentric VC.
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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 Neteven
| 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 - Neteven
| 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 |
Neteven Comparisons
Competitors of Neteven
Neteven 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 Faire, Mirakl, Auction Technology Group, Reevooy and Creoate, 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 |
Multi-category products are supplied to retailers through a B2B marketplace.
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| domain | founded_year | HQ Location |
Cloud-based e-commerce solutions for marketplace businesses are provided.
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| domain | founded_year | HQ Location |
Technology is provided to enable auction-based secondary goods marketplaces.
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| domain | founded_year | HQ Location |
An online platform for digital sourcing by businesses is provided.
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| domain | founded_year | HQ Location |
Multi-category products are provided via an online B2B wholesale marketplace.
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| domain | founded_year | HQ Location |
Local B2B listing platform
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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 Neteven
Frequently Asked Questions about Neteven
When was Neteven founded?
Neteven was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Neteven located?
Neteven is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Neteven a funded company?
Neteven is a funded company, having raised a total of $5.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $943.26K, raised on Nov 05, 2007.
How many employees does Neteven have?
As of Dec 31, 2020, the latest employee count at Neteven is 2.
What does Neteven do?
Neteven facilitates distribution on marketplaces through a Saas-based software solutions. Neteven provides retailers and brands with software and services to trade on more than 500 online marketplaces in Europe, US, and Asia. The user is required to integrate the data with Neteven. The user can then use Netevens optimized data to create live listings. The key deliverable is preventing the complexity of integrating each marketplace into the merchant websites system. Some key partners include amazon, Intershop, Rakuten, Hybris, Magento, and Oracle among others. Neteven claims to process over 1 million orders per month.
Who are the top competitors of Neteven?
Neteven's top competitors include Faire, Mirakl and Auction Technology Group.
Who are Neteven's investors?
Neteven has 5 investors. Key investors include Lectra, Supremum Capital, ERMAK Group, Concentric, and OSEO.
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