About New Co
New Co is a company based in San Francisco (United States) founded in 2012 by Ronke Oyekunle.. New Co has raised $10.45 million across 4 funding rounds from investors including True Ventures, Obvious Ventures and Transmedia Capital. New Co has completed 3 acquisitions, including Online Commerce Group, Prism Medical UK and S&P Coil.
- Headquarter San Francisco, United States
- Founders Ronke Oyekunle
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.45 M (USD)
in 4 rounds
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Latest Funding Round
$6.05 M (USD), Series A
Mar 07, 2016
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Investors
True Ventures
& 14 more
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Employee Count
Employee Count
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Investments & Acquisitions
Online Commerce Group
& 2 more
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Funding Insights of New Co
New Co has successfully raised a total of $10.45M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.05 million completed in March 2016. 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 4
- Last Round Series A — $6.1M
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First Round
First Round
(17 Feb 2015)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Series A - New Co | Valuation | True Ventures | |
| Aug, 2015 | Amount | Seed - New Co | Valuation |
investors |
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| Feb, 2015 | Amount | Seed - New Co | 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 New Co
New Co has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include True Ventures, Obvious Ventures and Transmedia Capital. 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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Venture capital firm supporting AI founders through investments and community.
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Founded Year | Domain | Location | |
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Provider of venture capital investments across planetary, human, and economic health
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Founded Year | Domain | Location | |
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VC firm making investment in early stage companies in the US
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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 New Co
New Co has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Online Commerce Group, Prism Medical UK and S&P Coil. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Developer of a wide range moving, handling and bathing solutions for patients
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2006 | ||||
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Customized home furnishings are offered through e-commerce platforms.
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2004 | ||||
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Coil manufacturing services are provided in the United Kingdom.
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1979 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - New Co
| 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 |
New Co Comparisons
Competitors of New Co
| 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 New Co
Frequently Asked Questions about New Co
When was New Co founded?
New Co was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is New Co located?
New Co is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is New Co a funded company?
New Co is a funded company, having raised a total of $10.45M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.7M, raised on Feb 17, 2015.
What does New Co do?
NewCo was founded in 2012 in San Francisco, United States. Businesses are linked via festivals, media platforms, and related services within the networking sector. Festivals are organized to blend business conference structure, music festival atmosphere, and artist open studio formats, enabling sustained participant engagement and professional ties. A dedicated media platform was introduced in late 2015 to cover individuals, organizations, and narratives associated with these initiatives.
How many acquisitions has New Co made?
New Co has made 3 acquisitions, including Online Commerce Group, Prism Medical UK, and S&P Coil.
Who are New Co's investors?
New Co has 15 investors. Key investors include True Ventures, Obvious Ventures, Transmedia Capital, Bloomberg Beta, and Freestyle VC.