About Obi
Obi is a company based in Los Angeles (United States) founded in 2014 by Payam Safa. It operates as a Aggregator Model. Obi has raised $6.44 million across 3 funding rounds. Obi offers products and services including Obi App. Obi operates in a competitive market with competitors including UpStart Mobile, boons, Movigo, OpenStreetCab and Urbanhail, among others.
- Headquarter Los Angeles, United States
- Founders Payam Safa
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Sectors
Transportation, Automotive & Logistics
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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 Bellhop Technologies Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.44 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series A
Mar 09, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of Obi
Obi offers a comprehensive portfolio of products and services, including Obi App. 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.
Rideshare and taxi comparison app for cost savings.
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Funding Insights of Obi
Obi has successfully raised a total of $6.44M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 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 3
- Last Round Series A — $5.0M
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First Round
First Round
(22 Jun 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series A - Obi | Valuation |
investors |
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| Apr, 2020 | Amount | Seed - Obi | Valuation |
investors |
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| Jun, 2015 | Amount | Debt – Conventional - Obi | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Obi
| 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 - Obi
| 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 |
Obi Comparisons
Competitors of Obi
Obi 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 UpStart Mobile, boons, Movigo, OpenStreetCab and Urbanhail, 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.
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It serves as a location-based mobile solutions.
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Location based cab comparision platform
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Mobile app for comparing taxi prices and selecting affordable options in cities.
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Provides online platforms for trading forex, crypto, and CFDs worldwide.
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| 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 Obi
Frequently Asked Questions about Obi
When was Obi founded?
Obi was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Obi located?
Obi is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Obi?
Payam Safa is the current CEO of Obi. They have also founded this company.
Is Obi a funded company?
Obi is a funded company, having raised a total of $6.44M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $345K, raised on Jun 22, 2015.
What does Obi do?
Obi is managed as a technology platform for comparing and booking rideshares and taxis. It is designed to help users find the cheapest ride options across multiple providers. The app operates in over 175 countries, focusing on price transparency and user savings. Solutions are provided to track prices, ride types, and wait times automatically. The platform serves the transportation sector by enabling cost-effective travel choices for users globally.
Who are the top competitors of Obi?
Obi's top competitors include Movigo, UpStart Mobile and boons.
What products or services does Obi offer?
Obi offers Obi App.