About Okredo
Okredo is a company based in Vilnius (Lithuania) founded in 2015 by Algirdas Snioka. Okredo has raised $1.78 million across 3 funding rounds from investors including European Union, Startup Wise Guys and Lighthouse Ventures. Okredo operates in a competitive market with competitors including Bloom Credit, Array, Noble, Trebol and Prestatech, among others.
- Headquarter Vilnius, Lithuania
- Founders Algirdas Snioka
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$1.78 M (USD)
in 3 rounds
-
Latest Funding Round
$1.31 M (USD), Grant
Aug 13, 2024
-
Investors
European Union
& 4 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Okredo
Okredo has successfully raised a total of $1.78M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $1.31 million completed in August 2024. 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.
Investors in Okredo
Okredo has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Startup Wise Guys and Lighthouse Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
LitBAN is operated as a business angel investment network in Lithuania.
|
Locked | Locked | Locked | |
|
Venture capital investments are made in advanced technology startups.
|
Locked | Locked | Locked | |
|
Venture capital and startup accelerator focused on B2B and SaaS companies
|
Locked | Locked | Locked |
Investor details for Okredo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Okredo
Investment portfolio details for Okredo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Okredo
Detailed financials for Okredo
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Okredo Comparisons
Peer comparison for Okredo
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Okredo
Okredo 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 Bloom Credit, Array, Noble, Trebol and Prestatech, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Tools for credit repair and score management are provided.
|
|
| Locked | Locked | Locked |
Credit data integration platform and management tools are provided.
|
|
| Locked | Locked | Locked |
Credit data from multiple sources is aggregated via API-based solutions.
|
|
| Locked | Locked | Locked |
Open banking API for credit data aggregation automation.
|
|
| Locked | Locked | Locked |
Banking software suite
|
Detailed competitors of Okredo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Okredo
Complete news archive for Okredo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Okredo
Okredo was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Okredo is headquartered in Vilnius, Lithuania.
Okredo is a funded company, having raised a total of $1.78M across 3 funding rounds to date.
Okredo was founded in 2015 in Vilnius, Lithuania, within the fintech sector. An open banking API is provided to businesses, allowing access to performance reports, interfaces for mapping relationships among employees, companies, and clients, as well as financial statements and risk assessment tools. Operations focus on enabling secure data integration and monitoring for corporate financial health.
Okredo's top competitors include Bloom Credit, Array and Noble.
Okredo has 5 investors. Key investors include European Union, Startup Wise Guys, Lighthouse Ventures, LitBAN, and Presto Ventures.