About Poio
Poio is a company based in Oslo (Norway) founded in 2016 by Daniel Senn and Maria Katarina Michelsen was acquired by Kahoot in May 2019.. Poio has raised $1.02 million across 1 funding round from investors including Kahoot, Schibsted Media Group and Halgrim Thon. The company has 1 employees as of December 31, 2021. Poio offers products and services including Poio App and Eventyrboka Book. Poio operates in a competitive market with competitors including Lingokids, Skillmatics, TinyTap, PlayShifu and LeapFrog, among others.
- Headquarter Oslo, Norway
- Employees 1 as on 31 Dec, 2021
- Founders Daniel Senn, Maria Katarina Michelsen
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Poio As
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Annual Revenue
$93.99 K (USD)-35as on Dec 31, 2022
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Net Profit
$43.78 K (USD)219as on Dec 31, 2022
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EBITDA
$23.61 K (USD)146as on Dec 31, 2022
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Total Equity Funding
$1.02 M (USD)
in 1 rounds
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Latest Funding Round
$1.02 M (USD), Seed
Apr 22, 2018
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Investors
Kahoot
& 2 more
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Employee Count
1
as on Dec 31, 2021
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Acquired by
Kahoot
(May 15, 2019)
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Products & Services of Poio
Poio offers a comprehensive portfolio of products and services, including Poio App and Eventyrboka Book. 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.
Interactive game for teaching reading skills to children aged 4-9.
Physical book complementing the app for reading practice.
Funding Insights of Poio
Poio has successfully raised a total of $1.02M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.02 million completed in April 2018. 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 1
- Last Round Seed — $1.0M
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First Round
First Round
(22 Apr 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Seed - Poio | Valuation | Schibsted Media Group , Halgrim Thon |
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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 |
Investors in Poio
Poio has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Kahoot, Schibsted Media Group and Halgrim Thon. 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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Leading Nordic news brands are operated by media house.
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Founded Year | Domain | Location | |
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HT
Halgrim Thon |
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Founded Year | Domain | Location |
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Cloud-based gamified content management platform for schools and organizations
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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 Poio
| 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 - Poio
| 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 |
Poio Comparisons
Competitors of Poio
Poio 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 Lingokids, Skillmatics, TinyTap, PlayShifu and LeapFrog, 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 |
Activity-driven English learning for kids is provided via mobile app.
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| domain | founded_year | HQ Location |
Learning resources and creative play products for children are retailed.
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| domain | founded_year | HQ Location |
SaaS and app-based platform offering activity-based learning solutions for school students
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| domain | founded_year | HQ Location |
Interactive STEM kits are provided for children's learning.
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| domain | founded_year | HQ Location |
Educational and entertainment products for children are created and offered.
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| domain | founded_year | HQ Location |
App-based educational games for children are developed in STEM fields.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Poio
Frequently Asked Questions about Poio
When was Poio founded?
Poio was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Poio located?
Poio is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Poio?
Daniel Senn is the current CEO of Poio. They have also founded this company.
Is Poio a funded company?
Poio is a funded company, having raised a total of $1.02M across 1 funding round to date. The company's 1st funding round was a Seed of $1.02M, raised on Apr 22, 2018.
How many employees does Poio have?
As of Dec 31, 2021, the latest employee count at Poio is 1.
What is the annual revenue of Poio?
Annual revenue of Poio is $93.99K as on Dec 31, 2022.
What does Poio do?
Poio was founded in 2016 in Oslo, Norway, as a provider of app-based tools in the educational technology sector. Reading proficiency for students is supported through features that allow letters to be joined into words, games to be repeated, readings to be controlled, and challenging tasks to be completed at individual paces. The application is accessible on Android and iOS devices.
Who are the top competitors of Poio?
What products or services does Poio offer?
Poio offers Poio App and Eventyrboka Book.
Who are Poio's investors?
Poio has 3 investors. Key investors include Kahoot, Schibsted Media Group, and Halgrim Thon.
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