About PrimaryBid
PrimaryBid is a company based in London (United Kingdom) founded in 2012 by Anand Sambasivan, James Deal, and Kieran DSilva.. PrimaryBid has raised $254.2 million across 7 funding rounds from investors including ABN AMRO, LSEG and Fidelity International. The company has 47 employees as of March 31, 2021. PrimaryBid operates in a competitive market with competitors including Angel List, Connectd, Angel Investment Network, Tiny and Odin, among others.
- Headquarter London, United Kingdom
- Employees 47 as on 31 Mar, 2021
- Founders Anand Sambasivan, James Deal, Kieran DSilva
- Stage Minicorn
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Sectors
Technology
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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 Primarybid Limited
- Date of Incorporation 01 Jun, 2012
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$6.1 M (USD)-10as on Mar 31, 2022
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Net Profit
$-19.57 M (USD)-69as on Mar 31, 2022
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EBITDA
$-19.57 M (USD)-69as on Mar 31, 2022
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Total Equity Funding
$254.2 M (USD)
in 7 rounds
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Latest Funding Round
$190 M (USD), Series C
Jan 08, 2022
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Investors
ABN AMRO
& 10 more
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Employee Count
47
as on Mar 31, 2021
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Funding Insights of PrimaryBid
PrimaryBid has successfully raised a total of $254.2M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $190 million completed in January 2022. 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 7
- Last Round Series C — $190.0M
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First Round
First Round
(28 Aug 2012)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series C - PrimaryBid | Valuation | SoftBank Vision Fund | |
| Oct, 2020 | Amount | Series B - PrimaryBid | Valuation | LSEG , OMERS | |
| Sep, 2019 | Amount | Series A - PrimaryBid | Valuation | Pentech , Outward |
| 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 PrimaryBid
PrimaryBid has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include ABN AMRO, LSEG and Fidelity International. 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 investments in technology and startups.
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Founded Year | Domain | Location | |
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Venture capital fund focused on deep tech, consumer tech, health tech, SaaS, and multiple sectors
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Founded Year | Domain | Location | |
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Early-stage technology-driven companies are targeted for venture capital investments.
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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 PrimaryBid
| 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 - PrimaryBid
| 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 |
Primarybid Comparisons
Competitors of PrimaryBid
PrimaryBid 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 Angel List, Connectd, Angel Investment Network, Tiny and Odin, 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 |
Alternative investment platform for startups and investors is operated.
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| domain | founded_year | HQ Location |
Connections are enabled and managed for founders, advisors, and investors.
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| domain | founded_year | HQ Location |
An online platform is provided for private market investments.
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| domain | founded_year | HQ Location |
Cloud-based WYSIWYG text editors with collaboration features are provided.
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| domain | founded_year | HQ Location |
Project management software is offered by ODIN for construction professionals.
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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 Primarybid
Frequently Asked Questions about PrimaryBid
When was PrimaryBid founded?
PrimaryBid was founded in 2012.
Where is PrimaryBid located?
PrimaryBid is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of PrimaryBid?
Anand Sambasivan is the current CEO of PrimaryBid. They have also founded this company.
Is PrimaryBid a funded company?
PrimaryBid is a funded company, having raised a total of $254.2M across 7 funding rounds to date. The company's 1st funding round was a Series A of $8.6M, raised on Aug 28, 2012.
How many employees does PrimaryBid have?
As of Mar 31, 2021, the latest employee count at PrimaryBid is 47.
What is the annual revenue of PrimaryBid?
Annual revenue of PrimaryBid is $6.1M as on Mar 31, 2022.
What does PrimaryBid do?
PrimaryBid was founded in 2012 in London, United Kingdom. An app-based platform is operated in the fintech sector, facilitating capital raising for public companies. Access is provided to individual investors, allowing transactions at the same timing and pricing as institutional ones. The service supports retail participation in corporate fundraisings, with the app available on Android and iOS devices across relevant geographies.
Who are the top competitors of PrimaryBid?
PrimaryBid's top competitors include Angel List, Connectd and Angel Investment Network.
Who are PrimaryBid's investors?
PrimaryBid has 11 investors. Key investors include ABN AMRO, LSEG, Fidelity International, Salica Investments, and SoftBank Vision Fund.
What is PrimaryBid's valuation?
The valuation of PrimaryBid is $97.6M as of Oct 2020.
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