Rovo

Singapore, Singapore Founded: 2015 • Age: 11 yrs
Provider of community platform for sports players
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About Rovo

Rovo is a company based in Singapore (Singapore) founded in 2015 by Ritesh Angural and James Dam Tuan Long.. Rovo has raised $473 thousand across 1 funding round from investors including East Ventures and Golden Gate Ventures. Rovo has completed 1 acquisition, including FootySG. Rovo operates in a competitive market with competitors including Sportido, Sportside, Duplays, The Post and BeSport, among others.

  • Headquarter Singapore, Singapore
  • Founders Ritesh Angural, James Dam Tuan Long
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rovo Pte Ltd
Operational Areas
Media & Entertainment → Sports, Events & Attractions
Media & Entertainment → Creator Economy & Social Platforms
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $473 K (USD)

    in 1 rounds

  • Latest Funding Round
    $473 K (USD), Seed

    Aug 14, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Rovo
Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Joshua Newman
Co-Founder & VP Engineering

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Teams

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Funding Insights of Rovo

Rovo has successfully raised a total of $473K through 1 strategic funding round. The most recent funding activity was a Seed round of $473 thousand completed in August 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 Rounds 1
  • Last Round Seed — $473,000
  • First Round

    (14 Aug 2018)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2018 Amount Seed - Rovo Valuation East Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Rovo

Rovo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include East Ventures and Golden Gate Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
Founded Year Domain Location
Venture capital firm investing in Southeast Asian startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Rovo

Rovo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FootySG. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
A platform for soccer court reservations is provided in Singapore.
2019
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Rovo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rovo Comparisons

Employees
+
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Competitors of Rovo

Rovo 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 Sportido, Sportside, Duplays, The Post and BeSport, 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
Sports facilities and events are booked via an app-based platform.
domain founded_year HQ Location
Operates a social networking platform for managing and organizing sports events.
domain founded_year HQ Location
Provider of networking platform for sports participants
domain founded_year HQ Location
Provider of an athletes networking platform
domain founded_year HQ Location
Local sports events are discovered and communities are connected online.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Rovo

SG sports app Rovo to shut down operations
Techinasia2 years ago

Frequently Asked Questions about Rovo

When was Rovo founded?

Rovo was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Rovo located?

Rovo is headquartered in Singapore, Singapore.

Is Rovo a funded company?

Rovo is a funded company, having raised a total of $473K across 1 funding round to date. The company's 1st funding round was a Seed of $473K, raised on Aug 14, 2018.

What does Rovo do?

Rovo was founded in 2015 in Singapore as a provider of a community platform focused on sports players. Connections are facilitated between users and local players matching specific skill levels, particularly for tennis. Tools for discovering and reserving sports facilities are integrated into the platform. Operations center on location-based matching and booking services within the sports technology sector.

Who are the top competitors of Rovo?

Rovo's top competitors include Kibi Sports, Duplays and The Post.

How many acquisitions has Rovo made?

Rovo has made 1 acquisition, including FootySG.

Who are Rovo's investors?

Rovo has 2 investors. Key investors include East Ventures, and Golden Gate Ventures.

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