About Skippr
Skippr is a company based in Sydney (Australia) founded in 2016 was acquired by CML Group in July 2020.. Skippr has raised $1 million across 2 funding rounds from investors including SocietyOne, CML Group and Andy Taylor. Skippr operates in a competitive market with competitors including Timelio, Waddle, Shengye Capital, Moneytech and Grapple, among others.
- Headquarter Sydney, Australia
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Debt – Conventional
Aug 07, 2018
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Investors
SocietyOne
& 3 more
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Employee Count
Employee Count
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Acquired by
CML Group
(Jul 29, 2020)
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Funding Insights of Skippr
Skippr has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $15 million 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 Funding
- Total Rounds 2
- Last Round Debt – Conventional — $15.0M
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First Round
First Round
(07 Aug 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Seed - Skippr | Valuation |
investors |
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| Aug, 2018 | Amount | Debt – Conventional - Skippr | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 Skippr
Skippr has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include SocietyOne, CML Group and Andy Taylor. 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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Unsecured personal loans are matched between borrowers and investors online.
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Founded Year | Domain | Location | |
|
AT
Andy Taylor |
Indian angel investor with focus on early-stage tech startups.
|
Founded Year | Domain | Location |
|
PT
Patrick Tuttle |
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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
|
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Skippr
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Skippr
| 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 |
Skippr Comparisons
Competitors of Skippr
Skippr 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 Timelio, Waddle, Shengye Capital, Moneytech and Grapple, 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 |
Invoice financing is provided to Australian businesses online.
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| domain | founded_year | HQ Location |
Invoice financing is provided through an online platform for businesses.
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| domain | founded_year | HQ Location |
Supply chain financing is facilitated through an online marketplace platform.
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| domain | founded_year | HQ Location |
Online finance and payment solutions for Australian SMEs are provided.
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| domain | founded_year | HQ Location |
Online marketplace for business loans
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| domain | founded_year | HQ Location |
E-invoicing and supply chain financing solutions are delivered to businesses.
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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 Skippr
Frequently Asked Questions about Skippr
When was Skippr founded?
Skippr was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Skippr located?
Skippr is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is Skippr a funded company?
Skippr is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Aug 07, 2018.
What does Skippr do?
Skippr is a cash flow management tool with invoice discounting services for small businesses. SMEs upload their pending invoices either manually or by connecting their accounting software with Skippr. SMBs choose the invoices to be funded and sell the invoices to Skippr. Skippr charges the following fees from the users: 1) Exchange Fee - It is a flat fee charged against the value of selected invoices. 2) Discount Fee - It is a variable fee charged against advanced funds. On average the fee is 1 per 30 days. Accrues daily up until date of payment. Fee is taken out of invoice residual. 3) Transaction Fee - flat fee of 50 charged upon funds being advanced to ensure user receives funding within 24 hours.
Who are the top competitors of Skippr?
Who are Skippr's investors?
Skippr has 4 investors. Key investors include SocietyOne, CML Group, Andy Taylor, and Patrick Tuttle.