About Snap-It
Snap-It is a company based in Wembley (United Kingdom) founded in 2019.. Snap-It has raised $2.36 million across 1 funding round from investors including ActivumSG, Force Over Mass and LiFE Ventures. The company has 9 employees as of December 31, 2021. Snap-It operates in a competitive market with competitors including Flooring Superstore, PaintWell, Stylib, Building Materials Nationwide and Materials Market, among others.
- Headquarter Wembley, United Kingdom
- Employees 9 as on 31 Dec, 2021
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Sectors
Real Estate & ConstructionRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Snap It Ltd
- Date of Incorporation 29 Jan, 2019
- Jurisdiction LONDON
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.36 M (USD)
in 1 rounds
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Latest Funding Round
$2.36 M (USD), Seed
Oct 06, 2022
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Investors
ActivumSG
& 5 more
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Employee Count
9
as on Dec 31, 2021
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Funding Insights of Snap-It
Snap-It has successfully raised a total of $2.36M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.36 million completed in October 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 1
- Last Round Seed — $2.4M
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First Round
First Round
(06 Oct 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Snap-It | Valuation | ActivumSG |
| 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 Snap-It
Snap-It has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include ActivumSG, Force Over Mass and LiFE 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on SaaS, AI, blockchain, gaming, fintech, and multiple sectors
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Founded Year | Domain | Location | |
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A real estate fund focused on opportunistic investment strategies.
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Founded Year | Domain | Location | |
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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 Snap-It
| 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 - Snap-It
| 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 |
Snap-It Comparisons
Competitors of Snap-It
Snap-It 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 Flooring Superstore, PaintWell, Stylib, Building Materials Nationwide and Materials Market, 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 |
Flooring and carpets are retailed online as primary products.
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| domain | founded_year | HQ Location |
Painting and decorative equipment is retailed online by PaintWell.
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| domain | founded_year | HQ Location |
Building materials for construction are supplied via an online platform.
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| domain | founded_year | HQ Location |
Provides a comprehensive e-commerce platform for sourcing and delivering building materials.
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| domain | founded_year | HQ Location |
An online marketplace for building materials procurement is provided.
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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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Frequently Asked Questions about Snap-It
When was Snap-It founded?
Snap-It was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Snap-It located?
Snap-It is headquartered in Wembley, United Kingdom.
Is Snap-It a funded company?
Snap-It is a funded company, having raised a total of $2.36M across 1 funding round to date. The company's 1st funding round was a Seed of $2.36M, raised on Oct 06, 2022.
How many employees does Snap-It have?
As of Dec 31, 2021, the latest employee count at Snap-It is 9.
What does Snap-It do?
Snap-It was founded in 2019 in Wembley, United Kingdom, as an app-based on-demand marketplace focused on plumbing materials. Delivery of plumbing supplies and boiler spare parts is facilitated to buyers. Supplier locations closest to customers are calculated and optimized through the companys software, which streamlines logistics in the construction and maintenance sector. Operations center on connecting suppliers and buyers efficiently within the UK market.
Who are the top competitors of Snap-It?
Snap-It's top competitors include Flooring Superstore, Materials Market and PaintWell.
Who are Snap-It's investors?
Snap-It has 6 investors. Key investors include ActivumSG, Force Over Mass, LiFE Ventures, David Haye, and Greg Marsh.