About Sojo
Sojo is a company based in London (United Kingdom) founded in 2020 by Josephine Philips.. Sojo has raised $2.4 million across 1 funding round from investors including Albion Capital, MSM and CapitalT. Sojo has completed 1 acquisition, including Spedal. Sojo offers products and services including Repair Service. Sojo operates in a competitive market with competitors including Gormley Gamble, Maurice Sedwell, Online Tailors, Etch Suits and Alfred Brown, among others.
- Headquarter London, United Kingdom
- Founders Josephine Philips
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Sectors
RetailBusiness 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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- Legal Name Sojo Services Ltd
- Date of Incorporation 02 Sep, 2020
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.4 M (USD)
in 1 rounds
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Latest Funding Round
$2.4 M (USD), Seed
Apr 26, 2022
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Investors
Albion Capital
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Sojo
Sojo offers a comprehensive portfolio of products and services, including Repair Service. 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.
Platform for booking online clothing repairs and alterations to promote sustainability.
Funding Insights of Sojo
Sojo has successfully raised a total of $2.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.4 million completed in April 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
(26 Apr 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - Sojo | Valuation | CapitalT , Ascension |
| 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 Sojo
Sojo has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Albion Capital, MSM and CapitalT. 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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Early-stage investments are made in innovative teams by CapitalT.
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Founded Year | Domain | Location | |
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Ascension is recognized as a venture capital firm focused on early-stage tech investments.
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Founded Year | Domain | Location | |
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Impact-based investments are managed by MSM venture capital fund.
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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 Sojo
Sojo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Spedal. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of freight delivery services
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sojo
| 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 |
Sojo Comparisons
Competitors of Sojo
Sojo 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 Gormley Gamble, Maurice Sedwell, Online Tailors, Etch Suits and Alfred Brown, 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 |
Customized tailoring services for garments are offered to clients.
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| domain | founded_year | HQ Location |
Offers custom tailoring and personal care for garments in London.
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| domain | founded_year | HQ Location |
Specializes in online clothing repairs, alterations, and tailoring services in the UK.
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| domain | founded_year | HQ Location |
Offers custom suits, styling options, and retailer programmes for clothing needs.
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| domain | founded_year | HQ Location |
Produces worsted wool fabrics for tailoring and uniforms in England.
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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 Sojo
Frequently Asked Questions about Sojo
When was Sojo founded?
Sojo was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Sojo located?
Sojo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Sojo a funded company?
Sojo is a funded company, having raised a total of $2.4M across 1 funding round to date. The company's 1st funding round was a Seed of $2.4M, raised on Apr 26, 2022.
What does Sojo do?
Sojo was founded in 2020 in London, United Kingdom, as an app-based platform in the fashion services sector. Tailoring and repair options for apparel are facilitated through the mobile application, available on Android and iOS. Users can schedule pickups by selecting dates and times, review order details, and complete checkouts. Operations focus on convenient, on-demand alterations for clothing products.
Who are the top competitors of Sojo?
Sojo's top competitors include Gormley Gamble, Maurice Sedwell and Online Tailors.
What products or services does Sojo offer?
Sojo offers Repair Service.
How many acquisitions has Sojo made?
Sojo has made 1 acquisition, including Spedal.
Who are Sojo's investors?
Sojo has 4 investors. Key investors include Albion Capital, MSM, CapitalT, and Ascension.