About Sonetel
Sonetel is a company based in Stockholm (Sweden) founded in 2005.. The company has 40 employees as of June 30, 2024. Sonetel operates in a competitive market with competitors including 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, among others.
- Headquarter Stockholm, Sweden
- Employees 40 as on 30 Jun, 2024
- Stage Public
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sonetel Ab
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Annual Revenue
$2.2 M (USD)0.04as on Jun 30, 2024
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Net Profit
$-208.27 K (USD)-187.01as on Jun 30, 2024
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EBITDA
$5.96 K (USD)-96.78as on Jun 30, 2024
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Latest Funding Round
$58.01 K (USD), Grant
Sep 30, 2018
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Investors
European Union
& 1 more
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Employee Count
40
as on Jun 30, 2024
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IPO & Listings of Sonetel
Sonetel is a publicly listed company on the OMXSTO with ticker symbol SONE in Sweden, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Sonetel
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $58,006
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First Round
First Round
(01 Apr 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Grant - Sonetel | Valuation |
investors |
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| Apr, 2018 | Amount | Grant - Sonetel | Valuation |
investors |
| 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 Sonetel
Sonetel has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Sonetel
| 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 - Sonetel
| 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 |
Sonetel Comparisons
Competitors of Sonetel
Sonetel 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 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, 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 |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
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| domain | founded_year | HQ Location |
Connectivity, voice, and data center solutions are provided by Viatel.
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| domain | founded_year | HQ Location |
Business telecom and contact center services are provided to enterprises.
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| domain | founded_year | HQ Location |
Telecommunication services are delivered across Sri Lanka by Dialog Axiata.
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| domain | founded_year | HQ Location |
Cloud-based DNS, DHCP appliances, and security solutions are 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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Latest news on Sonetel
Frequently Asked Questions about Sonetel
When was Sonetel founded?
Sonetel was founded in 2005 and raised its 1st funding round 13 years after it was founded.
Where is Sonetel located?
Sonetel is headquartered in Stockholm, Sweden.
How many employees does Sonetel have?
As of Jun 30, 2024, the latest employee count at Sonetel is 40.
What is the annual revenue of Sonetel?
Annual revenue of Sonetel is $2.2M as on Jun 30, 2024.
What does Sonetel do?
Founded in 2005 in Stockholm, Sweden, Sonetel operates in the telecommunications sector, focusing on services for small and medium-sized enterprises. Local phone numbers are provided in multiple countries to enable voice and video calls worldwide. Incoming calls are forwarded to staff locations globally, with costs structured at local rates for recipients. Operations emphasize accessibility for international business communications.
Who are the top competitors of Sonetel?
Is Sonetel publicly traded?
Yes, Sonetel is publicly traded on OMXSTO under the ticker symbol SONE.
Who are Sonetel's investors?
Sonetel has 2 investors. Key investors include European Union, and EIC Fund.
What is Sonetel's ticker symbol?
The ticker symbol of Sonetel is SONE on OMXSTO.