Sponsoo

Hamburg, Germany Founded: 2014 • Age: 12 yrs
An online marketplace for sports sponsorships is offered to athletes.
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About Sponsoo

Sponsoo is a company based in Hamburg (Germany) founded in 2014 by Christian Kaspar and Andreas Kitzing.. Sponsoo has raised $1.66 million across 1 funding round from investors including IFB Hamburg, Andreas Mihalovits and Thorsten Mattig. Sponsoo has completed 1 acquisition, including Sponssa. Sponsoo operates in a competitive market with competitors including Learfield Communications, Opendorse, InCrowd Sports, OpenSponsorship and Sponsorunited, among others.

  • Headquarter Hamburg, Germany
  • Founders Christian Kaspar, Andreas Kitzing
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Sports, Events & Attractions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.66 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.66 M (USD), Series A

    Nov 19, 2020

  • Investors
    IFB Hamburg

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Sponsoo
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Andreas Kitzing
CEO

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Funding Insights of Sponsoo

Sponsoo has successfully raised a total of $1.66M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.66 million completed in November 2020. 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 Series A — $1.7M
  • First Round

    (19 Nov 2020)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2020 Amount Series A - Sponsoo Valuation Andreas Mihalovits
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 Sponsoo

Sponsoo has secured backing from 6 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include IFB Hamburg, Andreas Mihalovits and Thorsten Mattig. 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
Institutional
Angel
Investor Description Founded Year Domain Location
A pan-European investment club for business angels and investors.
Founded Year Domain Location
Provides online banking, savings, credits, and insurance for customers.
Founded Year Domain Location
News portal for private banking and investment sectors is operated.
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 Sponsoo

Sponsoo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sponssa. 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
Sports sponsorship services are provided by Sponssa in Helsinki.
2020
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 - Sponsoo

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

Sponsoo Comparisons

Employees
+
Add Comparison
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Competitors of Sponsoo

Sponsoo 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 Learfield Communications, Opendorse, InCrowd Sports, OpenSponsorship and Sponsorunited, 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
Multimedia rights and marketing solutions for collegiate sports are managed.
domain founded_year HQ Location
Influencer marketing for athletes is facilitated through a specialized platform.
domain founded_year HQ Location
Mobile fan engagement and sports marketing company
domain founded_year HQ Location
Sports sponsorships are matched via an online marketplace platform.
domain founded_year HQ Location
Sports marketing and sponsorship marketplace is provided for brand partnerships.
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 Sponsoo

Frequently Asked Questions about Sponsoo

When was Sponsoo founded?

Sponsoo was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is Sponsoo located?

Sponsoo is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.

Who is the current CEO of Sponsoo?

Andreas Kitzing is the current CEO of Sponsoo. They have also founded this company.

Is Sponsoo a funded company?

Sponsoo is a funded company, having raised a total of $1.66M across 1 funding round to date. The company's 1st funding round was a Series A of $1.66M, raised on Nov 19, 2020.

What does Sponsoo do?

Founded in 2014 in Hamburg, Germany, Sponsoo operates as a digital platform in the sports sponsorship sector. Athletes are enabled to establish profiles and display their accomplishments, while brands are permitted to review these profiles and propose sponsorship agreements. Coverage includes sports such as football, golf, handball, basketball, snowboarding, and others, facilitating connections between participants and potential sponsors.

Who are the top competitors of Sponsoo?

Sponsoo's top competitors include Learfield Communications, Opendorse and Sponsorunited.

How many acquisitions has Sponsoo made?

Sponsoo has made 1 acquisition, including Sponssa.

Who are Sponsoo's investors?

Sponsoo has 6 investors. Key investors include IFB Hamburg, Andreas Mihalovits, Thorsten Mattig, European Super Angels Club, and Claas H Nieraad.

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