About Sportswik
Sportswik is a company based in Umea (Sweden) founded in 2012.. Sportswik has raised $1.5 million across 3 funding rounds from investors including Tribe, Northern Light Capital and Västerbottens-Kuriren. Sportswik offers products and services including Sportswik Platform. Sportswik operates in a competitive market with competitors including Ning, Blocksport, OneTwoSee, DROPIT and Skylab, among others.
- Headquarter Umea, Sweden
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sportswik Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Tribe
& 4 more
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Employee Count
Employee Count
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Products & Services of Sportswik
Sportswik offers a comprehensive portfolio of products and services, including Sportswik Platform. 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.
Tool for controlling sports content and enhancing fan interactions.
Funding Insights of Sportswik
Sportswik has successfully raised a total of $1.5M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(01 Jun 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - Sportswik | Valuation | Tribe Sports Marketing | |
| Mar, 2016 | Amount | Series A - Sportswik | Valuation |
investors |
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| Jun, 2015 | Amount | Seed - Sportswik | 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 Sportswik
Sportswik has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Tribe, Northern Light Capital and Västerbottens-Kuriren. 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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A venture capital firm focused on startup investments in Norrland.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by corporate-backed Almi Invest.
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Founded Year | Domain | Location | |
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A sports marketing agency focused on fan engagement solutions.
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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 Sportswik
| 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 - Sportswik
| 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 |
Sportswik Comparisons
Competitors of Sportswik
Sportswik 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 Ning, Blocksport, OneTwoSee, DROPIT and Skylab, 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 |
Custom social communities are built using Ning's SaaS platform.
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| domain | founded_year | HQ Location |
White label social platforms are offered to sports clubs.
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| domain | founded_year | HQ Location |
Interactive TV technologies are developed for real-time fan engagement.
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| domain | founded_year | HQ Location |
Provider of an online digital sports fan engagement platform
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| domain | founded_year | HQ Location |
White label community platforms are provided for brands and organizations.
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| domain | founded_year | HQ Location |
White label client portal & collaboration tool
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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 Sportswik
When was Sportswik founded?
Sportswik was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Sportswik located?
Sportswik is headquartered in Umea, Sweden.
Is Sportswik a funded company?
Sportswik is a funded company, having raised a total of $1.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Jun 01, 2015.
What does Sportswik do?
Sportswik was founded in 2012 in Umea, Sweden, and operates in the sports media sector. A platform is offered for users to create and share content such as game photos, interviews, videos, match commentaries, and live reports on events. Subscribers are provided with personalized sports magazines based on selected teams and matches. The service focuses on football communities through digital networking and content distribution.
Who are the top competitors of Sportswik?
Sportswik's top competitors include Blocksport, Skylab and OneTwoSee.
What products or services does Sportswik offer?
Sportswik offers Sportswik Platform.
Who are Sportswik's investors?
Sportswik has 5 investors. Key investors include Tribe, Northern Light Capital, Västerbottens-Kuriren, Tv4-Gruppen, and Almi Invest.