About Subaio
Subaio is a company based in Aalborg (Denmark) founded in 2016 by Thomas Laursen and Brian Jorgensen.. Subaio has raised $5.25 million across 4 funding rounds from investors including Mastercard, Nordea and Global PayTech Ventures. The company has 39 employees as of December 31, 2022. Subaio offers products and services including Identify, Cancel, Sell, and Predict. Subaio operates in a competitive market with competitors including Meniga, Constellation, FinGoal, Moneythor and Wellthi, among others.
- Headquarter Aalborg, Denmark
- Employees 39 as on 31 Dec, 2022
- Founders Thomas Laursen, Brian Jorgensen
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Subaio Aps
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Annual Revenue
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Net Profit
$-2.75 M (USD)-56as on Dec 31, 2022
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EBITDA
$-2.84 M (USD)-57as on Dec 31, 2022
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Total Equity Funding
$5.25 M (USD)
in 4 rounds
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Latest Funding Round
$4.8 M (USD), Series A
Feb 05, 2021
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Investors
Mastercard
& 2 more
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Employee Count
39
as on Dec 31, 2022
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Products & Services of Subaio
Subaio offers a comprehensive portfolio of products and services, including Identify, Cancel, Sell, and Predict. 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 to classify recurring and non-recurring transactions accurately.
Service for easy cancellation of subscriptions through bank apps.
Platform to offer personalized financial products to customers.
System for predicting transaction patterns and customer behavior.
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Funding Insights of Subaio
Subaio has successfully raised a total of $5.25M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.8 million completed in February 2021. 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 4
- Last Round Series A — $4.8M
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First Round
First Round
(01 Jul 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series A - Subaio | Valuation | Global Paytech Ventures |
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| Nov, 2020 | Amount | Series A - Subaio | Valuation | Mastercard |
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| Jun, 2018 | Amount | Series A - Subaio | Valuation | Nordea |
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| 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 Subaio
Subaio has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Mastercard, Nordea and Global PayTech 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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Global PayTech Ventures is focused on advancing paytech innovation through investments.
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Founded Year | Domain | Location | |
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Global payments are processed via card network connections.
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Founded Year | Domain | Location | |
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Nordea is recognized as a leading Nordic universal bank.
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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 Subaio
| 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 - Subaio
| 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 |
Subaio Comparisons
Competitors of Subaio
Subaio 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 Meniga, Constellation, FinGoal, Moneythor and Wellthi, 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 |
Personal finance management solutions for banks are provided and integrated.
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| domain | founded_year | HQ Location |
Financial management solutions are offered to banks and credit unions.
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| domain | founded_year | HQ Location |
Personal financial management solution
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| domain | founded_year | HQ Location |
Banking software for personal finance insights is developed.
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| domain | founded_year | HQ Location |
Software for wealth and loan life cycle management is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Subaio
Frequently Asked Questions about Subaio
When was Subaio founded?
Subaio was founded in 2016.
Where is Subaio located?
Subaio is headquartered in Aalborg, Denmark.
Who is the current CEO of Subaio?
Thomas Laursen is the current CEO of Subaio. They have also founded this company.
Is Subaio a funded company?
Subaio is a funded company, having raised a total of $5.25M across 4 funding rounds to date.
How many employees does Subaio have?
As of Dec 31, 2022, the latest employee count at Subaio is 39.
What does Subaio do?
Subaio was established in 2016 in Aalborg, Denmark, within the fintech sector. A white-label platform is delivered to retail banks, allowing customer access to subscription overviews, recurring bill tracking, alerts on new charges, and tools for canceling unnecessary subscriptions. Operations focus on integrating these features seamlessly into banking services, supporting efficient management of consumer financial commitments across European markets.
Who are the top competitors of Subaio?
Subaio's top competitors include Meniga, Constellation and FinGoal.
What products or services does Subaio offer?
Subaio offers Identify, Cancel, Sell, and Predict.
Who are Subaio's investors?
Subaio has 3 investors. Key investors include Mastercard, Nordea, and Global PayTech Ventures.
What is Subaio's valuation?
The valuation of Subaio is $24.05M as of Feb 2021.
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