About Sumo Group plc
Sumo Group plc is a company based in Sheffield (United Kingdom) founded in 2017 by Paul Porter and Darren R Mills was acquired by Tencent in July 2021.. Sumo Group plc has completed 7 acquisitions, including Auroch Digital, Lab42 and Lab42 Games.
- Headquarter Sheffield, United Kingdom
- Founders Paul Porter, Darren R Mills
- Stage Public
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$17.25 M (USD), Post-IPO
Jul 16, 2020
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Auroch Digital
& 6 more
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Acquired by
Tencent
(Jul 19, 2021)
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Leadership Team
12 people
Software Development Team
8 people
Sales and Marketing
3 people
Creative and Marketing Team
2 people
Product Management Team
2 people
Finance and Accounting
2 people
Human Resources and Administration
2 people
Co Team
1 people
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Funding Insights of Sumo Group plc
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $17.3M
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First Round
First Round
(16 Jul 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Post-IPO - Sumo Group plc | Valuation |
investors |
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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 Sumo Group plc
Sumo Group plc has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tencent. 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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Value-added internet, mobile, and telecom services are provided in China.
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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 Sumo Group plc
Sumo Group plc has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Auroch Digital, Lab42 and Lab42 Games. 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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PC & Console game development services provider
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2020 | ||||
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Lab42 Games is recognized as a cross-platform game developer.
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2015 | ||||
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Multiplayer racing and adventure games are developed independently.
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2012 |
| 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 - Sumo Group plc
| 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 |
Sumo Group Plc Comparisons
Competitors of Sumo Group plc
| 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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Frequently Asked Questions about Sumo Group plc
When was Sumo Group plc founded?
Sumo Group plc was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Sumo Group plc located?
Sumo Group plc is headquartered in Sheffield, United Kingdom. It is registered at Sheffield, England, United Kingdom.
What does Sumo Group plc do?
Sumo Group plc was founded in 2017 in Sheffield, United Kingdom, as an independent entity focused on video game development. Operations center on creating high-quality AAA-rated titles for various platforms. Services encompass full-cycle game production, including design, programming, and publishing support. The company maintains studios in the UK, with a team led by co-founders Paul Porter and Darren R Mills, serving global markets in the interactive entertainment sector.
How many acquisitions has Sumo Group plc made?
Sumo Group plc has made 7 acquisitions, including Auroch Digital, Lab42, and Lab42 Games.
Who are Sumo Group plc's investors?
Sumo Group plc has 1 investor. Key investors include Tencent.
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