About Texelio
Texelio is a company based in Stockholm (Sweden) founded in 2019 by Jin Yan Tan and Meysam Sadegh.. Texelio has raised $637.89 thousand across 1 funding round from investors including TrueSight Ventures, Wellstreet and Fredrik Posse. Texelio operates in a competitive market with competitors including SESAMm, Sense Street, OneLine AI, Kwantx and Neuraloo, among others.
- Headquarter Stockholm, Sweden
- Founders Jin Yan Tan, Meysam Sadegh
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Sectors
Financial ServicesTechnology
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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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Total Equity Funding
$637.89 K (USD)
in 1 rounds
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Latest Funding Round
$637.89 K (USD), Seed
Oct 20, 2021
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Investors
TrueSight Ventures
& 3 more
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Employee Count
Employee Count
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Funding Insights of Texelio
Texelio has successfully raised a total of $637.89K through 1 strategic funding round. The most recent funding activity was a Seed round of $637.89 thousand completed in October 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 1
- Last Round Seed — $637,890
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First Round
First Round
(20 Oct 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Seed - Texelio | Valuation | TrueSight Ventures , Wellstreet |
| 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 Texelio
Texelio has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include TrueSight Ventures, Wellstreet and Fredrik Posse. 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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Seed-stage technology startups are invested in by TrueSight Ventures.
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Founded Year | Domain | Location | |
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Wellstreet is engaged in early stage investments in Nordic tech startups.
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Founded Year | Domain | Location | |
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FP
Fredrik Posse |
Angel investor in Indian startups, ex-Google, focused on tech and innovation
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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 Texelio
| 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 - Texelio
| 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 |
Texelio Comparisons
Competitors of Texelio
Texelio 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 SESAMm, Sense Street, OneLine AI, Kwantx and Neuraloo, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online AI-enabled platform offering NLP-based information extraction solution via API
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AI platform for extracting information from complex conversations using NLP.
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An NLP-based platform for equity analytics tailored to investment advisors.
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| domain | founded_year | HQ Location |
Delivers an AI-powered platform for information extraction and investment strategies.
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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 Texelio
When was Texelio founded?
Texelio was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Texelio located?
Texelio is headquartered in Stockholm, Sweden.
Who is the current CEO of Texelio?
Meysam Sadegh is the current CEO of Texelio. They have also founded this company.
Is Texelio a funded company?
Texelio is a funded company, having raised a total of $637.89K across 1 funding round to date. The company's 1st funding round was a Seed of $637.89K, raised on Oct 20, 2021.
What does Texelio do?
NLP model-based platform providing financial news solutions for finance and investment platforms. It enables brokerage firms customized portfolio news experiences for their users and offers insights to the platform to optimize engagement and earnings per customer.
Who are the top competitors of Texelio?
Texelio's top competitors include SESAMm, Sense Street and OneLine AI.
Who are Texelio's investors?
Texelio has 4 investors. Key investors include TrueSight Ventures, Wellstreet, Fredrik Posse, and Fredrik Mansson.