About Tusass
Tusass is a company based in Nuuk (Greenland) founded in 2002.. Tusass offers products and services including Mobile Internet, Track & Trace, and eSIM Services. Tusass operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and Optus, among others.
- Headquarter Nuuk, Greenland
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Tusass A/S
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$3.72 M (USD), Grant
Jan 01, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Tusass
Tusass offers a comprehensive portfolio of products and services, including Mobile Internet, Track & Trace, and eSIM Services. 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.
Provides data plans for mobile internet access
Enables monitoring of ports and shipments
Offers digital SIM for mobile connectivity
Funding Insights of Tusass
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $3.7M
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First Round
First Round
(01 Dec 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Grant - Tusass | Valuation |
investors |
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| Dec, 2022 | Amount | Grant - Tusass | 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 Tusass
Tusass has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Tusass
| 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 - Tusass
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tusass Comparisons
Competitors of Tusass
Tusass 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 Jio, MTN, Airtel, Proximus Group and Optus, 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 |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Telephony, internet, television, and network-based ICT services are provided.
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Mobile internet, TV, and telecommunication services are provided.
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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 Tusass
Frequently Asked Questions about Tusass
When was Tusass founded?
Tusass was founded in 2002 and raised its 1st funding round 20 years after it was founded.
Where is Tusass located?
Tusass is headquartered in Nuuk, Greenland.
What does Tusass do?
Tusass was established in 2002 and is headquartered in Nuuk, Greenland. Operations are focused on the telecommunications sector, where internet access, VoIP solutions, and telephony services are delivered to both individual customers and business entities. Coverage extends across Greenland, supporting connectivity needs in remote areas through wired and wireless infrastructure. The company maintains a domain at tusass.gl for its online presence.
Who are the top competitors of Tusass?
Tusass's top competitors include MTN, Proximus Group and AT&T.
What products or services does Tusass offer?
Tusass offers Mobile Internet, Track & Trace, and eSIM Services.
Who are Tusass's investors?
Tusass has 1 investor. Key investors include European Union.