Twinner

Halle, Germany Founded: 2017 • Age: 9 yrs
Provider of a cloud-driven merchandising solution for the automotive industry
Annual revenue $903,628 Latest available
Total funding $47.6M 2 rounds
Employees 72 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Twinner

Twinner is a company based in Halle (Germany) founded in 2017 by Jozsef Bugovics. Twinner has raised $47.62 million across 2 funding rounds from investors including bmp Ventures. The company has 72 employees as of December 31, 2021. Twinner operates in a competitive market with competitors including Tractable, asTech, Intangles, Fyusion and Jidoka, among others.

  • Headquarter Halle, Germany
  • Employees 72 as on 31 Dec, 2021
  • Founders Jozsef Bugovics
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Twinner Gmbh
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $903.63 K (USD)
    0
    as on Dec 31, 2018
  • Net Profit
    -$17.07 M (USD)
    -26
    as on Dec 31, 2021
  • EBITDA
    -$17.07 M (USD)
    -26
    as on Dec 31, 2021
  • Total Equity Funding
    $47.62 M (USD)

    in 2 rounds

  • Latest Funding Round
    $47.62 M (USD), Series B

    Jun 30, 2021

  • Investors
  • Employee Count
    72

    as on Dec 31, 2021

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Funding Insights of Twinner

Twinner has successfully raised a total of $47.62M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $47.62 million completed in June 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.

Investors in Twinner

Twinner has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include bmp Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital is provided to early-stage and growth startups.
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Investments & Acquisitions by Twinner

Investments
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Investment portfolio details for Twinner

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Financial Statements - Twinner

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Twinner Comparisons

Twinner Primary company
Description
Provider of a cloud-driven merchandising solution for the au...
Location
Halle, Germany
Founded Year
2017
Annual Revenue
$903.63 K (USD)
Net Profit
-$17.07 M (USD)
EBITDA
-$17.07 M (USD)
Employees
72
As of 2021
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Peer comparison for Twinner

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Competitors of Twinner

Twinner 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 Tractable, asTech, Intangles, Fyusion and Jidoka, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of AI-based vehicle inspection solutions for insurers and the automotive industry
Locked Locked Locked
Cloud-based inspections are delivered for automotive repair diagnostics.
Locked Locked Locked
AI-powered platform for predictive fleet maintenance and management is provided.
Locked Locked Locked
3D image processing technology is developed for consumer applications.
Locked Locked Locked
Autonomous AI vision solutions are provided for inspection and optimization.
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Detailed competitors of Twinner

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Latest news on Twinner

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Complete news archive for Twinner

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Frequently Asked Questions about Twinner

Twinner was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Twinner is headquartered in Halle, Germany. It is registered at Halle, Sachsen-anhalt, Germany.

Silvan Cloud Rath is the current CEO of Twinner.

Twinner is a funded company, having raised a total of $47.62M across 2 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Twinner is 72.

Annual revenue of Twinner is $903.63K as on Dec 31, 2018.

Twinner was founded in 2017 in Halle, Germany, as a provider of cloud-based merchandising tools for the automotive industry. Services include digital twin technology for 3D vehicle screening on sales platforms, along with a 360-degree scanning system that detects defects and generates 3D models. These models are uploaded to various sales channels for auto dealers, manufacturers, and fleet operators. Operations focus on enhancing vehicle presentation across digital marketplaces.

Twinner's top competitors include Intangles, Tractable and Jidoka.

Twinner has 1 investor. Key investors include bmp Ventures.

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