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
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Twinner Gmbh
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Annual Revenue
$903.63 K (USD)0as on Dec 31, 2018
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Net Profit
$-17.07 M (USD)-26as on Dec 31, 2021
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EBITDA
$-17.07 M (USD)-26as on Dec 31, 2021
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Total Equity Funding
$47.62 M (USD)
in 2 rounds
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Latest Funding Round
$47.62 M (USD), Series B
Jun 30, 2021
- Investors
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $47.6M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - Twinner | Valuation |
investors |
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| Apr, 2019 | Amount | Seed - Twinner | Valuation | Bmp Ventures |
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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 Twinner
Twinner has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include bmp 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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Venture capital is provided to early-stage and growth startups.
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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 Twinner
| 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 - Twinner
| 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 |
Twinner Comparisons
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. 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 AI-based vehicle inspection solutions for insurers and the automotive industry
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| domain | founded_year | HQ Location |
Cloud-based inspections are delivered for automotive repair diagnostics.
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| domain | founded_year | HQ Location |
AI-powered platform for predictive fleet maintenance and management is provided.
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| domain | founded_year | HQ Location |
3D image processing technology is developed for consumer applications.
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| domain | founded_year | HQ Location |
Autonomous AI vision solutions are provided for inspection and optimization.
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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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Latest news on Twinner
Frequently Asked Questions about Twinner
When was Twinner founded?
Twinner was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Twinner located?
Twinner is headquartered in Halle, Germany. It is registered at Halle, Sachsen-anhalt, Germany.
Who is the current CEO of Twinner?
Silvan Cloud Rath is the current CEO of Twinner.
Is Twinner a funded company?
Twinner is a funded company, having raised a total of $47.62M across 2 funding rounds to date.
How many employees does Twinner have?
As of Dec 31, 2021, the latest employee count at Twinner is 72.
What is the annual revenue of Twinner?
Annual revenue of Twinner is $903.63K as on Dec 31, 2018.
What does Twinner do?
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.
Who are the top competitors of Twinner?
Who are Twinner's investors?
Twinner has 1 investor. Key investors include bmp Ventures.
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