About Umbrage
Umbrage is a company based in Houston (United States) founded in 2019 was acquired by Bain & Company in February 2023.. Umbrage has raised $2 million across 1 funding round from investors including Bain & Company and Rice Investment Group. Umbrage offers products and services including Product Definition Service, Product Development, and Product Industrialization. Umbrage operates in a competitive market with competitors including AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.
- Headquarter Houston, United States
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Sectors
Technology
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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
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Mar 23, 2021
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Investors
Bain & Company
& 1 more
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Employee Count
Employee Count
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Acquired by
Bain & Company
(Feb 01, 2023)
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Products & Services of Umbrage
Umbrage offers a comprehensive portfolio of products and services, including Product Definition Service, Product Development, and Product Industrialization. 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.
Defines product vision and requirements for businesses
Agile building of digital products using AI technology
Supports product growth and knowledge transfer post-launch
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Funding Insights of Umbrage
Umbrage has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in March 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 — $2.0M
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First Round
First Round
(23 Mar 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Umbrage | Valuation | Rice Investment Group |
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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 Umbrage
Umbrage has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Bain & Company and Rice Investment Group. 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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Investments are made in energy sector companies by Rice Investment Group.
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Founded Year | Domain | Location | |
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Management consulting and digital transformation services are offered globally.
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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 Umbrage
| 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 - Umbrage
| 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 |
Umbrage Comparisons
Competitors of Umbrage
Umbrage 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 AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, 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 |
Integrated digital marketing campaigns are developed and executed across channels.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Mobile apps and IoT solutions are developed across platforms.
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Offshore enterprise application development and IT consulting services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Umbrage
Frequently Asked Questions about Umbrage
When was Umbrage founded?
Umbrage was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Umbrage located?
Umbrage is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Is Umbrage a funded company?
Umbrage is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Mar 23, 2021.
What does Umbrage do?
Umbrage was founded in 2019 and is headquartered in Houston, United States. Operations are centered on the technology sector, where a range of application development services is delivered. These services encompass custom software solutions and related support, accessible via the domain umbrage.com. The company maintains a focus on diversified projects within the software development industry, serving clients primarily from its U.S. base.
Who are the top competitors of Umbrage?
Umbrage's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Umbrage offer?
Umbrage offers Product Definition Service, Product Development, and Product Industrialization.
Who are Umbrage's investors?
Umbrage has 2 investors. Key investors include Bain & Company, and Rice Investment Group.
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