About UseHero
UseHero is a company based in London (United Kingdom) founded in 2015 by Adam Levene was acquired by Bambuser in April 2024.. UseHero has raised $10 million across 1 funding round from investors including Klarna, Bambuser and Innovation Global Capital. The company has 61 employees as of December 31, 2021. UseHero operates in a competitive market with competitors including eGain, Salesfloor, Proximty Insight, Gingr and Messagenius, among others.
- Headquarter London, United Kingdom
- Employees 61 as on 31 Dec, 2021
- Founders Adam Levene
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Sectors
Retail
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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 Hero Towers Limited
- Date of Incorporation 01 May, 2015
- Jurisdiction LONDON, ENGLAND
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Funding Insights of UseHero
UseHero has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in August 2019. 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 Series A — $10.0M
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First Round
First Round
(01 Aug 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Series A - UseHero | Valuation | S28 Capital |
| 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 |
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Investors in UseHero
UseHero has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Klarna, Bambuser and Innovation Global Capital. 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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Innovation Global Capital is engaged in technology and healthcare investments.
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Founded Year | Domain | Location | |
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Investments are directed toward early-stage B2B software and tech companies.
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Founded Year | Domain | Location | |
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Startup launcher studio investing primarily in the US and Asia
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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 UseHero
| 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 - UseHero
| 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 |
Usehero Comparisons
Competitors of UseHero
UseHero 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 eGain, Salesfloor, Proximty Insight, Gingr and Messagenius, 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 |
SaaS-based customer management software solutions are offered for retail businesses.
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| domain | founded_year | HQ Location |
Clienteling tools are provided for in-store businesses through mobile platforms.
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| domain | founded_year | HQ Location |
In-store clienteling strategies are delivered via real-time customer data tools.
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| domain | founded_year | HQ Location |
Sells fresh ginger shots online with local delivery in Graubünden.
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| domain | founded_year | HQ Location |
Enterprise messaging solutions are provided for team communication and productivity.
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| domain | founded_year | HQ Location |
Personalized client communication platform for retailers is 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 Usehero
Frequently Asked Questions about UseHero
When was UseHero founded?
UseHero was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is UseHero located?
UseHero is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of UseHero?
Adam Levene is the current CEO of UseHero. They have also founded this company.
Is UseHero a funded company?
UseHero is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Aug 01, 2019.
How many employees does UseHero have?
As of Dec 31, 2021, the latest employee count at UseHero is 61.
What does UseHero do?
Hero was founded in 2015 and is based in London, United Kingdom. The platform operates as a mobile app enabling users to communicate with local businesses for on-demand bookings, including appointments, food delivery, and movie tickets. A partnership with Made.com was established in February 2016, providing expert recommendations for user needs. The service focuses on connecting users with nearby providers in the local services sector.
Who are the top competitors of UseHero?
UseHero's top competitors include eGain, Salesfloor and Proximty Insight.
Who are UseHero's investors?
UseHero has 8 investors. Key investors include Klarna, Bambuser, Innovation Global Capital, S28 Capital, and Vectr Ventures.
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