About Vaamo
Vaamo is a company based in Frankfurt Am Main (Germany) founded in 2013 was acquired by Moneyfarm in November 2018.. Vaamo has raised $3.84 million across 2 funding rounds from investors including Moneyfarm and Route 66 Ventures. The company has 50 employees as of December 31, 2021. Vaamo offers products and services including Online-Rechner, Articles and Guides, and Podcasts and Videos. Vaamo operates in a competitive market with competitors including LIQID, TARGOBANK, Ginmon, aixigo and Vantik, among others.
- Headquarter Frankfurt Am Main, Germany
- Employees 50 as on 31 Dec, 2021
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of Vaamo
Vaamo offers a comprehensive portfolio of products and services, including Online-Rechner, Articles and Guides, and Podcasts and Videos. 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.
Calculators for retirement and working hours calculations.
In-depth explanations on ETFs and financial investments.
Audio and visual content on finance topics.
Funding Insights of Vaamo
Vaamo has successfully raised a total of $3.84M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.2 million completed in October 2014. 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 Seed — $3.2M
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First Round
First Round
(01 Jun 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Seed - Vaamo | Valuation |
investors |
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| Jun, 2013 | Amount | Angel Round - Vaamo | Valuation |
investors |
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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 Vaamo
Vaamo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Moneyfarm and Route 66 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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Early, growth & late stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Platform for investment planning & advisory services
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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 Vaamo
| 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 - Vaamo
| 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 |
Vaamo Comparisons
Competitors of Vaamo
Vaamo 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 LIQID, TARGOBANK, Ginmon, aixigo and Vantik, 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 |
Digital wealth management for individual private equity investments is provided.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Optimized ETF portfolios are built and managed automatically.
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| domain | founded_year | HQ Location |
Automated wealth management platform
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| domain | founded_year | HQ Location |
Retirement planning is enabled via a robo-advisory platform.
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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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Frequently Asked Questions about Vaamo
When was Vaamo founded?
Vaamo was founded in 2013.
Where is Vaamo located?
Vaamo is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.
Is Vaamo a funded company?
Vaamo is a funded company, having raised a total of $3.84M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $635K, raised on Jun 01, 2013.
How many employees does Vaamo have?
As of Dec 31, 2021, the latest employee count at Vaamo is 50.
What does Vaamo do?
Vaamo is an online platform for automated investment. Customers can set up personal financial goals (e.g. retirement, new home), and define for each goal the amount they want to save, by when and how much, and the risk they are willing to take. The platform opens a securities account with their partner bank FFB. Depending on the risk appetite of the investor, the platform invests the money in equities and bonds. Gives ER of 4 - 6 p.a, depending on the risk preference. Service charge is a function of investment amount and ranges from .49 to 0.99 p.a.
What products or services does Vaamo offer?
Vaamo offers Online-Rechner, Articles and Guides, and Podcasts and Videos.
Who are Vaamo's investors?
Vaamo has 2 investors. Key investors include Moneyfarm, and Route 66 Ventures.