About VADATEK
VADATEK is a company based in Richmond (United States) founded in 2016 by Daniel Digby.. VADATEK has raised $520 thousand across 2 funding rounds. VADATEK offers products and services including Syntax 2.0 Boots & Bindings, Kite Boots & Bindings, and Apparel & Stickers. VADATEK operates in a competitive market with competitors including BOTE, Jimmy Styks, Epic Kites, TS Surf Shop and Pushfins, among others.
- Headquarter Richmond, United States
- Founders Daniel Digby
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Vadatek, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$520 K (USD)
in 2 rounds
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Latest Funding Round
$200 K (USD), Seed
Jun 15, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of VADATEK
VADATEK offers a comprehensive portfolio of products and services, including Syntax 2.0 Boots & Bindings, Kite Boots & Bindings, and Apparel & Stickers. 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.
Step-in boots and bindings designed for wakeboarding by riders.
Step-in system specifically for kiteboarding enthusiasts.
Clothing and accessories for water sports fans.
Funding Insights of VADATEK
VADATEK has successfully raised a total of $520K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in June 2020. 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 — $200,000
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First Round
First Round
(28 Jul 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - VADATEK | Valuation |
investors |
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| Jul, 2017 | Amount | Seed - VADATEK | 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 |
Investments & Acquisitions by VADATEK
| 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 - VADATEK
| 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 |
Vadatek Comparisons
Competitors of VADATEK
VADATEK 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 BOTE, Jimmy Styks, Epic Kites, TS Surf Shop and Pushfins, 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 |
Fishing and boating equipment is supplied by BOTE.
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| domain | founded_year | HQ Location |
Online retailer of stand-up paddleboards, kayaks, and water sports gear.
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| domain | founded_year | HQ Location |
Designs and sells kiteboarding equipment directly to consumers.
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| domain | founded_year | HQ Location |
Sells surf helmets and boardshorts online to global surfers.
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| domain | founded_year | HQ Location |
A private label brand specializing in recycled surfboard fins.
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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 VADATEK
When was VADATEK founded?
VADATEK was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is VADATEK located?
VADATEK is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
Who is the current CEO of VADATEK?
Daniel Digby is the current CEO of VADATEK. They have also founded this company.
Is VADATEK a funded company?
VADATEK is a funded company, having raised a total of $520K across 2 funding rounds to date. The company's 1st funding round was a Seed of $320K, raised on Jul 28, 2017.
What does VADATEK do?
Vadatek is a private label brand of water sports accessories. The products offered are boots and binding setup for kiteboarding, wakeboarding, cable park riding and other watersports. They also stock t-shirts, caps and stickers. The bindings have features like aluminum-extruded heel cradle, molded heel locks, nylon-injected frame with glass-fill reinforcement and Groundworx TPE primer pedal toe-lift panel. The syntax boots they manufacture have features like dual density heel footbed, vulcanized rubber tread and tongue compression panels.
Who are the top competitors of VADATEK?
VADATEK's top competitors include BOTE, Jimmy Styks and Epic Kites.
What products or services does VADATEK offer?
VADATEK offers Syntax 2.0 Boots & Bindings, Kite Boots & Bindings, and Apparel & Stickers.