About Vermut
Vermut is a company based in Barcelona (Spain) founded in 2020 by Enric Duran.. Vermut has raised $1.48 million across 1 funding round from investors including Calm/Storm, BITKRAFT and Gaingels. Vermut offers products and services including Vermut App and Subscription Plans. Vermut operates in a competitive market with competitors including GenWise, LifeLoop, Samarth, Freebird Club and Klup, among others.
- Headquarter Barcelona, Spain
- Founders Enric Duran
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vermut Senior Community Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.48 M (USD)
in 1 rounds
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Latest Funding Round
$1.48 M (USD), Seed
Oct 24, 2022
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Investors
Calm/Storm
& 3 more
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Employee Count
Employee Count
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Products & Services of Vermut
Vermut offers a comprehensive portfolio of products and services, including Vermut App and Subscription Plans. 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.
App for seniors to connect, find activities, and join communities.
Plans offering discounts and unlimited access to activities.
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Funding Insights of Vermut
Vermut has successfully raised a total of $1.48M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.48 million completed in October 2022. 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 — $1.5M
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First Round
First Round
(24 Oct 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Vermut | Valuation | BITKRAFT Ventures |
| 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 Vermut
Vermut has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Calm/Storm, BITKRAFT and Gaingels. 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 investments in gaming, Web3, and AI technologies.
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Founded Year | Domain | Location | |
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Venture capital investing with a focus on diversity and inclusion in the ecosystem.
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Founded Year | Domain | Location | |
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Early-stage tech investments are made in US-based companies.
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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 Vermut
| 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 - Vermut
| 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 |
Vermut Comparisons
Competitors of Vermut
Vermut 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 GenWise, LifeLoop, Samarth, Freebird Club and Klup, 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 a platform offering social engagement and support for elders
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| domain | founded_year | HQ Location |
Senior living software platform is provided to enhance resident experiences.
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| domain | founded_year | HQ Location |
Eldercare services, community support, and tailored care plans are offered.
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| domain | founded_year | HQ Location |
Social travel and homestay connections are facilitated for senior citizens.
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| domain | founded_year | HQ Location |
Online social platform for elderly people
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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 Vermut
Frequently Asked Questions about Vermut
When was Vermut founded?
Vermut was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Vermut located?
Vermut is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Is Vermut a funded company?
Vermut is a funded company, having raised a total of $1.48M across 1 funding round to date. The company's 1st funding round was a Seed of $1.48M, raised on Oct 24, 2022.
What does Vermut do?
Vermut was founded in 2020 in Barcelona, Spain, as a social platform targeted at senior citizens. Local activities of interest, such as walks, technology sessions, and workshops, are identified and joined by users through the mobile application. Operations focus on community engagement in the social technology sector. The platform is accessible on both Android and iOS devices.
Who are the top competitors of Vermut?
What products or services does Vermut offer?
Vermut offers Vermut App and Subscription Plans.
Who are Vermut's investors?
Vermut has 4 investors. Key investors include Calm/Storm, BITKRAFT, Gaingels, and Service Provider Capital.