About Vev
Vev is a company based in Oslo (Norway) founded in 2017 by Fredrik Evjen Ekli and Tine Karlsen. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Vev has raised $6.61 million across 2 funding rounds from investors including EQT Ventures, Sagene Tech Ventures and Skyfall Ventures. Vev has completed 1 acquisition, including Time. Vev offers products and services including Vev Visual Builder, Hosting Solutions, and Developer Tools. Vev operates in a competitive market with competitors including Webflow, Squarespace, Weebly, Wix and Webs, among others.
- Headquarter Oslo, Norway
- Founders Fredrik Evjen Ekli, Tine Karlsen
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Sectors
TechnologyMedia & Entertainment
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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 Verdensvev As
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.61 M (USD)
in 2 rounds
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Latest Funding Round
$6.11 M (USD), Seed
May 27, 2021
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Investors
EQT Ventures
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Vev
Vev offers a comprehensive portfolio of products and services, including Vev Visual Builder, Hosting Solutions, and Developer Tools. 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.
Interactive content is created using Vev's visual tools.
Hosting solutions are provided for seamless tech integration.
Custom coding is supported with Vev's developer tools.
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Funding Insights of Vev
Vev has successfully raised a total of $6.61M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6.11 million completed in May 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 2
- Last Round Seed — $6.1M
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First Round
First Round
(07 May 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - Vev | Valuation | EQT Ventures | |
| May, 2018 | Amount | Seed - Vev | Valuation | NewMark Capital , Sagene Tech Ventures |
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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 Vev
Vev has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include EQT Ventures, Sagene Tech Ventures and Skyfall 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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Venture capital investments in technology and innovation sectors.
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Founded Year | Domain | Location | |
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A pre-seed venture fund focused on Norwegian B2B SaaS companies.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech startups
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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 Vev
Vev has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Time. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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American weekly news magazine covering global politics and events.
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1923 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vev
| 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 |
Vev Comparisons
Competitors of Vev
Vev 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 Webflow, Squarespace, Weebly, Wix and Webs, 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 |
Cloud based website development platform
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Websites are built using Wix's cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
Provider of cloud based website management solutions
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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 Vev
Frequently Asked Questions about Vev
When was Vev founded?
Vev was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Vev located?
Vev is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Vev?
Tine Karlsen is the current CEO of Vev. They have also founded this company.
Is Vev a funded company?
Vev is a funded company, having raised a total of $6.61M across 2 funding rounds to date. The company's 1st funding round was a Seed of $496.01K, raised on May 07, 2018.
What does Vev do?
Interactive web content is built and published using Vevs no-code visual builder. Solutions are provided for enterprises, agencies, marketers, and publishers to enhance digital storytelling and campaigns. Integration with existing CMS and tech stacks is supported, allowing seamless content delivery. Sectors such as marketing, publishing, and e-commerce are served with tools for design, collaboration, and performance optimization. Scalable hosting and developer tools are also offered to customize and extend functionalities.
Who are the top competitors of Vev?
Vev's top competitors include Webflow, Squarespace and Wix.
What products or services does Vev offer?
Vev offers Vev Visual Builder, Hosting Solutions, and Developer Tools.
How many acquisitions has Vev made?
Vev has made 1 acquisition, including Time.
Who are Vev's investors?
Vev has 4 investors. Key investors include EQT Ventures, Sagene Tech Ventures, Skyfall Ventures, and NewMark Capital.
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