About Virta UM
Virta UM is a company based in Helsinki (Finland) founded in 2008 was acquired by IPG Mediabrands in April 2017. It operates as a Professional Services. Virta UM offers products and services including Media Agency Services and Digital Marketing Solutions. Virta UM operates in a competitive market with competitors including Townsquare Media, AKQA, Prophet, Tinuiti and Advantage Solutions, among others.
- Headquarter Helsinki, Finland
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Sectors
Business Services
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Phone
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Website
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Social
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- Legal Name Ipg Mediabrands Finland Oy
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
IPG Mediabrands
(Apr 06, 2017)
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Products & Services of Virta UM
Virta UM offers a comprehensive portfolio of products and services, including Media Agency Services and Digital Marketing Solutions. 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.
Comprehensive media planning and strategy services are provided.
Digital content and channel planning are expertly managed.
Funding Insights of Virta UM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Virta UM
Virta UM has secured backing from 1 investor. Prominent investors backing the company include IPG Mediabrands. 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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Digital marketing, branding, advertising, and SMM services are provided globally.
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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 Virta UM
| 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 - Virta UM
| 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 |
Virta Um Comparisons
Competitors of Virta UM
Virta UM 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 Townsquare Media, AKQA, Prophet, Tinuiti and Advantage Solutions, 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 |
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| domain | founded_year | HQ Location |
Media Company focused on radio broadcasting, live events, marketing solutions
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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Brand and marketing consulting solutions provider
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| domain | founded_year | HQ Location |
Digital marketing services including paid search and e-commerce are provided.
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| domain | founded_year | HQ Location |
Consumer packaged goods sales and digital marketing services are provided.
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| domain | founded_year | HQ Location |
Advertising and marketing services are delivered globally by Interpublic.
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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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Frequently Asked Questions about Virta UM
When was Virta UM founded?
Virta UM was founded in 2008.
Where is Virta UM located?
Virta UM is headquartered in Helsinki, Finland.
Who is the current CEO of Virta UM?
Mika Hayrinen is the current CEO of Virta UM.
What does Virta UM do?
Virta UM, established in 2008, is operated as a digital-era media agency based in Helsinki, Finland. The company is integrated into IPG Mediabrands Finland, focusing on media planning, digital marketing, and content strategy. Services are provided across traditional and digital channels, supporting clients with customer insights, data, and creativity. Growth sources are identified for clients, and marketing ecosystems are harnessed in real-time to drive business success. The agency operates within a global network managing significant media investments across 130 countries.
Who are the top competitors of Virta UM?
Virta UM's top competitors include S⁴Capital, Townsquare Media and Tinuiti.
What products or services does Virta UM offer?
Virta UM offers Media Agency Services and Digital Marketing Solutions.
Who are Virta UM's investors?
Virta UM has 1 investor. Key investors include IPG Mediabrands.