About Vitt
Vitt is a company based in London (United Kingdom) founded in 2021 by Saket Kumar and Gregory Janik.. Vitt has raised $16.09 million across 3 funding rounds from investors including Speedinvest, Better Tomorrow Ventures and Village Global. The company has 4 employees as of April 30, 2022.
- Headquarter London, United Kingdom
- Employees 4 as on 30 Apr, 2022
- Founders Saket Kumar, Gregory Janik
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rail Technologies Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.09 M (USD)
in 3 rounds
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Latest Funding Round
$1.09 M (USD), Seed
Dec 19, 2023
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Investors
Speedinvest
& 8 more
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Employee Count
4
as on Apr 30, 2022
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Funding Insights of Vitt
Vitt has successfully raised a total of $16.09M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.09 million completed in December 2023. 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 3
- Last Round Seed — $1.1M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Vitt | Valuation | Better Tomorrow Ventures , Speedinvest |
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| Jan, 2022 | Amount | Debt – Conventional - Vitt | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - Vitt | Valuation | Better Tomorrow Ventures , Speedinvest |
| 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 Vitt
Vitt has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Speedinvest, Better Tomorrow Ventures and Village Global. 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-stage investments in fintech, vertical SaaS, and marketplaces are targeted.
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Founded Year | Domain | Location | |
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Early-stage venture capital and startup acceleration are provided.
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Founded Year | Domain | Location | |
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Early-stage venture capital investing, network building, and founder support 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 Vitt
| 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 - Vitt
| 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 |
Vitt Comparisons
Competitors of Vitt
| 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 Vitt
Frequently Asked Questions about Vitt
When was Vitt founded?
Vitt was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Vitt located?
Vitt is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Vitt?
Saket Kumar is the current CEO of Vitt. They have also founded this company.
Is Vitt a funded company?
Vitt is a funded company, having raised a total of $16.09M across 3 funding rounds to date.
How many employees does Vitt have?
As of Apr 30, 2022, the latest employee count at Vitt is 4.
What does Vitt do?
Vitt was founded in 2021 in London, United Kingdom, as a fintech company specializing in revenue-based financing. A SaaS platform is offered to enable businesses to access funding by leveraging recurring revenue as collateral. User details are submitted, and billing systems are integrated for evaluation. Credit limits are assessed based on profiles, with approved funds disbursed to linked bank accounts. Operations focus on streamlined financing for SaaS entities.
Who are Vitt's investors?
Vitt has 9 investors. Key investors include Speedinvest, Better Tomorrow Ventures, Village Global, Entrepreneur First, and Charles Delingpole.