About Voovo
Voovo is a company based in Solymar (Hungary) founded in 2022 by Benedek Herman. It operates as a SaaS (Software-as-a-Service), Subscription Services, and EduTech. Voovo has raised $572.87 thousand across 2 funding rounds from investors including Techstars, Peter Csillag and STRT Holding. Voovo offers products and services including Voovo Classroom and Voovo Flashcards. Voovo operates in a competitive market with competitors including StudySmarter, Gizmo, Classcard, Kjuicer and FlashPrep, among others.
- Headquarter Solymar, Hungary
- Founders Benedek Herman
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Sectors
Education
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$572.87 K (USD)
in 2 rounds
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Latest Funding Round
$552.87 K (USD), Seed
Oct 03, 2024
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Investors
Techstars
& 3 more
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Employee Count
Employee Count
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Products & Services of Voovo
Voovo offers a comprehensive portfolio of products and services, including Voovo Classroom and Voovo Flashcards. 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.
Personalized learning platform integrating repetition into curriculum.
Digital flashcards for efficient active recall learning.
Funding Insights of Voovo
Voovo has successfully raised a total of $572.87K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $552.87 thousand completed in October 2024. 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 — $552,865
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First Round
First Round
(01 Jun 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Voovo | Valuation | Techstars | |
| Jun, 2024 | Amount | Seed - Voovo | Valuation | Techstars |
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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 Voovo
Voovo has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Techstars, Peter Csillag and STRT Holding. 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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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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STRT Holding is engaged in investment and education in Central Europe.
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Founded Year | Domain | Location | |
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Venture capital and studio services are provided for 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 Voovo
| 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 - Voovo
| 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 |
Voovo Comparisons
Competitors of Voovo
Voovo 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 StudySmarter, Gizmo, Classcard, Kjuicer and FlashPrep, 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 |
Mobile-based learning app for students
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| domain | founded_year | HQ Location |
Gizmo is focused on providing AI-driven educational tools.
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| domain | founded_year | HQ Location |
Mobile-based learning resources for K-12
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| domain | founded_year | HQ Location |
Reading tools for students, teachers, and publishers are provided.
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| domain | founded_year | HQ Location |
School-curriculum learning solutions are delivered through a mobile platform.
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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 Voovo
When was Voovo founded?
Voovo was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Voovo located?
Voovo is headquartered in Solymar, Hungary. It is registered at Solymar, Pest, Hungary.
Who is the current CEO of Voovo?
Benedek Herman is the current CEO of Voovo. They have also founded this company.
Is Voovo a funded company?
Voovo is a funded company, having raised a total of $572.87K across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2024.
What does Voovo do?
Voovo is engaged in transforming education through personalized learning solutions. The company offers platforms like Voovo Classroom and Voovo Flashcards, focusing on integrating active recall and spaced repetition into daily study routines. Services are tailored for students and educators across various academic institutions, primarily in Europe and expanding to the US through pilot programs. Solutions are designed to enhance retention, improve grades, and support academic success by leveraging adaptive algorithms and data-driven insights. The education sector is the main focus, with an emphasis on long-term memory retention and student engagement.
Who are the top competitors of Voovo?
Voovo's top competitors include StudySmarter, Classcard and Gizmo.
What products or services does Voovo offer?
Voovo offers Voovo Classroom and Voovo Flashcards.
Who are Voovo's investors?
Voovo has 4 investors. Key investors include Techstars, Peter Csillag, STRT Holding, and Obuda Uni Venture Capital.