About Waracle
Waracle is a company based in Dundee (United Kingdom) founded in 2007 by Michael Romilly was acquired by Exception in January 2016.. Waracle has raised $6.32 million across 1 funding round from investors including Exception and BGF. The company has 42 employees as of December 31, 2017. Waracle has completed 2 acquisitions, including Mozenix and Screenmedia. Waracle offers products and services including Digital Product Development, Advisory and Innovation, Technology Modernization, and Customer Experience. Waracle operates in a competitive market with competitors including AKQA, Hancom, AlmavivA, Hedgehog lab and Sierra Atlantic, among others.
- Headquarter Dundee, United Kingdom
- Employees 42 as on 31 Dec, 2017
- Founders Michael Romilly
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Waracle Limited
- Date of Incorporation 13 Jun, 2007
- Jurisdiction DUNDEE, SCOTLAND
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Products & Services of Waracle
Waracle offers a comprehensive portfolio of products and services, including Digital Product Development, Advisory and Innovation, Technology Modernization, and Customer Experience. 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.
Researches, designs, and builds high-impact digital products for clients.
Helps prioritize and justify innovation management strategies.
Defines and creates future technology estates for businesses.
Retains and engages users through digital experiences.
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Funding Insights of Waracle
Waracle has successfully raised a total of $6.32M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.32 million completed in December 2019. 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 Series A — $6.3M
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First Round
First Round
(12 Dec 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2019 | Amount | Series A - Waracle | Valuation | BGF |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Waracle
Waracle has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Exception and BGF. 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 & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Founded Year | Domain | Location | |
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Mobile and web app development, managed services and digital consulting service
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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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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 Waracle
Waracle has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mozenix and Screenmedia. 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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Augmented reality app developers for enterprises
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2016 | ||||
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UI/UX design and data analytics services are provided to clients.
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2004 |
| 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 - Waracle
| 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 |
Waracle Comparisons
Competitors of Waracle
Waracle 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 AKQA, Hancom, AlmavivA, Hedgehog lab and Sierra Atlantic, 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 |
Integrated digital marketing campaigns are developed and executed across channels.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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Offshore enterprise application development and IT consulting services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Waracle
Frequently Asked Questions about Waracle
When was Waracle founded?
Waracle was founded in 2007 and raised its 1st funding round 12 years after it was founded.
Where is Waracle located?
Waracle is headquartered in Dundee, United Kingdom. It is registered at Dundee, Scotland, United Kingdom.
Who is the current CEO of Waracle?
Chris Martin is the current CEO of Waracle.
Is Waracle a funded company?
Waracle is a funded company, having raised a total of $6.32M across 1 funding round to date. The company's 1st funding round was a Series A of $6.32M, raised on Dec 12, 2019.
How many employees does Waracle have?
As of Dec 31, 2017, the latest employee count at Waracle is 42.
What does Waracle do?
Waracle was founded in 2007 and is based in Dundee, United Kingdom. Mobile applications are designed, built, and managed for iOS, Android, Windows, and HTML5 platforms. Services encompass IoT projects, agile development teams, app optimization, and digital consulting. Developments are created for clients in fintech, digital health, and energy sectors, including Peak Scientific, Clydesdale Bank, ScotRail, and ScottishPower.
Who are the top competitors of Waracle?
Waracle's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Waracle offer?
Waracle offers Digital Product Development, Advisory and Innovation, Technology Modernization, and Customer Experience.
How many acquisitions has Waracle made?
Waracle has made 2 acquisitions, including Mozenix, and Screenmedia.
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