Waracle

Dundee, United Kingdom Founded: 2007 • Age: 19 yrs Acquired By Exception
Mobile apps and IoT solutions are developed across platforms.
Annual revenue - Latest available
Total funding $6.3M 1 rounds
Employees 42 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Waracle Limited
  • Date of Incorporation 13 Jun, 2007
  • Jurisdiction DUNDEE, SCOTLAND
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.32 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.32 M (USD), Series A

    Dec 12, 2019

  • Investors
    Exception

    & 1 more

  • Employee Count
    42

    as on Dec 31, 2017

  • Investments & Acquisitions
    Mozenix

    & 1 more

  • Acquired by
    Exception

    (Jan 06, 2016)

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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.

Product name locked
Category locked
Primary

Researches, designs, and builds high-impact digital products for clients.

Product name locked
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Locked

Helps prioritize and justify innovation management strategies.

Product name locked
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Defines and creates future technology estates for businesses.

Product name locked
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Retains and engages users through digital experiences.

People of Waracle

Headcount 50-200
Employee Profiles 24
Employee Profiles
People
Chris Martin
Chief Executive Officer
People
David Low
Managing Director, Studios
People
Sharon Dickie
Chief Operating Officer
People
Fiona Blair
Customer Operations Manager

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Mobile and web app development, managed services and digital consulting service
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Investor details for Waracle

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
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Investments & Acquisitions by Waracle

Waracle has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mozenix and Screenmedia.

Investments
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Investment portfolio details for Waracle

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  • Transaction dates
  • Round details
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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Augmented reality app developers for enterprises
Locked Locked 2016 Locked
UI/UX design and data analytics services are provided to clients.
Locked Locked 2004 Locked
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Complete acquisition details for Waracle

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Financial Statements - Waracle

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Detailed financials for Waracle

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Waracle Comparisons

Waracle Primary company
Description
Mobile apps and IoT solutions are developed across platforms...
Location
Dundee, United Kingdom
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
42
As of 2017
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Peer comparison for Waracle

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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.

Company Name Domain Founded year HQ Location Description
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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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IT services suite solutions are provided globally by AlmavivA.
Locked Locked Locked
Mobile application development and UX design services are provided.
Locked Locked Locked
Offshore enterprise application development and IT consulting services are provided.
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Detailed competitors of Waracle

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Latest news on Waracle

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Complete news archive for Waracle

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Waracle

Waracle was founded in 2007 and raised its 1st funding round 12 years after it was founded.

Waracle is headquartered in Dundee, United Kingdom. It is registered at Dundee, Scotland, United Kingdom.

Chris Martin is the current CEO of Waracle.

Waracle is a funded company, having raised a total of $6.32M across 1 funding round to date.

As of Dec 31, 2017, the latest employee count at Waracle is 42.

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.

Waracle's top competitors include Hedgehog lab, AlmavivA and AKQA.

Waracle offers Digital Product Development, Advisory and Innovation, Technology Modernization, and Customer Experience.

Waracle has made 2 acquisitions, including Mozenix, and Screenmedia.

Waracle has 2 investors. Key investors include Exception, and BGF.

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