Wazoku

London, United Kingdom Founded: 2011 • Age: 15 yrs
Cloud-based idea management software is offered to organizations.
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About Wazoku

Wazoku is a company based in London (United Kingdom) founded in 2011 by Rosemarie Diegnan and Simon Hill.. Wazoku has raised $18.15 million across 10 funding rounds from investors including Barclays, Calculus Capital and Cambridge Angels. Wazoku has completed 5 acquisitions, including Channge, Idea Drop and InnoCentive. Wazoku operates in a competitive market with competitors including Agorize, AEVO, Spigit, Iprova and ThinkTank, among others.

  • Headquarter London, United Kingdom
  • Founders Rosemarie Diegnan, Simon Hill
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wazoku Limited
  • Date of Incorporation 23 Feb, 2011
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18.15 M (USD)

    in 10 rounds

  • Latest Funding Round
    $9.15 M (USD), Series B

    Sep 28, 2022

  • Investors
    Barclays

    & 51 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Channge

    & 4 more

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People of Wazoku
Headcount 50-200
Employee Profiles 19
Employee Profiles
People
David Byrne
CFO
People
Rosemarie Diegnan
Chief Product & Customer Officer & Co-Founder
People
Kathryn Abram
Director, Customer Experience
People
Kayode Keshinro
Product Manager

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Funding Insights of Wazoku

Wazoku has successfully raised a total of $18.15M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $9.15 million completed in September 2022. 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 Rounds 10
  • Last Round Series B — $9.1M
  • First Round

    (21 Apr 2011)

  • Investors Count 52
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series B - Wazoku Valuation Octopus Ventures
Mar, 2022 Amount Debt – Conventional - Wazoku Valuation

investors

Jul, 2020 Amount Series A - Wazoku Valuation Calculus Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wazoku

Wazoku has secured backing from 52 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Barclays, Calculus Capital and Cambridge Angels. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investment and support for founders in technology and health sectors.
Founded Year Domain Location
UK venture capital investments are managed by Calculus Capital.
Founded Year Domain Location
Angel network investing in the UK
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wazoku

Wazoku has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Channge, Idea Drop and InnoCentive. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Strategic management consulting services are provided to businesses by Channge.
2019
Performance management is enabled by an intelligent digital platform.
2019
Knowledge transfer is enabled between corporate and academic innovation partners.
2019
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Wazoku

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wazoku Comparisons

Employees
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Competitors of Wazoku

Wazoku 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 Agorize, AEVO, Spigit, Iprova and ThinkTank, 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
Cloud-based platform for managing innovation and ideas is provided.
domain founded_year HQ Location
Cloud-based innovation management software provider
domain founded_year HQ Location
Cloud-based platform for managing corporate idea lifecycles is utilized.
domain founded_year HQ Location
AI-based invention assistance platform
domain founded_year HQ Location
Collaboration software is offered for enterprise process optimization.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wazoku

Frequently Asked Questions about Wazoku

When was Wazoku founded?

Wazoku was founded in 2011.

Where is Wazoku located?

Wazoku is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Wazoku?

Simon Hill is the current CEO of Wazoku. They have also founded this company.

Is Wazoku a funded company?

Wazoku is a funded company, having raised a total of $18.15M across 10 funding rounds to date. The company's 1st funding round was a Series A of $1.58M, raised on Apr 21, 2011.

What does Wazoku do?

Wazoku was founded in 2011 in London, United Kingdom, and operates in the software sector focused on innovation management. Cloud-based platforms are provided to enable organizations to collect, evaluate, and implement ideas from employees. Collaboration tools allow sharing, voting, and ranking of submissions, while reports and leaderboards are generated to highlight top contributions and facilitate employee recognition and rewards.

Who are the top competitors of Wazoku?

Wazoku's top competitors include Agorize, Iprova and AEVO.

How many acquisitions has Wazoku made?

Wazoku has made 5 acquisitions, including Channge, Idea Drop, and InnoCentive.

Who are Wazoku's investors?

Wazoku has 52 investors. Key investors include Barclays, Calculus Capital, Cambridge Angels, Octopus Ventures, and SaaS Capital.

What is Wazoku's valuation?

The valuation of Wazoku is $20.79M as of Jan 2018.

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