About Wedio
Wedio is a company based in Aarhus (Denmark) founded in 2018 by Daniel Bodholdt Sand, Kasper Vesth, Morten Aebeloe, and Daniel Vilholm Sand.. Wedio has raised $2.05 million across 3 funding rounds from investors including Wefunder, Founderment and Danmarks Eksport- og Investeringsfond. Wedio offers products and services including Gear Rental Service, Gear Buying Service, and Gear Selling Service. Wedio operates in a competitive market with competitors including Kitsplit, ShareGrid, Lumoid, Quixote and BoxedUp, among others.
- Headquarter Aarhus, Denmark
- Founders Daniel Bodholdt Sand, Kasper Vesth, Morten Aebeloe, Daniel Vilholm Sand
- Stage Minicorn
-
Sectors
Media & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wedio Aps
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.05 M (USD)
in 3 rounds
-
Latest Funding Round
$1.37 M (USD), Seed
Apr 17, 2023
-
Investors
Wefunder
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Wedio
Wedio offers a comprehensive portfolio of products and services, including Gear Rental Service, Gear Buying Service, and Gear Selling Service. 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.
Service for renting film equipment from local creators securely.
Platform for purchasing film gear with escrow payment protection.
Tool for listing and selling film equipment to global buyers.
Funding Insights of Wedio
Wedio has successfully raised a total of $2.05M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.37 million completed in April 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 — $1.4M
-
First Round
First Round
(24 Sep 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Seed - Wedio | Valuation | Founderment | |
| Oct, 2021 | Amount | Seed - Wedio | Valuation |
investors |
|
| Sep, 2019 | Amount | Seed - Wedio | Valuation |
investors |
|
| 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 Wedio
Wedio has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Wefunder, Founderment and Danmarks Eksport- og Investeringsfond. 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 |
|---|---|---|---|---|
|
Early-stage venture capital is provided to retail technology startups.
|
Founded Year | Domain | Location | |
|
Provision of financing, loans, equity, and insurance for Danish export and investment activities.
|
Founded Year | Domain | Location | |
|
Startups are funded through an investor diversification platform.
|
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 Wedio
| 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 |
Financial Statements - Wedio
| 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 |
Wedio Comparisons
Competitors of Wedio
Wedio 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 Kitsplit, ShareGrid, Lumoid, Quixote and BoxedUp, 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 |
Camera equipment is rented peer-to-peer via an online platform.
|
|
| domain | founded_year | HQ Location |
Camera gear is rented online for filmmakers and photographers.
|
|
| domain | founded_year | HQ Location |
Online rentals of photo, video, and wearable gears are provided.
|
|
| domain | founded_year | HQ Location |
Studios and equipment are rented for film and TV productions.
|
|
| domain | founded_year | HQ Location |
Filming equipment is rented via an online marketplace platform.
|
| 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.
|
Frequently Asked Questions about Wedio
When was Wedio founded?
Wedio was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Wedio located?
Wedio is headquartered in Aarhus, Denmark.
Who is the current CEO of Wedio?
Daniel Vilholm Sand is the current CEO of Wedio. They have also founded this company.
Is Wedio a funded company?
Wedio is a funded company, having raised a total of $2.05M across 3 funding rounds to date. The company's 1st funding round was a Seed of $156.11K, raised on Sep 24, 2019.
What does Wedio do?
Wedio was founded in 2018 in Aarhus, Denmark, as a platform in the film production sector. Equipment such as cameras, lenses, and drones is rented by professional filmmakers and photographers to nearby users, with full insurance provided. Operations facilitate income generation for equipment owners through peer-to-peer rentals, connecting creators across locations.
Who are the top competitors of Wedio?
What products or services does Wedio offer?
Wedio offers Gear Rental Service, Gear Buying Service, and Gear Selling Service.
Who are Wedio's investors?
Wedio has 3 investors. Key investors include Wefunder, Founderment, and Danmarks Eksport- og Investeringsfond.
What is Wedio's valuation?
The valuation of Wedio is $4.76M as of Oct 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.