Wetteri

Oulu, Finland Founded: 1960 • Age: 66 yrs Acquired By Soprano
Provider of selling new, electrical exchange cars, maintenance, and repair services
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About Wetteri

Wetteri is a company based in Oulu (Finland) founded in 1960 was acquired by Soprano in June 2022.. Wetteri has completed 1 acquisition, including Suvanto Trucks.

  • Headquarter Oulu, Finland
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Soprano

    (Jun 01, 2022)

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People of Wetteri
Headcount 500-1000
Employee Profiles 13
Employee Profiles
People
Tuukka Kallio-Kokko
Salesman
People
Eetu Heikkinen
New Car Salesperson
People
Arttu Salo
Salesperson
People
Kuisma Korhonen
Salesperson

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Funding Insights of Wetteri

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 Wetteri

Wetteri has secured backing from 1 investor. Prominent investors backing the company include Soprano. 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
Investor Description Founded Year Domain Location
Automotive retail, service, and training solutions are provided.
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 Wetteri

Wetteri has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Suvanto Trucks. 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
Used trucks are bought and sold by Suvanto Trucks.
2010
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 - Wetteri

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

Wetteri Comparisons

Employees
+
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Competitors of Wetteri

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 Wetteri

Frequently Asked Questions about Wetteri

When was Wetteri founded?

Wetteri was founded in 1960.

Where is Wetteri located?

Wetteri is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.

Who is the current CEO of Wetteri?

Aarne Simula is the current CEO of Wetteri.

What does Wetteri do?

Wetteri was established in 1960 in Oulu, Finland, within the automotive sector. Operations focus on the sale of new vehicles, electric models, and exchange cars. Maintenance and repair services are also handled for various automobile types. The company serves the local market through its domain wetteri.fi, supporting vehicle ownership needs in the region. Leadership is provided by CEO Aarne Simula.

How many acquisitions has Wetteri made?

Wetteri has made 1 acquisition, including Suvanto Trucks.

Who are Wetteri's investors?

Wetteri has 1 investor. Key investors include Soprano.

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