About Whereby
Whereby is a company based in Maløy (Norway) founded in 2013 by Ingrid Odegaard.. Whereby has raised $12 million across 1 funding round from investors including Earl Grey Capital, SaaStr and Point Nine. The company has 37 employees as of December 31, 2021. Whereby offers products and services including Video Calling API and Browser SDK. Whereby operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Zoom, among others.
- Headquarter Maløy, Norway
- Employees 37 as on 31 Dec, 2021
- Founders Ingrid Odegaard
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Whereby As
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Annual Revenue
$10.28 M (USD)86as on Dec 31, 2021
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 1 rounds
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Latest Funding Round
$12 M (USD), Series A
Mar 17, 2021
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Investors
Earl Grey Capital
& 23 more
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Employee Count
37
as on Dec 31, 2021
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Products & Services of Whereby
Whereby offers a comprehensive portfolio of products and services, including Video Calling API and Browser SDK. 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.
Enables embedding of customizable video calls for telehealth platforms.
Facilitates customization of video meeting interfaces in applications.
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Funding Insights of Whereby
Whereby has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series A round of $12 million completed in March 2021. 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 — $12.0M
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First Round
First Round
(17 Mar 2021)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series A - Whereby | Valuation | SaaStr , Point Nine |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Whereby
Whereby has secured backing from 24 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Earl Grey Capital, SaaStr and Point Nine. 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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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward marketplace and SaaS companies.
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Founded Year | Domain | Location | |
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B2B and AI software community, events, and content services.
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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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Founded Year | Domain | Location | |
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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 Whereby
| 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 |
Financial Statements - Whereby
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Whereby Comparisons
Competitors of Whereby
Whereby 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 RingCentral, Dialpad, Fuze, Webex and Zoom, 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 unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Zoom is recognized for providing AI-first collaboration and communication solutions.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Whereby
Frequently Asked Questions about Whereby
When was Whereby founded?
Whereby was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Where is Whereby located?
Whereby is headquartered in Maløy, Norway.
Who is the current CEO of Whereby?
Oyvind Reed is the current CEO of Whereby.
Is Whereby a funded company?
Whereby is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series A of $12M, raised on Mar 17, 2021.
How many employees does Whereby have?
As of Dec 31, 2021, the latest employee count at Whereby is 37.
What is the annual revenue of Whereby?
Annual revenue of Whereby is $10.28M as on Dec 31, 2021.
What does Whereby do?
Whereby was founded in 2013 in Maloy, Norway, and operates in the software-as-a-service sector. Video conferencing tools are offered via the cloud, enabling customization of room names, brands, and URLs. Features include recording, chat functions, whiteboards, screen sharing, and live reactions. Integrations with platforms such as YouTube and Miro are supported, with access available through a subscription pricing model.
Who are the top competitors of Whereby?
Whereby's top competitors include Dialpad, Webex and RingCentral.
What products or services does Whereby offer?
Whereby offers Video Calling API and Browser SDK.
Who are Whereby's investors?
Whereby has 24 investors. Key investors include Earl Grey Capital, SaaStr, Point Nine, John Komkov, and Jason M Lemkin.
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