About Whim App
Whim App is a company based in Helsinki (Finland) founded in 2011 was acquired by Umob in April 2024.. Whim App has raised $62.4 million across 8 funding rounds from investors including Transdev, Toyota Financial Services and Mitsui Fudosan. Whim App has completed 2 acquisitions, including Quicko Brazil and Wondo. Whim App operates in a competitive market with competitors including Grab, inDrive, Bolt, Gozem and YASSIR, among others.
- Headquarter Helsinki, Finland
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$62.4 M (USD)
in 8 rounds
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Latest Funding Round
$32.67 M (USD), Series A
Nov 07, 2019
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Investors
Transdev
& 13 more
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Employee Count
Employee Count
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Investments & Acquisitions
Quicko Brazil
& 1 more
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Acquired by
Umob
(Apr 18, 2024)
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Funding Insights of Whim App
Whim App has successfully raised a total of $62.4M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $32.67 million completed in November 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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series A — $32.7M
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First Round
First Round
(07 Aug 2014)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series A - Whim App | Valuation | Mitsui Fudosan , Mitsubishi Corporation | |
| May, 2019 | Amount | Series A - Whim App | Valuation | NordicNinja |
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| Aug, 2018 | Amount | Series A - Whim App | Valuation |
investors |
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| 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 Whim App
Whim App has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Transdev, Toyota Financial Services and Mitsui Fudosan. 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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Investments in energy technology companies are made by BP Ventures.
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Founded Year | Domain | Location | |
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A venture capital firm investing in sustainable and deep-tech startups
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Founded Year | Domain | Location | |
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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 Whim App
Whim App has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Quicko Brazil and Wondo. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Urban mass transit mobility app
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2018 | ||||
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App-based multi-modal transport planning and booking platform
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Whim App
| 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 |
Whim App Comparisons
Competitors of Whim App
Whim App 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 Grab, inDrive, Bolt, Gozem and YASSIR, 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 |
Ride-hailing and on-demand delivery services are aggregated via mobile app.
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| 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 |
Ride-hailing and on-demand services are aggregated through a mobile app.
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| domain | founded_year | HQ Location |
Ride-hailing and on-demand services are facilitated through a mobile app.
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| domain | founded_year | HQ Location |
App-based ride-hailing and multi-category vehicle sharing platform
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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 Whim App
Frequently Asked Questions about Whim App
When was Whim App founded?
Whim App was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Whim App located?
Whim App is headquartered in Helsinki, Finland.
Is Whim App a funded company?
Whim App is a funded company, having raised a total of $62.4M across 8 funding rounds to date. The company's 1st funding round was a Series A of $10.3M, raised on Aug 07, 2014.
What does Whim App do?
Whim was founded in 2011 in Helsinki, Finland, within the on-demand services sector. An online platform is operated to facilitate bookings of various service categories, with integration of transport options including rental cars, taxis, and public transport. Users provide location, personal details, and payment information to complete reservations. Operations focus on seamless access to mobility and related services in urban areas.
Who are the top competitors of Whim App?
How many acquisitions has Whim App made?
Whim App has made 2 acquisitions, including Quicko Brazil, and Wondo.
Who are Whim App's investors?
Whim App has 14 investors. Key investors include Transdev, Toyota Financial Services, Mitsui Fudosan, Mitsubishi Corporation, and European Union.