About Wicrypt
Wicrypt is a company based in Enugu (Nigeria) founded in 2018 by Chidozie Ogbo and Ugochukwu Aronu. Wicrypt has raised $1.5 million across 5 funding rounds from investors including Microsoft, Cardano and Google Cloud. Wicrypt offers products and services including Hotspot Hub, Analytics Platform, Parental Control, Token Manager, and Advert Share. Wicrypt operates in a competitive market with competitors including Helium, iBUS, Boingo Wireless, WiFi and WeLink, among others.
- Headquarter Enugu, Nigeria
- Founders Chidozie Ogbo, Ugochukwu Aronu
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Sectors
TechnologyTelecommunications Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Wicrypt Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 5 rounds
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Latest Funding Round
$150 K (USD), Grant
Dec 08, 2023
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Investors
Microsoft
& 12 more
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Employee Count
Employee Count
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Products & Services of Wicrypt
Wicrypt offers a comprehensive portfolio of products and services, including Hotspot Hub, Analytics Platform, Parental Control, Token Manager, and Advert Share.
Device for WiFi management and analytics services.
Provides real-time data on connections and user behavior.
Tools to restrict access and limit suspicious sites.
System to assign and track data usage for users.
Platform for promoting products and earning revenue.
People of Wicrypt
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Funding Insights of Wicrypt
Wicrypt has successfully raised a total of $1.5M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $150 thousand completed in December 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 5
- Last Round Grant — $150,000
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Grant - Wicrypt | Valuation |
investors |
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| Nov, 2023 | Amount | Grant - Wicrypt | Valuation |
investors |
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| Dec, 2021 | Amount | Token Sale - Wicrypt | Valuation |
investors |
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Investors in Wicrypt
Wicrypt has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Microsoft, Cardano and Google Cloud.
| Investor | Description | Founded Year | Domain | Location |
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Blockchain sectors are targeted for investments by AU21 Capital.
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Founded Year | Domain | Location | |
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Web3 startups are accelerated and supported by Outlier Ventures.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
Investments & Acquisitions by Wicrypt
Financial Statements - Wicrypt
Wicrypt Comparisons
Competitors of Wicrypt
Wicrypt 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 Helium, iBUS, Boingo Wireless, WiFi and WeLink, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
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| domain | founded_year | HQ Location |
Provider of digital infrastructure and connectivity solutions for businesses and institutions
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| domain | founded_year | HQ Location |
Wireless WiFi internet services are provided to users worldwide.
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| domain | founded_year | HQ Location |
App for quickly connecting to wifi hotspots without a password
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| domain | founded_year | HQ Location |
Internet services are provided by WeLink in the United States.
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| domain | founded_year | HQ Location |
Networking devices and accessories are manufactured for various users.
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Frequently Asked Questions about Wicrypt
Wicrypt was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Wicrypt is headquartered in Enugu, Nigeria. It is registered at Enugu, Enugu State, Nigeria.
Wicrypt is a funded company, having raised a total of $1.5M across 5 funding rounds to date. The company's 1st funding round was a Token Sale of $526.64K, raised on Dec 31, 2019.
Wicrypt was founded in 2018 in Enugu, Nigeria, within the cryptocurrency mining sector. Operations focus on enabling users to earn Wicrypt Network Tokens (WNT) by deploying smart hotspots and network devices that share internet connections. Access to these hotspots by others triggers mining activity, supporting a decentralized network for token generation and internet distribution.
Wicrypt's top competitors include iBUS, Helium and Boingo Wireless.
Wicrypt offers Hotspot Hub, Analytics Platform, Parental Control, Token Manager, and Advert Share.
Wicrypt has 13 investors. Key investors include Microsoft, Cardano, Google Cloud, AU21 Capital, and Outlier Ventures.