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
-
Sectors
TechnologyTelecommunications Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wicrypt Limited
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1.5 M (USD)
in 5 rounds
-
Latest Funding Round
$150 K (USD), Grant
Dec 08, 2023
-
Investors
Microsoft
& 12 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 Wicrypt
Wicrypt offers a comprehensive portfolio of products and services, including Hotspot Hub, Analytics Platform, Parental Control, Token Manager, and Advert Share. 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.
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.
Unlock access to complete
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 |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Grant - Wicrypt | Valuation |
investors |
|
| Nov, 2023 | Amount | Grant - Wicrypt | Valuation |
investors |
|
| Dec, 2021 | Amount | Token Sale - Wicrypt | 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 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. 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 |
|---|---|---|---|---|
|
Blockchain sectors are targeted for investments by AU21 Capital.
|
Founded Year | Domain | Location | |
|
Web3 startups are accelerated and supported by Outlier Ventures.
|
Founded Year | Domain | Location | |
|
-
|
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 Wicrypt
| 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 - Wicrypt
| 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 |
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. 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 |
Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
|
|
| domain | founded_year | HQ Location |
Provider of digital infrastructure and connectivity solutions for businesses and institutions
|
|
| domain | founded_year | HQ Location |
Wireless WiFi internet services are provided to users worldwide.
|
|
| domain | founded_year | HQ Location |
App for quickly connecting to wifi hotspots without a password
|
|
| domain | founded_year | HQ Location |
Internet services are provided by WeLink in the United States.
|
|
| domain | founded_year | HQ Location |
Networking devices and accessories are manufactured for various users.
|
| 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 Wicrypt
Frequently Asked Questions about Wicrypt
When was Wicrypt founded?
Wicrypt was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Wicrypt located?
Wicrypt is headquartered in Enugu, Nigeria. It is registered at Enugu, Enugu State, Nigeria.
Is Wicrypt a funded company?
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.
What does Wicrypt do?
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.
Who are the top competitors of Wicrypt?
Wicrypt's top competitors include iBUS, Helium and Boingo Wireless.
What products or services does Wicrypt offer?
Wicrypt offers Hotspot Hub, Analytics Platform, Parental Control, Token Manager, and Advert Share.
Who are Wicrypt's investors?
Wicrypt has 13 investors. Key investors include Microsoft, Cardano, Google Cloud, AU21 Capital, and Outlier Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.