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.
- Total Equity Funding$1.5M (USD)
in 5 rounds
- Latest Funding Round$150K (USD), Grant
Dec 2023
- InvestorsMicrosoft
& 12 more
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.
Apps and channels of Wicrypt
its YouTube channel Wicrypt has 10.2K subscribers and 30 videos.
Videos from Wicrypt
The most watched videos on Wicrypt's YouTube channel, Wicrypt (10.2K subscribers). Click a video to play it here.
More on Wicrypt.
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 $1.5M
- Total Rounds 5
- Last Round Grant — $150,000
- Investors Count 13
All 5 funding rounds of Wicrypt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $150,000 | Grant | – | – | |
| Nov 2023 | $200,000 | Grant | – | – | |
| Dec 2021 | $526,640 | Token Sale | – | – | – |
| Oct 2021 | $1.5M | Seed | – | AU21 Capital | |
| Dec 2019 | – | Seed | – | Nigerian Communications Commission | – |
13 investors in total: 12 institutional and 1 angel.
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 |
|---|---|---|---|---|
Blockchain sectors are targeted for investments by AU21 Capital. | – | au21.capital | San Francisco, United States | |
Web3 startups are accelerated and supported by Outlier Ventures. | – | outlierventures.io | - | |
- | – | onegaventures.tcc.mode | - | |
Microsoft is recognized for software, hardware, and gaming solutions. | 1975 | microsoft.com | Redmond, United States | |
- | – | cloud.google.com | - | |
Blockchain investments are managed by Chain Capital in Singapore. | – | capital-chain.com | Singapore, Singapore | |
Develops innovative casual games for PC and console platforms. | 2022 | emergent-entertainment.com | London, United Kingdom | |
- | – | n7lab.com | - | |
Offers a platform for building web3 games, enabling innovative blockchain-based gaming solutions. | 2018 | firebirdchain.com | Singapore, Singapore | |
Cardano is developed as a proof-of-stake blockchain platform. | 2017 | cardano.org | Zug, Switzerland |
Investor details for Wicrypt
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Wicrypt
7 people are tracked at Wicrypt (4 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Chidozie Ogbo | Co-Founder | Leadership |
Ugochukwu Aronu | Co-Founder | Leadership |
Emmanuel Okoro | Chief Operations Officer | Leadership |
Ayodele Olabiyi | Head of Analytics and Data Science | Leadership |
Chibuzo Emmanuel C | Lead UI/UX Designer | Team |
Edward Chibuzo | Data Analyst | Team |
Peterjohn Abuashia | Software Engineer | Team |
Complete people profiles for Wicrypt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Wicrypt
3 dated milestones of Wicrypt across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Wicrypt is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $150K.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| helium.com | 2006 | San Francisco, United States | $369.82M | 54 | Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways. | |
| ibusglobal.com | 2010 | Bengaluru, India | $141.06M | 102 | Provider of digital infrastructure and connectivity solutions for businesses and institutions | |
| boingo.com | 2001 | Los Angeles, United States | $94.75M | – | Wireless WiFi internet services are provided to users worldwide. | |
| wifi.com | 2013 | Shanghai, China | $62.61M | – | App for quickly connecting to wifi hotspots without a password | |
| welink.com | 2011 | San Jose, United States | $185M | – | Internet services are provided by WeLink in the United States. | |
| tp-link.com | 1996 | Shenzhen, China | – | – | Networking devices and accessories are manufactured for various users. | |
| ipass.com | 1996 | Redwood, United States | – | – | Secure Wi-Fi access is provided globally via hotspot networks. | |
| instabridge.com | 2012 | Stockholm, Sweden | $8M | – | Crowdsourced Wi-Fi hotspots are accessed via mobile app without passwords. |
Detailed competitors of Wicrypt
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Wicrypt
The website of Wicrypt (wicrypt.com) receives about 9.2K visits a month.
- Monthly visits9.2K
▲ 50.8% vs previous month
Latest news on Wicrypt
Complete news archive for Wicrypt
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Wicrypt
10 companies that operate in the same segment as Wicrypt (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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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.
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.
Wicrypt operates through Wicrypt Limited.