Widere

Bodø, Norway Founded: 1934 • Age: 92 yrs Acquired By Norwegian Air Shuttle
Regional passenger and cargo flights are operated in Scandinavia.

About Widere

Wideroe was established in 1934 and is headquartered in Bodø, Norway. Scheduled passenger and cargo transportation services are delivered across the Scandinavian region by means of its dedicated aircraft fleet. Operations center on regional connectivity, serving routes within Norway and adjacent Nordic areas as a key player in the aviation sector.

  • Headquarter Bodø, Norway
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Aviation Operations & Infrastructure
Key Metrics
  • Annual Revenue
    $27.53 M (USD)
    17
    as on Dec 31, 2022
  • Net Profit
    $-260.06 K (USD)
    -399
    as on Dec 31, 2022
  • EBITDA
    $-2.62 M (USD)
    -250
    as on Dec 31, 2022
  • Latest Funding Round
    $22.5 M (USD), Debt – Conventional

    Jun 04, 2013

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
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People of Widere
Headcount 1000-5000
Employee Profiles 13
Employee Profiles
People
Silje Brandvoll
Vice President Communications And Public Relations
People
Bruno Quadros Rodrigues
Documentation Manager
People
Hege Christin Eid
System Manager, Revenue Collection
People
Frode Kiserud
Senior Passenger & Service Coordinator

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Funding Insights of Widere

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $22.5M
  • First Round

    (04 Jun 2013)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2013 Amount Debt – Conventional - Widere 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 Widere

Widere has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Norwegian Air Shuttle and Proventus. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A family office is operated across Nordic and European regions.
Founded Year Domain Location
Low-cost scheduled passenger flights are operated by Norwegian Air Shuttle.
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 Widere

Investments
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 - Widere

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Widere Comparisons

Employees
+
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Competitors of Widere

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 Widere

Frequently Asked Questions about Widere

When was Widere founded?

Widere was founded in 1934 and raised its 1st funding round 79 years after it was founded.

Where is Widere located?

Widere is headquartered in Bodø, Norway. It is registered at Bodø, Nordland, Norway.

Who is the current CEO of Widere?

Stein Nilsen is the current CEO of Widere.

What is the annual revenue of Widere?

Annual revenue of Widere is $27.53M as on Dec 31, 2022.

What does Widere do?

Wideroe was established in 1934 and is headquartered in Bodø, Norway. Scheduled passenger and cargo transportation services are delivered across the Scandinavian region by means of its dedicated aircraft fleet. Operations center on regional connectivity, serving routes within Norway and adjacent Nordic areas as a key player in the aviation sector.

Who are Widere's investors?

Widere has 2 investors. Key investors include Norwegian Air Shuttle, and Proventus.

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