Wigzo

Gilbert, United States Founded: 2014 • Age: 12 yrs Minicorn Acquired By Shiprocket
AI-based marketing solutions are provided for eCommerce businesses.

About Wigzo

Wigzo is a Technology company based in Gilbert (United States) founded in 2014 by Jeremiah Cathey, Mohammad Atyab, Himanshu Kaushik, and Umair Mohammed, and was acquired by Shiprocket in January 2022. AI-based marketing solutions are provided for eCommerce businesses. It operates in the Technology and Retail sectors. Wigzo has raised $2.83 million across 5 funding rounds from investors including Shiprocket, 3one4 Capital and AdvantEdge. The company has 51 employees. Wigzo was last valued at $7.02 million in June 2020. Its chief executive, as recorded, is Umair Mohammed. Its Indian entity Swiftly Commerce Tech Private Limited reported revenue of β‚Ή9.40 Cr. Its focus areas include Enterprise Applications, MarketingTech, Industry Specific Marketing and eCommerce. Its competitors include Klaviyo, Yotpo and CommerceIQ; 3 of its 3 listed competitors have raised funding.

Company details

Provider of AI-based marketing solution eCommerce businesses It uses big data technology to enable customer segmentation and run targeted marketing campaigns. The marketing automation to track, and analyze all customersordersproducts personalize the entire marketing including email, web push notifications, Facebook Messenger, on-page notifications, etc from a single dashboard. It uses machine learning predictive technologies that automatically populate emails based on user behavior and context.

  • Headquarters Gilbert, United States
  • Employees 51
  • Founders Jeremiah Cathey, Mohammad Atyab, Himanshu Kaushik, Umair Mohammed
  • Stage Acquired
  • Sectors
    Technology
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website wigzo.com
  • Social LinkedIn X Facebook
  • Acquired by Shiprocket (Jan 2022)
  • Legal Name Swiftly Commerce Tech Private Limited
  • Date of Incorporation 03 May, 2013
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Indian entity revenue
    ₹9.40 Cr

    FY 2023 · -39% YoY

  • Indian entity net loss
    -₹19.68 Cr

    FY 2023 · -209% margin

  • Indian entity EBITDA
    -₹19.25 Cr

    FY 2023 · -205% margin

  • Total Equity Funding
    $2.83M (USD)

    in 5 rounds

  • Latest Funding Round
    $592.49K (USD), Seed

    Jun 2020

  • Investors
    Shiprocket

    & 42 more

  • Employee Count
    51
  • Acquired by
    Shiprocket

    (Jan 2022)

Funding Insights of Wigzo

Wigzo has successfully raised a total of $2.83M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $592.49 thousand completed in June 2020. 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 $2.83M
  • Total Rounds 5
  • Last Round Seed β€” $592,489
  • First Round $52,102

    (Oct 2014)

  • Investors Count 42

All 5 funding rounds of Wigzo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2020$592,489Seed$7.02MCornerstone Venture Partners
–
Jul 2019$1MSeed–Cornerstone Venture Partners Fund, Madison Capital
Mar 2017$687,579Seed–3one4 Capital, Arjun Sharma
Oct 2015$500,000Seed$1.24MAarin Capital, Siddarth pai
Oct 2014$52,102Seed$β€’β€’β€’β€’β€’Nikunj Jain, Nikita Jain
Valuation history
DateValuationStage
Jun 2020$7.02Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2015$1.24Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $7.02M (Jun 2020). 43 investors in total: 19 institutional and 24 angel.

Investors in Wigzo

Wigzo has secured backing from 43 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Shiprocket, 3one4 Capital and AdvantEdge.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital firm investing in B2B technology solutions in the US and Israel.
cornerstonevp.com
Venture capital fund investing in B2B technologies and enterprise solutions in India.
2018csvpfund.comMumbai, India
Venture capital investments in deeptech startups, providing capital and strategic support in Bangalore.
2018seafund.inBengaluru, India
Angel network focused on India, Singapore, and U.S based companies
sgan.sgSingapore, Singapore
Venture capital fund investing in tech startups
madisoncapital.vcDelhi, India
Private equity firm focused on multiple sectors
Delhi, India
Venture capital investments in technology sectors like SaaS and Fintech in India.
20163one4capital.comBengaluru, India
Venture funding in technology-intensive businesses within healthcare, education, and India-centric markets.
2012aarincapital.comBengaluru, India
Venture capital funding and support for mobility and electric vehicle startups in India.
2015advantedge.vcDelhi, India
Seed & early stage tech-focused VC investment company funding companies in India
2014outbox.venturesDelhi, India
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Investor details for Wigzo

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Verified entity values are shown only after access is granted.

Board of directors of Swiftly Commerce Tech Private Limited (Wigzo)

Swiftly Commerce Tech Private Limited is the primary company behind Wigzo. The boards of the 2 registered companies of Wigzo currently have 9 directors; the longest-serving is Gautam Kapoor, appointed in 2011. 32 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gautam Kapoor
DIN 03595876
Director28 Sep 201115 yrs 1 moShiprocket Limited
Saahil Goel
DIN 05106685
Managing Director30 Sep 201115 yrs 1 moShiprocket Limited
Arjun Singh Ravinder Singh Sethi
DIN 08860089
Director08 Oct 20206 yrs 1 moShiprocket Limited
Rohit
DIN 10600960
Director23 Apr 20242 yrs 6 moSwiftly Commerce Tech Private Limited
Mohd Sabbir
DIN 10662664
Additional Director10 Jun 20242 yrs 5 moSwiftly Commerce Tech Private Limited
Chetan Kumar Mathur
DIN 00437558
Director22 Aug 20242 yrs 2 moShiprocket Limited
Kaushik Dutta
DIN 03328890
Director22 Aug 20242 yrs 2 moShiprocket Limited
Brijesh Kumar Agrawal
DIN 00191760
Director21 Mar 20251 yr 7 moShiprocket Limited
Vani Gupta Dandia
DIN 05243822
Director21 Mar 20251 yr 7 moShiprocket Limited

People of Wigzo

4 people are tracked at Wigzo (4 in leadership); the tracked headcount is 51.

NameRoleGroup
Jeremiah Cathey
Co-FounderLeadership
Mohammad Atyab
Co-FounderLeadership
Co-FounderLeadership
Umair Mohammed
Co-Founder & CEOLeadership
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Complete people profiles for Wigzo

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Financials of Wigzo

Figures of Swiftly Commerce Tech Private Limited, the primary company behind Wigzo, for FY 2023. Revenue was ₹9.40 Cr (-39% year on year). Net loss was -₹19.68 Cr (-209% margin). EBITDA was -₹19.25 Cr (-205% margin). Revenue has grown at a compounded annual rate of -17% over three years and +17% over five years.

  • ₹9.40 CrRevenue · FY 2023 · -39% YoY
  • -₹19.68 CrNet loss · -209% margin
  • -₹19.25 CrEBITDA · -205% margin
  • ₹3.5 LakhPaid-up capital
  • 51Employees (provident fund records)
  • -17%Revenue CAGR, 3 years
  • +17%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Swiftly Commerce Tech Private Limited are on its company page.

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Detailed financial statements for Wigzo

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Wigzo

5 dated milestones of Wigzo across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Wigzo is founded.
  2. Funding First funding round of $52K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $592K.
  5. Exit Acquired by Shiprocket.

Competitors of Wigzo

Wigzo has 3 listed competitors in our database, 3 of them funded. They include Klaviyo, Yotpo and CommerceIQ.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
klaviyo.com2012Boston, United States$778.5M1,454
SaaS email marketing solutions are offered to e-commerce businesses.
yotpo.com2011New York, United States$436M
Cloud-based marketing platform for e-tailers
commerceiq.ai2012Mountain View, United States$195.5M256
AI platform for retail ecommerce management and optimization is provided.
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Detailed competitors of Wigzo

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Web traffic of Wigzo

Websites that share an audience with Wigzo (wigzo.com).

Similar websites

Websites whose visitors overlap most with Wigzo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
shiprocket.in
100%
6.6M#7,716View details

Top companies in Brand & Marketing Technology

3 companies that operate in the same segment as Wigzo (Brand & Marketing Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SaaS email marketing solutions are offered to e-commerce businesses.
2012Boston, Massachusetts, United StatesUSD 778.5 MUSD 1.23 B3,008
Platform acquiring Amazon FBA brands
2018Walpole, Massachusetts, United StatesUSD 3.4 B233
SaaS-based collaborative commerce solutions are provided for brands and retailers.
2000New York, New York, United StatesUSD 365 MUSD 240.52 M2,144
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Related news about Wigzo

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Frequently Asked Questions about Wigzo

Wigzo was founded in 2014.

Wigzo is headquartered in Gilbert, United States. It is registered at Gilbert, Arizona, United States.

Umair Mohammed is the CEO of Wigzo, as recorded in our data. They have also founded this company.

Wigzo is a funded company, having raised a total of $2.83M across 5 funding rounds to date. The company's 1st funding round was a Seed of $52.1K, raised on Oct 2014.

Wigzo has 51 employees.

The primary company behind Wigzo, Swiftly Commerce Tech Private Limited, reported revenue of β‚Ή9.40 Cr for FY 2023, down 39% year on year.

Provider of AI-based marketing solution eCommerce businesses It uses big data technology to enable customer segmentation and run targeted marketing campaigns. The marketing automation to track, and analyze all customersordersproducts personalize the entire marketing including email, web push notifications, Facebook Messenger, on-page notifications, etc from a single dashboard. It uses machine learning predictive technologies that automatically populate emails based on user behavior and context.

Wigzo's top competitors include Klaviyo, CommerceIQ and Yotpo.

Wigzo has 43 investors. Key investors include Shiprocket, 3one4 Capital, AdvantEdge, Cornerstone Venture Partners Fund, and Seafund.

The valuation of Wigzo is $7.02M as of Jun 2020.

Wigzo is associated with 2 legal entities: Swiftly Commerce Tech Private Limited, Shiprocket Limited.

Yes. Wigzo was acquired by Shiprocket in January 2022.

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