About Wigzo
Wigzo is a company based in Gilbert (United States) founded in 2014 by Jeremiah Cathey, Mohammad Atyab, Himanshu Kaushik, and Umair Mohammed was acquired by Shiprocket in January 2022.. Wigzo has raised $2.83 million across 5 funding rounds from investors including Shiprocket, 3one4 Capital and AdvantEdge. The company has 51 employees as of April 02, 2024. Wigzo operates in a competitive market with competitors including Klaviyo, Elastic Path Software, Bango, Yotpo and CommerceIQ, among others.
- Headquarter Gilbert, United States
- Employees 51 as on 02 Apr, 2024
- Founders Jeremiah Cathey, Mohammad Atyab, Himanshu Kaushik, Umair Mohammed
- Stage Minicorn
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Swiftly Commerce Tech Private Limited
- Date of Incorporation 03 May, 2013
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$2.09 M (USD)-12.9as on Mar 31, 2022
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Net Profit
$-656.54 K (USD)17.97as on Mar 31, 2022
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EBITDA
$-732.05 K (USD)8.98as on Mar 31, 2022
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Total Equity Funding
$2.83 M (USD)
in 5 rounds
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Latest Funding Round
$592.49 K (USD), Seed
Jun 17, 2020
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Investors
Shiprocket
& 42 more
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Employee Count
51
as on Apr 02, 2024
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Acquired by
Shiprocket
(Jan 05, 2022)
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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 Total Funding
- Total Rounds 5
- Last Round Seed — $592,489
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First Round
First Round
(31 Oct 2014)
- Investors Count 42
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Wigzo | Valuation | Cornerstone Venture Partners |
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| Jul, 2019 | Amount | Seed - Wigzo | Valuation | Cornerstone Venture Partners Fund , Madison Capital | |
| Mar, 2017 | Amount | Seed - Wigzo | Valuation | 3one4 Capital , Arjun Sharma |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
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Early-stage venture capital firm investing in B2B technology solutions in the US and Israel.
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Founded Year | Domain | Location | |
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Venture capital fund investing in B2B technologies and enterprise solutions in India.
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Founded Year | Domain | Location | |
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Venture capital investments in deeptech startups, providing capital and strategic support in Bangalore.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wigzo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Wigzo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wigzo Comparisons
Competitors of Wigzo
Wigzo 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 Klaviyo, Elastic Path Software, Bango, Yotpo and CommerceIQ, 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 |
SaaS email marketing solutions are offered to e-commerce businesses.
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| domain | founded_year | HQ Location |
API-based enterprise commerce and content management platform is delivered.
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| domain | founded_year | HQ Location |
Marketing solutions for e-commerce businesses are provided by Bango.
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| domain | founded_year | HQ Location |
Cloud-based marketing platform for e-tailers
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| domain | founded_year | HQ Location |
AI-native omnichannel customer experiences are orchestrated through integrated platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wigzo
Frequently Asked Questions about Wigzo
When was Wigzo founded?
Wigzo was founded in 2014.
Where is Wigzo located?
Wigzo is headquartered in Gilbert, United States. It is registered at Gilbert, Arizona, United States.
Who is the current CEO of Wigzo?
Umair Mohammed is the current CEO of Wigzo. They have also founded this company.
Is Wigzo a funded 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 $687.58K, raised on Oct 31, 2014.
How many employees does Wigzo have?
As of Apr 02, 2024, the latest employee count at Wigzo is 51.
What is the annual revenue of Wigzo?
Annual revenue of Wigzo is $2.09M as on Mar 31, 2022.
What does Wigzo do?
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.
Who are the top competitors of Wigzo?
Wigzo's top competitors include Klaviyo, CommerceIQ and Yotpo.
Who are Wigzo's investors?
Wigzo has 43 investors. Key investors include Shiprocket, 3one4 Capital, AdvantEdge, Cornerstone Venture Partners Fund, and Seafund.
What is Wigzo's valuation?
The valuation of Wigzo is $7.02M as of Jun 2020.