About Wing Cloud
Wing Cloud is a company based in Tel Aviv (Israel) founded in 2022 by Elad Ben and Shai Ber.. Wing Cloud has raised $20 million across 1 funding round from investors including Battery Ventures, Grove Ventures and StageOne Ventures. Wing Cloud offers products and services including Winglang.io. Wing Cloud operates in a competitive market with competitors including Laszlo Systems, Timefold, 8th, Tsumobi and Perl, among others.
- Headquarter Tel Aviv, Israel
- Founders Elad Ben, Shai Ber
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Wing, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Seed
Jul 18, 2023
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Investors
Battery Ventures
& 9 more
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Employee Count
Employee Count
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Products & Services of Wing Cloud
Wing Cloud offers a comprehensive portfolio of products and services, including Winglang.io. 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.
Platform for building and testing cloud software applications.
Funding Insights of Wing Cloud
Wing Cloud has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Seed round of $20 million completed in July 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 1
- Last Round Seed — $20.0M
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First Round
First Round
(18 Jul 2023)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Wing Cloud | Valuation | Battery Ventures , Grove Ventures |
| 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 Wing Cloud
Wing Cloud has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Battery Ventures, Grove Ventures and StageOne Ventures. 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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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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StageOne Ventures is focused on seed-stage investments in tech startups.
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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 Wing Cloud
| 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 - Wing Cloud
| 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 |
Wing Cloud Comparisons
Competitors of Wing Cloud
Wing Cloud 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 Laszlo Systems, Timefold, 8th, Tsumobi and Perl, 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 |
Rich Internet applications are developed using the OpenLaszlo platform.
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| domain | founded_year | HQ Location |
Open source AI that provides planning optimization solutions for operations and scheduling
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| domain | founded_year | HQ Location |
Develops programming languages to support application development.
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| domain | founded_year | HQ Location |
It serves as a send application updates on the fly.
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| domain | founded_year | HQ Location |
General-purpose programming is enabled by the open-source Perl language.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Wing Cloud
Frequently Asked Questions about Wing Cloud
When was Wing Cloud founded?
Wing Cloud was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Wing Cloud located?
Wing Cloud is headquartered in Tel Aviv, Israel.
Who is the current CEO of Wing Cloud?
Elad Ben is the current CEO of Wing Cloud. They have also founded this company.
Is Wing Cloud a funded company?
Wing Cloud is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Seed of $20M, raised on Jul 18, 2023.
What does Wing Cloud do?
Wing Cloud was established in 2022 in Tel Aviv, Israel, within the cloud computing sector. A programming language oriented toward cloud environments is provided for application development across multiple platforms. Capabilities for running, debugging, and testing cloud applications are included. Collaborative efforts are facilitated by generating preview deployments in response to code modifications. Operations focus on streamlining cloud-based software processes for developers.
Who are the top competitors of Wing Cloud?
Wing Cloud's top competitors include Laszlo Systems, Timefold and Unison.
What products or services does Wing Cloud offer?
Wing Cloud offers Winglang.io.
Who are Wing Cloud's investors?
Wing Cloud has 10 investors. Key investors include Battery Ventures, Grove Ventures, StageOne Ventures, Secret Chord Ventures, and Cerca Partners.
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