About Wingbits
Wingbits is a company based in Stockholm (Sweden) founded in 2023 by Robin Wingardh.. Wingbits has raised $9.1 million across 2 funding rounds from investors including Tribe Capital, Bullish and Borderless. Wingbits offers products and services including ADS-B Station and Wingbits Platform. Wingbits operates in a competitive market with competitors including FlightAware, Lumo, FlightCaster, Plane Finder and LiveATC, among others.
- Headquarter Stockholm, Sweden
- Founders Robin Wingardh
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.1 M (USD)
in 2 rounds
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Latest Funding Round
$5.6 M (USD), Series A
Jan 22, 2025
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Investors
Tribe Capital
& 6 more
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Employee Count
Employee Count
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Products & Services of Wingbits
Wingbits offers a comprehensive portfolio of products and services, including ADS-B Station and Wingbits Platform. 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.
Captures real-time flight data for sharing and earning rewards.
Enables flight tracking and crypto rewards through community participation.
Funding Insights of Wingbits
Wingbits has successfully raised a total of $9.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.6 million completed in January 2025. 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 2
- Last Round Series A — $5.6M
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First Round
First Round
(01 Jun 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series A - Wingbits | Valuation | Borderless Capital , Bullish | |
| Jun, 2024 | Amount | Seed - Wingbits | Valuation | Borderless Capital , Tribe Capital |
| 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 Wingbits
Wingbits has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Tribe Capital, Bullish and Borderless. 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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Venture capital funding and acceleration are provided to sector-agnostic startups.
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Advisory, venture capital, and startup services for blockchain are provided.
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Investments are made in global seed and early-stage 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Wingbits
| 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 - Wingbits
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Wingbits Comparisons
Competitors of Wingbits
Wingbits 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 FlightAware, Lumo, FlightCaster, Plane Finder and LiveATC, 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 |
Real-time flight tracking and data services are provided globally.
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| domain | founded_year | HQ Location |
AI-powered tools are provided by Lumo for flight disruption management.
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| domain | founded_year | HQ Location |
Provides predictions for flight delays to assist travelers.
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| domain | founded_year | HQ Location |
Operates a digital hub for real-time tracking of flights worldwide.
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Platform for streaming live air traffic control communications worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Wingbits
Frequently Asked Questions about Wingbits
When was Wingbits founded?
Wingbits was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Wingbits located?
Wingbits is headquartered in Stockholm, Sweden.
Who is the current CEO of Wingbits?
Robin Wingardh is the current CEO of Wingbits. They have also founded this company.
Is Wingbits a funded company?
Wingbits is a funded company, having raised a total of $9.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Jun 01, 2024.
What does Wingbits do?
Wingbits was founded in 2023 in Stockholm, Sweden, as a platform in the aviation sector. Flight tracking data is collected and shared through a decentralized physical infrastructure network. Community contributions are incentivized with bonus rewards for users. Aircraft position information is provided to support the broader aviation community, with operations centered on collaborative data gathering.
Who are the top competitors of Wingbits?
Wingbits's top competitors include FlightAware, Lumo and FlightCaster.
What products or services does Wingbits offer?
Wingbits offers ADS-B Station and Wingbits Platform.
Who are Wingbits's investors?
Wingbits has 7 investors. Key investors include Tribe Capital, Bullish, Borderless, Spartan Group, and Antler.
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