About WOO
WOO is a company based in Taipei (Taiwan) founded in 2019 by Mark Pimentel and Jack Tan.. WOO has raised $61 million across 4 funding rounds from investors including Binance, Amber Group and BitMart. WOO offers products and services including WOOFi, WOO X, and WOO STAKE. WOO operates in a competitive market with competitors including Paradigm, Crossover Markets, Elwood, SFOX and Easy Crypto, among others.
- Headquarter Taipei, Taiwan
- Founders Mark Pimentel, Jack Tan
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$61 M (USD)
in 4 rounds
-
Latest Funding Round
$9 M (USD), Series A
Jan 18, 2024
-
Investors
Binance
& 29 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of WOO
WOO offers a comprehensive portfolio of products and services, including WOOFi, WOO X, and WOO STAKE. 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 crosschain swaps and trading on multiple blockchains.
Platform for futures and spot trading with social features.
App for earning yields through onchain staking activities.
Unlock access to complete
Funding Insights of WOO
WOO has successfully raised a total of $61M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in January 2024. 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 4
- Last Round Series A — $9.0M
-
First Round
First Round
(01 Oct 2020)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - WOO | Valuation | Wintermute , Time Research | |
| Jan, 2022 | Amount | Series A - WOO | Valuation | Binance | |
| Nov, 2021 | Amount | Series A - WOO | Valuation | Three Arrows Capital , Soteria Ventures |
| 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 WOO
WOO has secured backing from 30 investors, including institutional and venture fund investors. Prominent investors backing the company include Binance, Amber Group and BitMart. 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 |
|---|---|---|---|---|
|
Venture capital fund investment in early-stage startups
|
Founded Year | Domain | Location | |
|
Early-stage venture capital firm investing in the US and UK
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on multiple sectors
|
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 WOO
| 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 - WOO
| 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 |
Woo Comparisons
Competitors of WOO
WOO 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 Paradigm, Crossover Markets, Elwood, SFOX and Easy Crypto, 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 |
Automated cryptocurrency trading is facilitated through an online platform.
|
|
| domain | founded_year | HQ Location |
Digital asset exchange platform developed for institutional crypto trading.
|
|
| domain | founded_year | HQ Location |
Digital asset trading and management solutions are provided by Elwood.
|
|
| domain | founded_year | HQ Location |
Online Bitcoin broker
|
|
| domain | founded_year | HQ Location |
Cryptocurrency trading is enabled for businesses, trusts, and super funds.
|
| 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 Woo
Frequently Asked Questions about WOO
When was WOO founded?
WOO was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is WOO located?
WOO is headquartered in Taipei, Taiwan.
Is WOO a funded company?
WOO is a funded company, having raised a total of $61M across 4 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Oct 01, 2020.
What does WOO do?
WOO was founded in 2019 in Taipei, Taiwan, as an app-based platform in the cryptocurrency sector. Liquidity and trading services are provided, including options for buying, trading crypto options, and launchpad solutions. Real-time portfolio values, cryptocurrency prices, and charts are accessible to users. The platform is available via apps for Android and iOS devices.
Who are the top competitors of WOO?
WOO's top competitors include Crossover Markets, Elwood and SFOX.
What products or services does WOO offer?
WOO offers WOOFi, WOO X, and WOO STAKE.
Who are WOO's investors?
WOO has 30 investors. Key investors include Binance, Amber Group, BitMart, MEXC Global, and Wintermute.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.