About Woomio
Woomio is a company based in Copenhagen (Denmark) founded in 2013 by Torsten Petersen was acquired by Kolsquare in December 2024.. Woomio has raised $9.19 million across 7 funding rounds from investors including Kolsquare, Vendep Capital and Danmarks Eksport- og Investeringsfond. The company has 10 employees as of November 30, 2024. Woomio operates in a competitive market with competitors including SuperAwesome, Opendorse, Influential, CreatorIQ and Klout, among others.
- Headquarter Copenhagen, Denmark
- Employees 10 as on 30 Nov, 2024
- Founders Torsten Petersen
- Stage Minicorn
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Sectors
Media & EntertainmentTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Woomio Aps
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Annual Revenue
$31.69 (USD)0as on Jan 31, 2015
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Net Profit
$-2.02 M (USD)-234as on Jan 31, 2022
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EBITDA
$-2.02 M (USD)-206as on Jan 31, 2022
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Total Equity Funding
$9.19 M (USD)
in 7 rounds
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Latest Funding Round
$5.05 M (USD), Series A
Feb 04, 2023
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Investors
Kolsquare
& 4 more
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Employee Count
10
as on Nov 30, 2024
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Acquired by
Kolsquare
(Dec 17, 2024)
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Funding Insights of Woomio
Woomio has successfully raised a total of $9.19M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $5.05 million completed in February 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 7
- Last Round Series A — $5.0M
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First Round
First Round
(10 Aug 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series A - Woomio | Valuation | Vendep Capital | |
| Dec, 2020 | Amount | Seed - Woomio | Valuation |
investors |
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| Jul, 2019 | Amount | Seed - Woomio | Valuation |
investors |
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| 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 Woomio
Woomio has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Kolsquare, Vendep Capital and Danmarks Eksport- og Investeringsfond. 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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Tech focused Accelerator & VC firm investing primarily in the US, the UK and Finland
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Founded Year | Domain | Location | |
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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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Founded Year | Domain | Location | |
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Seed-stage investments in tech companies are made globally.
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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 Woomio
| 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 - Woomio
| 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 |
Woomio Comparisons
Competitors of Woomio
Woomio 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 SuperAwesome, Opendorse, Influential, CreatorIQ and Klout, 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 |
Kid-safe programmatic ad platform for under-13 audiences is operated.
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| domain | founded_year | HQ Location |
Influencer marketing for athletes is facilitated through a specialized platform.
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| domain | founded_year | HQ Location |
Influencer marketing platform is provided for social media content monetization.
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| domain | founded_year | HQ Location |
Influencer marketing platform for enterprises
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| domain | founded_year | HQ Location |
Social media influence is measured via data from multiple networks.
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| domain | founded_year | HQ Location |
Brands are connected with influencers via a marketing platform.
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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 Woomio
Frequently Asked Questions about Woomio
When was Woomio founded?
Woomio was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Woomio located?
Woomio is headquartered in Copenhagen, Denmark.
Is Woomio a funded company?
Woomio is a funded company, having raised a total of $9.19M across 7 funding rounds to date. The company's 1st funding round was a Seed of $487.25K, raised on Aug 10, 2014.
How many employees does Woomio have?
As of Nov 30, 2024, the latest employee count at Woomio is 10.
What is the annual revenue of Woomio?
Annual revenue of Woomio is $31.69 as on Jan 31, 2015.
What does Woomio do?
Woomio was founded in 2013 in Copenhagen, Denmark, within the software sector focused on influencer marketing. Tools are offered to marketers and agencies for identifying suitable influencers to connect, engage, and promote campaigns. Resources for tracking engagement rates and overall campaign performance are also included, supporting data-driven decisions in digital marketing operations.
Who are the top competitors of Woomio?
Woomio's top competitors include SuperAwesome, CreatorIQ and The Good Creator.
Who are Woomio's investors?
Woomio has 5 investors. Key investors include Kolsquare, Vendep Capital, Danmarks Eksport- og Investeringsfond, KickAss Capital, and Startupbootcamp.
What is Woomio's valuation?
The valuation of Woomio is $9.42M as of Dec 2020.