About Yoobic
Yoobic is a company based in New York (United States) founded in 2014 by Gilles Haiat, Fabrice Haiat, and Avi Haiat.. Yoobic has raised $97.2 million across 4 funding rounds from investors including Highland Europe, Felix Capital and Insight Partners. The company has 10 employees as of March 31, 2017. Yoobic has completed 2 acquisitions, including Heystan and SimpliField. Yoobic offers products and services including Frontline Employee Experience Platform, Employee Communication, Mobile Learning, and Task Management. Yoobic operates in a competitive market with competitors including Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
- Headquarter New York, United States
- Employees 10 as on 31 Mar, 2017
- Founders Gilles Haiat, Fabrice Haiat, Avi Haiat
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Yoobic 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
$97.2 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series C
Jul 22, 2021
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Investors
Highland Europe
& 2 more
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Employee Count
10
as on Mar 31, 2017
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Investments & Acquisitions
Heystan
& 1 more
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Products & Services of Yoobic
Yoobic offers a comprehensive portfolio of products and services, including Frontline Employee Experience Platform, Employee Communication, Mobile Learning, and Task Management. 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.
Tool for retail communication and task management
Real-time messaging for team updates and engagement
On-the-go modules for employee skill development
System for assigning and tracking daily tasks
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Funding Insights of Yoobic
Yoobic has successfully raised a total of $97.2M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in July 2021. 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 C — $50.0M
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First Round
First Round
(07 Sep 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series C - Yoobic | Valuation | Highland Europe | |
| May, 2018 | Amount | Series B - Yoobic | Valuation | Insight Partners | |
| Nov, 2017 | Amount | Series A - Yoobic | Valuation | Felix Capital |
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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 Yoobic
Yoobic has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Highland Europe, Felix Capital and Insight Partners. 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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Growth-stage consumer and enterprise technology companies are funded.
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Founded Year | Domain | Location | |
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Tech companies are funded by this London-based venture capital firm.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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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 Yoobic
Yoobic has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Heystan and SimpliField. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Learning management software is provided for restaurant staff training.
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2021 | ||||
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Saas for field teams
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Yoobic
| 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 |
Yoobic Comparisons
Competitors of Yoobic
Yoobic 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 Legion, WorkJam, Harri, Work Market and Eden Workplace, 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 |
Workforce management solutions are provided through intelligent automation technology.
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| domain | founded_year | HQ Location |
Hourly workforce schedules and communications are managed via software.
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| domain | founded_year | HQ Location |
Recruitment and workforce management are offered for hospitality.
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| domain | founded_year | HQ Location |
Freelance management, payments, and reporting are facilitated by AI software.
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| domain | founded_year | HQ Location |
SaaS-based workplace management software for offices is delivered.
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| domain | founded_year | HQ Location |
Cloud-based HCM software is provided for enterprise HR processes.
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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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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 Yoobic
Frequently Asked Questions about Yoobic
When was Yoobic founded?
Yoobic was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Yoobic located?
Yoobic is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Yoobic?
Fabrice Haiat is the current CEO of Yoobic. They have also founded this company.
Is Yoobic a funded company?
Yoobic is a funded company, having raised a total of $97.2M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5.3M, raised on Sep 07, 2016.
How many employees does Yoobic have?
As of Mar 31, 2017, the latest employee count at Yoobic is 10.
What does Yoobic do?
Yoobic was founded in 2014 in New York, United States, as a platform focused on frontline employee experiences. Operations center on sectors such as retail, hospitality, fashion, and logistics. Services include tools for communications, mobile learning, and digitized task management, with AI applied for instructional prompts, content generation, performance analysis, training automation, and issue resolution. The model is subscription-based.
What products or services does Yoobic offer?
Yoobic offers Frontline Employee Experience Platform, Employee Communication, Mobile Learning, and Task Management.
How many acquisitions has Yoobic made?
Yoobic has made 2 acquisitions, including Heystan, and SimpliField.
Who are Yoobic's investors?
Yoobic has 3 investors. Key investors include Highland Europe, Felix Capital, and Insight Partners.
What is Yoobic's valuation?
The valuation of Yoobic is $155M as of May 2018.
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