About Youtility
Youtility is a company based in London (United Kingdom) founded in 2016 was acquired by Squeeze in October 2023.. Youtility has raised $5.83 million across 2 funding rounds from investors including Barclays, Squeeze and Michael Spencer. The company has 12 employees as of September 30, 2022. Youtility offers products and services including Youtility Platform. Youtility operates in a competitive market with competitors including Cleo AI, Plum, Snoop, Oval Money and Emma, among others.
- Headquarter London, United Kingdom
- Employees 12 as on 30 Sep, 2022
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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 Youtility Limited
- Date of Incorporation 30 Sep, 2015
- Jurisdiction WARWICK, ENGLAND
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Products & Services of Youtility
Youtility offers a comprehensive portfolio of products and services, including Youtility 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.
Tool for embedded utility and telecom management in banking apps.
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Funding Insights of Youtility
Youtility has successfully raised a total of $5.83M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(24 Feb 2020)
- Investors Count 3
Investors in Youtility
Youtility has secured backing from 4 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Barclays, Squeeze and Michael Spencer. 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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Ascension is recognized as a venture capital firm focused on early-stage tech investments.
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Founded Year | Domain | Location | |
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Diversified financial services are provided across global markets.
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Founded Year | Domain | Location | |
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MS
Michael Spencer |
Angel investor focusing on Indian startups, tech enthusiast
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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 Youtility
| 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 - Youtility
| 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 |
Youtility Comparisons
Competitors of Youtility
Youtility 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 Cleo AI, Plum, Snoop, Oval Money and Emma, 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 |
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| domain | founded_year | HQ Location |
Cloud and AI-based chatbots for personal finance management are offered.
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| domain | founded_year | HQ Location |
AI-based platform for automated personal spend management is provided.
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| domain | founded_year | HQ Location |
Expense management for individuals is enabled via a mobile app.
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| domain | founded_year | HQ Location |
App for financial planning, savings and P2P lending
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| domain | founded_year | HQ Location |
Money management tools are offered via an app for individuals.
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| domain | founded_year | HQ Location |
Online platform for personal finance management
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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 Youtility
Frequently Asked Questions about Youtility
When was Youtility founded?
Youtility was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Youtility located?
Youtility is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Youtility a funded company?
Youtility is a funded company, having raised a total of $5.83M across 2 funding rounds to date.
How many employees does Youtility have?
As of Sep 30, 2022, the latest employee count at Youtility is 12.
What does Youtility do?
Youtility was established in 2016 in London, United Kingdom, as a platform in the personal financial management sector. Bank accounts are connected by users to enable monitoring of income, expenses, and bill payments. Operations focus on streamlined financial oversight through an iOS application, supporting individual budgeting and transaction management in the fintech space.
Who are the top competitors of Youtility?
Youtility's top competitors include Plum, Cleo AI and Oval Money.
What products or services does Youtility offer?
Youtility offers Youtility Platform.