About Yroo
Yroo is a company based in Toronto (Canada) founded in 2014 by Nick Zhu. It operates as a B2C. Yroo has raised $11 million across 1 funding round. Yroo operates in a competitive market with competitors including ShopSavvy, ReviewZAP, ASAP Discounts, Kicks Deals and TinyMassive Technologies, among others.
- Headquarter Toronto, Canada
- Founders Nick Zhu
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Sectors
Technology
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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
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Seed
Aug 11, 2016
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Investors
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Employee Count
Employee Count
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Funding Insights of Yroo
Yroo has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Seed round of $11 million completed in August 2016. 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 1
- Last Round Seed — $11.0M
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First Round
First Round
(11 Aug 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Seed - Yroo | 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 |
Investments & Acquisitions by Yroo
| 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 - Yroo
| 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 |
Yroo Comparisons
Competitors of Yroo
Yroo 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 ShopSavvy, ReviewZAP, ASAP Discounts, Kicks Deals and TinyMassive Technologies, 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 |
Barcodes are scanned via ShopSavvy app for retailer price comparisons.
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| domain | founded_year | HQ Location |
Data-driven product reviews and comparisons are provided for diverse sectors.
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| domain | founded_year | HQ Location |
Voucher code and daily deal website
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| domain | founded_year | HQ Location |
Digital coupons for apparel and footwear are discovered online.
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| domain | founded_year | HQ Location |
Operates an online platform for price comparison.
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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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Frequently Asked Questions about Yroo
When was Yroo founded?
Yroo was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Yroo located?
Yroo is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Yroo a funded company?
Yroo is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Seed of $11M, raised on Aug 11, 2016.
What does Yroo do?
Yroo, founded in 2014 in Toronto, Canada, focuses on leveraging cutting-edge technology, search engines, e-commerce search, and product discovery. Functions as a search engine for discovering products, stores, and promotions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Yroo?
Yroo's top competitors include ShopSavvy, ReviewZAP and Kicks Deals.
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