About ZAR X
ZAR X is a company based in Johannesburg (South Africa) founded in 2015 by Etienne Nel. It operates as a B2B. ZAR X has raised $58.23 million across 1 funding round from investors including PIC. ZAR X offers products and services including Website Design, SEO Services, PPC Advertising, Graphic Designing, and Web Hosting. ZAR X operates in a competitive market with competitors including A2X Markets, JSE, Cape Town Stock Exchange, Applied Derivatives and MTN Zakhele Futhi, among others.
- Headquarter Johannesburg, South Africa
- Founders Etienne Nel
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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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- Legal Name Web Force Coherence (Pty) Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$58.23 M (USD)
in 1 rounds
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Latest Funding Round
$58.23 M (USD), Series B
Jan 26, 2018
- Investors
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Employee Count
Employee Count
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Products & Services of ZAR X
ZAR X offers a comprehensive portfolio of products and services, including Website Design, SEO Services, PPC Advertising, Graphic Designing, and Web Hosting. 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.
Custom website creation for business needs in South Africa
Optimization to generate organic traffic for websites
Pay-per-click campaigns on platforms like Google
Professional designs to enhance business branding
Self-managed hosting for business websites and emails
Funding Insights of ZAR X
ZAR X has successfully raised a total of $58.23M through 1 strategic funding round. The most recent funding activity was a Series B round of $58.23 million completed in January 2018. 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 Series B — $58.2M
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First Round
First Round
(26 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series B - ZAR X | Valuation |
investors |
| 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 ZAR X
ZAR X has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PIC. 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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VC & PE firm
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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 ZAR X
| 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 - ZAR X
| 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 |
Zar X Comparisons
Competitors of ZAR X
ZAR X 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 A2X Markets, JSE, Cape Town Stock Exchange, Applied Derivatives and MTN Zakhele Futhi, 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 |
Stock exchange
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| domain | founded_year | HQ Location |
Equities and securities are traded on the Johannesburg Stock Exchange.
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| domain | founded_year | HQ Location |
Stock exchange platform for small- and medium-sized businesses is operated.
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| domain | founded_year | HQ Location |
Operates as a stock exchange facilitating financial trading and market operations.
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| domain | founded_year | HQ Location |
Empowerment scheme for black investors in MTN Group is facilitated.
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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 Zar X
Frequently Asked Questions about ZAR X
When was ZAR X founded?
ZAR X was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is ZAR X located?
ZAR X is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Who is the current CEO of ZAR X?
Etienne Nel is the current CEO of ZAR X. They have also founded this company.
Is ZAR X a funded company?
ZAR X is a funded company, having raised a total of $58.23M across 1 funding round to date. The company's 1st funding round was a Series B of $58.23M, raised on Jan 26, 2018.
What does ZAR X do?
Web Force is a digital service provider based in South Africa, specializing in custom website design, SEO optimization, PPC advertising, and graphic designing. They assist businesses in enhancing online visibility through affordable solutions and technical expertise. Services include web hosting and business emails, aimed at generating traffic and supporting growth. Clients praise their efficient support and professional outcomes.
Who are the top competitors of ZAR X?
ZAR X's top competitors include JSE, A2X Markets and Cape Town Stock Exchange.
What products or services does ZAR X offer?
ZAR X offers Website Design, SEO Services, PPC Advertising, Graphic Designing, and Web Hosting.
Who are ZAR X's investors?
ZAR X has 1 investor. Key investors include PIC.