Ziticity

Vilnius, Lithuania Founded: 2017 • Age: 9 yrs
Offers on-demand hyperlocal food delivery services for consumers.

About Ziticity

Ziticity is a company based in Vilnius (Lithuania) founded in 2017 by Laimonas Noreika. It operates as a B2C. Ziticity has raised $2.88 million across 3 funding rounds from investors including Startup Wise Guys, LatBAN and Practica Capital. The company has 2 employees as of June 30, 2022. Ziticity operates in a competitive market with competitors including Wolt, Foodout and Okay LT, among others.

  • Headquarter Vilnius, Lithuania
  • Employees 2 as on 30 Jun, 2022
  • Founders Laimonas Noreika
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ziticity Oü
Operational Areas
Consumer → Food & Beverage
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.88 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.47 M (USD), Seed

    Jun 29, 2020

  • Investors
  • Employee Count
    2

    as on Jun 30, 2022

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Funding Insights of Ziticity

Ziticity has successfully raised a total of $2.88M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.47 million completed in June 2020. 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 Rounds 3
  • Last Round Seed — $2.5M
  • First Round

    (01 Feb 2019)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Seed - Ziticity Valuation NordicNinja
Jul, 2019 Amount Seed - Ziticity Valuation Superangel
Feb, 2019 Amount Seed - Ziticity Valuation LatBAN
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ziticity

Ziticity has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Startup Wise Guys, LatBAN and Practica Capital. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Seed to growth VC firm funding companies in the Baltics
Founded Year Domain Location
Venture capital and startup accelerator focused on B2B and SaaS companies
Founded Year Domain Location
Superhero Capital is focused on seed funding for startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ziticity

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ziticity

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ziticity Comparisons

Employees
+
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Competitors of Ziticity

Ziticity 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 Wolt, Foodout and Okay LT, 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
Wolt is operated as a delivery platform for food and groceries.
domain founded_year HQ Location
Blog featuring content on food trends, travel guides, beauty tips, and lifestyle hacks.
domain founded_year HQ Location
Offers coupons and deals for restaurants, cafes, and bars.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ziticity

Frequently Asked Questions about Ziticity

When was Ziticity founded?

Ziticity was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Ziticity located?

Ziticity is headquartered in Vilnius, Lithuania.

Is Ziticity a funded company?

Ziticity is a funded company, having raised a total of $2.88M across 3 funding rounds to date. The company's 1st funding round was a Seed of $56.4K, raised on Feb 01, 2019.

How many employees does Ziticity have?

As of Jun 30, 2022, the latest employee count at Ziticity is 2.

What does Ziticity do?

Ziticity offers on-demand hyperlocal food delivery services for consumers, focusing on consumer services, delivery and logistics, offering food delivery services, and on-demand services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Ziticity?

Ziticity's top competitors include Wolt, Foodout and Okay LT.

Who are Ziticity's investors?

Ziticity has 7 investors. Key investors include Startup Wise Guys, LatBAN, Practica Capital, Superhero Capital, and Superangel.

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