About Zumo
Zumo is a company based in London (United Kingdom) founded in 2018 by Paul Roach and Nick Jones.. Zumo has raised $32.02 million across 7 funding rounds from investors including The Scottish National Investment Bank, Murray Capital and Guy Berryman. The company has 36 employees as of December 31, 2022. Zumo offers products and services including Crypto Invest, Oxygen, and Zumo Infinite. Zumo operates in a competitive market with competitors including Binance, Impossible Finance, Fasset, Yunphant and BetDEX, among others.
- Headquarter London, United Kingdom
- Employees 36 as on 31 Dec, 2022
- Founders Paul Roach, Nick Jones
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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- Legal Name Blockstar Holdings Limited
- Date of Incorporation 19 Mar, 2021
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.02 M (USD)
in 7 rounds
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Latest Funding Round
$11.8 M (USD), Series B
Apr 25, 2023
- Investors
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Employee Count
36
as on Dec 31, 2022
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Products & Services of Zumo
Zumo offers a comprehensive portfolio of products and services, including Crypto Invest, Oxygen, and Zumo Infinite. 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.
Enables customers to buy, hold, and sell digital assets securely.
Assists with MiCA sustainability and net-zero alignment requirements.
Unlocks web3 experiences for consumer and business applications.
Funding Insights of Zumo
Zumo has successfully raised a total of $32.02M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $11.8 million completed in April 2023. 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 7
- Last Round Series B — $11.8M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Series B - Zumo | Valuation |
investors |
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| Apr, 2022 | Amount | Series A - Zumo | Valuation |
investors |
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| Aug, 2021 | Amount | Series A - Zumo | Valuation | The Scottish National Investment Bank |
| 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 |
Investors in Zumo
Zumo has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include The Scottish National Investment Bank, Murray Capital and Guy Berryman. 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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Development investments are channeled into Scottish enterprises and projects.
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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 Zumo
| 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 - Zumo
| 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 |
Zumo Comparisons
Competitors of Zumo
Zumo 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 Binance, Impossible Finance, Fasset, Yunphant and BetDEX, 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 |
Online exchange platform for cryptocurrency
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Decentralized financial products are enabled via a DeFi platform.
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| domain | founded_year | HQ Location |
Fasset is recognized as a financial super app for managing investments and payments.
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| domain | founded_year | HQ Location |
Blockchain platform for financial applications is provided as a service.
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| domain | founded_year | HQ Location |
Blockchain-based sports betting platform using cryptocurrency is offered.
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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 Zumo
Frequently Asked Questions about Zumo
When was Zumo founded?
Zumo was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Zumo located?
Zumo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Zumo?
Nick Jones is the current CEO of Zumo. They have also founded this company.
Is Zumo a funded company?
Zumo is a funded company, having raised a total of $32.02M across 7 funding rounds to date. The company's 1st funding round was a Series A of $2.28M, raised on May 21, 2020.
How many employees does Zumo have?
As of Dec 31, 2022, the latest employee count at Zumo is 36.
What does Zumo do?
A digital-assets-as-a-service platform promoting sustainable finance. It provides businesses with the infrastructure to launch secure and compliant digital asset products. The platform offers modular, API-driven technology, enabling clients to buy, hold, and sell digital assets. It also focuses on compliance with regulations like MiCA, incorporating sustainability disclosure requirements and net-zero principles. The services are tailored for banks, fintechs, asset managers, and brands seeking to integrate digital assets into their offerings. The platform assists in mitigating the environmental impact of digital asset activities and provides resources and support for navigating regulatory compliance. It offers tools to measure, mitigate, and report on carbon footprints, aligning with ESG goals.
Who are the top competitors of Zumo?
Zumo's top competitors include Binance, Fasset and Blueprint Finance.
What products or services does Zumo offer?
Zumo offers Crypto Invest, Oxygen, and Zumo Infinite.
Who are Zumo's investors?
Zumo has 5 investors. Key investors include The Scottish National Investment Bank, Murray Capital, Guy Berryman, Steven Halliday, and Scottish Investment Bank.
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