Bzzt Overview
- Year Founded
-
2014
- Status
-
Acquired/Merged
- Employees
-
52
- Latest Deal Type
-
M&A
Bzzt General Information
Description
Provider of logistic services intended to offer people, food and parcels to ride in the same vehicles. The company's services offer a small and electric-powered vehicle for short trips in the city which can be booked by a mobile application, enabling users to get access to pick-up services at affordable rates.
Contact Information
Website
www.bzzt.se(Operating Subsidiary)
Corporate Office
- Rörstrandsgatan 60
- 113 40 Stockholm
- Sweden
Corporate Office
- Rörstrandsgatan 60
- 113 40 Stockholm
- Sweden
Bzzt Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 13-Oct-2023 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 03-Jun-2019 | Completed | Generating Revenue | |||
| 6. Grant | 15-Mar-2019 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 21-Dec-2018 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 10-Oct-2017 | Completed | Generating Revenue | |||
| 3. Equity Crowdfunding | 14-Jul-2017 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 01-Dec-2016 | $328K | $328K | Completed | Generating Revenue | |
| 1. Grant | $11.2K | Completed | Startup |
Bzzt Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Preference |
Bzzt Signals
Bzzt Former Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Dynaventures | Venture Capital | Minority | ||
| Energimyndigheten | Government | |||
| Angel (individual) | Minority |
Bzzt Acquisitions (1)
Bzzt’s most recent deal was a Merger/Acquisition with Favo (Logistical Chain). The deal was made on 24-Mar-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Favo (Logistical Chain) | 24-Mar-2022 | Merger/Acquisition | Logistics |
Bzzt Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Bzzt Stockholm | Gothenburg, Sweden | 2017 |
Bzzt FAQs
-
When was Bzzt founded?
Bzzt was founded in 2014.
-
Where is Bzzt headquartered?
Bzzt is headquartered in Stockholm, Sweden.
-
What is the size of Bzzt?
Bzzt has 52 total employees.
-
What industry is Bzzt in?
Bzzt’s primary industry is Logistics.
-
Is Bzzt a private or public company?
Bzzt is a Private company.
-
What is Bzzt’s current revenue?
The current revenue for Bzzt is .
-
How much funding has Bzzt raised over time?
Bzzt has raised $5.81M.
-
Who are Bzzt’s investors?
, , Dynaventures, Energimyndigheten, and are 5 of 15 investors who have invested in Bzzt.
-
When was Bzzt acquired?
Bzzt was acquired on 13-Oct-2023.
-
Who acquired Bzzt?
Bzzt was acquired by MoveByBike Europe.
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