Fortumo Overview

  • Founded
  • 2007
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 89
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $45M
Latest Deal Amount

Fortumo General Information

Description

Developer of a digital enablement platform designed for telco bundling, carrier billing, and messaging. The company's platform connects service providers with mobile operators to manage the end-to-end customer lifecycle of mobile users on these networks, thereby enabling businesses to monetize by billing their users in different countries.

Contact Information

Website
www.fortumo.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Other Financial Services
Parent Company
Primary Office
  • Rüütli 7
  • Tartu, 51007
  • Estonia
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Fortumo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 01-Jul-2020 $45M 0000 0000 Completed Profitable
1. Later Stage VC (Series A) 21-Feb-2013 0000 0000 Completed Profitable
To view Fortumo’s complete valuation and funding history, request access »

Fortumo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a digital enablement platform designed for telco bundling, carrier billing, and messaging. The company's pl
Financial Software
Tartu, Estonia
89 As of 2021
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Vienna, Austria
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San Francisco, CA
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Fortumo Competitors (45)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
DaoPay Venture Capital-Backed Vienna, Austria 00 000 000000000 000
000000 Venture Capital-Backed San Francisco, CA 0000 00.000 00000000000 00.000
0000 000000 Private Equity-Backed Dubai, United Arab Emirates 000000000000
0000 Formerly VC-backed San Francisco, CA 000 00000 000000000 00000
0000000 00000 Formerly PE-Backed London, United Kingdom 0000 000 000000000 000
You’re viewing 5 of 45 competitors. Get the full list »

Fortumo Executive Team (21)

Name Title Board Seat Contact Info
Martin Koppel Co-Founder and Chief Executive Officer
Raavo Leiten Chief Financial Officer
Andrei Dementjev Chief Operating Officer
Berit Pooga Head, Accounting
Tanel Kosk Head, Architect
You’re viewing 5 of 21 executive team members. Get the full list »

Fortumo Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Fortumo Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Greycroft Venture Capital Minority 000 0000 000000 0
Intel Capital Corporate Venture Capital Minority 000 0000 000000 0
Mobi Solutions Holding Company Minority 000 0000 000000 0
Superangel Angel Group Minority 000 0000 000000 0
To view Fortumo’s complete investors history, request access »