# Actimo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/actimo-aps

- Industry: Software
- Headquarters: Copenhagen, Denmark
- Website: www.actimo.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Jun 7, 2017)
- Investors on record: 1

## About

Actimo ApS is a mobile-first platform that enhances internal communication and training for non-desk employees, fostering engagement and improving organizational performance through intuitive digital solutions.Founded in 2010 and headquartered in Copenhagen, Denmark, Actimo ApS specializes in mobile communication solutions for non-desk employees. In September 2020, Actimo was acquired by Kahoot! AS, a portfolio company of Creandum, Datum AS, Disney Accelerator, M12, Northzone Ventures, and Norwegian Research Council. The founder has a history of entrepreneurship, although specific details about previous ventures are not provided. Actimo has raised a total of USD 2.50 mn, with its latest funding round being a Series A, valued at USD 2.50 mn, from Promentum Capital. The company has engaged in 2 deals to date.Actimo offers a mobile-first platform designed to enhance internal communication and training for non-desk employees across various industries. Its core product promotes engagement through an intuitive application that enables businesses to share important updates, facilitate corporate learning, and streamline onboarding processes. The platform includes features like micro-learning, real-time feedback mechanisms, and personalized news feeds catering to specific departments or locations. Serving over 200 prominent brands, Actimo connects and engages more than one million employees in 80 countries, with key markets in Europe, North America, and Asia.Actimo generates revenue primarily through subscription models, offering tiered pricing plans that cater to various business needs. Clients typically engage in annual or multi-year contracts, gaining access to a comprehensive suite of services, including mobile communication tools, training modules, and performance analytics. Actimo’s flagship product supports seamless communication while facilitating employee onboarding and continuous learning, ultimately contributing to higher retention rates and improved organizational performance. In the most recent financial year of 2023, Actimo reported an EBITDA of USD 136,891.6.Actimo plans to leverage its recent acquisition to enhance its product offerings and expand its market presence. Future product developments are expected to focus on advanced analytics and enhanced user engagement tools, though specific release dates have not been disclosed. The company is targeting expansion into new geographic regions, including further penetration in North America and Asia, by the end of 2023. The funding from the Series A round will be utilized to support these growth initiatives, reinforcing Actimo's commitment to improving employee engagement through innovative solutions.

## Funding rounds

- Series A, Jun 7, 2017, $2.5M — Promentum Capital

## Investors

- Promentum Capital (https://capitalatlas.ai/funds/promentum-capital) — Series A