# Jongla

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jongla

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.jongla.com
- Total disclosed funding: $5.3M
- Latest round: Series B (Nov 16, 2016)
- Investors on record: 5

## About

Jongla Ltd. is a Helsinki-based company specializing in messaging applications that prioritize user privacy and efficient communication, catering to both individuals and businesses across Europe and Asia.Founded in 2009, Jongla Ltd. operates out of Helsinki, Finland, providing messaging solutions that facilitate communication among users. The company successfully raised EUR 5 million in Series B financing on November 16, 2016, with participation from investors including Circlion Capital Oy, Ingman Foods Oy Ab, JSH Capital, Kontino Invest Oy, and Takoa Invest. The total amount raised by Jongla to date stands at EUR 5 million. The founder's previous ventures are not specified.Jongla offers a core product focused on messaging applications designed for seamless communication. The platform emphasizes user privacy and includes features such as chat functionalities, multimedia sharing, and group messaging. Aimed at enhancing user experience, Jongla caters to individuals and businesses, particularly in Europe and Asia, where there is a growing demand for secure messaging solutions.In 2017, Jongla reported revenue of EUR 195,000, with an EBITDA of EUR -473,428. The company’s revenue model centers on subscription-based services for individual and business clients, which include various pricing plans for messaging solutions. Partnerships with software providers and telecommunications firms support its B2B structure, while individual users can access the application for free, with optional upgrades available.Jongla plans to utilize the EUR 5 million raised in Series B financing to further develop its messaging applications, although specific new products and timelines for release have not been disclosed. The company is looking to expand its market reach, particularly targeting additional regions in Europe and Asia, to capitalize on the rising demand for secure communication tools. The recent funding is intended to enhance product features and accelerate market penetration.

## Funding rounds

- Series B, Nov 16, 2016, $5.3M — Ingman Foods Oy Ab, JSH Capital, Kontino Invest Oy, Takoa Invest, Circlion Capital Oy

## Investors

- Ingman Foods Oy Ab — Series B
- JSH Capital (https://capitalatlas.ai/funds/jsh-capital) — Series B
- Kontino Invest Oy — Series B
- Takoa Invest — Series B
- Circlion Capital Oy — Series B