# MaaS Global

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maas-global

- Industry: Internet
- Headquarters: Helsinki, Finland
- Website: www.whimapp.com
- Total disclosed funding: $11M
- Latest round: Seed (Jun 19, 2017)
- Investors on record: 6

## About

Based in Finland, MaaS Global Oy develops a mobility-as-a-service platform that integrates various transportation services into a single user-friendly application, enhancing convenience and accessibility for users on-the-go.MaaS Global Oy, founded in 2015 in Helsinki, Finland, specializes in mobility-as-a-service solutions that enhance urban transportation. The company has undergone significant developments, securing a total of EUR 29.50 mn in funding through multiple rounds, with the latest round occurring in March 2022, featuring investors such as BP Ventures and Mitsubishi Corporation. The firm's CEO is Sampo Hietanen, who has a history of leadership in transport and technology sectors.WhimApp offers a comprehensive suite of services aimed at optimizing user engagement and operational efficiency for mobile application firms. Its platform facilitates seamless interactions between developers and end-users, addressing challenges like user retention and feedback collection. Targeting developers and businesses, WhimApp's solutions are accessible in key markets including North America and Europe, catering to a diverse clientele ranging from startups to established enterprises looking to enhance their app performance.In the most recent financial year of 2023, WhimApp reported a revenue of EUR 3,062,702, alongside an EBITDA of EUR -511,622. The firm operates on a subscription-based service model, allowing businesses to select from various tiers tailored to their development needs, thereby supporting a steady revenue stream and fostering long-term partnerships with clients.MaaS Global Oy is focused on expanding its platform offerings and enhancing its market presence. Plans include the development of new features aimed at improving user experience, scheduled for release in the upcoming quarters. The company is also targeting geographic expansion into additional European markets by 2024. The recent funding of EUR 29.50 mn will support these initiatives and bolster its capabilities in a competitive industry. Additionally, in March 2022, new investors acquired a stake in MaaS Global Oy, indicative of strategic growth efforts.

## Funding rounds

- Seed, Jun 19, 2017, $11M — Hansea NV, Toyota Financial Services, DENSO Ventures, Veho Oy Ab, Aioi Nissay Dowa Insurance Company, Karsan Otomotiv Sanayii ve Tic. A.S.

## Investors

- Hansea NV — Seed
- Toyota Financial Services — Seed
- DENSO Ventures (https://capitalatlas.ai/funds/denso-ventures) — Seed
- Veho Oy Ab — Seed
- Aioi Nissay Dowa Insurance Company — Seed
- Karsan Otomotiv Sanayii ve Tic. A.S. — Seed
