# Rovo Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rovo-pte

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.rovo.co
- Total disclosed funding: $0.5M
- Latest round: Seed (Aug 14, 2018)
- Investors on record: 2

## About

Rovo Pte. Ltd. is a technology company specializing in connecting sports enthusiasts through a mobile application, enabling users to find teammates and opponents based on their sporting preferences and skill levels.Founded in 2017, Rovo Pte. Ltd. operates from its headquarters in Singapore. The company was established by James Dam, Joshua Newman, and Ritesh Angural, who currently serves as CEO. Rovo's innovative platform allows users to find local players for recreational and competitive sports. In August 2018, Rovo raised USD 0.473 million in Seed funding, led by East Ventures, with participation from Golden Gate Ventures, bringing the total amount raised to USD 0.473 million.Rovo provides a platform designed to connect sports players with nearby individuals seeking to engage in athletic activities. The mobile application facilitates the discovery of local players based on specific sports preferences and skill levels, enhancing user engagement and fostering community building among sports enthusiasts. The application caters to amateur and semi-professional athletes, recreational players, and fitness-focused individuals, primarily targeting urban areas across North America and Europe where access to sports facilities and community engagement is prevalent.In 2019, Rovo reported revenues of USD 0, with an EBITDA of USD -197,270.4. The company generates revenue through a subscription-based model, allowing users to access premium features that enhance their experience on the platform. Customers can choose from various pricing plans offering different functionalities, including advanced search capabilities and exclusive access to community events. Rovo maintains a B2C structure, with the majority of transactions occurring directly between the company and its users.Rovo plans to utilize its recent Seed funding for developing new features within its platform, enhancing user experience and expanding its reach. The company aims to launch an updated version of its mobile application by mid-2019, incorporating user feedback to improve functionality. Additionally, Rovo intends to expand its services into the Asia-Pacific market, targeting regions such as Australia and New Zealand by the end of 2020. The funding from the latest deal, completed in August 2018, will support these initiatives and facilitate marketing efforts in the new regions.

## Funding rounds

- Seed, Aug 14, 2018, $0.5M — Golden Gate Ventures, East Ventures

## Investors

- Golden Gate Ventures (https://capitalatlas.ai/funds/golden-gate-ventures) — Seed
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed