Wazoku - About the company
Wazoku is a series B company based in London (United Kingdom), founded in 2011 by Simon Hill, James William Peter King and Rosemarie Diegnan. It operates as a Provider of cloud-based idea management software solutions. Wazoku has raised $18.1M in funding from investors like Octopus Ventures, Calculus Capital and Cambridge Angels, with a current valuation of $*****. The company has 288 active competitors, including 33 funded and 20 that have exited. Its top competitors include companies like Bluescape, Agorize and Visits.
Company Details
Provider of cloud-based idea management software solutions. The software allows organizations to gather, manage, develop, implement, ideas, and reward employees. The product offerings include an idea management platform that allows employees to share ideas and collaborate to share views on ideas and compare and vote on ideas and it generates leaderboards and reports to identify top ideas and reward and recognize employees.
- Website
- www.wazoku.com/
- Email ID
- *****@wazoku.com
- Phone Number
- +44 **********
Key Metrics
Founded Year
2011
Location
London, United Kingdom
Stage
Series B
Total Funding
$18.1M in 10 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 01, 2019
Investors
Ranked
2nd among 288 active competitors
Annual Revenue
£5.35M as on Mar 31, 2025
Employee Count
75 as on Mar 31, 2025
Legal entities associated with Wazoku
Wazoku is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WAZOKU LIMITED CIN: 7540637 , Germany, Active | Feb 22, 2011 | - | 75 (As on Mar 31, 2025) | |
SOFAR SOUNDS LIMITED CIN: 7561876 , United Kingdom, Active | Mar 13, 2011 | $6.83M (As on Mar 31, 2025) | 28 (As on Jan 31, 2019) |
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Wazoku's funding and investors
Wazoku has raised a total funding of $18.1M over 10 rounds. Its first funding round was on Apr 21, 2011. Its latest funding round was a Series B round on Sep 28, 2022 for $*****. 2 investors participated in its latest round. Wazoku has 11 institutional investors and 49 angel investors.
Here is the list of recent funding rounds of Wazoku:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 28, 2022 | 8894110 | Series B | 7321410 | 2753107 | 4172518 | 8466014 |
Mar 16, 2022 | 5331834 | Conventional Debt | 3393254 | 2906317 | 1589804 | |
Jul 10, 2020 | 5736936 | Series A | 7424715 | 7106724 | 9888501 |
View details of Wazoku's funding rounds and investors
Wazoku's founders and board of directors
Founder? Claim ProfileThe founders of Wazoku are Simon Hill, James William Peter King and Rosemarie Diegnan. Simon Hill is the CEO of Wazoku.
Here are the details of Wazoku's key team members:
- Simon Hill: Co-Founder & CEO of Wazoku. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 2 email addresses
- James William Peter King: Former Co-Founder of Wazoku and founder of 1 other company. They serve on the boards of 2 companies.
- Rosemarie Diegnan: Co-Founder & CPO of Wazoku.
Wazoku's Board of Directors
Wazoku's board has 5 active members. Simon Hill, Alexander Crawford and John Yeomans are part of team and Martin Dale Fincham and Christopher John Holdsworth are independent board members.Here is the list of Wazoku's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 8m | |
mbfnghn | Team | - | Past | 1y 9m |
Investor | Calculus Capital | Current | 6y 11m | |
Investor | - | Current | 13y 1m | |
Independent board member | - | Current | 9y 7m | |
kcmyzez | Independent board member | - | Current | 6y 4m |
View details of Wazoku's Founder profiles and Board Members
Wazoku's employee count trend
Wazoku has 75 employees as of Mar 25. The total employee count is 12.0% lower than what it was in Mar 24. Here is Wazoku's employee count trend over the years:
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Wazoku's Competitors and alternates
Top competitors of Wazoku include Bluescape, Agorize and Visits. Here is the list of Top 10 competitors of Wazoku, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bluescape 2012, San Carlos (United States), Unfunded | Visual collaborative workspace for teams | - | - | 61/100 |
2nd | Wazoku 2011, London (United Kingdom), Series B | Provider of cloud-based idea management software solutions | $18.1M | 60/100 | |
3rd | Cloud-based innovation management platform for idea management | $17.6M | 56/100 | ||
4th | Provides AI interfaced idea management solutions | $25.4M | 54/100 | ||
5th | Iprova 2010, Lausanne (Switzerland), Funding Raised | AI-based invention assistance platform | - | 51/100 | |
6th | Idea generation, innovation management and co-creation of products or services | - | 49/100 | ||
7th | AI powered idea management software | - | 46/100 | ||
8th | Cloud-based innovation management software provider | $2.63M | 44/100 | ||
9th | Provider of innovation management solution for enterprises | $109K | 44/100 | ||
10th | Cloud-based idea management software provider | $1.24M | 42/100 |
Looking for more details on Wazoku's competitors? Click here to see the top ones
Wazoku's Investments and acquisitions
Wazoku has not made any investments yet. Wazoku has made 5 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 14, 2023 | Acquisition | 2019 | Mainz (Germany) | |
Jan 24, 2023 | Acquisition | 2014 | London (United Kingdom) | |
Sep 28, 2022 | Acquisition | 2019 | Copenhagen (Denmark) |
See all acquisitions by Wazoku
News related to Wazoku
Media has covered Wazoku for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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Wazoku Partners With Gates Foundation For Open Innovation Challenge On Climate-resilient Cropsigrownews.com•Jan 27, 2025•Wazoku, Gates Foundation
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Angelini Pharma Seeks Solutions for New Drug Delivery Systems and TreatmentsPharmtech•Jul 02, 2024•Angelini Pharma, Wazoku
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