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 344 active competitors, including 38 funded and 20 that have exited. Its top competitors include companies like Agorize, GitMind and Bluescape.
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
3rd among 344 active competitors
Annual Revenue
£1M - £10M 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 | £1M - £10M (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 | 6500337 | Series B | 1226001 | 6934443 | 2718457 | 2232096 |
Mar 16, 2022 | 4713769 | Conventional Debt | 6490055 | 6033612 | 2437540 | |
Jul 10, 2020 | 6725660 | Series A | 4646648 | 7171801 | 2061685 |
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, John Yeomans and Alexander Crawford 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 | 15y 2m | |
qwxovqt | Team | - | Past | 4y 3m |
Investor | - | Current | 13y 7m | |
Investor | Calculus Capital | Current | 7y 5m | |
Independent board member | - | Current | 10y 1m | |
xzcrgzs | Independent board member | - | Current | 9y 2m |
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 Agorize, GitMind and Bluescape. 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 | Cloud-based innovation management platform for idea management | $17.6M | 56/100 | ||
2nd | Platform offering idea management software | - | - | 52/100 | |
3rd | Wazoku 2011, London (United Kingdom), Series B | Provider of cloud-based idea management software solutions | $18.1M | 50/100 | |
4th | Bluescape 2012, San Carlos (United States), Unfunded | Visual collaborative workspace for teams | - | - | 50/100 |
5th | Cloud-based innovation management software provider | $2.63M | 47/100 | ||
6th | Provider of innovation management solution for enterprises | $109K | 46/100 | ||
7th | KaiNexus 2010, Irving (United States), Seed | Continuous improvement software to capture, implement, measure, and share improvements | $716K | - | 45/100 |
8th | Idea generation, innovation management and co-creation of products or services | - | 43/100 | ||
9th | Cloud-based innovation management software provider | - | - | 42/100 | |
10th | Provides AI interfaced idea management solutions | $25.4M | 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
Reports related to Wazoku
Here is the latest report on Wazoku's sector:
News related to Wazoku
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Wazoku & NICE offer USD $4 million grants for tech in ChinaIT Brief UK•May 06, 2025•Wazoku, nice.org.cn
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Wazoku Partners With Gates Foundation For Open Innovation Challenge On Climate-resilient CropsiGrow News•Jan 27, 2025•Wazoku, Gates
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Wazoku expands into UAE to bring its AI-connected innovation ecosystem to the GCC countriesAlBawaba•Nov 19, 2024•Wazoku
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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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