Instabridge

company

About

Instabridge is a Wi-Fi sharing community and mobile app, particularly popular in Brazil and Mexico.

  • Stockholm,Stockholms Lan,Sweden
  • 11 - 50

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$3M
Industries
Mobile,Mobile Apps,Wireless
Founded date
Sep 1, 2012
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Instabridge AB

Instabridge is a Wi-Fi sharing community and mobile app, particularly popular in Brazil and Mexico. Its mission is to build a wifi sharing community on every city on the planet. Originally founded in late 2012 as a way to enable you to share your home Wi-Fi with friends on Facebook, the Stockholm-based company has since pivoted to become a broader Wi-Fi sharing community, and has found traction in developing markets where cellular data remains prohibitively expensive.

The Instabridge app lets you share the details of any Wi-Fi hotspot with other Instabridge users, and provides access to Wi-Fi hotspots shared by everyone else in the community. This has enabled it to build a crowdsourced database of Wi-Fi hotspots, in addition to a list of known public venues that have free Wi-Fi, such as McDonald’s or Starbucks.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$8M
Instabridge has raised a total of $8M in funding over 2 rounds. Their latest funding was raised on Mar 27, 2019 from a Corporate Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 27, 2019 Corporate Round — — — — Detail
Apr 11, 2018 Series Unknown $3M 5 Luminar Ventures — Detail
Jul 5, 2016 Series Unknown $1M 2 Draper Associates — Detail
Sep 2, 2015 Series A $3M 5 Balderton Capital
MOOR
— Detail
Oct 15, 2014 Series Unknown $1M 1 Creandum — Detail

Investors

Number of Lead Investors
Number of Investors
5
7
Instabridge is funded by 7 investors. Luminar Ventures and Balderton Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Luminar Ventures Yes Series Unknown
Balderton Capital — Series Unknown
Creandum — Series Unknown
Draper Associates — Series Unknown
MOOR — Series Unknown
GP Bullhound — Series A
Swisscom Ventures — Series A

Employee Profiles

Number of Employee Profiles
3
Instabridge has 3 current employee profiles, including Board member Par Lange
Board member
Board observer
Board member