Amount Raised
$10.3 Million
Round Type
Series A
TorontoMobileAppsInternet ServicesInvestors
Description
Shabodi, the next-gen 5G application enabler, today announced that it has raised $10.3M in an oversubscribed Series A round led by CEAS Investments and SineWave ventures, to help enterprises accelerate the development and deployment of network-aware applications on Advanced LTE, 5G, Wifi 6 and 6G. Existing investors Blumberg Capital and Counterview Capital also participated in this round, joined by 5G Open Innovation Lab, Green Egg ventures, Maccabee Ventures, Supernode Ventures and Vishal Gupta, Global CIO and CTO at Lexmark. Veteran telecom entrepreneur and Shabodi investor Joe Beatty is joining investors Bruce Taragin of Blumberg Capital and Vishal Makhijani on Shabodi's board of directors.
Quick answer
Shabodi raised $10.3 Million in a Series A round, dated December 14, 2022. Investors: Bruce Taragin Of Blumberg Capital, Shabodi Investor, Supernode Ventures, Maccabee Ventures, Green Egg Ventures, Counterview Capital, Blumberg Capital and Sine Wave Ventures. Shabodi is based in Toronto, Ontario, Canada.
- How much did Shabodi raise?
- Shabodi raised $10.3 Million in a Series A round on December 14, 2022.
- Who invested in Shabodi?
- Bruce Taragin Of Blumberg Capital, Shabodi Investor, Supernode Ventures, Maccabee Ventures, Green Egg Ventures, Counterview Capital, Blumberg Capital and Sine Wave Ventures are named as investors in this round.
- What does Shabodi do?
- Shabodi's foundational platform enables enterprises, system integrators, and telcos to build next-gen applications to tap into the exponentially more powerful 5G network.
- Where is Shabodi based and how big is it?
- Shabodi is based in Toronto, Ontario, Canada.
Source: Fundz verified event record.
Who else raised in Mobile and Apps around the same time
Companies in the same sectors as Shabodi that raised within 45 days of this round, from Fundz verified event records.
- WeWALK raised $2.4M (Seed) on December 9, 2022.
- Purlin raised an undisclosed amount (Seed) on November 11, 2022.
- Ximen Mining raised an undisclosed amount (Funding Round) on January 26, 2023.
- Sheeva.AI raised $9.3M (Series A) on January 19, 2023.
- Park+ raised $17M (Series C) on January 10, 2023.
- Holmusk raised an undisclosed amount (Corporate Round) on January 9, 2023.
Who to call at Shabodi, and when
A new round usually means Shabodi is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Shabodi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Shabodi, from your own LinkedIn network
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Fundz sees it the moment Shabodi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansShabodi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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