Instabridge

About

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

Stockholm,Stockholms Lan,Sweden
11 - 50

Highlights

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