Netwookie Ltd.

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Netwookie Ltd. - overview

Established

2015

Location

Nairobi, -, Kenya

Primary Industry

Internet

About

Netwookie Ltd. is a company specializing in digital connectivity solutions aimed at enhancing business workflow efficiency through an integrated cloud-based platform designed for seamless communication among teams. Founded in 2015 and headquartered in Nairobi, Kenya, Netwookie Ltd. provides digital solutions that facilitate communication and project management for businesses.


The founder, Max Bock, has a background in technology and entrepreneurship. In November 2018, Greentec Capital Partners acquired Netwookie Ltd. ; financial details of the transaction were not disclosed. Netwookie.


org offers a suite of digital solutions that enhance connectivity and workflow efficiency for businesses. Their cloud-based platform integrates various communication tools, enabling seamless collaboration among team members and clients. Targeted at sectors such as technology, education, and remote work, the platform addresses common challenges related to communication breakdowns and project management inefficiencies. The services include real-time messaging, file sharing, and project tracking, primarily marketed to small and medium-sized enterprises across North America and Europe.


Netwookie. org generates revenue through a subscription-based model, catering to business clients seeking reliable communication tools. Clients subscribe to tiered service plans that allow selection of features fitting their operational needs. The pricing structure attracts a diverse client base, accommodating smaller teams with essential functionalities as well as larger organizations with more comprehensive options.


Partnerships may involve clients paying a monthly fee based on the number of users or specific features accessed, fostering long-term client relationships and ensuring a steady revenue stream from ongoing subscriptions. Netwookie Ltd. is focused on developing new products aimed at expanding its service offerings. While specific release dates are not disclosed, the company plans to enter new markets in Asia and Africa by 2024.


The acquisition by Greentec Capital Partners in November 2018 is expected to provide funding support for these initiatives, enhancing product development and market expansion efforts.


Current Investors

GreenTec Capital Partners

Primary Industry

Internet

Sub Industries

Web Applications

Website

www.netwookie.org

Verticals

Cloud Computing, Mobile Apps

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Netwookie Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedNetwookie Ltd.-
GrowthCompletedNetwookie Ltd.-

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