Instabridge is a provider of a crowdsourced network of WiFi hotspots. Its app allows people to use the free wifi shared by the community of Instabridge members, and find free wifi at hotels, cafés and restaurants.

Type
Private
HQ
Norrmalm, SE
Founded
2012
Size (employees)
21 (est)+5%
Instabridge was founded in 2012 and is headquartered in Norrmalm, SE
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Key People/Management at Instabridge

Niklas Agevik

Niklas Agevik

CEO
Erik Tigerholm

Erik Tigerholm

CTO
David Dahlström

David Dahlström

Director of Product

Instabridge Office Locations

Instabridge has an office in Norrmalm
Norrmalm, SE (HQ)
43 Birger Jarlsgatan
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Instabridge Financials and Metrics

Summary Metrics

Founding Date

2012

Total Funding

$8 m

Latest funding size

$3 m

Time since last funding

12 days ago

Investors

Instabridge's latest funding round in April 2018 was reported to be $3 m. In total, Instabridge has raised $8 m

Instabridge Financials

Instabridge's revenue was reported to be kr23.12 k in FY, 2015
SEK

Revenue (FY, 2015)

23.1 k

Net income (FY, 2015)

(7.2 m)

EBIT (FY, 2015)

(7.2 m)

Cash (31-Dec-2014)

2.5 m
SEKFY, 2014FY, 2015

Revenue

23.1 k

Sales and marketing expense

2.1 m3.4 m

General and administrative expense

2.4 m3.9 m

Operating expense total

4.5 m7.2 m
sekY, 2014

Cash

2.5 m

Total Assets

2.7 m

Total Liabilities

415.3 k
SEKY, 2015

Revenue/Employee

1.5 k
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Instabridge Operating Metrics

Instabridge's Users was reported to be 10 m in Oct, 2015.
Oct, 2015

Users

10 m
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Instabridge News and Updates

Instabridge, the Wi-Fi sharing community, scores $3M more funding for Asia expansion

Sweden’s Instabridge, the Wi-Fi sharing community and mobile app that has proved particularly popular in Brazil and Mexico, has scored $3 million in further funding — money it’s pegged for Asia expansion, starting with India. The new round is led by Luminar Ventures (headed up by Magnus Bergman and …
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