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Millicom Systems

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 8
Average round size
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The average size of a deal this fund participated in
$54M
Portfolio companies 2
Rounds per year 0.26
Lead investments 1
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.75
Exits 1
Key employees 5

Areas of investment

  • Financial Services
  • Mobile
  • Health Care
  • FinTech
  • Insurance
Summary

Millicom Systems is the famous Corporate Investor, which was founded in 1990. The leading representative office of defined Corporate Investor is situated in the Luxembourg. The fund was located in Europe if to be more exact in Luxembourg.

Moreover, a startup needs to be at the age of 1 and less years to get the investment from the fund. Among the most successful fund investment fields, there are Retail, Financial Services. For fund there is no match between the country of its foundation and the country of its the most frequent investments - Sweden. Among the various public portfolio startups of the fund, we may underline Jumia, BIMA

The overall number of key employees were 5.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Millicom Systems, startups are often financed by Kinnevik AB, LeapFrog Investments, Rocket Internet. The meaningful sponsors for the fund in investment in the same round are Kinnevik AB, Rocket Internet, LeapFrog Investments. In the next rounds fund is usually obtained by Kinnevik AB, Rocket Internet, MTN.

Comparing to the other companies, this Millicom Systems performs on 16 percentage points less the average number of lead investments. The higher amount of exits for fund were in 2019. The important activity for fund was in 2014. The fund is generally included in less than 2 deals every year. The typical startup value when the investment from Millicom Systems is 100-500 millions dollars. Speaking about the real fund results, this Corporate Investor is 8 percentage points less often commits exit comparing to other organizations. The common things for fund are deals in the range of 50 - 100 millions dollars.

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Related Funds

Funds investing in previous rounds
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Millicom Systems:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

BIMA

Financial Services
FinTech
Health Care
Insurance
Mobile
$20M01 Jul 2015 London, England, United Kingdom

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$150M26 Nov 2014 Lagos, Lagos, Nigeria

BIMA

Financial Services
FinTech
Health Care
Insurance
Mobile
$22M02 Apr 2014 London, England, United Kingdom

BIMA

Financial Services
FinTech
Health Care
Insurance
Mobile
$7M01 Mar 2013 London, England, United Kingdom

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$153M01 Jan 2013 Lagos, Lagos, Nigeria

BIMA

Financial Services
FinTech
Health Care
Insurance
Mobile
$2M01 Feb 2012 London, England, United Kingdom

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$47M01 Jan 2012 Lagos, Lagos, Nigeria

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Total investments 8
Average round size 54M
Rounds per year 0.26
Peak activity year 2014
Lead investments 1
Follow on index 0.75
Exits 1
Group Appearance index 1.00

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

BIMA

Financial Services
FinTech
Health Care
Insurance
Mobile
$20M01 Jul 2015 London, England, United Kingdom

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$150M26 Nov 2014 Lagos, Lagos, Nigeria

BIMA

Financial Services
FinTech
Health Care
Insurance
Mobile
$22M02 Apr 2014 London, England, United Kingdom

BIMA

Financial Services
FinTech
Health Care
Insurance
Mobile
$7M01 Mar 2013 London, England, United Kingdom

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$153M01 Jan 2013 Lagos, Lagos, Nigeria

BIMA

Financial Services
FinTech
Health Care
Insurance
Mobile
$2M01 Feb 2012 London, England, United Kingdom

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$47M01 Jan 2012 Lagos, Lagos, Nigeria
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