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Fortumo

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A digital enablement platform for telco bundling, carrier billing and messaging

Tartu, EstoniaFounded 2007Fintech
Valuation $0–100M Latest valuation · 2020
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Fortumo and the history behind them.

About Fortumo

Founded in 2007, Fortumo, now a part of Boku Inc. Group, operates as a global monetization and growth platform tailored for digital content merchants. The company strategically connects these merchants with a vast network of over 300 telecommunication companies and digital wallets across Asia, Europe, Latin America, the Middle East, and Africa.

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Merchants leverage the Fortumo platform for two primary purposes: to attract new users through bundled partnerships with telecom operators and to facilitate payments via carrier billing and digital wallets. This is all managed through a single integration point, granting merchants access to a global consumer base in more than 80 countries.

The company's client roster includes major industry players such as Google, Amazon, Spotify, and Epic Games, who utilize Fortumo's infrastructure to streamline their payment processes and expand their market reach. Fortumo's business model is centered on providing a seamless and unified payment solution that addresses the complexities of a fragmented global payment landscape.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2007
Headquarters
Tartu, Estonia
Employees
101
Open positions
None listed
Dealroom signal
62.5/100
Industry
Fintech, Telecom
Sub-industry
Payments, Financial Management Solutions
Sector
Fintech, Information Technology, Billing, SaaS, Messaging, Mobile Commerce, App, Platform, Financial Service
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Fortumo.

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jun 2020 $41M $41M Boku
SERIES AOther financing Feb 2013 $10M $40M Greycroft Partners · Intel Capital
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Fortumo website traffic

Latest recorded traffic for Fortumo is 540K monthly website visits, up 730.8% over the last three months. Fortumo's team grew 0% over the past year.

Latest monthly visits540K 3-month web change+730.8% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Other known investors1 additional known investor

  • Boku
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇪🇪 Estonia · Tartu HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Fortumo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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