LF
LIMITLESS FOUNDERS
FO
Fintech Mobile Carrier Billing & Payments

Fortumo (Boku)

Global Direct Carrier Billing and Mobile Payments

Valuation / Scale $45 Million Acquisition
Funding Raised $10 Million
Founded 2007
Headquarters Tartu, Estonia
Visit Fortumo (Boku) Official Site

About Fortumo (Boku)

Fortumo connects digital publishers like Google, Amazon, and Spotify with 350+ mobile operators, allowing billions of people without credit cards to pay via phone bills.

VENTURE ARCHITECTURE & EQUITY

Fortumo (Boku) Cap Table & Shareholding Pattern

Verified equity capitalization table outlining promoter holdings, venture capital equity, strategic cross-holdings, and institutional share distribution for Fortumo (Boku):

Shareholder / Entity Equity Stake Classification Strategic Notes
Martin Koppel 26.0% Founder / Promoter Co-Founder & CEO
Rain Rannu 24.0% Founder / Promoter Co-Founder & Mobile Pioneer
Veljo Otsason 20.0% Founder / Promoter Co-Founder & CTO
Intel Capital 20.0% Corporate Venture Early Strategic Growth Investor
Employee ESOP Pool 10.0% Employee Equity Tartu engineering team equity
LEADERSHIP & OWNERSHIP

Who is the Owner & Founder of Fortumo (Boku)?

Fortumo (Boku) was established by its founding team in 2007, headquartered in Tartu, Estonia. Explore the verified ownership structure, net worth, and leadership biographies below:

Martin Koppel 🇪🇪

Martin Koppel

Co-Founder & CEO

💰 $40 Million

Martin Koppel is an Estonian serial tech entrepreneur who co-founded mobile carrier billing titan Fortumo in 2007. Under...

View Martin Koppel Profile →
VERIFIED FACTS

Frequently Asked Questions about Fortumo (Boku)

What is Fortumo (Boku)'s current valuation?

Fortumo (Boku) is valued at approximately $45 Million Acquisition, having raised a total of $10 Million in venture financing.

Who founded Fortumo (Boku) and where is it headquartered?

Fortumo (Boku) was founded in 2007 by Martin Koppel with headquarters in Tartu, Estonia.

Who is the owner of Fortumo (Boku) and what is their net worth?

Fortumo (Boku) is led by founder Martin Koppel (Co-Founder & CEO). Their estimated net worth is $40 Million, predominantly anchored by their equity ownership in Fortumo (Boku) and venture holdings.

What is the cap table and shareholding pattern of Fortumo (Boku)?

Fortumo (Boku)'s equity capitalization table is anchored by key stakeholders including Martin Koppel (26.0%), Rain Rannu (24.0%), Veljo Otsason (20.0%), Intel Capital (20.0%). Explore the verified cap table on Limitless Founders for full equity breakdown.

What industry does Fortumo (Boku) operate in and what does it do?

Fortumo (Boku) operates within the Fintech sector. Global Direct Carrier Billing and Mobile Payments

How much funding has Fortumo (Boku) raised to date?

Fortumo (Boku) has secured approximately $10 Million across institutional equity rounds and growth capital.

Related in Fintech

wefox
Series D
Swile
Series D
iZettle (Zettle by PayPal)
Acquired (by PayPal)