Millicom (Tigo)
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Investment Firm
Overview
Millicom is a leading provider of cable and mobile services dedicated to emerging markets in Latin America. Millicom sets the pace providing digital services through its principal brand, TIGO.
As of March 31, 2022, Millicom employed approximately 20,000 people and provided mobile and fiber-cable services through its digital highways to around 50 million customers, with a fiber-cable footprint of close to 13 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
Highlights
Founded
1990
Industry
Internet
Employees
10001+
Investment
8
Lead Investment
1
Exits
2
Stages
Early Stage Venture, Late Stage Venture, Seed
Investor Type
N/A
Location
Europe
Contact Information
Social
Profile Resume
Millicom (Tigo), established in 1990 and headquartered in Europe., specializes in Early Stage Venture, Late Stage Venture, Seed investments across Financial Services, Mobile, FinTech, Insurance, Health Care, Internet, Venture Capital, Finance, Banking, Business Development. The organization boasts a portfolio of 8 investments, with an average round size of $57.8M and 2 successful exits. Their recent investments include BIMA, Kinnevik, LeapFrog Investments, Goldman Sachs, Summit Partners. The highest investment round they participated in was $29.6B. Among their most notable exits are BIMA and Kinnevik. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Millicom (Tigo) has made 8 investments. Their most recent investment was on Dec 19, 2017, when BIMA raised $36.2M.
investments
8
Diversity investments
0
Lead investments
1
Number of exits
2
Investments
8
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Apr 02, 2014 | BIMA | Financial Services | 22.7M |
| Nov 26, 2014 | - | - | 150.0M |
| Jul 01, 2015 | BIMA | Financial Services | 20.0M |
| Dec 19, 2017 | BIMA | Financial Services | 36.2M |
Exits
2
Funding Timeline
Funding rounds
8
Investors
1
Funds
0
Funding Rounds
8
Millicom (Tigo) has raised 8 rounds. Their latest funding was raised on Dec 19, 2017 from a Series D - BIMA round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Apr 02, 2014 | Series B - BIMA | - | 22.7M | - |
| Nov 26, 2014 | Series B - Jumia Group | - | 150.0M | - |
| Jul 01, 2015 | Series C - BIMA | - | 20.0M | - |
| Dec 19, 2017 | Series D - BIMA | - | 36.2M | - |
Investors
3
Millicom (Tigo) is funded by 3 investor(s). Atlas Investissement and Atlas Investissement Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
Atlas Investissement | Yes | Post-IPO Equity - Millicom (Tigo) | 0 |
Atlas Investissement | Yes | Post-IPO Equity - Millicom (Tigo) | 0 |
| - | No | Post-IPO Debt - Millicom (Tigo) | 450.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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