Adsum - About the company
Adsum is a series A company based in London (United Kingdom), founded in 2019 by Justina Tartilaite and Freddie Wingfield Digby. It operates as a Developer of an online platform providing business loans. Adsum has raised $5M in funding from Episode 1 Ventures and Digital Horizon, with a current valuation of £*****. The company has 3198 active competitors, including 247 funded and 187 that have exited. Its top competitors include companies like Ramp, Intuit and Vyapar.
Company Details
Developer of an online platform providing business loans. It offers loans to businesses
- Website
- www.adsum-works.com/
- Social
- Email ID
- *****@adsum-works.com
- Phone Number
- +44 **********
Key Metrics
Founded Year
2019
Location
London, United Kingdom
Stage
Series A
Total Funding
$5M in 1 round
Latest Funding Round
Post Money Valuation
£***** as on Jul 29, 2022
Investors
Ranked
133rd among 3198 active competitors
Employee Count
31 as on Jan 05, 2026
Legal entities associated with Adsum
Adsum is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Adsum Technologies Ltd. CIN: 12471071 , United Kingdom, Active | Dec 31, 2020 | - | 15 (As on Jun 30, 2024) |
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Adsum's funding and investors
Adsum has raised a total funding of $5M over 1 round. Its latest funding round was a Series A round on May 23, 2022 for $*****. 3 investors participated in its latest round. Adsum has 4 institutional investors.
Here is the list of recent funding rounds of Adsum:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 23, 2022 | 9050068 | Series A | 7373205 | 5854768 | 2745111 | 4942828 |
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Adsum's founders and board of directors
Founder? Claim ProfileThe founders of Adsum are Justina Tartilaite and Freddie Wingfield Digby. Justina Tartilaite is the CEO of Adsum.
Here are the details of Adsum's key team members:
- Justina Tartilaite: Co-Founder & CEO of Adsum. Contact Info: 1 email address
- Freddie Wingfield Digby: Co-Founder of Adsum. Contact Info: 1 email address
View details of Adsum's Founder profiles and Board Members
Adsum's employee count trend
Adsum has 31 employees as of Jan 26. Here is Adsum's employee count trend over the years:
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Adsum's Competitors and alternates
Top competitors of Adsum include Ramp, Intuit and Vyapar. Here is the list of Top 10 competitors of Adsum, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.19B | 85/100 | |
2nd | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
3rd | Provider of GST billing, inventory, and accounting software for small businesses | $35.9M | 80/100 | ||
4th | Online accounting and invoicing solutions for SMBs | $40.9M | 77/100 | ||
5th | Cloud-based financial management and accounting software platform | $442M | 77/100 | ||
6th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 77/100 | |
7th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
8th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
9th |  Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 72/100 | |
10th | Digits 1995, San Francisco (United States), Acquired | SMS based customer authentication and verification service | $97.5M | 69/100 | |
133rd |  Adsum 2019, London (United Kingdom), Series A | Developer of an online platform providing business loans | $5M | 44/100 |
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Adsum's Investments and acquisitions
Adsum has made no investments or acquisitions yet.
Reports related to Adsum
Here is the latest report on Adsum's sector:
News related to Adsum
•
Adsum revolutionises alt-fi again, launches monthly tax-credit financing modelRealWire•Jul 27, 2022•Adsum
•
‘Adsum, a pioneer in tax-based financing, raises $5m to turbocharge the growth of UK businesses’Business Money•May 26, 2022•Adsum, Episode 1 Ventures, Digital Horizon, D2 Fund and 1 other
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