Demica - About the company
Demica is an acquired company based in London (United Kingdom), founded in 1992. It operates as a Provider of cloud-based supply chain financing software. Demica has raised $55M in funding from GFG Alliance. The company has 18 active competitors, including 5 funded and 5 that have exited. Its top competitors include companies like Taulia, C2FO and Xelix.
Company Details
Demica is a provider of cloud-based supply chain financing software. Its platform includes features like trade receivables securitisation, receivables finance, asset-based lending, dynamic discounting and flexible settlements. Its clients include BMO and SABB.
- Website
- demica.com
- Email ID
- *****@demica.com
- Registered Address
- Bow Bells House, Bread Street, London, England, EC4M 9BE
Key Metrics
Founded Year
1992
Location
London, United Kingdom
Stage
Acquired
Total Funding
$55M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 18 active competitors
Annual Revenue
£1M - £10M as on Dec 31, 2018
Employee Count
54 as on Aug 31, 2026
Exit Details
Acquired by FIS (Dec 16, 2024)
Legal entities associated with Demica
Demica is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Demica Limited CIN: 2492599 , Germany, Active | Apr 16, 1990 | £1M - £10M (As on Dec 31, 2018) | 94 (As on Dec 31, 2019) |
Demica's acquisition details
Click here to take a look at Demica's acquisition in detail
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Demica's funding and investors
Demica has raised a total funding of $55M over 2 rounds. Its first funding round was on Mar 14, 2018. Demica has 2 institutional investors.
Here is the list of recent funding rounds of Demica:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 22, 2020 | 8553148 | Series C | 3230170 | 7930993 | 8843491 | 5183655 |
Mar 14, 2018 | 2604451 | Series B | 4646325 | 4196902 | 1633294 |
View details of Demica's funding rounds and investors
Demica's founders and board of directors
Founder? Claim ProfileDemica's employee count trend
Demica has 54 employees as of Aug 26. Here is Demica's employee count trend over the years:
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Demica's Competitors and alternates
Top competitors of Demica include Taulia, C2FO and Xelix. Here is the list of Top 10 competitors of Demica, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 73/100 | |
2nd | C2FO 2008, Leawood (United States), Acquired | Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors | $568M | 58/100 | |
3rd | Demica 1992, London (United Kingdom), Acquired | Provider of cloud-based supply chain financing software | $55M | 46/100 | |
4th | Xelix 2016, London (United Kingdom), Series B | Developer of an AI-powered platform for accounts payable automation software | $167M | 45/100 | |
5th | Stenn 2003, London (United Kingdom), Late Stage | Online platform for invoice financing | $50M | 45/100 | |
6th | Working capital management for businesses | $19M | 43/100 | ||
7th | OB10 2000, London (United Kingdom), Acquired | B2B eInvoicing, invoice financing and analytics firm. | - | 39/100 | |
8th | TuningBill 2018, London (United Kingdom), Series B | Digital bank for cross-border traders | $22M | 35/100 | |
9th | Binkabi 2017, London (United Kingdom), Funding Raised | Blockchain-enabled cross-border physical commodity trading platform | - | 34/100 | |
10th | Obillex 2010, Birmingham (United Kingdom), Seed | Supply chain finance | $5.42M | 32/100 |
Looking for more details on Demica's competitors? Click here to see the top ones
Demica's Investments and acquisitions
Demica has made no investments or acquisitions yet.
Reports related to Demica
Here is the latest report on Demica's sector:
News related to Demica
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Demica Provides Headfirst Global New $400m Funding Source For Impellam GroupRecruiter•Sep 12, 2024•Demica, HeadFirst Group, Barclays
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Demica Technology Opens New Doors to Supply Chain Finance in NigeriaFintech Finance•May 02, 2024•Demica
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Finverity expands FinverityOS product range as it appoints key new hiresTechMoran•Oct 22, 2023•Finverity, Aronova, Demica
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Digital Trade and Supply Chain Finance Provider Appoints Marina Narganes to Leadership TeamGlobeNewswire•Jun 05, 2023•Triterras, Demica
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