When was Markit founded?

Markit was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Where is Markit located?

Markit is headquartered in Tallinn, Estonia. It is registered at Jalgpalli tn 1.

Which legal entities is Markit associated with?

Markit is associated with Flim Services OÜ and 2 others.

How many employees does Markit have?

As of Jun 30, 2026, the latest employee count at Markit is 222.

Is Markit a funded company?

Markit is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Dec 19, 2006.

When was the latest funding round of Markit?

Markit's latest funding was a $***** Series A round on Dec 19, 2006, with participation from 1 investor.

What is the annual revenue of Markit?

Annual revenue of Markit is less than €1M as on Dec 31, 2021

Where does Markit rank among its competitors?

Markit ranks 3rd amongst 39 active competitors, of which 7 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Pax8, which secured $200K in Nov, 2025.

Who are the top competitors of Markit?

Markit's top competitors include Pax8, Viio and Virtuozzo. Among them, Pax8 secured the most recent funding round in November, 2025.

Markit - 2026 Company Profile, Team, Funding, Competitors & Financials

Markit is an acquired company based in Tallinn (Estonia), founded in 2003. It operates as a Provider of IT Marketplace. Markit has raised $2.63M in funding. The company has 39 active competitors, including 7 funded and 6 that have exited. Its top competitors include companies like Pax8, Viio and Virtuozzo.

Company Details

Provider of IT Marketplace. It is a marketplace where thousands of international companies save time and money buying their IT hardware and accessories. The solutions offered by the marketplace also assists in reducing total cost of IT purchasing.

Website: www.markit.eu/ww/en/default.aspx
Email ID: *****@markit.eu
Phone Number: +372 **********
Registered Address: Jalgpalli tn 1

Key Metrics

Founded Year

2003

Location

Tallinn, Estonia

Stage

Acquired

Total Funding

$2.63M in 1 round

Latest Funding Round

Series A, Dec 19, 2006, $*****

Investors

Ambient Sound Investments

Ranked

3^rd among 39 active competitors

Annual Revenue

€0 - €1M as on Dec 31, 2021

Employee Count

222 as on Jun 30, 2026

Similar Companies

Pax8 & 46 more

Exit Details

Acquired by BPM (Mar 30, 2016)

View Markit's full profile

Markit is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Flim Services OÜ CIN: 11607231 , Estonia, Active	Mar 05, 2009	€0 - €1M (As on Dec 31, 2023)	2 (As on Jun 30, 2024)
Osaühing UniversalExports CIN: 10991799 , Estonia, Active	Nov 27, 2003	€0 - €1M (As on Dec 31, 2021)	1 (As on Jun 30, 2024)
MARKIT B2B ApS CIN: 32361390 , Denmark, Active	Jun 25, 2009	-	-

Markit got acquired by BPM on Mar 30, 2016.

Click here to take a look at Markit's acquisition in detail

Markit has raised a total funding of $2.63M over 1 round. Its latest funding round was a Series A round on Dec 19, 2006 for $*****. 1 investor participated in its latest round. Markit has 1 institutional investor.

Here is the list of recent funding rounds of Markit:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 19, 2006	7579065	Series A	8111076	7275043	1106932	8855163

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View details of Markit's funding rounds and investors

Markit's employee count trend

Markit has 222 employees as of Jun 26. Here is Markit's employee count trend over the years:

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Top competitors of Markit include Pax8, Viio and Virtuozzo. Here is the list of Top 10 competitors of Markit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pax8 2011, Greenwood Village (United States), Series E	AI powered cloud marketplace	$344M	Catalyst Investors, SoftBank Vision Fund & 8 others	69/100
2nd	Viio 2009, Copenhagen (Denmark), Acquired	Saas based cloud spend management platform	$5.13M	PreSeed Ventures, Vaekstfonden & 7 others	53/100
3rd	Markit 2003, Tallinn (Estonia), Acquired	Provider of IT Marketplace	$2.63M	Ambient Sound Investments	48/100
4th	Virtuozzo 2015, Seattle (United States), Funding Raised	Platform offering cloud marketplace	-	Almaz Capital, Larry-Carter & 1 others	46/100
5th	Simr 2013, Los Altos (United States), Series A	Provider of HPC as a service for cloud simulations	$20M	Uncorrelated Ventures, BMW i Ventures & 1 others	45/100
6th	GamerHash 2017, Poznan (Poland), Funding Raised	Pool mining solutions for cryptocurrency	-	Tar Heel Capital Pathfinder, Mindlabventures.com	43/100
7th	Taloflow 2017, Sunnyvale (United States), Seed	Provider of a marketplace for dev and cloud tools	$3.6M	Y Combinator, Victory Square Technologies ... & 9 others	42/100
8th	ComputeNext 2010, Seattle (United States), Series A	Federated marketplace for cloud services	$4.65M	-	38/100
9th	intY 1997, Bristol (United Kingdom), Acquired	Cloud distributor and marketplace	-	-	38/100
10th	Akash Network 2015, San Francisco (United States), Funding Raised	Decentralized cloud marketplace unlocking global GPU power for AI at scale	-	Recursive Ventures, Infinite Capital & 10 others	35/100