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ITM8 BidCo ApS - Company Profile

Associated Brands: itm8
Last updated:

About ITM8 BidCo ApS

ITM8 BidCo ApS is a Limited Liability Partnership company and was incorporated on Jun 10, 2018 in Denmark. Its corporate identification number is (CIN) 39633221 and its current status is Active.
Key Metrics
CIN
39633221
Current Status
Active
Entity Type
Limited Liability Partnership
Date Of Incorporation
Jun 10, 2018
Latest Employee Count
2 as on Mar 31, 2023

Brands associated with ITM8 BidCo ApS

There is one brand associated with ITM8 BidCo ApS which include itm8 .
Name
Short Description
Founded Year
Location
Current Stage
Provider of app development, cloud, security, and IT operation services
2018
Acquired
View more details on ITM8 BidCo ApS's profile

Financials of ITM8 BidCo ApS

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Funding and Investors of ITM8 BidCo ApS

itm8, the brand associated with ITM8 BidCo ApS, has raised a total funding of $34.4M over 3 rounds. Its first funding round was on Aug 31, 2018. itm8 has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of itm8:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 17, 2020
1359268
Series C
3402335
1965067
7321418
7795427
Sep 30, 2019
4941366
Series B
9105581
7555094
9180523
4249837
Aug 31, 2018
2856758
Series A
9391099
5205535
8586522
5380238
View details of itm8's funding rounds and investors

Employee Count of ITM8 BidCo ApS

ITM8 BidCo ApS has an employee count of 2 as on Mar 31, 2023.
Employee count trend for ITM8 BidCo ApS
Date
Employee Count
Mar 23
2
Feb 23
519
Jan 23
188
Dec 22
642
Nov 22
463
Oct 22
993
Sep 22
295

Competitors & Alternates of ITM8 BidCo ApS

itm8 is the only brand associated with ITM8 BidCo ApS, and here are its Top 10 competitors ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
78/100
2nd
Logo for UST
UST
1998, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
3rd
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
76/100
4th
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
75/100
5th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
74/100
6th
Logo for Sutherland
Sutherland
1986, Pittsford (United States), Late Stage
Provider of business process and technology management services
$60M
74/100
7th
Logo for Endava
Endava
2000, London (United Kingdom), Public
Provider of digital transformation services using artificial intelligence and automation
-
74/100
8th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
74/100
9th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
73/100
10th
Logo for Happiest Minds Technologies
Happiest Minds Technologies
2011, Bengaluru (India), Public
Provider of IT suite services
$64.5M
73/100
1013th
Logo for itm8
itm8
2018, Herning (Denmark), Acquired
Provider of app development, cloud, security, and IT operation services
$34.4M
43/100

News related to ITM8 BidCo ApS

•
•
Hg to sell itm8 to AxcelPrivate Equity Wire•May 18, 2022•Hg, itm8, Axcel, HgCapital Trust and 2 others
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Attribution:
Contains data used under the terms for the use of Danish public data

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