About Adapt IT
Adapt IT is a company based in Johannesburg (South Africa) founded in 1996 was acquired by Volaris in April 2021.. Adapt IT has completed 1 acquisition, including ResRequest. Adapt IT offers products and services including IntelliPERMIT, Moodle Support, FlexiLOG, Caseware, and SAP Solutions. Adapt IT operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Johannesburg, South Africa
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Sectors
Business ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Adapt It Holdings Proprietary Limited
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Products & Services of Adapt IT
Adapt IT offers a comprehensive portfolio of products and services, including IntelliPERMIT, Moodle Support, FlexiLOG, Caseware, and SAP Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for permit management in industrial operations.
Support for learning management systems in universities.
Tool for logistics and supply-chain management.
Software for financial reporting and analytics.
Enterprise resource planning for energy and operations.
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Funding Insights of Adapt IT
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $148,134
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First Round
First Round
(01 Oct 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Grant - Adapt IT | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Adapt IT
Adapt IT has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Volaris and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Passenger airline operations are conducted across Mexico and Latin America.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adapt IT
Adapt IT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ResRequest. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of property management solutions for hotels
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Adapt IT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adapt It Comparisons
Competitors of Adapt IT
Adapt IT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adapt It
Frequently Asked Questions about Adapt IT
When was Adapt IT founded?
Adapt IT was founded in 1996 and raised its 1st funding round 26 years after it was founded.
Where is Adapt IT located?
Adapt IT is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Who is the current CEO of Adapt IT?
Tiffany Dunsdon is the current CEO of Adapt IT.
What does Adapt IT do?
Provider of mobile device and wireless expense management services for enterprises. It primarily has extensive industry expertise and experience in the manufacturing, energy, telecommunications, consumer security, and services, education, manufacturing, financial professionals, and hospitality sectors, as well as in the public sector.
Who are the top competitors of Adapt IT?
Adapt IT's top competitors include 1&1 IONOS, Booz Allen Hamilton and Genpact.
What products or services does Adapt IT offer?
Adapt IT offers IntelliPERMIT, Moodle Support, FlexiLOG, Caseware, and SAP Solutions.
How many acquisitions has Adapt IT made?
Adapt IT has made 1 acquisition, including ResRequest.
Who are Adapt IT's investors?
Adapt IT has 2 investors. Key investors include Volaris, and European Union.