About Adapt
Adapt is a company based in London (United Kingdom) founded in 2001 was acquired by Datapipe in August 2016. It operates as a AI-as-a-Service. Adapt has raised $39.08 million across 1 funding round from investors including Datapipe and Lyceum Capital. Adapt has completed 2 acquisitions, including Centric Telecom and ELINIA. Adapt offers products and services including Adapt AI System.
- Headquarter London, United Kingdom
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Adapt Ai, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.08 M (USD)
in 1 rounds
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Latest Funding Round
$39.08 M (USD), Series A
Sep 29, 2011
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Investors
Datapipe
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Centric Telecom
& 1 more
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Acquired by
Datapipe
(Aug 17, 2016)
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Products & Services of Adapt
Adapt offers a comprehensive portfolio of products and services, including Adapt AI System. 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.
An AI system is developed for business operations.
Funding Insights of Adapt
Adapt has successfully raised a total of $39.08M through 1 strategic funding round. The most recent funding activity was a Series A round of $39.08 million completed in September 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $39.1M
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First Round
First Round
(29 Sep 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Series A - Adapt | Valuation |
investors |
| 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 |
Investors in Adapt
Adapt has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Datapipe and Lyceum Capital. 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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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Managed hybrid cloud services are provided for enterprises.
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Founded Year | Domain | Location |
| Investor | Description | 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
Adapt has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Centric Telecom and ELINIA. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
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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Business telecom services including VoIP and broadband are offered nationwide.
|
2004 | ||||
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Internet-first brand offering apparel
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Adapt
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adapt Comparisons
Competitors of Adapt
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Adapt
When was Adapt founded?
Adapt was founded in 2001 and raised its 1st funding round 10 years after it was founded.
Where is Adapt located?
Adapt is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Adapt a funded company?
Adapt is a funded company, having raised a total of $39.08M across 1 funding round to date. The company's 1st funding round was a Series A of $39.08M, raised on Sep 29, 2011.
What does Adapt do?
Adapt is engaged in creating an AI system designed to understand and operate within a companys environment. The system is integrated with tools, data, documents, tickets, and other systems to observe, reason, and report. Raw data is transformed into actionable decisions, noise into clear signals, and disarray into focused insights. The solution is positioned as a central AI brain for businesses, distinct from typical dashboards or data tools. The company targets sectors requiring advanced operational intelligence and decision-making support.
What products or services does Adapt offer?
Adapt offers Adapt AI System.
How many acquisitions has Adapt made?
Adapt has made 2 acquisitions, including Centric Telecom, and ELINIA.
Who are Adapt's investors?
Adapt has 2 investors. Key investors include Datapipe, and Lyceum Capital.
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