About AddPro
AddPro is a company based in Malmo (Sweden) founded in 2000 was acquired by Axcel in July 2020.. AddPro has completed 2 acquisitions, including IT Advisor and Snex. AddPro offers products and services including Cloud Services and Cybersecurity Services.
- Headquarter Malmo, Sweden
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Itm8 Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Adelis Equity
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
IT Advisor
& 1 more
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Acquired by
Axcel
(Jul 03, 2020)
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Products & Services of AddPro
AddPro offers a comprehensive portfolio of products and services, including Cloud Services and Cybersecurity Services. 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.
Cloud services are provided for migration, transformation, and management to enhance business operations.
Cybersecurity services are offered for identity access management and network security to protect digital assets.
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Funding Insights of AddPro
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Private Equity Round - AddPro | Valuation | Adelis Equity Partners |
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| 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 AddPro
AddPro has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Adelis Equity and Axcel. 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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Adelis Equity is engaged in growing Nordic businesses through partnerships.
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Founded Year | Domain | Location | |
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Axcel is engaged in private equity investments for value creation.
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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 AddPro
AddPro has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include IT Advisor and Snex. 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
|
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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IT security and cloud migration services are provided.
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2008 | ||||
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Managed IT security and network solution
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2006 |
| 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
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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 - AddPro
| 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 |
Addpro Comparisons
Competitors of AddPro
| 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 AddPro
When was AddPro founded?
AddPro was founded in 2000 and raised its 1st funding round 17 years after it was founded.
Where is AddPro located?
AddPro is headquartered in Malmo, Sweden.
What does AddPro do?
AddPro was established in 2000 in Malmo, Sweden, as a provider of IT services. Operations are focused on delivering technology solutions, including consulting, system integration, and support services within the information technology sector. The company serves clients primarily in the Swedish market, with activities centered around enhancing business IT infrastructure and digital capabilities. Geographic emphasis remains on southern Sweden, supported by the domain addpro.se.
What products or services does AddPro offer?
AddPro offers Cloud Services and Cybersecurity Services.
How many acquisitions has AddPro made?
AddPro has made 2 acquisitions, including IT Advisor, and Snex.
Who are AddPro's investors?
AddPro has 2 investors. Key investors include Adelis Equity, and Axcel.
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