Adepto

London, United Kingdom Founded: 2013 • Age: 13 yrs Acquired By Degreed
Contingent workforce is managed via a cloud-based platform.
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About Adepto

Adepto is a company based in London (United Kingdom) founded in 2013 was acquired by Degreed in December 2019.. Adepto has raised $2.49 million across 1 funding round from investors including Degreed, CIP Ltd and Triple Point Ventures. The company has 56 employees as of January 31, 2022. Adepto operates in a competitive market with competitors including Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.

  • Headquarter London, United Kingdom
  • Employees 56 as on 31 Jan, 2022
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Adepto Limited
  • Date of Incorporation 21 Aug, 2023
  • Jurisdiction PEVENSEY, EAST SUSSEX, UNITED KINGDOM
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.49 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.49 M (USD), Seed

    Jul 17, 2019

  • Investors
    Degreed

    & 2 more

  • Employee Count
    56

    as on Jan 31, 2022

  • Acquired by
    Degreed

    (Dec 12, 2019)

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Funding Insights of Adepto

Adepto has successfully raised a total of $2.49M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.49 million completed in July 2019. 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 Rounds 1
  • Last Round Seed — $2.5M
  • First Round

    (17 Jul 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Seed - Adepto Valuation CIP
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Adepto

Adepto has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Degreed, CIP Ltd and Triple Point Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
SaaS and disruptive tech firms are targeted for venture capital.
Founded Year Domain Location
Early-stage investments are made in B2B software companies.
Founded Year Domain Location
Cloud-based LMS platform tracks skills across industries.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Adepto

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Adepto

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adepto Comparisons

Employees
+
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Competitors of Adepto

Adepto 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 Legion, WorkJam, Harri, Work Market and Eden Workplace, 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
domain founded_year HQ Location
Workforce management solutions are provided through intelligent automation technology.
domain founded_year HQ Location
Hourly workforce schedules and communications are managed via software.
domain founded_year HQ Location
Recruitment and workforce management are offered for hospitality.
domain founded_year HQ Location
Freelance management, payments, and reporting are facilitated by AI software.
domain founded_year HQ Location
SaaS-based workplace management software for offices is delivered.
domain founded_year HQ Location
Cloud-based HCM software is provided for enterprise HR processes.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Adepto

When was Adepto founded?

Adepto was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Where is Adepto located?

Adepto is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Adepto a funded company?

Adepto is a funded company, having raised a total of $2.49M across 1 funding round to date. The company's 1st funding round was a Seed of $2.49M, raised on Jul 17, 2019.

How many employees does Adepto have?

As of Jan 31, 2022, the latest employee count at Adepto is 56.

What does Adepto do?

Adepto was founded in 2013 in London, United Kingdom, and operates in the human resources technology sector. A cloud-based platform is offered for managing contingent workers, including recruitment through referrals and job postings, performance tracking, employee scheduling, and analytics reporting. Services support businesses in sourcing and overseeing temporary staff, with clients such as Atos, Wesfarmers, and Aecom utilizing the system.

Who are the top competitors of Adepto?

Adepto's top competitors include WorkJam, Legion and ZingHR.

Who are Adepto's investors?

Adepto has 3 investors. Key investors include Degreed, CIP Ltd, and Triple Point Ventures.

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