About Checkit
Checkit is a company based in Cambridge (United Kingdom) founded in 2010.. Checkit has completed 2 acquisitions, including Next Controls and Tutela Monitoring Systems. Checkit offers products and services including Sensors, Mobile Apps, and Platform. Checkit operates in a competitive market with competitors including ServiceChannel, Bellrock, Comfy, Brightly and Fotoware, among others.
- Headquarter Cambridge, United Kingdom
- Stage Public
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Checkit Plc
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Annual Revenue
$17.67 M (USD)17.5as on Jan 31, 2024
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Net Profit
$-4.51 M (USD)20as on Jan 31, 2024
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EBITDA
$-3.01 M (USD)33.33as on Jan 31, 2024
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Latest Funding Round
$27.99 M (USD), Post-IPO
Nov 26, 2021
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Next Controls
& 1 more
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IPO & Listings of Checkit
Checkit is a publicly listed company on the LSE with ticker symbol CKT in UK, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Checkit
Checkit offers a comprehensive portfolio of products and services, including Sensors, Mobile Apps, and Platform. 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.
Capture data on temperature and humidity for monitoring.
Digitize workflows and track tasks in real-time.
Provides AI dashboards for operational insights.
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Funding Insights of Checkit
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $28.0M
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First Round
First Round
(26 Nov 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Post-IPO - Checkit | Valuation |
investors |
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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 |
Investments & Acquisitions by Checkit
Checkit has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Next Controls and Tutela Monitoring Systems. 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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E-commerce support services are provided to businesses worldwide.
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2014 | ||||
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Temperature monitoring devices are supplied for sensitive inventory facilities.
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2005 |
| 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 - Checkit
| 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 |
Checkit Comparisons
Competitors of Checkit
Checkit 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 ServiceChannel, Bellrock, Comfy, Brightly and Fotoware, 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 |
Cloud and app-based facility management and service automation platform
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| domain | founded_year | HQ Location |
SaaS-based CAFM software is delivered for commercial facility management.
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| domain | founded_year | HQ Location |
Provider of smart building control software
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| domain | founded_year | HQ Location |
Comprehensive asset management solutions are delivered via a cloud-enabled platform.
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| domain | founded_year | HQ Location |
Digital assets are managed via specialized software solutions.
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| domain | founded_year | HQ Location |
Computer-aided facility management software is provided for correctional properties.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Checkit
Frequently Asked Questions about Checkit
When was Checkit founded?
Checkit was founded in 2010 and raised its 1st funding round 11 years after it was founded.
Where is Checkit located?
Checkit is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
What is the annual revenue of Checkit?
Annual revenue of Checkit is $17.67M as on Jan 31, 2024.
What does Checkit do?
Checkit was founded in 2010 in Cambridge, United Kingdom. Cloud-based software for facility management is provided to the healthcare, hospitality, and retail industries. Operations are centered on software solutions that support monitoring, maintenance, and efficiency in facility tasks. The companys domain, checkit.net, facilitates access to these services. Headquarters remain in Cambridge, with focus on sector-specific needs across these fields.
Who are the top competitors of Checkit?
Checkit's top competitors include ServiceChannel, Bellrock and Comfy.
What products or services does Checkit offer?
Checkit offers Sensors, Mobile Apps, and Platform.
Is Checkit publicly traded?
Yes, Checkit is publicly traded on LSE under the ticker symbol CKT.
How many acquisitions has Checkit made?
Checkit has made 2 acquisitions, including Next Controls, and Tutela Monitoring Systems.
What is Checkit's ticker symbol?
The ticker symbol of Checkit is CKT on LSE.