About Condeco
Condeco is a company based in London (United Kingdom) founded in 2005 by Paul Statham.. Condeco has raised $30 million across 2 funding rounds from investors including Thoma Bravo, JMI Management and Highland Europe. Condeco has completed 2 acquisitions, including Proxyclick and myVRM. Condeco offers products and services including Desk Booking, Meeting Room Booking, and Visitor Management. Condeco operates in a competitive market with competitors including Robin, OfficeSpace Software, Deskbirds, VergeSense and Locatee, among others.
- Headquarter London, United Kingdom
- Founders Paul Statham
- Stage Minicorn
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Sectors
Business ServicesTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Condeco Group Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Thoma Bravo
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Proxyclick
& 1 more
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Products & Services of Condeco
Condeco offers a comprehensive portfolio of products and services, including Desk Booking, Meeting Room Booking, and Visitor Management. 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 reserving desks in hybrid offices
Tool for booking meeting spaces via integrations
System for handling workplace visitor check-ins
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Funding Insights of Condeco
Condeco has successfully raised a total of $30M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(20 Jun 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series B - Condeco | Valuation |
investors |
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| Jun, 2016 | Amount | Series A - Condeco | Valuation | Highland Europe |
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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 Condeco
Condeco has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Thoma Bravo, JMI Management and Highland Europe. 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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Software and technology-enabled services companies are targeted for investment.
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Founded Year | Domain | Location | |
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Private equity firm investing in software companies
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Founded Year | Domain | Location | |
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Growth-stage consumer and enterprise technology companies are funded.
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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 Condeco
Condeco has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Proxyclick and myVRM. 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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Cloud-based digital transaction management platform for workflow automation
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2006 | ||||
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Cloud-driven visitor management software is provided for workplaces.
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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.
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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 - Condeco
| 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 |
Condeco Comparisons
Competitors of Condeco
Condeco 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 Robin, OfficeSpace Software, Deskbirds, VergeSense and Locatee, 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 |
Room bookings are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Saas-enabled platform offering office space management services
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| domain | founded_year | HQ Location |
SaaS-based office desk booking software for employee engagement
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| domain | founded_year | HQ Location |
IoT and AI solutions for building space utilization are provided.
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| domain | founded_year | HQ Location |
Cloud-based space management for commercial environments is facilitated.
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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 Condeco
Frequently Asked Questions about Condeco
When was Condeco founded?
Condeco was founded in 2005 and raised its 1st funding round 11 years after it was founded.
Where is Condeco located?
Condeco is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Condeco?
Paul Statham is the current CEO of Condeco. They have also founded this company.
Is Condeco a funded company?
Condeco is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Jun 20, 2016.
What does Condeco do?
Cloud-based platform for meeting room booking. It provides enterprise-level workspace solutions. It is named the winner of the Gold Stevie award in the work management category and a Bronze Stevie in the most innovative company of the year category in the 20th annual American business awards. The software is designed with tools to manage end-to-end experiences in the office. The platform offers workspace management with features including visitor management that pre-screens visitors guest credentials for workplace security and compliance. It also provides solutions for workforce productivity and workforce analytics. It is the tool available on the subscription-based pricing model.
Who are the top competitors of Condeco?
Condeco's top competitors include Deskbirds, Robin and OfficeSpace Software.
What products or services does Condeco offer?
Condeco offers Desk Booking, Meeting Room Booking, and Visitor Management.
How many acquisitions has Condeco made?
Condeco has made 2 acquisitions, including Proxyclick, and myVRM.
Who are Condeco's investors?
Condeco has 3 investors. Key investors include Thoma Bravo, JMI Management, and Highland Europe.
What is Condeco's valuation?
The valuation of Condeco is $129.17M as of Jun 2016.
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