About Criton
Criton is a company based in Edinburgh (United Kingdom) founded in 2015 was acquired by Nonius in March 2022.. Criton has raised $7.16 million across 2 funding rounds from investors including Nonius. The company has 15 employees as of January 31, 2021. Criton operates in a competitive market with competitors including Bbot, IZY, Bizzon, GroomService and McLaren Technologies, among others.
- Headquarter Edinburgh, United Kingdom
- Employees 15 as on 31 Jan, 2021
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Information Apps Ltd
- Date of Incorporation 26 Nov, 2015
- Jurisdiction EDINBURGH, SCOTLAND
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Funding Insights of Criton
Criton has successfully raised a total of $7.16M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $595 thousand completed in September 2020. 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 Series A — $595,000
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First Round
First Round
(30 Oct 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series A - Criton | Valuation |
investors |
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| Oct, 2017 | Amount | Series A - Criton | 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 |
Investors in Criton
Criton has secured backing from 1 investor. Prominent investors backing the company include Nonius. 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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Cloud-based guest engagement solutions are provided for hospitality.
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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 Criton
| 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 |
Financial Statements - Criton
| 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 |
Criton Comparisons
Competitors of Criton
Criton 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 Bbot, IZY, Bizzon, GroomService and McLaren Technologies, 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 |
SaaS-driven smart ordering platform for the hosptiality industry
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| domain | founded_year | HQ Location |
Hotel and guest management is facilitated by an app-based platform.
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| domain | founded_year | HQ Location |
PoS and CRM solutions for restaurant management are provided.
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| domain | founded_year | HQ Location |
Guest management solutions for hotels are delivered via mobile app.
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| domain | founded_year | HQ Location |
Offers tech solutions for hotels, transport hubs, and hospitals across regions.
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| 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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Latest news on Criton
Frequently Asked Questions about Criton
When was Criton founded?
Criton was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Criton located?
Criton is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Is Criton a funded company?
Criton is a funded company, having raised a total of $7.16M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.56M, raised on Oct 30, 2017.
How many employees does Criton have?
As of Jan 31, 2021, the latest employee count at Criton is 15.
What does Criton do?
Criton was founded in 2015 in Edinburgh, United Kingdom, within the hospitality technology sector. White-label guest management applications are supplied to providers such as hotels, BBs, vacation rentals, and service apartments. Core features encompass mobile booking systems, push notifications, recommendations for local activities and places, digital door keys, video instructions for guests, and direct chat functionality with staff. Operations focus on streamlining guest interactions through these mobile tools.
Who are Criton's investors?
Criton has 1 investor. Key investors include Nonius.
What is Criton's valuation?
The valuation of Criton is $18.46M as of Sep 2020.
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