About CTI Digital
CTI Digital is a company based in Manchester (United Kingdom) founded in 2003 by Nick Rhind was acquired by Cowgill in November 2018.. CTI Digital has raised $33.34 million across 1 funding round from investors including LDC, Cowgill and Brabners. The company has 88 employees as of February 28, 2021. CTI Digital has completed 5 acquisitions, including CTI Digital, Ixis and Nublue. CTI Digital offers products and services including Web Development and Digital Marketing.
- Headquarter Manchester, United Kingdom
- Employees 88 as on 28 Feb, 2021
- Founders Nick Rhind
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cti Digital
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Annual Revenue
$13.13 M (USD)4as on Feb 28, 2023
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Net Profit
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EBITDA
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Total Equity Funding
$33.34 M (USD)
in 1 rounds
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Latest Funding Round
$33.34 M (USD), Private Equity Round
Mar 03, 2022
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Investors
LDC
& 3 more
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Employee Count
88
as on Feb 28, 2021
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Investments & Acquisitions
CTI Digital
& 4 more
- Acquired by
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Products & Services of CTI Digital
CTI Digital offers a comprehensive portfolio of products and services, including Web Development and Digital Marketing. 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.
Websites and applications are developed by CTI Digital to provide scalable and user-centric solutions for various business needs.
Online promotion and optimization services are provided by CTI Digital to improve visibility and engagement through data-driven strategies.
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Funding Insights of CTI Digital
CTI Digital has successfully raised a total of $33.34M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $33.34 million completed in March 2022. 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 1
- Last Round Private Equity Round — $33.3M
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First Round
First Round
(03 Mar 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Private Equity Round - CTI Digital | Valuation | LDC |
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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 CTI Digital
CTI Digital has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include LDC, Cowgill and Brabners. 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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Private equity investments are focused on multiple sectors for growth.
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Founded Year | Domain | Location | |
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Audit, tax, and advisory services are provided in the UK.
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Founded Year | Domain | Location | |
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Provider of legal services for businesses and individuals
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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 CTI Digital
CTI Digital has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include CTI Digital, Ixis and Nublue. 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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Branding, digital marketing, and PR services are provided.
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2010 | ||||
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Mobile app development and cloud solutions are provided by Silverchip.
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2010 | ||||
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E-commerce portals are designed and developed on Magento by Nublue.
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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 - CTI Digital
| 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 |
Cti Digital Comparisons
Competitors of CTI Digital
| 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 CTI Digital
When was CTI Digital founded?
CTI Digital was founded in 2003 and raised its 1st funding round 19 years after it was founded.
Where is CTI Digital located?
CTI Digital is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Who is the current CEO of CTI Digital?
Nick Rhind is the current CEO of CTI Digital. They have also founded this company.
Is CTI Digital a funded company?
CTI Digital is a funded company, having raised a total of $33.34M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $33.34M, raised on Mar 03, 2022.
How many employees does CTI Digital have?
As of Feb 28, 2021, the latest employee count at CTI Digital is 88.
What is the annual revenue of CTI Digital?
Annual revenue of CTI Digital is $13.13M as on Feb 28, 2023.
What does CTI Digital do?
CTI Digital was founded in 2003 by Nick Rhind in Manchester, United Kingdom, where he continues as CEO. Operations are centered on delivering digital marketing and web development services within the technology sector. Clients are supported through tailored solutions for online presence and functionality. The company maintains its base in the UK, focusing on regional and broader digital needs without international expansion noted.
What products or services does CTI Digital offer?
CTI Digital offers Web Development and Digital Marketing.
How many acquisitions has CTI Digital made?
CTI Digital has made 5 acquisitions, including CTI Digital, Ixis, and Nublue.