About Cutitronics
Cutitronics is a company based in East Kilbride (United Kingdom) founded in 2014.. Cutitronics has raised $3.22 million across 2 funding rounds from investors including Croda. The company has 21 employees as of November 30, 2020. Cutitronics offers products and services including Health Insurance, Car Insurance, and Critical Illness Insurance. Cutitronics operates in a competitive market with competitors including lululab, TroveSkin, gpskin, Charm Skin Care Expert and Imagine, among others.
- Headquarter East Kilbride, United Kingdom
- Employees 21 as on 30 Nov, 2020
- Stage Minicorn
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Sectors
Healthcare
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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 Cutitronics Ltd
- Date of Incorporation 24 Jan, 2014
- Jurisdiction GLASGOW
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.22 M (USD)
in 2 rounds
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Latest Funding Round
$3.2 M (USD), Seed
Dec 17, 2018
- Investors
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Employee Count
21
as on Nov 30, 2020
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Products & Services of Cutitronics
Cutitronics offers a comprehensive portfolio of products and services, including Health Insurance, Car Insurance, and Critical Illness Insurance. 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.
Covers medical expenses for health issues and illnesses
Protects against vehicular damages and accidents
Provides financial support for serious medical conditions
Funding Insights of Cutitronics
Cutitronics has successfully raised a total of $3.22M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.2 million completed in December 2018. 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 Seed — $3.2M
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First Round
First Round
(18 Jul 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Seed - Cutitronics | Valuation | Croda |
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| Jul, 2017 | Amount | Seed - Cutitronics | Valuation | Croda |
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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 Cutitronics
Cutitronics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Croda. 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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Diversified chemicals are manufactured by Croda in various sectors worldwide.
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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 Cutitronics
| 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 - Cutitronics
| 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 |
Cutitronics Comparisons
Competitors of Cutitronics
Cutitronics 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 lululab, TroveSkin, gpskin, Charm Skin Care Expert and Imagine, 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 |
Provider of AI-based device for dermatological analysis
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| domain | founded_year | HQ Location |
Aapp for managing skin health
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| domain | founded_year | HQ Location |
Connected device for eczema treatment and skin health monitoring.
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| domain | founded_year | HQ Location |
Delivers app-based solutions for comprehensive skin care expertise.
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| domain | founded_year | HQ Location |
Skin conditions are diagnosed and tracked via a mobile app.
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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 Cutitronics
Frequently Asked Questions about Cutitronics
When was Cutitronics founded?
Cutitronics was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Cutitronics located?
Cutitronics is headquartered in East Kilbride, United Kingdom. It is registered at East Kilbride, Scotland, United Kingdom.
Is Cutitronics a funded company?
Cutitronics is a funded company, having raised a total of $3.22M across 2 funding rounds to date. The company's 1st funding round was a Seed of $18.3K, raised on Jul 18, 2017.
How many employees does Cutitronics have?
As of Nov 30, 2020, the latest employee count at Cutitronics is 21.
What does Cutitronics do?
Cutitronics was founded in 2014 and is based in East Kilbride, United Kingdom. A platform for personalized and automated skin and beauty care is operated, with intelligent devices used to deliver tailored data for skincare routines. Services are centered in the health technology sector, focusing on data-driven solutions for beauty needs across digital and device-based applications.
Who are the top competitors of Cutitronics?
What products or services does Cutitronics offer?
Cutitronics offers Health Insurance, Car Insurance, and Critical Illness Insurance.
Who are Cutitronics's investors?
Cutitronics has 1 investor. Key investors include Croda.
What is Cutitronics's valuation?
The valuation of Cutitronics is $10.25M as of Dec 2018.