About Extra Red
Extra Red is a company based in Pontedera (Italy) founded in 2017 was acquired by Engineering Ingegneria Informatica in July 2023.. Extra Red offers products and services including Cloud Services, AI Solutions, Middleware Platforms, and Web Applications. Extra Red operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Pontedera, Italy
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Sectors
Technology
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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 Extra Red Srl
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$375.12 K (USD), Grant
Jan 01, 2021
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Investors
Engineering Ingegneria Informatica
& 1 more
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Employee Count
Employee Count
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Acquired by
Engineering Ingegneria Informatica
(Jul 31, 2023)
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Products & Services of Extra Red
Extra Red offers a comprehensive portfolio of products and services, including Cloud Services, AI Solutions, Middleware Platforms, and Web Applications. 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.
Services for maintaining and managing cloud instances and platforms.
Tools for predictive analysis and customer data management.
Integrated solutions for business process orchestration.
Endpoints and APIs for secure HTTPS communications.
Funding Insights of Extra Red
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $375,116
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First Round
First Round
(01 Jan 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Grant - Extra Red | Valuation |
investors |
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| Jan, 2020 | Amount | Grant - Extra Red | Valuation |
investors |
| 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 Extra Red
Extra Red has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Engineering Ingegneria Informatica and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Consulting, conception, planning, and implementation services are provided.
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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 Extra Red
| 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 - Extra Red
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Extra Red Comparisons
Competitors of Extra Red
Extra Red 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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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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Frequently Asked Questions about Extra Red
When was Extra Red founded?
Extra Red was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Extra Red located?
Extra Red is headquartered in Pontedera, Italy. It is registered at Pontedera, Tuscany, Italy.
Who is the current CEO of Extra Red?
Pepe DeMarco is the current CEO of Extra Red.
What does Extra Red do?
Extra Red was founded in 2017 and is based in Pontedera, Italy. Operations focus on IT services within the technology sector, including DevOps practices, cloud infrastructure management, big data analytics solutions, and digital transformation initiatives. These services support businesses in optimizing processes and leveraging data-driven strategies across various industries. The company maintains its primary location in Italy, with potential for broader European outreach.
Who are the top competitors of Extra Red?
Extra Red's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Extra Red offer?
Extra Red offers Cloud Services, AI Solutions, Middleware Platforms, and Web Applications.
Who are Extra Red's investors?
Extra Red has 2 investors. Key investors include Engineering Ingegneria Informatica, and European Union.
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