Fred IT Group

Melbourne, Australia Founded: 1992 • Age: 34 yrs
IT solutions for pharmacy dispensing and management are provided.

About Fred IT Group

Fred IT Group is a company based in Melbourne (Australia) founded in 1992.. Fred IT Group operates in a competitive market with competitors including Omnicare, Emporos, NuvertOS, ZennX and PulseTechWeb, among others.

  • Headquarter Melbourne, Australia
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fred It Group Pty Ltd
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Fred IT Group

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2013 Amount Private Equity Round - Fred IT Group Valuation Telstra Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fred IT Group

Fred IT Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Telstra Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm backed by Telstra
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fred IT Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fred IT Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fred It Group Comparisons

Employees
+
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Competitors of Fred IT Group

Fred IT Group 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 Omnicare, Emporos, NuvertOS, ZennX and PulseTechWeb, 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
Specialized long-term care pharmacy services are provided to patients.
domain founded_year HQ Location
Pharmacy management solutions are provided for hospitals and chain pharmacies.
domain founded_year HQ Location
Provider of healthcare management solution for hospitals, clinics, and pharmacies
domain founded_year HQ Location
SaaS platform simplifies order management for pharma and FMCG sectors.
domain founded_year HQ Location
Digital solutions for pharmacies and healthcare consumers are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fred It Group

Frequently Asked Questions about Fred IT Group

When was Fred IT Group founded?

Fred IT Group was founded in 1992 and raised its 1st funding round 21 years after it was founded.

Where is Fred IT Group located?

Fred IT Group is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

What does Fred IT Group do?

Fred IT Group was founded in 1992 in Melbourne, Australia, within the IT sector focused on pharmacies. Solutions for dispensing, point-of-sale systems, retail management, pharmacy packing, and inventory control are developed. Services including data backup, anti-virus protection, server space, and wireless connectivity are also supplied. Over 3,000 business customers across Australia are supported through these operations.

Who are the top competitors of Fred IT Group?

Fred IT Group's top competitors include Omnicare, PulseTechWeb and Emporos.

Who are Fred IT Group's investors?

Fred IT Group has 1 investor. Key investors include Telstra Ventures.

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