About GFT
GFT is a company based in Stuttgart (Germany) founded in 1987.. The company has 11,570 employees as of December 31, 2024. GFT has completed 8 acquisitions, including Asymco, GFT Technologies and Habber Tec. GFT offers products and services including AI.DA Marketplace and Platform Modernization.
- Headquarter Stuttgart, Germany
- Employees 11570 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gft Technologies Se
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Annual Revenue
$904.8 M (USD)10.4as on Dec 31, 2024
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Net Profit
$48.29 M (USD)-3.9as on Dec 31, 2024
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EBITDA
$85.49 M (USD)3.45as on Dec 31, 2024
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Latest Funding Round
$1.03 M (USD), Grant
Jan 01, 2021
- Investors
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Employee Count
11570
as on Dec 31, 2024
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Investments & Acquisitions
Asymco
& 7 more
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IPO & Listings of GFT
GFT is a publicly listed company on the XETR with ticker symbol GFT in Germany, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of GFT
GFT offers a comprehensive portfolio of products and services, including AI.DA Marketplace and Platform Modernization. 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.
Advanced AI and data-driven solutions are offered through this platform to support innovation in various sectors
Cloud migration and core system updates are provided to enhance efficiency in banking and insurance operations
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Funding Insights of GFT
- Total Funding Total Funding
- Total Rounds 8
- Last Round Grant — $1.0M
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First Round
First Round
(01 Dec 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Grant - GFT | Valuation |
investors |
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| Jan, 2020 | Amount | Grant - GFT | Valuation |
investors |
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| Oct, 2019 | Amount | Grant - GFT | 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 GFT
GFT has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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 |
| 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 GFT
GFT has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Asymco, GFT Technologies and Habber Tec. 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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Provider of business consulting services
|
2011 | ||||
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Provider of in-depth Apple business analysis and investor conferences
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2010 | ||||
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Provider of application development services
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2006 |
| 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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - GFT
| 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 |
Gft Comparisons
Competitors of GFT
| 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 Gft
Frequently Asked Questions about GFT
When was GFT founded?
GFT was founded in 1987 and raised its 1st funding round 28 years after it was founded.
Where is GFT located?
GFT is headquartered in Stuttgart, Germany. It is registered at Stuttgart, Baden-wurttemberg, Germany.
How many employees does GFT have?
As of Dec 31, 2024, the latest employee count at GFT is 11,570.
What is the annual revenue of GFT?
Annual revenue of GFT is $904.8M as on Dec 31, 2024.
What does GFT do?
GFT was established in 1987 and is based in Stuttgart, Germany. Business consulting forms the core of its operations, with services focused on advisory support for various sectors. The companys domain, gft.com, facilitates global outreach. Expertise is delivered through structured consulting frameworks, emphasizing practical solutions for business challenges. Headquarters in Germany anchor its primary activities, while extensions reach international markets as needed.
What products or services does GFT offer?
GFT offers AI.DA Marketplace and Platform Modernization.
Is GFT publicly traded?
Yes, GFT is publicly traded on XETR under the ticker symbol GFT.
How many acquisitions has GFT made?
GFT has made 8 acquisitions, including Asymco, GFT Technologies, and Habber Tec.
Who are GFT's investors?
GFT has 1 investor. Key investors include European Union.
What is GFT's ticker symbol?
The ticker symbol of GFT is GFT on XETR.