iBlocks

London, United Kingdom Founded: 2000 • Age: 26 yrs Acquired By Tracsis
Software solutions for public transport ticketing and integration are offered.
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About iBlocks

iBlocks is a company based in London (United Kingdom) founded in 2000 was acquired by Tracsis in March 2020.. The company has 22 employees as of March 31, 2017. iBlocks offers products and services including smartTIS, smartREPAY, and iBlocks. iBlocks operates in a competitive market with competitors including HopOn, Easybook, Masabi, Ubirider and Rail Europe, among others.

  • Headquarter London, United Kingdom
  • Employees 22 as on 31 Mar, 2017
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Iblocks Limited
  • Date of Incorporation 17 Mar, 2000
  • Jurisdiction LEEDS, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Transportation, Automotive & Logistics → General Mobility & Transit Solutions
Key Metrics
  • Annual Revenue
    $4.39 M (USD)
    14
    as on Jul 31, 2021
  • Net Profit
    $1.07 M (USD)
    614
    as on Jul 31, 2021
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    22

    as on Mar 31, 2017

  • Acquired by
    Tracsis

    (Mar 11, 2020)

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Products & Services of iBlocks

iBlocks offers a comprehensive portfolio of products and services, including smartTIS, smartREPAY, and iBlocks. 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.

Primary

PAYG smart ticketing solution for transit passengers and operators.

Automated system for processing rail delay repay claims efficiently.

Software for transit and ticketing management in transportation.

Funding Insights of iBlocks

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 iBlocks

iBlocks has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tracsis. 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
Institutional
Investor Description Founded Year Domain Location
Provider of software, hardware, data analytics, and transport services
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 iBlocks

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 - iBlocks

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

Iblocks Comparisons

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Competitors of iBlocks

iBlocks 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 HopOn, Easybook, Masabi, Ubirider and Rail Europe, 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
SaaS mobility-as-a-service and data collection for public transit are provided.
domain founded_year HQ Location
Travel tickets and accommodations are booked via an online platform.
domain founded_year HQ Location
Saas-enabled plafform offering mobile ticketing solutions for transport operators
domain founded_year HQ Location
Public transport app for tickets and timetables
domain founded_year HQ Location
Train journeys are planned and booked via an online platform.
domain founded_year HQ Location
App-based automated ticketing platform for public transport in Switzerland
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 Iblocks

Frequently Asked Questions about iBlocks

When was iBlocks founded?

iBlocks was founded in 2000.

Where is iBlocks located?

iBlocks is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does iBlocks have?

As of Mar 31, 2017, the latest employee count at iBlocks is 22.

What is the annual revenue of iBlocks?

Annual revenue of iBlocks is $4.39M as on Jul 31, 2021.

What does iBlocks do?

Founded in 2000 and based in London, United Kingdom, iBlocks focuses on the public transport sector. Software solutions such as smartTIS, an account-based back office for managing ticketing cycles including booking, fare generation, payment collection, and revenue settlement, are provided. Additionally, smartRepay is offered for automated delay repay claim assessment on UK Rail, alongside systems integration services.

Who are the top competitors of iBlocks?

iBlocks's top competitors include Masabi, HopOn and Ridlr.

What products or services does iBlocks offer?

iBlocks offers smartTIS, smartREPAY, and iBlocks.

Who are iBlocks's investors?

iBlocks has 1 investor. Key investors include Tracsis.

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