About Intechnica
Intechnica is a company based in Manchester (United Kingdom) founded in 2006 by Andy Still and Jeremy Charles Gidlow was acquired by Crosslake Tech in January 2023.. Intechnica has raised $22.8 million across 5 funding rounds from investors including Mercia, Crosslake Tech and Northern Powerhouse Investment Fund. The company has 62 employees as of March 31, 2021. Intechnica operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Manchester, United Kingdom
- Employees 62 as on 31 Mar, 2021
- Founders Andy Still, Jeremy Charles Gidlow
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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
*********
- Legal Name Intechnica Limited
- Date of Incorporation 13 Sep, 2018
- Jurisdiction MANCHESTER, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.8 M (USD)
in 5 rounds
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Latest Funding Round
$11.25 M (USD), Series B
Dec 22, 2021
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Investors
Mercia
& 5 more
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Employee Count
62
as on Mar 31, 2021
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Acquired by
Crosslake Tech
(Jan 18, 2023)
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Funding Insights of Intechnica
Intechnica has successfully raised a total of $22.8M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $11.25 million completed in December 2021. 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 5
- Last Round Series B — $11.3M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Intechnica | Valuation | Mercia |
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| Apr, 2019 | Amount | Series A - Intechnica | Valuation | Northern Powerhouse Investment Fund |
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| Dec, 2017 | Amount | Series A - Intechnica | Valuation | Mercia |
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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 Intechnica
Intechnica has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mercia, Crosslake Tech and Northern Powerhouse Investment Fund. 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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Private debt is extended to early-stage companies and SMEs.
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Founded Year | Domain | Location | |
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Investment management services are provided by Mercia to various clients.
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Founded Year | Domain | Location | |
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CS
Charles Sharland |
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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 Intechnica
| 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 - Intechnica
| 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 |
Intechnica Comparisons
Competitors of Intechnica
Intechnica 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, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
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| 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 |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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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 |
Provider of end-to-end business process outsourcing services
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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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Latest news on Intechnica
Frequently Asked Questions about Intechnica
When was Intechnica founded?
Intechnica was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Where is Intechnica located?
Intechnica is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Is Intechnica a funded company?
Intechnica is a funded company, having raised a total of $22.8M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.67M, raised on Jun 01, 2014.
How many employees does Intechnica have?
As of Mar 31, 2021, the latest employee count at Intechnica is 62.
What does Intechnica do?
Intechnica was founded in 2006 and is based in Manchester, United Kingdom. Bespoke software development is offered alongside digital strategy, application management, and cloud consultancy services. Mobile applications are developed for iOS, Android, Windows, and mobile web platforms. Cloud operations include AWS consulting, deployment, and ongoing management within the technology sector.
Who are the top competitors of Intechnica?
Intechnica's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Who are Intechnica's investors?
Intechnica has 6 investors. Key investors include Mercia, Crosslake Tech, Northern Powerhouse Investment Fund, Charles Sharland, and Tony Bolland.
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