About Iomart
Iomart is a company based in Glasgow (United Kingdom) founded in 1998 by Angus MacSween.. Iomart has completed 19 acquisitions, including ATech Cloud, Backup Technology and Bytemark. Iomart offers products and services including Cloud Services, Data Protection, Cyber Security, and Modern Work Solutions. Iomart operates in a competitive market with competitors including Datapipe, Crayon, 2nd Watch, All Cloud and SoftwareONE, among others.
- Headquarter Glasgow, United Kingdom
- Founders Angus MacSween
- Stage Public
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Iomart Group Plc
-
Annual Revenue
$185.73 M (USD)12.92as on Mar 31, 2025
-
Net Profit
$-71.36 M (USD)-955.72as on Mar 31, 2025
-
EBITDA
$44.12 M (USD)-8.65as on Mar 31, 2025
-
Latest Funding Round
$107.12 M (USD), Debt – Conventional
Jun 12, 2018
-
Investors
Lloyds Bank
& 1 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
ATech Cloud
& 18 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Iomart
Iomart is a publicly listed company on the LSE with ticker symbol IOM in UK, 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 Iomart
Iomart offers a comprehensive portfolio of products and services, including Cloud Services, Data Protection, Cyber Security, and Modern Work Solutions. 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.
Provides scalable managed cloud solutions for business agility.
Offers robust backup and disaster recovery for data security.
Delivers 24/7 threat detection and protection services.
Enables remote collaboration with Microsoft tools.
Unlock access to complete
Unlock access to complete
Unlock access to complete
Funding Insights of Iomart
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $107.1M
-
First Round
First Round
(01 Jun 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Debt – Conventional - Iomart | Valuation |
investors |
|
| Jul, 2015 | Amount | Debt – Conventional - Iomart | Valuation |
investors |
|
| Jul, 2012 | Amount | Debt – Conventional - Iomart | Valuation |
investors |
| 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 Iomart
Iomart has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lloyds Bank and Bank of Scotland. 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 |
|---|---|---|---|---|
|
Bank of Scotland is recognized for providing comprehensive banking and financial services.
|
Founded Year | Domain | Location | |
|
Commercial banking services are provided to retail and business clients.
|
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 Iomart
Iomart has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include ATech Cloud, Backup Technology and Bytemark. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Diversified asset management services are provided internationally.
|
2018 | ||||
|
Iomart is engaged in providing managed cloud and IT solutions.
|
2010 | ||||
|
Cloud infrastructure as a service is provided by Dediserve.
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Iomart
| 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 |
Iomart Comparisons
Competitors of Iomart
Iomart 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 Datapipe, Crayon, 2nd Watch, All Cloud and SoftwareONE, 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 |
Managed hybrid cloud services are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Crayon is involved in unspecified business activities.
|
|
| domain | founded_year | HQ Location |
Public cloud workload management tools and services are provided.
|
|
| domain | founded_year | HQ Location |
Services for the development and support of cloud-based applications
|
|
| domain | founded_year | HQ Location |
IT service suite solutions are provided globally by SoftwareONE.
|
|
| domain | founded_year | HQ Location |
Cloud services in PaaS, SaaS, and IaaS 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 Iomart
Frequently Asked Questions about Iomart
When was Iomart founded?
Iomart was founded in 1998 and raised its 1st funding round 12 years after it was founded.
Where is Iomart located?
Iomart is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
Who is the current CEO of Iomart?
Angus MacSween is the current CEO of Iomart. They have also founded this company.
What is the annual revenue of Iomart?
Annual revenue of Iomart is $185.73M as on Mar 31, 2025.
What does Iomart do?
Iomart was founded in 1998 and is headquartered in Glasgow, United Kingdom. Operations focus on the cloud services sector, where data centers are supplied to cloud providers, enterprises, and telecom firms. Vendor, platform, and technology neutrality is maintained. Brands such as Rapidswitch for cloud infrastructure, Redstation for high-performance computing and backups, and Melbourne for cloud hosting are managed. Clients including SkyScanner, Learn Direct, and Decibel Technology are served.
Who are the top competitors of Iomart?
What products or services does Iomart offer?
Iomart offers Cloud Services, Data Protection, Cyber Security, and Modern Work Solutions.
Is Iomart publicly traded?
Yes, Iomart is publicly traded on LSE under the ticker symbol IOM.
How many acquisitions has Iomart made?
Iomart has made 19 acquisitions, including ATech Cloud, Backup Technology, and Bytemark.
Who are Iomart's investors?
Iomart has 2 investors. Key investors include Lloyds Bank, and Bank of Scotland.
What is Iomart's ticker symbol?
The ticker symbol of Iomart is IOM on LSE.