ITM

London, United Kingdom Founded: 2003 • Age: 23 yrs Acquired By Lumera
Technology and data consulting services are provided for financial sectors.

About ITM

ITM is a company based in London (United Kingdom) founded in 2003 was acquired by Lumera in July 2024.. The company has 155 employees as of January 31, 2021. ITM offers products and services including Life and Pensions Administration Platform, Customer Empowerment, Migration Services, and Data Consultancy.

  • Headquarter London, United Kingdom
  • Employees 155 as on 31 Jan, 2021
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Independent Transition Management Limited
  • Date of Incorporation 12 Dec, 2002
  • Jurisdiction GUILDFORD, ENGLAND
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Inflexion

    & 1 more

  • Employee Count
    155

    as on Jan 31, 2021

  • Acquired by
    Lumera

    & 1 more

    (Jul 02, 2024)

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Products & Services of ITM

ITM offers a comprehensive portfolio of products and services, including Life and Pensions Administration Platform, Customer Empowerment, Migration Services, and Data Consultancy. 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

SaaS platform for managing group protection and pension schemes securely.

Tools for data provision and self-service portals in pensions.

Strategic planning for legacy system consolidation and data management.

Independent services to optimize policy data for business value.

Funding Insights of ITM

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 ITM

ITM has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Inflexion and Lumera. 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
Inflexion is engaged in mid-market private equity investments across Europe.
Founded Year Domain Location
Proprietary polymer materials are developed for photonic communications applications.
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 ITM

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 - ITM

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

Itm Comparisons

Employees
+
Add Comparison
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Competitors of ITM

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 Itm

Inflexion to sell ITM
Privateequitywire1 year ago

Frequently Asked Questions about ITM

When was ITM founded?

ITM was founded in 2003.

Where is ITM located?

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

Who is the current CEO of ITM?

Mark Lecompte is the current CEO of ITM.

How many employees does ITM have?

As of Jan 31, 2021, the latest employee count at ITM is 155.

What does ITM do?

ITM was established in 2003 and is headquartered in London, United Kingdom. Consulting services in technology and data are delivered to clients in the pensions, insurance, and broader financial sectors. Operations focus on supporting sector-specific needs through advisory and implementation expertise. The company maintains a presence in the UK financial services landscape, addressing challenges in data management and technological integration.

What products or services does ITM offer?

ITM offers Life and Pensions Administration Platform, Customer Empowerment, Migration Services, and Data Consultancy.

Who are ITM's investors?

ITM has 2 investors. Key investors include Inflexion, and Lumera.

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