About ITscope
ITscope is a company based in Karlsruhe (Germany) founded in 1999 by Benjamin Mouth and Stefan Reger was acquired by Weclapp in October 2021.. ITscope has completed 1 acquisition, including cop software + services. ITscope offers products and services including Price Comparison Tool, B2B Shop Creator, and ERP Integration Service. ITscope operates in a competitive market with competitors including PayEm, BirchStreet Systems, BuyerQuest, Concertiv and Omnea, among others.
- Headquarter Karlsruhe, Germany
- Founders Benjamin Mouth, Stefan Reger
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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
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- Legal Name Itscope Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Weclapp
(Oct 22, 2021)
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Products & Services of ITscope
ITscope offers a comprehensive portfolio of products and services, including Price Comparison Tool, B2B Shop Creator, and ERP Integration Service. 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.
Tool for comparing IT product prices from multiple distributors
Platform to quickly build and manage B2B online stores
Service for connecting ERP systems to streamline IT orders
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Funding Insights of ITscope
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 ITscope
ITscope has secured backing from 1 investor. Prominent investors backing the company include Weclapp. 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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Cloud-based CRM and ERP software is offered for SMEs.
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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 ITscope
ITscope has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include cop software + services. 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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Cloud-based enterprise business management software provider
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2004 |
| 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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ITscope
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Itscope Comparisons
Competitors of ITscope
ITscope 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 PayEm, BirchStreet Systems, BuyerQuest, Concertiv and Omnea, 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 |
SaaS expense management solutions are delivered for corporate organizations.
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| domain | founded_year | HQ Location |
Cloud-based procure-to-pay solutions are delivered for business management.
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| domain | founded_year | HQ Location |
Procure-to-pay software is provided for e-procurement and spend management.
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| domain | founded_year | HQ Location |
Web-enabled end-to-end procurement management solutions are provided.
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| domain | founded_year | HQ Location |
Web-enabled solutions for procurement orchestration in supply chains are offered.
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| domain | founded_year | HQ Location |
SaaS-based source-to-contract platform is provided for governments, utilities, and corporates.
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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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Frequently Asked Questions about ITscope
When was ITscope founded?
ITscope was founded in 1999.
Where is ITscope located?
ITscope is headquartered in Karlsruhe, Germany. It is registered at Karlsruhe, Baden-wurttemberg, Germany.
What does ITscope do?
ITscope was founded in 1999 in Karlsruhe, Germany, and operates in the IT sector. A web-based platform for B2B e-procurement is offered, with automation of sales and procurement processes included. Features such as customer portals, order automation, purchase optimization, export comparisons, shop integration, and ERP modules are incorporated. Operations focus on streamlining electronic procurement for businesses across Europe.
Who are the top competitors of ITscope?
ITscope's top competitors include Concertiv, Omnea and BirchStreet Systems.
What products or services does ITscope offer?
ITscope offers Price Comparison Tool, B2B Shop Creator, and ERP Integration Service.
How many acquisitions has ITscope made?
ITscope has made 1 acquisition, including cop software + services.
Who are ITscope's investors?
ITscope has 1 investor. Key investors include Weclapp.