About Ittybit
Ittybit is a company based in London (United Kingdom) founded in 2015. It operates as a API-as-a-Product. Ittybit has raised $1.92 million across 1 funding round from investors including Mercuri, Sure Valley Ventures and Oxford Capital. Ittybit offers products and services including Media APIs and Automations. Ittybit operates in a competitive market with competitors including Onymos, Frontegg, Handwriting, Nuclia and Keet, among others.
- Headquarter London, United Kingdom
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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 Ittybit Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.92 M (USD)
in 1 rounds
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Latest Funding Round
$1.92 M (USD), Seed
Jun 05, 2024
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Investors
Mercuri
& 3 more
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Employee Count
Employee Count
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Products & Services of Ittybit
Ittybit offers a comprehensive portfolio of products and services, including Media APIs and Automations. 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.
Scalable media APIs are provided for various applications.
Automation solutions are offered for media processing tasks.
Funding Insights of Ittybit
Ittybit has successfully raised a total of $1.92M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.92 million completed in June 2024. 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 1
- Last Round Seed — $1.9M
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First Round
First Round
(05 Jun 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Seed - Ittybit | Valuation | Mercuri , Sure Valley Ventures |
| 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 Ittybit
Ittybit has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Mercuri, Sure Valley Ventures and Oxford Capital. 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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Seed-stage technology companies are invested in by Mercuri fund.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in UK technology sectors.
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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 Ittybit
| 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 - Ittybit
| 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 |
Ittybit Comparisons
Competitors of Ittybit
Ittybit 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 Onymos, Frontegg, Handwriting, Nuclia and Keet, 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 |
Built-in components are utilized by Onymos for mobile app development.
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| domain | founded_year | HQ Location |
Authorization features are integrated into applications via APIs and SDKs.
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| domain | founded_year | HQ Location |
Text is converted into realistic handwriting through a REST API.
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| domain | founded_year | HQ Location |
Agentic RAG-as-a-Service platform is provided for AI search and answers.
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| domain | founded_year | HQ Location |
API-based integration solutions are provided for developers to automate 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 Ittybit
Frequently Asked Questions about Ittybit
When was Ittybit founded?
Ittybit was founded in 2015 and raised its 1st funding round 9 years after it was founded.
Where is Ittybit located?
Ittybit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Ittybit a funded company?
Ittybit is a funded company, having raised a total of $1.92M across 1 funding round to date. The company's 1st funding round was a Seed of $1.92M, raised on Jun 05, 2024.
What does Ittybit do?
Ittybit is engaged in delivering scalable media APIs and automation solutions. The company operates within the technology sector, focusing on providing tools for media processing and integration. Services are offered to clients across various industries, with a presence in multiple countries including the United Kingdom, United States, Austria, Sweden, Egypt, and Ghana. Remote hiring is also supported to expand the team globally.
Who are the top competitors of Ittybit?
What products or services does Ittybit offer?
Ittybit offers Media APIs and Automations.
Who are Ittybit's investors?
Ittybit has 4 investors. Key investors include Mercuri, Sure Valley Ventures, Oxford Capital, and Baltic Ventures.
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