About Lagan Technologies
Lagan Technologies is a company based in Belfast (United Kingdom) founded in 1994 was acquired by KANA Software in October 2010.. Lagan Technologies has raised $15.19 million across 3 funding rounds from investors including KANA Software, Draper Esprit and Clarendon Fund Managers. The company has 398 employees as of January 31, 2016. Lagan Technologies operates in a competitive market with competitors including LocalCircles, MicroPact, Seneca Systems, Atlas and Savvy Citizen, among others.
- Headquarter Belfast, United Kingdom
- Employees 398 as on 31 Jan, 2016
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Sectors
Government & Social Sector
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lagan Technologies Limited
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Annual Revenue
$44 M (USD)-2as on Jan 31, 2016
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Net Profit
$4.04 M (USD)153as on Jan 31, 2016
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EBITDA
$4.77 M (USD)214as on Jan 31, 2016
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Total Equity Funding
$15.19 M (USD)
in 3 rounds
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Latest Funding Round
$15.19 M (USD), Series B
Jul 20, 2006
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Investors
KANA Software
& 5 more
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Employee Count
398
as on Jan 31, 2016
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Acquired by
KANA Software
(Oct 06, 2010)
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Funding Insights of Lagan Technologies
Lagan Technologies has successfully raised a total of $15.19M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15.19 million completed in July 2006. 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 3
- Last Round Series B — $15.2M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2006 | Amount | Series B - Lagan Technologies | Valuation | Draper Esprit | |
| Apr, 2005 | Amount | Series B - Lagan Technologies | Valuation | Draper Esprit , DN Capital |
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| Jun, 2004 | Amount | Series B - Lagan Technologies | Valuation |
investors |
| 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 Lagan Technologies
Lagan Technologies has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include KANA Software, Draper Esprit and Clarendon Fund Managers. 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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Venture capital funding is provided to high-growth businesses.
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Founded Year | Domain | Location | |
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Qubis is engaged in commercializing academic research from Queen's University.
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Founded Year | Domain | Location | |
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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 Lagan Technologies
| 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 - Lagan Technologies
| 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 |
Lagan Technologies Comparisons
Competitors of Lagan Technologies
Lagan Technologies 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 LocalCircles, MicroPact, Seneca Systems, Atlas and Savvy Citizen, 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 |
Social platform to connect for various causes
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| domain | founded_year | HQ Location |
Case management software is provided for government organizations.
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| domain | founded_year | HQ Location |
Constituent communications and service management are enabled for government workers.
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| domain | founded_year | HQ Location |
Atlas is operated as an online community for government leaders.
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| domain | founded_year | HQ Location |
A mobile application designed to facilitate civic engagement and community participation.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Lagan Technologies
Frequently Asked Questions about Lagan Technologies
When was Lagan Technologies founded?
Lagan Technologies was founded in 1994 and raised its 1st funding round 10 years after it was founded.
Where is Lagan Technologies located?
Lagan Technologies is headquartered in Belfast, United Kingdom. It is registered at Belfast, Northern Ireland, United Kingdom.
Is Lagan Technologies a funded company?
Lagan Technologies is a funded company, having raised a total of $15.19M across 3 funding rounds to date.
How many employees does Lagan Technologies have?
As of Jan 31, 2016, the latest employee count at Lagan Technologies is 398.
What is the annual revenue of Lagan Technologies?
Annual revenue of Lagan Technologies is $44M as on Jan 31, 2016.
What does Lagan Technologies do?
Lagan Technologies was founded in 1994 in Belfast, United Kingdom, and specializes in citizen relationship management for local government agencies. Case management, business process management, and knowledge management are supported through its solutions. Web, mobile, and social media channels are utilized for service requests. Operations are conducted in the UK, North America, and Australia, where more than 250 government agencies rely on the platform.
Who are the top competitors of Lagan Technologies?
Lagan Technologies's top competitors include LocalCircles, Atlas and MicroPact.
Who are Lagan Technologies's investors?
Lagan Technologies has 6 investors. Key investors include KANA Software, Draper Esprit, Clarendon Fund Managers, Qubis, and Crescent Capital.
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