About LITT
LITT is a company based in Perth (Australia) founded in 2019.. LITT has raised $1.5 million across 1 funding round. LITT offers products and services including Reward Points System, AR Deals Platform, Cashback Service, Digital Gift Cards, and LITT Visa Card. LITT operates in a competitive market with competitors including NexTech AR Solutions, Transmira, Poplar Studio, Judy's Book and Aglet, among others.
- Headquarter Perth, Australia
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Sectors
TechnologyMedia & Entertainment
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Phone
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Website
*********
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Social
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- Legal Name Litt Global Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Mar 10, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of LITT
LITT offers a comprehensive portfolio of products and services, including Reward Points System, AR Deals Platform, Cashback Service, Digital Gift Cards, and LITT Visa Card. 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.
Earn points by watching ads and redeem for rewards.
Claim exclusive deals through AR technology.
Provide instant cashback on partner purchases.
Send instant digital cards for occasions.
Manage rewards and payments in one card.
Buy and create digital spaces in AR and VR.
Funding Insights of LITT
LITT has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in March 2021. 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 — $1.5M
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First Round
First Round
(10 Mar 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - LITT | Valuation |
investors |
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| 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 |
Investments & Acquisitions by LITT
| 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 - LITT
| 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 |
Litt Comparisons
Competitors of LITT
LITT 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 NexTech AR Solutions, Transmira, Poplar Studio, Judy's Book and Aglet, 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 |
AR-based content management software is offered for 3D product experiences.
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| domain | founded_year | HQ Location |
Provider of XR cloud for smart cities
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| domain | founded_year | HQ Location |
Provider of augmented reality solutions for brands
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| domain | founded_year | HQ Location |
Social platform for local communities
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| domain | founded_year | HQ Location |
AR Sneaker shopping game
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| domain | founded_year | HQ Location |
AR permissions on physical locations are managed and monetized.
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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 Litt
Frequently Asked Questions about LITT
When was LITT founded?
LITT was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is LITT located?
LITT is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
Is LITT a funded company?
LITT is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 10, 2021.
What does LITT do?
LITT was founded in 2019 in Perth, Australia, as a provider of a social platform focused on augmented reality experiences. Users are allowed to earn rewards by watching advertisements, with features including story posting, AR reward bags, digital wallets, and chat functions. The platform operates via mobile applications available on Android and iOS devices.
Who are the top competitors of LITT?
LITT's top competitors include NexTech AR Solutions, mCanvas and Poplar Studio.
What products or services does LITT offer?
LITT offers Reward Points System, AR Deals Platform, Cashback Service, Digital Gift Cards, and 2 more products and services.