Markit

Tallinn, Estonia Founded: 2003 • Age: 23 yrs Acquired By BPM
IT marketplace for hardware and accessories procurement is operated.
Annual revenue $8,382 Latest available
Total funding $2.6M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Markit

Markit is a company based in Tallinn (Estonia) founded in 2003 was acquired by BPM in March 2016. Markit has raised $2.63 million across 1 funding round from investors including Ambient Sound Investments and BPM Capital. Markit operates in a competitive market with competitors including Simr, Virtuozzo, Taloflow, Viio and Akash Network, among others.

  • Headquarter Tallinn, Estonia
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Markit B2b Aps
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $8.38 K (USD)
    572
    as on Dec 31, 2021
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.63 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.63 M (USD), Series A

    Dec 19, 2006

  • Investors
  • Employee Count
    Not available
  • Acquired by
    BPM

    (Mar 30, 2016)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Funding Insights of Markit

Markit has successfully raised a total of $2.63M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.63 million completed in December 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.

Investors in Markit

Markit has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ambient Sound Investments and BPM Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Seed and early stage VC firm investing in Europe & the US
Locked Locked Locked
Mezzanine financing is offered by BPM Capital for enterprises.
Locked Locked Locked
Premium access

Investor details for Markit

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Markit

Investments
Premium access

Investment portfolio details for Markit

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Markit

Premium access

Detailed financials for Markit

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Markit Comparisons

Markit Primary company
Description
IT marketplace for hardware and accessories procurement is o...
Location
Tallinn, Estonia
Founded Year
2003
Annual Revenue
$8.38 K (USD)
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Markit

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Markit

Markit 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 Simr, Virtuozzo, Taloflow, Viio and Akash Network, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of HPC as a service for cloud simulations
Locked Locked Locked
A cloud marketplace platform is operated for infrastructure transactions.
Locked Locked Locked
Cloud management and optimization platform is provided for enterprises.
Locked Locked Locked
Saas based cloud spend management platform
Locked Locked Locked
Decentralized blockchain marketplace for cloud computing is operated.
Locked Locked Locked
Cryptocurrency pool mining solutions are provided for user rewards.
Premium access

Detailed competitors of Markit

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Markit

Premium access

Complete news archive for Markit

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Markit

Markit was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Markit is headquartered in Tallinn, Estonia.

Andres Agasild is the current CEO of Markit.

Markit is a funded company, having raised a total of $2.63M across 1 funding round to date.

Annual revenue of Markit is $8.38K as on Dec 31, 2021.

Markit was established in 2003 in Tallinn, Estonia, as a provider in the IT sector. An online marketplace is maintained, allowing international companies to source hardware and accessories. Procurement processes are streamlined, with solutions designed to minimize time and overall costs of IT acquisitions. Operations focus on efficiency for global buyers in the technology supply chain.

Markit's top competitors include Simr, intY and Akash Network.

Markit has 2 investors. Key investors include Ambient Sound Investments, and BPM Capital.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available