About NNIT
NNIT is a company based in Søborg (Denmark) founded in 1994.. NNIT has raised $12.8 million across 1 funding round. NNIT has completed 4 acquisitions, including Excellis Health Solutions, Halfmann Goetsch Partner and SCALES Group. NNIT operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Søborg, Denmark
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nnit A/S
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.8 M (USD)
in 1 rounds
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Latest Funding Round
$12.8 M (USD), Unspecified
Jun 28, 1999
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Excellis Health Solutions
& 3 more
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Leadership Team
34 people
Senior Team
25 people
Software Development Team
20 people
Sales and Marketing
9 people
Human Resources and Administration
8 people
Principal Team
7 people
Finance and Accounting
5 people
Product Management Team
5 people
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Funding Insights of NNIT
NNIT has successfully raised a total of $12.8M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $12.8 million completed in June 1999. 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 Unspecified — $12.8M
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First Round
First Round
(28 Jun 1999)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 1999 | Amount | Unspecified - NNIT | 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 NNIT
NNIT has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Excellis Health Solutions, Halfmann Goetsch Partner and SCALES Group. 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
|
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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Diversified operations are maintained across multiple industries by SCALES Group.
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2011 | ||||
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Supply chain consulting, validation, and quality management services are provided.
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2010 | ||||
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Manufacturer of ultrasonic and laser wire bonders and related services
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2008 |
| 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 - NNIT
| 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 |
Nnit Comparisons
Competitors of NNIT
NNIT 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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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 Nnit
Frequently Asked Questions about NNIT
When was NNIT founded?
NNIT was founded in 1994 and raised its 1st funding round 5 years after it was founded.
Where is NNIT located?
NNIT is headquartered in Søborg, Denmark.
Who is the current CEO of NNIT?
Par Fors is the current CEO of NNIT.
Is NNIT a funded company?
NNIT is a funded company, having raised a total of $12.8M across 1 funding round to date. The company's 1st funding round was a Unspecified of $12.8M, raised on Jun 28, 1999.
What does NNIT do?
NNIT was founded in 1994 in Soborg, Denmark, and operates in the IT services sector with a focus on life sciences. Custom application development is offered alongside Microsoft Dynamics 365 and Power Platform implementations. Cybersecurity and compliance services are also provided, along with specialized solutions for the life sciences industry. White papers and news updates are available on the company website.
Who are the top competitors of NNIT?
NNIT's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
How many acquisitions has NNIT made?
NNIT has made 4 acquisitions, including Excellis Health Solutions, Halfmann Goetsch Partner, and SCALES Group.
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