Pareteum

Barcelona, Spain Founded: 2001 • Age: 25 yrs
Software-defined cloud platform and MVNE services provider
Annual revenue $69.6M Latest available
Total funding - 9 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Pareteum

Pareteum is a company based in Barcelona (Spain) founded in 2001 by Robert Turner. Pareteum has completed 4 acquisitions, including Circles Aspire, Devicescape and ValidSoft. Pareteum operates in a competitive market with competitors including Neusoft, Sigma Systems, Synchronoss, TEOCO and Mobileum, among others.

  • Headquarter Barcelona, Spain
  • Founders Robert Turner
  • Stage Public
  • Sectors
    Telecommunications
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Pareteum Corp
Operational Areas
Telecommunications → Telecommunications Software & Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $69.64 M (USD)
    12
    as on Dec 31, 2020
  • Net Profit
    -$44.66 M (USD)
    80
    as on Dec 31, 2020
  • EBITDA
    -$25.61 M (USD)
    87
    as on Dec 31, 2020
  • Latest Funding Round
    $17.5 M (USD), Post-IPO

    Jun 09, 2020

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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People of Pareteum

Headcount 50-200
Employee Profiles 2
Board Members and Advisors 4
Employee Profiles
People
Laura W. Thomas
Interim CFO
People
Bart Weijermars
Interim Chief Executive Officer and Chief Strategy Officer

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Board Members and Advisors
people
Mary Beth Vitale
Interim Chairman
people
Robert H. Turner
Director
people
Luis Jimenez-Tuñon
Director
people
Robert L. Lippert
Director

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Funding Insights of Pareteum

Investors in Pareteum

Pareteum has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Hoving Partners and Post Road Group.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Alternative investments in private credit, equity, and real estate are managed by Post Road Group.
Locked Locked Locked
Offers wealth management services, including portfolio advisory and financial planning.
Locked Locked Locked
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Investor details for Pareteum

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  • Participation history

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Investments & Acquisitions by Pareteum

Pareteum has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Circles Aspire, Devicescape and ValidSoft.

Investments
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Investment portfolio details for Pareteum

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

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Voice biometrics are applied to secure access and prevent fraud.
Locked Locked 2003 Locked
Wi-Fi solutions for mobile device connectivity management are developed.
Locked Locked 2000 Locked
Secure Wi-Fi access is provided globally via hotspot networks.
Locked Locked 1996 Locked
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Complete acquisition details for Pareteum

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Financial Statements - Pareteum

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Detailed financials for Pareteum

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Pareteum Comparisons

Pareteum Primary company
Description
Software-defined cloud platform and MVNE services provider
Location
Barcelona, Spain
Founded Year
2001
Annual Revenue
$69.64 M (USD)
Net Profit
-$44.66 M (USD)
EBITDA
-$25.61 M (USD)
Employees
Not available
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Peer comparison for Pareteum

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Competitors of Pareteum

Pareteum 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 Neusoft, Sigma Systems, Synchronoss, TEOCO and Mobileum, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
IT solutions and services are provided to multiple industries.
Locked Locked Locked
Product, order management, and network provisioning solutions are provided.
Locked Locked Locked
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
Locked Locked Locked
Network planning, assurance, analytics, and optimization solutions are provided.
Locked Locked Locked
Real-time and predictive analytics are delivered to telecom providers.
Locked Locked Locked
OSS/BSS and IT services are provided to the telecommunications sector.
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Detailed competitors of Pareteum

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Latest news on Pareteum

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Complete news archive for Pareteum

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Frequently Asked Questions about Pareteum

Pareteum was founded in 2001 and raised its 1st funding round 10 years after it was founded.

Pareteum is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.

Annual revenue of Pareteum is $69.64M as on Dec 31, 2020.

Pareteum was established in 2001 and operates from Barcelona, Spain, within the telecommunications sector. A cloud-based platform is offered, along with proprietary software and managed services, to support mobile network operators, virtual network operators, enterprises, government entities, educational institutions, application developers, content providers, and retail organizations. Virtualized software-defined networking and network function virtualization technologies are utilized in the mobile core network platform.

Pareteum's top competitors include Iconectiv, Neusoft and Amdocs.

Pareteum has made 4 acquisitions, including Circles Aspire, Devicescape, and ValidSoft.

Pareteum has 2 investors. Key investors include Hoving Partners, and Post Road Group.

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