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
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Pareteum Corp
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Annual Revenue
$69.64 M12as on Dec 31, 2020
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Net Profit
$-44.66 M80as on Dec 31, 2020
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EBITDA
$-25.61 M87as on Dec 31, 2020
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Latest Funding Round
$17.5 M (USD), Post-IPO
Jun 09, 2020
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Investors
Hoving Partners
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Circles Aspire
& 3 more
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Funding Insights of Pareteum
- Total Funding Total Funding
- Total Rounds 9
- Last Round Post-IPO — $17.5M
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First Round
First Round
(11 Feb 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Post-IPO - Pareteum | Valuation |
investors |
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| Dec, 2019 | Amount | Post-IPO - Pareteum | Valuation |
investors |
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| Mar, 2019 | Amount | Debt – Conventional - Pareteum | 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 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. 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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Alternative investments in private credit, equity, and real estate are managed by Post Road Group.
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Founded Year | Domain | Location | |
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Offers wealth management services, including portfolio advisory and financial planning.
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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 Pareteum
Pareteum has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Circles Aspire, Devicescape and ValidSoft. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Voice biometrics are applied to secure access and prevent fraud.
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2003 | ||||
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Wi-Fi solutions for mobile device connectivity management are developed.
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2000 | ||||
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Secure Wi-Fi access is provided globally via hotspot networks.
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1996 |
| 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 - Pareteum
| 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 |
Pareteum Comparisons
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. 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 |
IT solutions and services are provided to multiple industries.
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| domain | founded_year | HQ Location |
Product, order management, and network provisioning solutions are provided.
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| domain | founded_year | HQ Location |
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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| domain | founded_year | HQ Location |
Network planning, assurance, analytics, and optimization solutions are provided.
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| domain | founded_year | HQ Location |
Real-time and predictive analytics are delivered to telecom providers.
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| domain | founded_year | HQ Location |
OSS/BSS and IT services are provided to the telecommunications sector.
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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 Pareteum
Frequently Asked Questions about Pareteum
When was Pareteum founded?
Pareteum was founded in 2001 and raised its 1st funding round 10 years after it was founded.
Where is Pareteum located?
Pareteum is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
What is the annual revenue of Pareteum?
Annual revenue of Pareteum is $69.64M as on Dec 31, 2020.
What does Pareteum do?
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.
Who are the top competitors of Pareteum?
How many acquisitions has Pareteum made?
Pareteum has made 4 acquisitions, including Circles Aspire, Devicescape, and ValidSoft.
Who are Pareteum's investors?
Pareteum has 2 investors. Key investors include Hoving Partners, and Post Road Group.