About Preferred Technology
Preferred Technology is a company based in Middle River (United States) founded in 2004 by Khin Contrino was acquired by Meriplex in August 2020.. Preferred Technology offers products and services including IT Services, Management Consulting, and Staffing Solutions. Preferred Technology operates in a competitive market with competitors including UST, NTT DATA, 1&1 IONOS, Accenture and Epam, among others.
- Headquarter Middle River, United States
- Founders Khin Contrino
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Sectors
Business ServicesTechnology
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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 Preferred Technology Solutions Inc.
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Products & Services of Preferred Technology
Preferred Technology offers a comprehensive portfolio of products and services, including IT Services, Management Consulting, and Staffing Solutions. 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.
Supports system development and maintenance for clients.
Provides risk assessments and strategic planning solutions.
Offers on-demand staffing for various projects.
Funding Insights of Preferred Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Preferred Technology
Preferred Technology has secured backing from 1 investor. Prominent investors backing the company include Meriplex. 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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Hybrid cloud solutions are offered for enterprise needs.
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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 Preferred Technology
| 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 - Preferred Technology
| 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 |
Preferred Technology Comparisons
Competitors of Preferred Technology
Preferred Technology 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, 1&1 IONOS, Accenture and Epam, 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 |
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| 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 |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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Provider of software development, data analytics, and other IT suite services
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Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Preferred Technology
When was Preferred Technology founded?
Preferred Technology was founded in 2004.
Where is Preferred Technology located?
Preferred Technology is headquartered in Middle River, United States. It is registered at Middle River, Maryland, United States.
Who is the current CEO of Preferred Technology?
Khin Contrino is the current CEO of Preferred Technology. They have also founded this company.
What does Preferred Technology do?
Preferred Technology, established in 2004 and currently in Acquired stage, focuses on providing business support, hr services, and recruitment services. Provider of IT service suite solutions, management consulting and staffing services. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of Preferred Technology?
What products or services does Preferred Technology offer?
Preferred Technology offers IT Services, Management Consulting, and Staffing Solutions.
Who are Preferred Technology's investors?
Preferred Technology has 1 investor. Key investors include Meriplex.