About Real Time Communications
Real Time Communications is a company based in Bury (United Kingdom) founded in 2019 by Tim Baumfield and Mike Whitney was acquired by CitNOW in August 2022. It operates as a SaaS (Software-as-a-Service). The company has 65 employees as of January 31, 2021. Real Time Communications offers products and services including RTC Aftersales, Electronic Vehicle Health Check (eVHC), Workshop Management, and Online Service Booking. Real Time Communications operates in a competitive market with competitors including Upstart, Reynolds and Reynolds, Tekion, CDK Global and Seez, among others.
- Headquarter Bury, United Kingdom
- Employees 65 as on 31 Jan, 2021
- Founders Tim Baumfield, Mike Whitney
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Rtc Automotive Solutions
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Products & Services of Real Time Communications
Real Time Communications offers a comprehensive portfolio of products and services, including RTC Aftersales, Electronic Vehicle Health Check (eVHC), Workshop Management, and Online Service Booking. 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.
Integrated platform for aftersales team efficiency and management.
Digital tool for vehicle health assessment and reporting.
Solution for tracking and managing automotive repair jobs.
Platform enabling customers to book services digitally online.
Funding Insights of Real Time Communications
| 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 |
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Investors in Real Time Communications
Real Time Communications has secured backing from 1 investor. Prominent investors backing the company include CitNOW. 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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Video support services are delivered to the automotive sector.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Real Time Communications
| 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 - Real Time Communications
| 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 |
Real Time Communications Comparisons
Competitors of Real Time Communications
Real Time Communications 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 Upstart, Reynolds and Reynolds, Tekion, CDK Global and Seez, 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 |
Diversified loans are provided via an AI-enabled online marketplace.
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| domain | founded_year | HQ Location |
Software and services for automotive dealership retailing are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven systems for auto dealership management are provided.
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| domain | founded_year | HQ Location |
Cloud-driven management systems for auto dealerships are provided.
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Developer of an online P2P marketplace for used cars
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| domain | founded_year | HQ Location |
Dealership management solutions are provided for automotive dealers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Real Time Communications
Frequently Asked Questions about Real Time Communications
When was Real Time Communications founded?
Real Time Communications was founded in 2019.
Where is Real Time Communications located?
Real Time Communications is headquartered in Bury, United Kingdom. It is registered at Bury, Greater Manchester, United Kingdom.
Who is the current CEO of Real Time Communications?
Geoffrey Page Morris is the current CEO of Real Time Communications.
How many employees does Real Time Communications have?
As of Jan 31, 2021, the latest employee count at Real Time Communications is 65.
What does Real Time Communications do?
Software solutions are developed by Real Time Communications to support automotive retailers in streamlining aftersales operations. Focus is placed on increasing efficiency, simplifying workflows, and driving profitability through integrated platforms. Sectors served include automotive retail, with solutions covering electronic vehicle health checks, workshop management, and online service booking. Partnerships with industry providers, retail groups, and vehicle manufacturers are maintained to deliver effective results. Digital tools are offered to enhance customer interaction and reduce reliance on paper-based processes.
Who are the top competitors of Real Time Communications?
Real Time Communications's top competitors include Upstart, Reynolds and Reynolds and Seez.
What products or services does Real Time Communications offer?
Real Time Communications offers RTC Aftersales, Electronic Vehicle Health Check (eVHC), Workshop Management, and Online Service Booking.
Who are Real Time Communications's investors?
Real Time Communications has 1 investor. Key investors include CitNOW.
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