About Reason
Reason is a Technology company based in London (United Kingdom) founded in 2012, and was acquired by Paragon Group in February 2022. Diversified application development services are provided internationally. Reason offers products and services including Service Design, AI Automation, and Agile Delivery. Its focus areas include Business Services, IT Services, Application Development and Horizontal. Its competitors include Hedgehog lab, Waracle and QX Global Group; 3 of its 3 listed competitors have raised funding.
Company details
Reason was founded in 2012 and is headquartered in London, United Kingdom. Application development services across multiple sectors are offered by the company, including custom software solutions and technology integrations. Operations are centered on delivering tailored applications for various industries, with a focus on efficiency and scalability. The firm serves clients primarily in the technology and business services domains, maintaining a presence in the European market.
- Headquarters London, United Kingdom
- Stage Acquired
- SectorsTechnology
- Website reason.co
- Social LinkedIn X
- Acquired by Paragon Group (Feb 2022)
- Investors
- Acquired byParagon Group
(Feb 2022)
Products & Services of Reason
Reason offers a comprehensive portfolio of products and services, including Service Design, AI Automation, and Agile Delivery.
Delivers research and design to enhance business experiences
Automates processes like trade reconciliation for efficiency
Facilitates flexible implementation of digital solutions
Investors in Reason
Reason has secured backing from 1 investor. Prominent investors backing the company include Paragon Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified operations are conducted across multiple industries by Paragon Group. | 1998 | paragon-europe.com | Dublin, Ireland |
Investor details for Reason
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Reason
5 people are tracked at Reason (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
David Nott | President & CEO | Leadership |
Claudia Kendal | Marketing Director | Leadership |
Alexander Baxevanis | Head Of Experience Design | Leadership |
Liz Hamburger | Product Designer | Team |
Ana Marta ༼ _ ༽ | Senior Product Designer | Team |
Complete people profiles for Reason
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Reason
2 dated milestones of Reason across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Reason is founded.
- Exit Acquired by Paragon Group.
Competitors of Reason
Reason has 3 listed competitors in our database, 3 of them funded. They include Hedgehog lab, Waracle and QX Global Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| qxglobalgroup.com | 2003 | Skipton, United Kingdom | $127.98M | 1,738 | Digital transformation and business process management services are provided. |
Detailed competitors of Reason
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Frequently Asked Questions about Reason
Reason was founded in 2012.
Reason is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Reason was founded in 2012 and is headquartered in London, United Kingdom. Application development services across multiple sectors are offered by the company, including custom software solutions and technology integrations. Operations are centered on delivering tailored applications for various industries, with a focus on efficiency and scalability. The firm serves clients primarily in the technology and business services domains, maintaining a presence in the European market.
Reason's top competitors include Hedgehog lab, Waracle and QX Global Group.
Reason offers Service Design, AI Automation, and Agile Delivery.
Reason has 1 investor. Key investors include Paragon Group.
Yes. Reason was acquired by Paragon Group in February 2022.