Reason

London, United Kingdom Founded: 2012 • Age: 14 yrs Acquired By Paragon Group
Diversified application development services are provided internationally.

About Reason

Reason is a company based in London (United Kingdom) founded in 2012 was acquired by Paragon Group in February 2022.. Reason offers products and services including Service Design, AI Automation, and Agile Delivery. Reason operates in a competitive market with competitors including AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Paragon Group

    (Feb 02, 2022)

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Products & Services of Reason

Reason offers a comprehensive portfolio of products and services, including Service Design, AI Automation, and Agile Delivery. 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.

Primary

Delivers research and design to enhance business experiences

Automates processes like trade reconciliation for efficiency

Facilitates flexible implementation of digital solutions

People of Reason
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Ana Marta ༼ _ ༽
Senior Product Designer
People
Alexander Baxevanis
Head Of Experience Design

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Funding Insights of Reason

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Reason

Reason has secured backing from 1 investor. Prominent investors backing the company include Paragon 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.

All
Investor Description Founded Year Domain Location
Diversified operations are conducted across multiple industries by Paragon Group.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Reason

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Reason

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Reason Comparisons

Employees
+
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Competitors of Reason

Reason 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 AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, 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
Integrated digital marketing campaigns are developed and executed across channels.
domain founded_year HQ Location
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
domain founded_year HQ Location
IT services suite solutions are provided globally by AlmavivA.
domain founded_year HQ Location
Mobile application development and UX design services are provided.
domain founded_year HQ Location
Mobile apps and IoT solutions are developed across platforms.
domain founded_year HQ Location
Offshore enterprise application development and IT consulting services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Reason

Frequently Asked Questions about Reason

When was Reason founded?

Reason was founded in 2012.

Where is Reason located?

Reason is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

What does Reason do?

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.

Who are the top competitors of Reason?

Reason's top competitors include Hedgehog lab, AlmavivA and AKQA.

What products or services does Reason offer?

Reason offers Service Design, AI Automation, and Agile Delivery.

Who are Reason's investors?

Reason has 1 investor. Key investors include Paragon Group.

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