About Scytl
Scytl is a company based in Barcelona (Spain) founded in 2001.. Scytl has raised $127.42 million across 14 funding rounds from investors including European Union, Balderton Capital and EIC Fund. Scytl has completed 2 acquisitions, including PressVote and SOE Software. Scytl operates in a competitive market with competitors including Voatz, Hart InterCivic, Knowink, Dominion Voting and SAG Infotech, among others.
- Headquarter Barcelona, Spain
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Sectors
Government & Social Sector
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$127.42 M (USD)
in 14 rounds
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Latest Funding Round
$268.09 K (USD), Grant
Oct 01, 2021
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Investors
European Union
& 10 more
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Employee Count
Employee Count
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Investments & Acquisitions
PressVote
& 1 more
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Funding Insights of Scytl
Scytl has successfully raised a total of $127.42M across 14 strategic funding rounds. The most recent funding activity was a Grant round of $268.09 thousand completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 14
- Last Round Grant — $268,088
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First Round
First Round
(08 Oct 2002)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Grant - Scytl | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Scytl | Valuation |
investors |
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| Apr, 2018 | Amount | Grant - Scytl | 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 Scytl
Scytl has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Balderton Capital and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Multistage venture capital investments are focused on technology sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on B2B SaaS solutions, enterprise tech, and deeptech applications
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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 Scytl
Scytl has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include PressVote and SOE Software. 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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Software solutions for election management and voting automation are provided.
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2006 | ||||
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Election management and communication software is provided to government agencies.
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2002 |
| 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 - Scytl
| 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 |
Scytl Comparisons
Competitors of Scytl
Scytl 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 Voatz, Hart InterCivic, Knowink, Dominion Voting and SAG Infotech, 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 |
Blockchain is employed for secure mobile election voting.
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| domain | founded_year | HQ Location |
Election management software and voting systems are supplied to governments.
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| domain | founded_year | HQ Location |
Election management software suite is provided for polling and tracking.
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| domain | founded_year | HQ Location |
Election management software is provided for secure voting processes.
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| domain | founded_year | HQ Location |
Web-based election management software is provided for administrators and volunteers.
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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 Scytl
Frequently Asked Questions about Scytl
When was Scytl founded?
Scytl was founded in 2001 and raised its 1st funding round 1 year after it was founded.
Where is Scytl located?
Scytl is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Is Scytl a funded company?
Scytl is a funded company, having raised a total of $127.42M across 14 funding rounds to date. The company's 1st funding round was a Grant of $559.83K, raised on Oct 08, 2002.
What does Scytl do?
Scytl offer end to end election management and governance solutions. Pre-Election solutions include planning, voter registration, election logistics, and election financing, Election day offerings include voter management, remote voting, online voting, and Post-Election day offerings include results consolidation, election night reporting, and audit. Also, offers governance solutions and professional services. Election types supported include political elections, referendums, universities, parliament, assemblies, unions, and shareholders. Claims to have clients across 40 countries. Major clients include Election Commission of Bangladesh, State of Alaska USA, Electoral Commission Queensland, Ministry of Education France, and US Elections.
Who are the top competitors of Scytl?
Scytl's top competitors include SAG Infotech, Modern Democracy and Voatz.
How many acquisitions has Scytl made?
Scytl has made 2 acquisitions, including PressVote, and SOE Software.
Who are Scytl's investors?
Scytl has 11 investors. Key investors include European Union, Balderton Capital, EIC Fund, Nauta Capital, and Vy Capital.