About Snaitech
Snaitech is a company based in Milan (Italy) founded in 1990 was acquired by Flutter Entertainment in September 2024.. Snaitech has completed 2 acquisitions, including GIOVE GROUP and Giobet.
- Headquarter Milan, Italy
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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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Latest Funding Round
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Investors
Playtech
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
GIOVE GROUP
& 1 more
- Acquired by
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Funding Insights of Snaitech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2011 | Amount | Post-IPO - Snaitech | 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 Snaitech
Snaitech has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Playtech, Flutter Entertainment and Investindustrial. 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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Buyouts are targeted by this private equity investment firm.
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Founded Year | Domain | Location | |
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SaaS-driven tech solutions for gambling operators are delivered.
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Founded Year | Domain | Location | |
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Gambling services are provided via sports betting and online platforms.
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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 Snaitech
Snaitech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GIOVE GROUP and Giobet. 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
|
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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Provider of casino gaming services
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2014 | ||||
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Multi-category betting activities are facilitated via an online platform.
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1965 |
| 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 - Snaitech
| 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 |
Snaitech Comparisons
Competitors of Snaitech
| 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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Frequently Asked Questions about Snaitech
When was Snaitech founded?
Snaitech was founded in 1990 and raised its 1st funding round 21 years after it was founded.
Where is Snaitech located?
Snaitech is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
What does Snaitech do?
Snaitech was established in 1990 and is headquartered in Milan, Italy. Operations focus on the development and delivery of software solutions centered on business intelligence. Services encompass data analytics, reporting tools, and integration platforms tailored for various industries. The companys domain, snaitech.it, supports its online presence. Activities are conducted primarily within the European market, with emphasis on enhancing decision-making processes through technology.
How many acquisitions has Snaitech made?
Snaitech has made 2 acquisitions, including GIOVE GROUP, and Giobet.
Who are Snaitech's investors?
Snaitech has 3 investors. Key investors include Playtech, Flutter Entertainment, and Investindustrial.