sopp+sopp

Peterborough, United Kingdom Founded: 2003 • Age: 23 yrs Acquired By Activate Group
Accident notification solutions are provided for fleet management.
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About sopp+sopp

sopp+sopp is a company based in Peterborough (United Kingdom) founded in 2003 was acquired by Activate Group in September 2017.. The company has 105 employees as of September 30, 2022. sopp+sopp offers products and services including First Notification of Loss (FNOL), Managed Vehicle Recovery, In-Vehicle Video Monitoring, Third-Party Intervention, and Intelligent Repair Deployment. sopp+sopp operates in a competitive market with competitors including AxiKit, AccidentPlan, Smashd, NFUM Fleet and Bear Witness, among others.

  • Headquarter Peterborough, United Kingdom
  • Employees 105 as on 30 Sep, 2022
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sopp And Sopp Limited
  • Date of Incorporation 04 Jul, 2003
  • Jurisdiction PETERBOROUGH, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
    $59.66 M (USD)
    23
    as on Sep 30, 2022
  • Net Profit
    $1.05 M (USD)
    110
    as on Sep 30, 2022
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    105

    as on Sep 30, 2022

  • Acquired by
    Activate Group

    (Sep 11, 2017)

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Products & Services of sopp+sopp

sopp+sopp offers a comprehensive portfolio of products and services, including First Notification of Loss (FNOL), Managed Vehicle Recovery, In-Vehicle Video Monitoring, Third-Party Intervention, and Intelligent Repair Deployment. 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

Service for initial accident reporting in fleets to ensure quick response.

Handles vehicle retrieval and support after incidents for minimal downtime.

Uses telematics for incident analysis and risk management in fleets.

Manages third-party engagements to control costs and protect brand reputation.

Deploys efficient repairs to get vehicles back on road quickly and cost-effectively.

Funding Insights of sopp+sopp

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 sopp+sopp

sopp+sopp has secured backing from 1 investor. Prominent investors backing the company include Activate 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
Technology-led accident management services are provided for insurers and fleets.
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 sopp+sopp

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 - soppsopp

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

Sopp+Sopp Comparisons

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Competitors of sopp+sopp

sopp+sopp 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 AxiKit, AccidentPlan, Smashd, NFUM Fleet and Bear Witness, 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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Provides digital tools for documenting fleet accidents and incidents efficiently.
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Offers mobile app and training for truck accident reporting and response.
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Offers domain registration, web hosting, and SSL certificates services.
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Vehicle incident reporting service for notifying insurers and fleet managers.
domain founded_year HQ Location
Provides a cloud-based mobile app for secure location sharing.
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 Sopp+Sopp

Frequently Asked Questions about sopp+sopp

When was sopp+sopp founded?

sopp+sopp was founded in 2003.

Where is sopp+sopp located?

sopp+sopp is headquartered in Peterborough, United Kingdom.

How many employees does sopp+sopp have?

As of Sep 30, 2022, the latest employee count at sopp+sopp is 105.

What is the annual revenue of sopp+sopp?

Annual revenue of sopp+sopp is $59.66M as on Sep 30, 2022.

What does sopp+sopp do?

Founded in 2003 and based in Peterborough, United Kingdom, soppsopp operates in the fleet management sector. Accident notification platforms are offered, including streamlined incident reporting, intelligent triage, and smart deployment features. Vehicle management and downtime reduction are supported through services such as first notification of loss, vehicle recovery video monitoring, smart repair deployment, and repair management. Operations focus on enhancing incident response and recovery processes for fleets.

Who are the top competitors of sopp+sopp?

sopp+sopp's top competitors include AxiKit, AccidentPlan and Smashd.

What products or services does sopp+sopp offer?

sopp+sopp offers First Notification of Loss (FNOL), Managed Vehicle Recovery, In-Vehicle Video Monitoring, Third-Party Intervention, and Intelligent Repair Deployment.

Who are sopp+sopp's investors?

sopp+sopp has 1 investor. Key investors include Activate Group.

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