Summa Technologies

Gistel, Belgium Founded: 1996 • Age: 30 yrs Acquired By Ergon Capital Partners
Software development, Agile transformation, and Salesforce consulting services are offered.

About Summa Technologies

Summa Technologies is a company based in Gistel (Belgium) founded in 1996 was acquired by Ergon Capital Partners in July 2021. The company has 47 employees. Summa Technologies has completed 1 acquisition, including Valiani. Summa Technologies operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

Operational Areas
Key Metrics
  • Annual Revenue
    $45.72 M (USD)
    6
    as on Dec 31, 2022
  • Net Profit
    $6.87 M (USD)
    -32
    as on Dec 31, 2022
  • EBITDA
    $7.99 M (USD)
    -34
    as on Dec 31, 2022
  • Investors
    CGI

    & 2 more

  • Employee Count
    47
  • Investments & Acquisitions
  • Acquired by
    Ergon Capital Partners

    & 1 more

    (Jul 2021)

Funding Insights of Summa Technologies

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Summa Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2016–Private Equity Round–Gimv
–
Valuation history

3 investors in total: 3 institutional.

Investors in Summa Technologies

Summa Technologies has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include CGI, Gimv and Apheon.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm
1980gimv.comAntwerp, Belgium
End-to-end IT and business process services are delivered worldwide.
1976cgi.comMontreal, Canada
Private equity investments with a focus on sustainable finance and ESG in Europe.
–ergoncapital.com-
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Investor details for Summa Technologies

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People of Summa Technologies

1 people are tracked at Summa Technologies (1 in leadership); the tracked headcount is 47.

NameRoleGroup
Audrey Dunning
CEOLeadership
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Investments & Acquisitions by Summa Technologies

Summa Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Valiani.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Manufacturing of flatbed cutting machines
valiani.comCertaldo, Italy1974Jun 2022β€’β€’β€’β€’
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Complete acquisition details for Summa Technologies

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Timeline of Summa Technologies

5 dated milestones of Summa Technologies across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Summa Technologies is founded.
  2. Funding First funding round.
  3. Exit Acquired by CGI.
  4. Exit Acquired by Ergon Capital Partners.
  5. Acquisition Acquires Valiani.

Competitors of Summa Technologies

Summa Technologies 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
almaviva.it2005Rome, Italy––
IT services suite solutions are provided globally by AlmavivA.
hedgehoglab.com2007Newcastle Upon Tyne, United Kingdom$9.49M88
Mobile application development and UX design services are provided.
kontron.com1959Linz, Austria$34.6M130
Embedded computing platforms are developed for industrial applications.
unicorn.com1990Prague, Czech Republic$12M–
Software development services are provided by Unicorn in Prague.
gigster.com2013Austin, United States$32.5M12
Software development services are provided via an AI-powered platform.
redshelf.com2012Chicago, United States$82.53M107
Platform offering digital textbooks for students
hancom.com1990Seongnam-si, South Korea––
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
nxtsoft.com2017Birmingham, United States$4.83M79
Computer software development services provider
digia.com2005Helsinki, Finland––
Software development services including design, integration, and testing are provided.
akqa.com1994Riyadh, Saudi Arabia$8.74M648
Integrated digital marketing campaigns are developed and executed across channels.
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Detailed competitors of Summa Technologies

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Web traffic of Summa Technologies

The website of Summa Technologies (summa.com) receives about 31.8K visits a month.

  • Monthly visits
    31.8K

    ▼ 21.1% vs previous month

Similar websites

Websites whose visitors overlap most with Summa Technologies. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
stanfordmarsh.co.uk
stanfordmarsh.co.uk
100%
–#4,306,616–
google.com
90%
85.8B#1View details
google.com.ar
google.com.ar
85%
–––

Latest news on Summa Technologies

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Similar companies to Summa Technologies

10 companies that operate in the same segment as Summa Technologies (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M1,240
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M––
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B3,200
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B––
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
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Frequently Asked Questions about Summa Technologies

Summa Technologies was founded in 1996 and raised its 1st funding round 20 years after it was founded.

Summa Technologies is headquartered in Gistel, Belgium. It is registered at Gistel, West Flanders, Belgium.

Summa Technologies has 47 employees.

Annual revenue of Summa Technologies is $45.72M as on Dec 31, 2022.

Summa Technologies was founded in 1996 and is headquartered in Gistel, Belgium. Software development services are provided, encompassing design, architecture, and construction of solutions for clients. Additional offerings include Agile transformation support and Salesforce consulting, backed by 50 certified consultants holding over 100 certifications. More than 500 projects have been completed. Partnerships are maintained with entities such as Salesforce, IBM, Microsoft, and others.

Summa Technologies's top competitors include RedShelf, Unicorn and Hedgehog lab.

Summa Technologies has made 1 acquisition, including Valiani.

Summa Technologies has 3 investors. Key investors include CGI, Gimv, and Apheon.

Yes. Summa Technologies was acquired by Ergon Capital Partners in July 2021.

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