About Third Summit
Third Summit is a company based in New York (United States) founded in 2019 by Matthew Cimaglia.. Third Summit has raised $7.09 million across 1 funding round from investors including Florida Innovation Capital. Third Summit has completed 1 acquisition, including Blis. Third Summit operates in a competitive market with competitors including S⁴Capital, Townsquare Media, Advantage Solutions, Prophet and Tinuiti, among others.
- Headquarter New York, United States
- Founders Matthew Cimaglia
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Sectors
Business Services
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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
$7.09 M (USD)
in 1 rounds
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Latest Funding Round
$7.09 M (USD), Seed
Apr 14, 2023
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Third Summit
Third Summit has successfully raised a total of $7.09M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.09 million completed in April 2023. 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 1
- Last Round Seed — $7.1M
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First Round
First Round
(14 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Seed - Third Summit | Valuation | Florida Innovation Capital |
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| 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 Third Summit
Third Summit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Florida Innovation Capital. 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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A private equity fund focused on empowering innovative visionaries.
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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 Third Summit
Third Summit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Blis. 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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Video professionals are connected with businesses through an online platform.
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2018 |
| 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 - Third Summit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Third Summit Comparisons
Competitors of Third Summit
Third Summit 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 S⁴Capital, Townsquare Media, Advantage Solutions, Prophet and Tinuiti, 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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| domain | founded_year | HQ Location |
Digital advertising and content marketing services are provided globally.
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Media Company focused on radio broadcasting, live events, marketing solutions
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Consumer packaged goods sales and digital marketing services are provided.
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| domain | founded_year | HQ Location |
Brand and marketing consulting solutions provider
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| domain | founded_year | HQ Location |
Digital marketing services including paid search and e-commerce are provided.
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| domain | founded_year | HQ Location |
Digital marketing, advertising, and IT services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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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 Third Summit
Frequently Asked Questions about Third Summit
When was Third Summit founded?
Third Summit was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Third Summit located?
Third Summit is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Third Summit?
Matthew Cimaglia is the current CEO of Third Summit. They have also founded this company.
Is Third Summit a funded company?
Third Summit is a funded company, having raised a total of $7.09M across 1 funding round to date. The company's 1st funding round was a Seed of $7.09M, raised on Apr 14, 2023.
What does Third Summit do?
Third Summit was established in 2019 and is based in New York, United States. Consulting services are offered in branding, content marketing, leadership development, and advisory roles. Operations center on supporting businesses through strategic guidance and content strategies. The company serves clients in the professional services sector, with a focus on North American markets. Leadership is provided by co-founder and CEO Matthew Cimaglia.
Who are the top competitors of Third Summit?
Third Summit's top competitors include S⁴Capital, Townsquare Media and Tinuiti.
How many acquisitions has Third Summit made?
Third Summit has made 1 acquisition, including Blis.
Who are Third Summit's investors?
Third Summit has 1 investor. Key investors include Florida Innovation Capital.