About Thomson Reuters
Thomson Reuters is a company based in Toronto (Canada) founded in 2008 by Richard Smith. It operates as a SaaS (Software-as-a-Service), Professional Services, and API-as-a-Product. The company has 26,400 employees as of December 31, 2024. Thomson Reuters has completed 74 acquisitions, including AMG Data Services, ASSET4 and Aliaxis Italia. Thomson Reuters offers products and services including CoCounsel Legal, Westlaw, ONESOURCE, and CLEAR. Thomson Reuters operates in a competitive market with competitors including TaxAct, TaxDown, OnlinePajak, Blue dot and Anrok, among others.
- Headquarter Toronto, Canada
- Employees 26400 as on 31 Dec, 2024
- Founders Richard Smith
- Stage Public
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Sectors
Professional & Legal ServicesTechnology
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Phone
*********
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Website
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Social
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- Legal Name Thomson Reuters Corporation
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Annual Revenue
$6.91 B (USD)8.43as on Dec 31, 2024
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Net Profit
$2.11 B (USD)-16.76as on Dec 31, 2024
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EBITDA
$2.63 B (USD)5.62as on Dec 31, 2024
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Latest Funding Round
$34.91 K (USD), Grant
Nov 01, 2019
- Investors
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Employee Count
26400
as on Dec 31, 2024
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Investments & Acquisitions
AMG Data Services
& 73 more
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IPO & Listings of Thomson Reuters
Thomson Reuters is a publicly listed company on the TSX with ticker symbol TRI in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Thomson Reuters
Thomson Reuters offers a comprehensive portfolio of products and services, including CoCounsel Legal, Westlaw, ONESOURCE, and CLEAR. 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.
Legal research and drafting are streamlined by AI technology.
Legal research is conducted efficiently with trusted content.
Corporate tax processes are automated for compliance accuracy.
Investigations are supported by intuitive risk management tools.
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Software Development Team
263 people
Sales and Marketing
75 people
Leadership Team
72 people
Product Management Team
45 people
Senior Team
36 people
Legal and Compliance
32 people
Human Resources and Administration
32 people
Finance and Accounting
26 people
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Funding Insights of Thomson Reuters
- Total Funding Total Funding
- Total Rounds 14
- Last Round Grant — $34,914
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2019 | Amount | Grant - Thomson Reuters | Valuation |
investors |
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| Feb, 2019 | Amount | Grant - Thomson Reuters | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - Thomson Reuters | Valuation |
investors |
| 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 |
Investors in Thomson Reuters
Thomson Reuters has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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 entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Thomson Reuters
Thomson Reuters has strategically engaged in corporate development activities, having acquired 74 companies. Notable acquisitions include AMG Data Services, ASSET4 and Aliaxis Italia. 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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CoCounsel is developed as an AI assistant for tax, audit, and accounting.
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2023 | ||||
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Tech-enabled legal services are delivered via AI and lawyer connections.
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2022 | ||||
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Provider of digital publisher and printing services
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2021 |
| 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 - Thomson Reuters
| 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 |
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Thomson Reuters Comparisons
Competitors of Thomson Reuters
Thomson Reuters 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 TaxAct, TaxDown, OnlinePajak, Blue dot and Anrok, 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 |
Tax filing software is offered for individuals and businesses.
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Cloud and app-based tax management solutions for individuals and businesses
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Tax reporting SaaS platform is provided for SMEs.
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Tax compliance solutions are delivered for employees and businesses.
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Cloud-based sales tax compliance solution that automates tax calculation and filing for software-as-a-service companies, enabling them to focus on growth while ensuring compliance with global tax regulations
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| domain | founded_year | HQ Location |
Professional tax preparation software is developed for tax professionals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Thomson Reuters
Frequently Asked Questions about Thomson Reuters
When was Thomson Reuters founded?
Thomson Reuters was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is Thomson Reuters located?
Thomson Reuters is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Thomson Reuters?
Steve Hasker is the current CEO of Thomson Reuters.
How many employees does Thomson Reuters have?
As of Dec 31, 2024, the latest employee count at Thomson Reuters is 26,400.
What is the annual revenue of Thomson Reuters?
Annual revenue of Thomson Reuters is $6.91B as on Dec 31, 2024.
What does Thomson Reuters do?
Thomson Reuters is established as a global leader in delivering software and content solutions across multiple professional sectors. Services are provided in legal research, tax compliance, accounting, global trade, and risk management. Advanced AI tools like CoCounsel are integrated to enhance efficiency in legal drafting and analysis. Solutions for tax and trade compliance, such as ONESOURCE, are designed to automate workflows for corporations and accounting firms. Risk and fraud detection tools like CLEAR are offered to support investigations. The company also operates in news and media through platforms like Reuters Connect, serving a wide range of industries with trusted content and innovative technology.
Who are the top competitors of Thomson Reuters?
What products or services does Thomson Reuters offer?
Thomson Reuters offers CoCounsel Legal, Westlaw, ONESOURCE, and CLEAR.
Is Thomson Reuters publicly traded?
Yes, Thomson Reuters is publicly traded on TSX under the ticker symbol TRI.
How many acquisitions has Thomson Reuters made?
Thomson Reuters has made 74 acquisitions, including AMG Data Services, ASSET4, and Aliaxis Italia.
Who are Thomson Reuters's investors?
Thomson Reuters has 1 investor. Key investors include European Union.
What is Thomson Reuters's ticker symbol?
The ticker symbol of Thomson Reuters is TRI on TSX.
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