About Tyntec
Tyntec is a company based in Douglas (United Kingdom) founded in 2002.. Tyntec has raised $16.73 million across 4 funding rounds from investors including HarbourVest Partners. Tyntec offers products and services including Verify, Authenticate, Engage Conversations, and Inbox. Tyntec operates in a competitive market with competitors including RingCentral, 1&1 IONOS, Avaya, Vonage and BlueCat, among others.
- Headquarter Douglas, United Kingdom
- Stage Minicorn
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Sectors
TelecommunicationsTechnology
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Phone
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Website
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Social
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- Legal Name Tyntec Limited
- Date of Incorporation 02 Apr, 2007
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.73 M (USD)
in 4 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Tyntec
Tyntec offers a comprehensive portfolio of products and services, including Verify, Authenticate, Engage Conversations, and Inbox. 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.
Service for ensuring accuracy of customer phone numbers.
Enhances security through personalized authentication methods.
Facilitates messaging for marketing and customer interactions.
Platform for managing customer relationships and retention.
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Funding Insights of Tyntec
Tyntec has successfully raised a total of $16.73M across 4 strategic funding rounds. 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 4
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Tyntec | Valuation |
investors |
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| Apr, 2018 | Amount | Series A - Tyntec | Valuation |
investors |
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| May, 2017 | Amount | Series A - Tyntec | Valuation |
investors |
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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 Tyntec
Tyntec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HarbourVest Partners. 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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Private market investment solutions are offered to institutional clients.
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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 Tyntec
| 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 |
Financial Statements - Tyntec
| 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 |
Tyntec Comparisons
Competitors of Tyntec
Tyntec 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 RingCentral, 1&1 IONOS, Avaya, Vonage and BlueCat, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Cloud-based unified communication software is delivered for businesses.
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| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
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| domain | founded_year | HQ Location |
Cloud-based DNS, DHCP appliances, and security solutions are provided.
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| domain | founded_year | HQ Location |
Real-time communication and conversational AI solutions are provided by Agora.
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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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| 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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Latest news on Tyntec
Frequently Asked Questions about Tyntec
When was Tyntec founded?
Tyntec was founded in 2002 and raised its 1st funding round 6 years after it was founded.
Where is Tyntec located?
Tyntec is headquartered in Douglas, United Kingdom.
Is Tyntec a funded company?
Tyntec is a funded company, having raised a total of $16.73M across 4 funding rounds to date. The company's 1st funding round was a Series A of $7.27M, raised on Jun 26, 2008.
What does Tyntec do?
Founded in 2002 and headquartered in Douglas, United Kingdom, Tyntec operates in the telecommunications sector. Mobile interaction services are delivered, focusing on messaging solutions that link enterprises with customers through network operators. Secure cloud storage for phone contacts is also facilitated. Operations emphasize reliable communication channels across global networks, supporting business collaborations without direct consumer marketing.
Who are the top competitors of Tyntec?
Tyntec's top competitors include Agora, Bandwidth and RingCentral.
What products or services does Tyntec offer?
Tyntec offers Verify, Authenticate, Engage Conversations, and Inbox.
Who are Tyntec's investors?
Tyntec has 1 investor. Key investors include HarbourVest Partners.
What is Tyntec's valuation?
The valuation of Tyntec is $65.45M as of Apr 2018.
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