About VAKT
VAKT is a company based in London (United Kingdom) founded in 2018.. VAKT has raised $67.61 million across 4 funding rounds from investors including Reliance Industries and Aramco Ventures. VAKT offers products and services including vSure, vLogistics, and vActuals. VAKT operates in a competitive market with competitors including Embed, Baton Systems, Clearmatics, Sernova Financial and RQD, among others.
- Headquarter London, United Kingdom
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Vakt Global Limited
- Date of Incorporation 06 Apr, 2018
- Jurisdiction LONDON, ENGLAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$67.61 M (USD)
in 4 rounds
-
Latest Funding Round
$25.82 M (USD), Series B
Jan 13, 2021
-
Investors
Reliance Industries
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of VAKT
VAKT offers a comprehensive portfolio of products and services, including vSure, vLogistics, and vActuals. 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.
Eliminates errors in commodity trade confirmations via digital methods.
Facilitates digital communications for efficient trade nominations.
Secures quantity and quality data using blockchain technology.
Funding Insights of VAKT
VAKT has successfully raised a total of $67.61M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $25.82 million completed in January 2021. 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 Series B — $25.8M
-
First Round
First Round
(20 Jul 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series B - VAKT | Valuation |
investors |
|
| Jan, 2020 | Amount | Series A - VAKT | Valuation | Aramco Ventures |
|
| Dec, 2018 | Amount | Series A - VAKT | Valuation | Reliance Industries |
|
| 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 VAKT
VAKT has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Reliance Industries and Aramco Ventures. 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 |
|---|---|---|---|---|
|
Early-stage startups are targeted for investment by Aramco Ventures.
|
Founded Year | Domain | Location | |
|
Diversified conglomerate operating across multiple industries
|
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 VAKT
| 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 - VAKT
| 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 |
Vakt Comparisons
Competitors of VAKT
VAKT 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 Embed, Baton Systems, Clearmatics, Sernova Financial and RQD, 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 |
Provider of API's for broker-dealers, RIAs, and banks
|
|
| domain | founded_year | HQ Location |
Post-trade clearing and settlement solutions are offered for merchants.
|
|
| domain | founded_year | HQ Location |
Clearing and settlement technology for financial OTC markets
|
|
| domain | founded_year | HQ Location |
Cloud-based post-trade services are provided for clearing and risk management.
|
|
| domain | founded_year | HQ Location |
A clearing and settlement platform for trades is offered.
|
| 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 Vakt
Frequently Asked Questions about VAKT
When was VAKT founded?
VAKT was founded in 2018.
Where is VAKT located?
VAKT is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of VAKT?
Etienne Amic is the current CEO of VAKT.
Is VAKT a funded company?
VAKT is a funded company, having raised a total of $67.61M across 4 funding rounds to date. The company's 1st funding round was a Series A of $36.7M, raised on Jul 20, 2018.
What does VAKT do?
VAKT was founded in 2018 in London, United Kingdom, as a blockchain-based platform for post-trade settlement in the financial sector. Counterparty communications are secured and linked directly to transactions through blockchain technology. Trade finance processes are digitalized via an integrated banking marketplace, supporting efficient operations for participants in energy and commodities trading.
Who are the top competitors of VAKT?
VAKT's top competitors include Baton Systems, Sernova Financial and Embed.
What products or services does VAKT offer?
VAKT offers vSure, vLogistics, and vActuals.
Who are VAKT's investors?
VAKT has 2 investors. Key investors include Reliance Industries, and Aramco Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.