Cint Group AB

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Cint Group AB - overview

Established

1998

Location

Stockholm, -, Sweden

Primary Industry

Software

About

Based in Sweden, Cint Group AB operates a global research marketplace, connecting businesses to millions of survey respondents to facilitate actionable insights through advanced data collection tools. Founded in 1998 in Stockholm, Sweden, Cint Group AB specializes in digital data collection and market research solutions. Over the years, the company has evolved its business strategy and offerings to adapt to the changing landscape of market research. Cint Group AB has raised a total of EUR 6.


900 mn through funding rounds, with the latest being a Series C round in February 2021, involving investors such as Creandum and Prime Ventures. The company has executed five deals to date, with its most recent deal occurring on February 19, 2021. Cint™ operates the world's largest global research marketplace, primarily through its core product offerings, including Cint Exchange and Cint Engage. Cint Exchange connects businesses with millions of survey respondents across 130 countries, enabling real-time collection of insights via targeted surveys.


Cint Engage allows organizations to monetize their online communities by linking them to Cint's extensive respondent network, enhancing engagement and revenue generation. Cint serves over 4,000 insights-driven companies, including market research firms and brands across various sectors, providing solutions utilized globally, particularly in North America, Europe, and Asia-Pacific markets. Cint generated revenue of EUR 231,375,247 in the most recent year (2022), with an EBITDA of EUR 8,765,499. 2.


The company operates a transaction model based on delivering survey responses and insights, charging clients on a pay-per-response basis through the Cint Exchange platform. Subscription services are also available for ongoing data analytics and research projects, catering to organizations of various sizes with pricing aligned to the complexity of their needs. Cint Group AB aims to expand its product offerings and market reach. The company plans to launch new initiatives in the coming years while targeting expansion into emerging markets and regions to enhance its global footprint.


The recent funding from its Series C round will be utilized to support these growth strategies, enabling Cint to invest in product development and market entry efforts for sustainable long-term growth.


Current Investors

Nordic Capital, Creandum, Prime Ventures

Primary Industry

Software

Sub Industries

Market Research & Consulting, Web Applications, Analytics & Performance Software, Sales & Marketing Software

Website

www.cint.com

Verticals

AdTech, Cloud Computing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Cint Group AB - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)33,582,995.82541,520,566.19752,786,138.96275,793,747.826---
% Revenue Growth (YoY)-23.6%27.1%43.6%---
EBITDA (USD)3,027,833.8684,326,810.3562,081,676.6854,394,175.927---
Operating Income (USD)(27,365.355)551,100.096(1,434,150.078)(597,775.723)---
Operating Margin(0.1%)1.3%(2.7%)(0.8%)---
% EBITDA Margin9.0%10.4%3.9%5.8%---
NET Income (USD)3,459,657.0533,044,957.761(1,464,269.862)(3,330,518.729)---
% Net Margin10.3%7.3%(2.8%)(4.4%)---

Cint Group AB - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleAnnouncedLucid Holdings, LLC-
IPOCompletedCint Group AB-
Add-onCompletedP2Sample-
Secondary BuyoutCompletedCint Group AB-

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