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 Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 33,582,995.825 | 41,520,566.197 | 52,786,138.962 | 75,793,747.826 | - | - | - |
| % Revenue Growth (YoY) | - | 23.6% | 27.1% | 43.6% | - | - | - |
| EBITDA (USD) | 3,027,833.868 | 4,326,810.356 | 2,081,676.685 | 4,394,175.927 | - | - | - |
| 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 Margin | 9.0% | 10.4% | 3.9% | 5.8% | - | - | - |
| NET Income (USD) | 3,459,657.053 | 3,044,957.761 | (1,464,269.862) | (3,330,518.729) | - | - | - |
| % Net Margin | 10.3% | 7.3% | (2.8%) | (4.4%) | - | - | - |
Cint Group AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(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 Sale | Announced | Lucid Holdings, LLC | - | ||||||||
| IPO | Completed | Cint Group AB | - | ||||||||
| Add-on | Completed | P2Sample | - | ||||||||
| Secondary Buyout | Completed | Cint Group AB | - |
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