Ictech Limited

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Ictech Limited - overview

Location

-, -, UK

Primary Industry

Telecoms

About

ICTech is a technology solutions provider focused on enhancing operational efficiencies with innovative software platforms that serve industries such as logistics, healthcare, and finance. ICTech is a technology company that offers software solutions and was founded in the UK. The company has not undergone any major pivots or changes in its business strategy. ICTech was established to streamline operations for various industries.


The current leadership team includes CEOs Niclas Kark, Pontus Wendel, and Richard Hedström. The company specializes in innovative technology solutions designed to enhance operational efficiencies across various industries. Their core product offerings include a software platform that integrates seamlessly with existing infrastructures, providing users with real-time analytics, data management, and automation capabilities. The platform is tailored for industries such as logistics, healthcare, and finance, addressing challenges such as resource allocation, regulatory compliance, and performance tracking.


Since its release, the software has garnered a diverse client base including mid-sized enterprises and large corporations in North America, Europe, and Asia, who rely on these solutions to streamline their operations and improve decision-making processes. ICTech generates revenue through a subscription-based model, allowing clients to access their software platform at various pricing tiers based on scale and features selected. This transaction structure fosters long-term relationships with clients, who can choose from individual licenses or enterprise-level packages tailored to their specific needs. The flagship product, known for its robust analytics capabilities, is a significant contributor to the company's overall revenue stream.


Clients typically engage in annual contracts, providing predictable revenue flow, and additional revenue is derived from premium support services and add-on features that enhance the core platform's functionality.


Primary Industry

Telecoms

Sub Industries

Internet Service Providers, Cable Service Providers

Website

www.ictech.com

Total Amount Raised

Subscriber access only

Ictech Limited - 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)
Series CCompletedFollowcap Inc.-
Trade SaleCompletedFollowcap Inc.-

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Ictech Limited - employee data

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