Sontiq, Inc.

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Sontiq, Inc. - overview

Established

2019

Location

Framingham, MA, US

Primary Industry

Software

About

Sontiq, Inc. is a U. S. -based company that specializes in identity protection and security solutions, addressing identity theft and data breaches through advanced monitoring and resolution services.


Founded in 2019, Sontiq, Inc. operates out of Framingham, Massachusetts, USA. The company was acquired by TransUnion LLC in December 2021, creating an integrated identity protection platform. The founders have not been disclosed, but Sontiq has completed 3 deals with the most recent being a TRADE SALE valued at USD 638.


00 mn, raising a total of USD 638. 00 mn. Sontiq offers a comprehensive suite of identity protection and security solutions designed to address the growing challenges of identity theft and data breaches. Their core product offerings include advanced credit monitoring, identity theft protection, and fraud resolution services, which empower individuals and companies to safeguard their sensitive information.


These services utilize real-time monitoring and alerts to inform users of potential threats, helping them take immediate action to protect their identities. Targeting both individual consumers and businesses, Sontiq serves a diverse client base that spans across North America and select international markets, where they aim to provide peace of mind through robust identity management solutions. This proactive approach to identity security reflects an understanding of the critical need for both personal and organizational safety in today's digital landscape. Sontiq generates revenue primarily through subscription-based models that cater to individuals and businesses seeking identity protection services.


Clients typically engage in annual or monthly subscription plans that provide varying levels of monitoring and support, tailored to their specific needs. This transactional structure allows for flexible pricing strategies, accommodating both direct-to-consumer models and partnerships with businesses that offer Sontiq's services as part of their employee benefits packages. Key products contributing to revenue include comprehensive identity theft protection services, which serve as flagship offerings, ensuring steady engagement from an established customer base. Sontiq is focused on expanding its product offerings to include new features tailored to evolving market demands, with potential launches planned within the next 12 months.


The recent acquisition by TransUnion LLC is expected to enhance Sontiq's capabilities and provide opportunities for growth in both individual and enterprise markets. The funding from the TRADE SALE is anticipated to support these initiatives, positioning Sontiq to bolster its presence in the identity protection sector while exploring new geographic regions and partnerships.


Primary Industry

Software

Sub Industries

Consumer Services, IT Security/Cybersecurity, Monitoring & Security Software

Website

www.sontiq.com

Verticals

Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Sontiq, Inc. - 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)
Trade SaleCompletedSontiq, Inc.-
Add-onCompletedIdentityForce, Inc.-
Secondary BuyoutCompletedSontiq, Inc.-
BuyoutCompletedSontiq, Inc.-

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