Trustbit
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Trustbit - overview
Established
2007
Location
Vienna, -, Austria
Primary Industry
Software
About
Founded in 2007 and based in Vienna, Austria, SWP Softwarepark GmbH, trading under the name Trustbit, operates as a consulting company that offers software development, digital transformation, and the development of digital business models. In February 2024, TimeToAct Group GmbH a portfolio company of Equistone Partners Europe, acquired Trustbit. The firm’s partners include Binder Grosswang, Digit Consulting, Haus der Digitalisierung, Innovstion 360, etc. The company specializes in enabling and accelerating digital transformation in businesses and aiding the development of new digital revenue streams.
Trustbit leverages AI (artificial intelligence), particularly large language models like GPT, to automate tasks, analyze content, generate leads, and enhance efficiency for companies. Additionally, the company emphasizes Domain Driven Design for collaborative projects.
Current Investors
TimeToAct Group GmbH
Primary Industry
Software
Sub Industries
Consulting Services, Analytics & Performance Software
Website
www.trustbit.tech/en
Verticals
Artificial Intelligence, Artificial Intelligence, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Trustbit - 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 | Completed | Trustbit | - |
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Trustbit - employee data
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