When was ITS Technology Group founded?

ITS Technology Group was founded in 2011.

Where is ITS Technology Group located?

ITS Technology Group is located in Chester, United Kingdom .

Who is the current CEO of ITS Technology Group?

Roy Shelton is the current CEO of ITS Technology Group.

Which legal entities is ITS Technology Group associated with?

ITS Technology Group is associated with ITS (HOLDCO) LIMITED and 1 other.

How many employees does ITS Technology Group have?

ITS Technology Group has 60 employees as of Dec 31, 2021.

Is ITS Technology Group a funded company?

ITS Technology Group is a funded company, its first funding round was on Sep 20, 2016.

How much is ITS Technology Group worth?

The latest valuation of ITS Technology Group is 拢8.91惭 as on May 09, 2019.

When was the latest funding round of ITS Technology Group?

ITS Technology Group's latest funding round was on Oct 24, 2023.

Where does ITS Technology Group rank among its competitors?

ITS Technology Group ranks 21 amongst 2723 active competitors.

Who are the top competitors of ITS Technology Group?

ITS Technology Group's top competitors are 1&1 IONOS, Vonage and Viatel.

ITS Technology Group - 2025 Company Profile, Funding & Competitors

ITS Technology Group is a series C company based in Chester (United Kingdom), founded in 2011 by . It operates as an Internet, managed IT, and telephony services provider. ITS Technology Group has raised $191M in funding from Aviva Investors and Maven Capital Partners, with a current valuation of 拢8.91惭. The company has 2723 active competitors, including 69 funded and 429 that have exited. Its top competitors include companies like 1&1 IONOS, Vonage and Viatel.

Company Details

ITS Technology Group provides internet, managed IT, and telephony services to hard to reach rural and urban businesses, communities and regions. Its services include broadband (FTTP, wireless WAN, wi-fi hotspots), managed IT services (MS Office, LAN infrastructure, cloud storage), and telephony (fixed-line, VoIP). It owns and operates its own fiber and hybrid network.

Website
Social
Email ID: @itstechnologygroup.com

Key Metrics

Founded Year

2011

Location

Chester, United Kingdom

Stage

Series C

Total Funding

in 7 rounds

Latest Funding Round

Post Money Valuation

as on May 09, 2019

Investors

Aviva Investors & 9 more

Ranked

21^st among

Employee Count

as on Dec 31, 2021

Similar Companies

Viatel &

Legal entities associated with ITS Technology Group

ITS Technology Group is associated with 2 legal entities given below:

Legal Entity Name	Date of incorporation	Revenue	Net Profit	Employee Count
ITS (HOLDCO) LIMITED	Nov 17, 2019	$22M (as on Dec 31, 2022)	259	440
ITS Technology Group Ltd.	Nov 21, 2013	$21.1M (as on Dec 31, 2022)	447	381

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ITS Technology Group has raised a total funding of $191M over 7 rounds. Its first funding round was on Sep 20, 2016. Its latest funding round was a Conventional Debt round on Oct 24, 2023 for $122M. 1 investor participated in its latest round, which include Maven Capital Partners, Northern Powerhouse Investment Fund, Avenue Capital Group and Aviva Investors.

ITS Technology Group has 4 institutional investors including Aviva Investors, Maven Capital Partners and Northern Powerhouse Investment Fund. Kevin Gaskell and 5 others are Angel Investors in ITS Technology Group.

Here is the list of recent funding rounds of ITS Technology Group:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Oct 24, 2023	$122M	Conventional Debt	8357618	1504987	Avenue Capital Group
Apr 25, 2022	$124M	Series C	2240108	6362852	Aviva Investors
2020	$61.4M	Series B	1809	6843	Aviva Investors

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ITS Technology Group's valuation details

ITS Technology Group is valued at $11.6M as per the latest available filings. Here is ITS Technology Group's valuation trend over time:

Employee count trend for ITS Technology Group

Date	Valuation
May 19	$11.6M
Mar 19	931
Jan 19	583
Nov 18	898
Jun 18	503
Sep 17	973
Jun 17	937

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The founders of ITS Technology Group is . is the CEO of ITS Technology Group.

View details of ITS Technology Group's Founder profiles and Board Members

ITS Technology Group's employee count trend

ITS Technology Group has 60 employees as of Dec 21. The total employee count is 66.7% more than what it was in Dec 20. Here is ITS Technology Group's employee count trend over the years:

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Top competitors of ITS Technology Group include 1&1 IONOS, Vonage and Viatel. Here is the list of Top 10 competitors of ITS Technology Group, ranked by 秘密研究所 score :

Overall Rank	Company Details	Short Description	Total Funding	Investors	秘密研究所 Score
1st	1&1 IONOS 1988, Chesterbrook (United States), Public	Provider of cloud infrastructure & hosting services	$19.5M	Warburg Pincus, 听&补尘辫;听	80/100
2nd	Vonage 2001, Holmdel (United States), Acquired	Provider of contact center business communication solutions	$645M	, New Enterprise Associates听&补尘辫;听	76/100
3rd	Viatel 1991, Dublin (Ireland), Acquired	Connectivity, voice and data center solutions provider	$52M	Morgan Stanley, Macquarie Group听&补尘辫;听	76/100
4th	Aureon 1988, West Des Moines (United States), Acquired	Business communication and contact center services provider	$50.8M	Atlas Venture, Pfizer Venture Investments听&补尘辫;听	75/100
5th	Dialog Axiata 1993, Colombo (Sri Lanka), Public	Provider of telecommunication services	-	Axiata Group, 听&补尘辫;听	74/100
6th	BlueCat 2001, Toronto (Canada), Acquired	Cloud-based DNS and DHCP appliance and security solutions provider	$27.8M	Northleaf, Trident Capital听&补尘辫;听	70/100
7th	Ribbon 1997, Westford (United States), Public	Cloud-based optical network solutions provider	$18M	Herald Investment Management, Oak Investment Partners听&补尘辫;听	68/100
8th	TPx Communications 1998, Los Angeles (United States), Acquired	Managed IT and Business communication services provider	$308M	Credit Suisse, Bank of America听&补尘辫;听	68/100
9th	NFON 2009, Munich (Germany), Public	Cloud telephony services provider	$5.3M	Herald Investment Management, Draper Esprit听&补尘辫;听	68/100
10th	Enreach 1997, Santa Clara (United States), Acquired	Enterprise communication solutions provider	-	Waterland, I-U-Go Ventures	66/100
21st	2011, Chester (United Kingdom), Series C	Internet, managed IT, and telephony services provider	$191M	Maven Capital Partners, Northern Powerhouse Investment Fund听&补尘辫;听	60/100

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ITS Technology Group has made no investments or acquisitions yet.

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Telecom Operators - Sector Report

Edition: February, 2025 (73 Pages)

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Media has covered ITS Technology Group for a total of 6 events in the last 1 year, 4 of them have been about company updates and 2 about people movement.