First IT Overview
- Year Founded
-
2003
- Status
-
Acquired/Merged
- Employees
-
37
- Latest Deal Type
-
M&A
First IT General Information
Description
Operator of IT-managed services intended to bridge the gap between businesses and information and communications technology (ICT). The company offers information technology-oriented services such as IT infrastructure, strategy, efficiency, communication, and telephony, enabling customers to compare their traditional IT investments in the workplace.
Contact Information
Website
www.first.euCorporate Office
- Antwerpsesteenweg 261 bus 4
- 2800 Mechelen
- Belgium
Corporate Office
- Antwerpsesteenweg 261 bus 4
- 2800 Mechelen
- Belgium
First IT Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 01-Jan-2023 | Completed | Generating Revenue | |||
| 3. Later Stage VC | 07-Jul-2023 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 30-Sep-2022 | $149K | $659K | Completed | Generating Revenue | |
| 1. Angel (individual) | 18-Jan-2022 | $511K | $511K | Completed | Generating Revenue |
First IT Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Class B | ||||||||
| Class B | 234 | $2092.56 | $2092.56 | 1x | $2092.56 | 12.28% |
First IT Comparisons
Industry
Financing
Details
First IT Competitors (1)
One of First IT’s competitors is Webcentral, a Corporation company based in Melbourne, Australia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Webcentral | Corporation | Melbourne, Australia |
First IT Signals
First IT Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| InvestLink (Oud-Turnhout) | Venture Capital | Minority |
First IT FAQs
-
When was First IT founded?
First IT was founded in 2003.
-
Where is First IT headquartered?
First IT is headquartered in Mechelen, Belgium.
-
What is the size of First IT?
First IT has 37 total employees.
-
What industry is First IT in?
First IT’s primary industry is IT Consulting and Outsourcing.
-
Is First IT a private or public company?
First IT is a Private company.
-
What is First IT’s current revenue?
The current revenue for First IT is .
-
How much funding has First IT raised over time?
First IT has raised $1.42M.
-
Who are First IT’s investors?
InvestLink (Oud-Turnhout) has invested in First IT.
-
Who are First IT’s competitors?
Webcentral is a competitor of First IT.
-
When was First IT acquired?
First IT was acquired on 01-Jan-2023.
-
Who acquired First IT?
First IT was acquired by BraveHub Group.
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