Tyntec
Mobile interaction specialist, enabling businesses to integrate mobile telecom services for a wide range of uses.
- Telecommunication
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
N/A | Early VC | ||
| Total Funding | 000k | ||
| GBP | 2015 | 2016 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 25 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
In 2002, entrepreneurs Thorsten Trapp and Dr. Ralph Eric Kunz identified a gap in the market: businesses lacked a reliable way to use SMS for professional communication. They founded Tyntec to solve this, creating a platform to turn text messaging into a dependable business tool. The company built its own carrier-grade infrastructure, offering direct connectivity to mobile networks, which attracted a growing number of enterprise clients looking for stability and scale. The company's core offering is a Communications Platform as a Service (CPaaS), which allows businesses to integrate messaging, voice, and verification services into their applications through APIs. This enables functions like sending automated notifications, two-factor authentication, and engaging with customers on chat apps like WhatsApp. A significant moment in Tyntec's journey came in 2016 with a management buyout backed by private equity firm Cipio Partners. This event saw the exit of earlier investors, including HarbourVest Partners and Iris Capital, and set the stage for a new phase of growth. The company has since expanded its services, becoming an official solutions provider for the WhatsApp Business API and solidifying its position in the competitive cloud communications landscape.