Trendit
Demographic Trends and Crowd Behavior Analysis
Company Overview
Snapshot
Founded in January 2008, Trendit operates with 11–50 employees. The company raised $4.55 million across one disclosed funding round. In June 2017, Trendit was acquired by RedZone, marking a significant exit for the company.
Business overview
Trendit provides innovative solutions for real-time mapping of demographic trends and crowd behavior analysis. Its patented technology offers instant and highly accurate analytics, including real-time population estimations and big data insights. The company serves various markets by providing information previously available only through censuses and surveys, enabling applications such as population estimates for smart cities, alerts for safety and security organizations, and campaign targeting for marketing within the Business Software sector.
Strategic signal
In June 2017, Trendit was acquired by RedZone, as announced by Helios and Matheson Analytics. This acquisition included Trendit's assets, notably three technology patents, signaling a strategic consolidation in the market for demographic trend and crowd behavior analysis technologies.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant exit event for Trendit?
- In June 2017, Trendit was acquired by RedZone. This acquisition was announced by Helios and Matheson Analytics and included all of Trendit's assets, such as its technology patents.
- When did Trendit go public?
- In January 2016, Trendit completed an Initial Public Offering (IPO) on the London Stock Exchange (LSE) under the ticker TRIT.
- What was the total capital raised by Trendit?
- Trendit raised a total of $4.55 million across its funding activities.
- What was the status of Trendit's listing on the London Stock Exchange?
- Trendit was delisted from the London Stock Exchange (LSE) in August 2016 due to its impending acquisition.
- What is the core technology offered by Trendit?
- Trendit offers patented technology for real-time mapping of demographic trends and crowd behavior, providing dynamic insights and content related to location information, including real-time population estimations and big data analytics.