- Companies
- Numerator
Numerator Acquisition, Valuation, Funding & Investors
Numerator was acquired by Kantar for $1.5B in April 2021, a 8.5x multiple on $176M of revenue.
Numerator acquisition price
$1.5B
Acquired by Kantar · Apr 2021
Numerator revenue at acquisition
$176M
Last twelve months · Apr 2021
Numerator revenue multiple at acquisition
8.5x
EV/Revenue · Apr 2021
Cumulative funding Numerator raised
$21M
across 2 funding rounds
About Numerator
Numerator is a Chicago-headquartered market intelligence provider aggregating data from 500 million annual purchase receipts via its InfoScout panel. Acquired by Vista Equity Partners in 2018, it links CPG sales for Nike and Procter & Gamble to promotions tracked across Walmart and Amazon. Clients access weekly path-to-purchase analytics covering 2,500 product categories.
Founded
1990
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$176M (Apr 2021)
Valuation
$1.5B (acquired Apr 2021)
Sectors
Numerator Acquisition
Numerator was acquired by Kantar for $1.5B on 19 April 2021.
The acquisition price implies a 8.5x revenue multiple on $176M of revenue.
Before the acquisition Numerator had raised $21M across 2 funding rounds.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 19 Apr 2021 | Strategic M&A | $1.5B | 8.5x |
Numerator Funding History
Numerator has raised a total of $21M across 2 funding rounds.
Numerator's first fundraising round was a $5M Series A in May 2013. The most recent completed round was a $16M Series B in June 2014.
Numerator funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Jun 2014 | Series B | Horizon Partners; MHS Capital; Bain Capital Ventures | $16M |
| May 2013 | Series A | Bain Capital Ventures (lead); Founder Collective; dunnhumby Ventures | $5M |
Who has invested in Numerator?
5 investors have backed Numerator across its funding rounds, including Bain Capital Ventures, Founder Collective, MHS Capital, dunnhumby Ventures and Horizon Partners.
Lead investors include Bain Capital Ventures.
Numerator Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | May 2013 | ||
| 1 | Participant | Jun 2014 | ||
| 1 | Participant | Jun 2014 | ||
This data is available for Pro users. Sign up to see all 5 Numerator investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by Numerator
Numerator has acquired 2 companies to date.
Last acquisition by Numerator was on December 20th 2021. Numerator acquired HatchTank for undisclosed valuation.
Latest Acquisitions by Numerator
| Description | HatchTank is a qualitative research platform that facilitates online focus groups and consumer interviews via web and mobile interfaces. Headquartered in New York, it supports interactive stimuli like image uploads, video clips, and concept testing in real-time sessions. Clients from brands such as Procter & Gamble and Unilever use it for agile market research, with features for observer access and collaborative moderation. | Information Machine LLC is a developer of an API that integrates item-level purchase streams into mobile and web applications. The platform passively collects data from loyalty card transactions, online purchases, receipt scans, and barcode inputs. Upon user requests, it enriches purchase history with product details like nutrition facts and pricing, delivering comprehensive information to app developers serving consumer-facing services. |
| HQ Country | ||
| HQ City | Calgary | New York City, NY |
| Deal Date | 20 Dec 2021 | 16 Dec 2020 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Numerator acquisitions and their M&A valuation multiples. Start Free Trial | ||
Numerator Competitors
Numerator competitors include listed companies like Ipsos and Clarivate, and private ones like Alida, Mu Sigma, Morning Consult and Sutherland.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.5B | - | ||
| Private | $200M | - | $1.5B | 7.5x | ||
| Publicly listed | $2.9B | $429M | $1.7B | 0.7x | ||
| Publicly listed | $2.5B | $829M | $1.2B | 2.2x | ||
| Private | $50M | - | $1B | - | ||
| Private | - | - | $1B | - |
Numerator Public Comps
Numerator is no longer listed, but its public comps include Ipsos, Clarivate, Beijing Dataway Horizon, Latent View Analytics, GlobalData, Mitsubishi Research, Enento Group, YouGov, Fintel and CRISIL.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2.9B | $429M | 0.7x | 0.7x | 4.8x | 4.5x | |||
| $2.5B | $829M | 2.1x | 2.2x | 6.3x | 5.3x | |||
| $54M | ($3M) | 9.8x | - | (184.5x) | - | |||
| $111M | $27M | 4.4x | 4.0x | 17.8x | 18.2x | |||
| $433M | $140M | 1.7x | 1.7x | 5.3x | 5.0x | |||
| $781M | $88M | 0.6x | 0.6x | 5.3x | 5.7x | |||
| $176M | $50M | 3.3x | 3.2x | 11.6x | 9.2x | |||
| $522M | $99M | 1.3x | 1.2x | 6.6x | 5.8x | |||
This data is available for Pro users. Sign up to see all Numerator competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Numerator
| When was Numerator founded? | Numerator was founded in 1990. |
| Where is Numerator headquartered? | Numerator is headquartered in Chicago, IL, United States. |
| Is Numerator publicly listed? | No, Numerator was acquired by Kantar in April 2021. |
| Who acquired Numerator? | Numerator was acquired by Kantar in April 2021. |
| How much was Numerator acquired for? | Numerator was acquired for $1.5B in April 2021, a 8.5x revenue multiple. |
| How much funding has Numerator raised? | Numerator has raised $21M across 2 funding rounds. |
| What was Numerator's last funding round? | Numerator's last funding round was a $16M Series B in June 2014. |
| Who are Numerator's investors? | Numerator's investors include Bain Capital Ventures, Horizon Partners, MHS Capital, Founder Collective and dunnhumby Ventures. |
| Which companies are comparable to Numerator? | Companies comparable to Numerator include Alida, Mu Sigma, Ipsos, Clarivate, Morning Consult and Sutherland. |
| How many companies has Numerator acquired? | Numerator has acquired 2 companies, including HatchTank and Information Machine LLC. |
See companies similar to Numerator
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