Cint Reveals $60m Raise

Sample marketplace and res tech supplier Cint has announced the completion earlier this year of a rights issue worth SEK 596m (around $60m US), with which to accelerate its migration to a single integrated platform, and fuel its growth in key markets including the USA.

Cint's Exchange platform gives clients access to a network of more than 800 suppliers representing millions of engaged respondents in over 130 countries; while its Lucid Measurement media analytics solutions allow users to measure the effectiveness and brand lift of cross-channel advertising campaigns in real time.

The offering to existing shareholders was oversubscribed by around 60% and was completed at the beginning of 2025. Cint says the proceeds will support targeted investments in technology, operations and go-to-market execution, particularly in the US, 'where demand for agile, real-time insights is accelerating.'

CEO Patrick Comer (pictured) says the funds are 'a strong vote of confidence from our shareholders and a catalyst for our next chapter'. He adds: 'Our strategy is focused on unifying our technology, strengthening operations, and positioning Cint as the most trusted, flexible, and efficient partner in the market. We have a clear plan, and now the fuel to move faster. We're building the Cint our customers deserve: fast, focused, and fit for the future.'

Cint is listed on Nasdaq Stockholm and employs more than 800 people, in offices including Stockholm, London, New York, New Orleans, Singapore, Gurgaon and Sydney. Web site: www.cint.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.