# Calltic NV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/calltic

- Industry: IT Security/Cybersecurity
- Headquarters: Gent, Belgium
- Website: www.calltic.com
- Total disclosed funding: $1.7M
- Latest round: Series A (Jan 15, 2020)
- Investors on record: 3

## About

Calltic NV is a telecommunications fraud detection company that specializes in advanced solutions designed to combat SIMbox interconnect bypass fraud and International Revenue Share Fraud (IRSF).Calltic NV, founded in 2017 and headquartered in Gent, Belgium, focuses on providing innovative telecommunications fraud detection services. The firm has raised EUR 1.5 million in Series A funding in January 2020, led by Qbic Fund and supported by investors Akiles and imec.istart. The founder, Filip Hoste, has a history of entrepreneurial ventures, contributing to the firm's strategic vision. Calltic has successfully completed one funding deal to date, allowing it to enhance its service offerings.Calltic specializes in advanced telecommunications fraud detection solutions, targeting issues such as SIMbox interconnect bypass fraud and International Revenue Share Fraud (IRSF). Their technology platform allows for swift and precise detection of fraud across telecom networks, serving major telecom operators in Africa, Latin America, and Asia, and providing tools that help maintain revenue integrity and improve profitability.Calltic's revenue model is based on subscription services provided to telecommunications companies. Clients form direct partnerships with Calltic, integrating its advanced fraud detection technology into their operations. The revenue structure includes ongoing service agreements, allowing operators to customize their service levels. For the most recent year, Calltic reported an EBITDA of EUR 821,114.4, demonstrating the effectiveness of its solutions in enhancing fraud management.Calltic NV aims to expand its product offerings and geographic reach in the upcoming years. The company plans to develop new fraud detection products tailored for emerging market needs, with launches expected by late 2024. Additionally, it seeks to penetrate new markets in the Middle East and North Africa by 2025. Recent funding of EUR 1.5 million from the Series A round will be allocated to support these initiatives, as well as enhancing technological capabilities for improved service delivery.

## Funding rounds

- Series A, Jan 15, 2020, $1.7M — Qbic Fund, imec.istart, Akiles

## Investors

- Qbic Fund (https://capitalatlas.ai/funds/qbic-fund) — Series A
- imec.istart — Series A
- Akiles (https://capitalatlas.ai/funds/akiles) — Series A