Intamac (Intamac Systems Limited) is a UK-based IoT cloud platform provider, founded in April 2000 (initially incorporated as Elinx Limited) and headquartered in Towcester/Northampton, UK. The company supplies a silicon-, OS- and RF-protocol-agnostic IoT platform that lets OEMs, service providers and product vendors connect, manage and monetise smart devices across connected home, security, energy, property management, health, fitness, logistics, FMCG and telecommunications use cases. Intamac was an early pioneer of cloud-based services for the Connected Home, and in September 2016 sold the source code and development rights to a portion of its software to Sprue Safety Products (FireAngel Safety Technology) for up to GBP 2.8 million while continuing to operate as an independent IoT platform business. Backed historically by investors including YFM Equity Partners (Chandos), British Smaller Companies VCTs, Seraphim Capital, Carbon Trust Investments, Catapult Ventures, Octopus Ventures and 350 Investment Partners, the company remains an active private limited company (Companies House no. 03975170).
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2000
Employees
11–50
Total Funding
$6M
2 rounds
Total raised $6M across 2 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Growth / Late-stage VC
Date
2014
Amount
GBP 2M (round); cumulative investment reached GBP 14.5M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| 2014 | Growth / Late-stage VC | GBP 2M (round); cumulative investment reached GBP 14.5M | — | YFM Equity Partners (Chandos Fund), British Smaller Companies VCT |
| 2010 | Venture | GBP 4M | — |
Geoff Littlewood
Chief Executive Officer & Director
William James Flind
Director
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Ayla Networks
US-based IoT cloud platform for OEMs that connects, manages and provides analytics for smart-home, HVAC, appliance and energy devices.
EVRYTHNG
Product-cloud / IoT smart-products platform connecting consumer goods to the internet for OEMs and brands (acquired by Digimarc in 2022).
MODE
IoT backend / cloud platform enabling OEMs and enterprises to connect, manage and analyse data from smart devices.
Particle
Full-stack IoT platform combining hardware, connectivity and cloud services for product companies building connected devices.
Samsung SmartThings
Smart-home IoT platform and ecosystem (owned by Samsung) competing for connected-home OEM and service-provider deployments.
Tuya Smart
China/US-listed (NYSE: TUYA) IoT cloud platform widely used by smart-home and consumer-IoT OEMs for white-label connected products.
No. Intamac is a private company and does not have a public stock ticker or trade on a public stock exchange. Its shares are generally held by founders, employees, investors, and other private shareholders. Buyers and sellers may be able to transact in Intamac shares through private secondary transactions, but any transaction depends on share availability, buyer and seller agreement, transfer restrictions, company approval rights, and any applicable right of first refusal. There is no guarantee that Intamac will complete an IPO or other liquidity event.
Yes, it is sometimes possible to buy Intamac shares pre-IPO through private secondary transactions. This depends on finding a willing seller, company approval, and satisfying any transfer restrictions or rights of first refusal.
Buyers interested in buying Intamac shares on the secondary market typically do so through SetterVC and other secondary-market platforms, subject to eligibility requirements, share availability, transfer restrictions, and issuer approval. Buyers may need to satisfy sophistication, accreditation, institutional, platform, regulatory, or other eligibility requirements before participating. Once eligible, buyers may be able to view listings, make bids, and work with a licensed broker through the transaction process. Buyers should ensure they have appropriate legal and financial advisors guiding them before completing any transaction.
Intamac's latest disclosed funding round was a Growth / Late-stage VC round in 2014. The round raised approximately GBP 2M (round); cumulative investment reached GBP 14.5M, with YFM Equity Partners (Chandos Fund) and British Smaller Companies VCT listed as disclosed lead or major investors. Primary funding rounds are different from secondary transactions: in a primary round, capital goes to the company, while in a secondary transaction, investors buy existing shares from current shareholders. Funding-round data reflects publicly reported or collected information and may be incomplete.
Intamac has raised approximately $6M in disclosed funding across 2 rounds. These figures reflect primary capital raised by the company and do not include every possible secondary transaction, undisclosed round, debt facility, or private transfer. Reported funding totals can change as new rounds are announced or older round details are corrected. Eligible users can use SetterVC to track Intamac's funding history alongside private-market activity where available.
Intamac's disclosed investors include YFM Equity Partners (Chandos Fund) and British Smaller Companies VCT. Investor lists are based on public reporting, company announcements, and collected funding-round data, and may be incomplete. Participation in a prior funding round does not mean those investors are currently buying or selling shares. On SetterVC, eligible users can review Intamac's funding history, valuation history, and private-market activity alongside other venture-backed companies.
Intamac's most-cited competitors include Ayla Networks, EVRYTHNG, MODE, Particle, Samsung SmartThings and Tuya Smart. Investors often compare these companies by sector, product focus, valuation, funding raised, growth signals, investor base, and private-market activity.
Secondary-market demand for Intamac shares can be affected by company performance, revenue growth, profitability, funding history, valuation, investor interest, sector momentum, public-market conditions, expected timing of a liquidity event, and the availability of shares for sale. Demand can also be affected by transfer restrictions, company approval rights, right of first refusal processes, limited information, and the price expectations of buyers and sellers. Strong demand does not guarantee strong pricing, liquidity, or investment returns. Weak demand does not necessarily reflect the company's long-term prospects. Demand signals should not be treated as a recommendation or prediction of investment performance. Buyers and sellers should treat demand signals as informational and conduct their own diligence before transacting.
Sellers often rely on intermediaries and platforms, such as SetterVC and other secondary-market platforms, to identify potential buyers. The exact process varies by company and transaction, but sellers often begin by confirming their ownership, desired price, transferability, and any company approval or notice requirements. If the seller agrees with a buyer on acceptable price and terms, the company may need to be notified through a share transfer notice or similar process. If a right of first refusal, company approval right, or other transfer restriction applies, the seller may need to wait until that process is completed. The parties may then execute a purchase and sale agreement, complete required transfer documentation, and close if all required conditions are satisfied. Sellers should always seek proper legal and financial advice before completing the transaction.
Yes, current and former Intamac employees, early investors, and other existing shareholders may be able to sell vested shares before an IPO through a private secondary sale. This is not automatic; it depends on whether the shareholder has transferable shares, whether there is buyer demand, and whether the company's governing documents permit the transfer. Many companies require prior notice, company approval, or a right of first refusal before shares can be sold. Sellers should also seek proper legal and financial advice before proceeding.
A Intamac secondary transaction usually involves an existing shareholder selling shares to a buyer before a public listing. The buyer and seller typically agree on price, number of shares, share class, and closing conditions. The seller may then need to notify Intamac through a share transfer notice or similar process. If Intamac or existing investors have approval rights, transfer restrictions, or a right of first refusal, those steps may need to be completed before the transfer can close. The parties typically enter into a purchase and sale agreement, complete any required transfer documentation, and close only if the necessary conditions are satisfied. Timing and certainty can vary by company and transaction.
In most private secondary transactions, parties commonly use a purchase and sale agreement that outlines price, terms, and conditions. They may also use share transfer documentation, often a stock transfer notice, share transfer notice, transfer instruction, or similar document, along with any required company approval or right of first refusal materials. Proof of ownership, such as a cap table entry, share certificate, brokerage statement, issuer confirmation, or administrator confirmation, may also be important. Buyers often request recent company financials, but private companies may limit disclosure. Since every deal varies, buyers and sellers should consult legal and financial advisors to understand which documents are needed.
Buying Intamac shares pre-IPO is risky. Shares are illiquid, no IPO or liquidity event is guaranteed, valuations can change, transfers may require company approval, and private companies may provide limited financial disclosure. Be prepared for total loss. SetterVC and Setter Capital do not provide due diligence, legal, tax, accounting, valuation, or investment advice. Buyers must conduct their own due diligence, verify information, and seek independent legal and investment advice before proceeding.
Private secondary shares are typically illiquid. Unlike public stocks, there is no active public market, so selling them can be difficult and time-consuming. Sales depend on finding a willing buyer and often require company approval. Investors should be prepared to hold the shares for an extended period, with no guarantee of a future sale. Always assess your need for liquidity before investing.
SetterVC and Setter Capital do not provide due diligence, legal, tax, accounting, valuation, or investment advice. Buyers must conduct their own due diligence, including verifying ownership, transferability, legal structure, company approval, and assessing the company's prospects. SetterVC and Setter Capital do not provide advice on whether an investment is good, what price to pay, or what the best bid or ask is. SetterVC and Setter Capital may share documents in some circumstances, but it does not guarantee their accuracy or completeness. Due diligence is essential. Seek legal and investment advice as needed.
Before buying Intamac shares, a buyer should try to review the share class, price per share, implied valuation, transfer restrictions, ROFR process, company approval rights, seller ownership evidence, recent financing or tender-offer information, available financial information, information rights, resale restrictions, tax considerations, and expected liquidity paths. Not all information may be available for a private company. Buyers should confirm available diligence, process details, and information needs with their own legal, tax, and investment advisers.
SPVs carry risks. Examples include the need to confirm the company allows SPV-based transfers, verify that the SPV truly owns the shares or interests it claims to own, and ensure it has not sold more interests than it holds. Due diligence is essential. Seek legal and investment advice as needed.
Forward contracts carry risks. Examples include the seller refusing to transfer the shares at the future date, even if the seller owns them, the seller going bankrupt with creditors claiming the shares, or the seller committing the same shares to multiple parties. Due diligence is essential. Seek legal and investment advice as needed.
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.