About 9Solutions
9Solutions is a company based in Oulu (Finland) founded in 2009 was acquired by Assa Abloy in December 2024.. 9Solutions has raised $5.45 million across 2 funding rounds from investors including Assa Abloy, Bocap and Nordic Option. 9Solutions offers products and services including Nurse Call System, Personal Safety Solution, Real-Time Locating System, and Fall Prevention Solution. 9Solutions operates in a competitive market with competitors including Theatro, WakeCap, StrongArm Technologies, Proxgy and Tended, among others.
- Headquarter Oulu, Finland
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.45 M (USD)
in 2 rounds
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Latest Funding Round
$3.55 M (USD), Private Equity Round
Sep 11, 2020
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Investors
Assa Abloy
& 3 more
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Employee Count
Employee Count
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Acquired by
Assa Abloy
(Dec 03, 2024)
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Products & Services of 9Solutions
9Solutions offers a comprehensive portfolio of products and services, including Nurse Call System, Personal Safety Solution, Real-Time Locating System, and Fall Prevention Solution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wireless system for efficient nurse calls in healthcare settings
Technology for individual safety monitoring in care environments
System for locating devices and personnel in facilities
Features to detect and prevent falls in home and hospital care
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Funding Insights of 9Solutions
9Solutions has successfully raised a total of $5.45M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $3.55 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $3.6M
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First Round
First Round
(04 Oct 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Private Equity Round - 9Solutions | Valuation | Bocap |
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| Oct, 2019 | Amount | Private Equity Round - 9Solutions | Valuation | Nordic Option , Luvian Osuuspankki |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 9Solutions
9Solutions has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Assa Abloy, Bocap and Nordic Option. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Bocap is engaged in private equity investments in Finnish SMEs.
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Founded Year | Domain | Location | |
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Nordic Option is engaged in venture capital investments for growth companies.
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Founded Year | Domain | Location | |
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Financial services encompassing banking, insurance, and investments for individuals and businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 9Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 9Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
9Solutions Comparisons
Competitors of 9Solutions
9Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Theatro, WakeCap, StrongArm Technologies, Proxgy and Tended, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
IoT and AI-based workforce communication platform is provided.
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| domain | founded_year | HQ Location |
Cloud-based workforce management solutions are delivered for multi-industry applications.
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| domain | founded_year | HQ Location |
Exoskeletons are supplied to industrial workers for injury prevention.
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| domain | founded_year | HQ Location |
Online platform offering IoT-based smart wearables and safety solutions for industrial workers
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| domain | founded_year | HQ Location |
AI-based wearables are supplied for employee personal safety.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 9Solutions
When was 9Solutions founded?
9Solutions was founded in 2009 and raised its 1st funding round 10 years after it was founded.
Where is 9Solutions located?
9Solutions is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.
Is 9Solutions a funded company?
9Solutions is a funded company, having raised a total of $5.45M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $1.9M, raised on Oct 04, 2019.
What does 9Solutions do?
9Solutions was founded in 2009 in Oulu, Finland, as a provider of indoor positioning and communication platforms. Wearable devices equipped with three programmable buttons, non-movement detection, and man-down alarms are offered to enhance safety and efficiency. These solutions are applied in sectors such as healthcare and logistics. The company was recognized as the winner of the Management and Hospital MI Award in 2015.
Who are the top competitors of 9Solutions?
What products or services does 9Solutions offer?
9Solutions offers Nurse Call System, Personal Safety Solution, Real-Time Locating System, and Fall Prevention Solution.
Who are 9Solutions's investors?
9Solutions has 4 investors. Key investors include Assa Abloy, Bocap, Nordic Option, and Luvian Osuuspankki.
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