absence.io

Munchen, Germany Founded: 2014 • Age: 12 yrs Acquired By softgarden
Leave management software is provided for organizational teams.
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About absence.io

absence.io is a company based in Munchen (Germany) founded in 2014 by Markus Ortmann was acquired by softgarden in August 2021.. The company has 10 employees as of December 31, 2021. absence.io offers products and services including Vacation Tracker, Time Tracker, Digital Personnel File, and Expense Management. absence.io operates in a competitive market with competitors including Jibble, Workwell Technologies, ClockShark, Cyberdim and Ubitech Solutions, among others.

  • Headquarter Munchen, Germany
  • Employees 10 as on 31 Dec, 2021
  • Founders Markus Ortmann
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Absence.Io Gmbh
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    10

    as on Dec 31, 2021

  • Acquired by
    softgarden

    (Aug 16, 2021)

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Products & Services of absence.io

absence.io offers a comprehensive portfolio of products and services, including Vacation Tracker, Time Tracker, Digital Personnel File, and Expense Management. 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.

Primary

Software for managing employee vacations and leave requests.

Tool for tracking work hours and generating reports.

Platform for storing and organizing employee information.

System for submitting, approving, and reimbursing expenses.

Funding Insights of absence.io

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in absence.io

absence.io has secured backing from 1 investor. Prominent investors backing the company include softgarden. 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.

All
Investor Description Founded Year Domain Location
Online recruiting software is provided for talent acquisition and tracking.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by absence.io

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - absence.io

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Absence.Io Comparisons

Employees
+
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Competitors of absence.io

absence.io 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 Jibble, Workwell Technologies, ClockShark, Cyberdim and Ubitech Solutions, 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
Time tracking and attendance are facilitated through Slack integration.
domain founded_year HQ Location
Workforce management solutions are provided for small businesses.
domain founded_year HQ Location
Automated employee time tracking is facilitated through cloud-based tools.
domain founded_year HQ Location
An online platform is utilized for document management and collaboration.
domain founded_year HQ Location
Provides HR management software, attendance tracking, and recruitment tools for enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Absence.Io

softgarden takes over absence.io
Realwire4 years ago

Frequently Asked Questions about absence.io

When was absence.io founded?

absence.io was founded in 2014.

Where is absence.io located?

absence.io is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

How many employees does absence.io have?

As of Dec 31, 2021, the latest employee count at absence.io is 10.

What does absence.io do?

Absence.io is a software solution for leave management in organizations. It has features for managing leave workflow and planning based on team availability through various reports and forecasts. It also supports cross-company teams and freelancers can also be integrated into the planner. It integrates with other enterprise applications such as JIRA, Slack, Sharepoint etc. and is available on web and mobile platforms. It is free for up to 10 employees and is a monthly subscription dependent on the number of employees. Customers include Check24, InstaPage, SUMUP and others.

Who are the top competitors of absence.io?

absence.io's top competitors include Jibble, Workwell Technologies and ClockShark.

What products or services does absence.io offer?

absence.io offers Vacation Tracker, Time Tracker, Digital Personnel File, and Expense Management.

Who are absence.io's investors?

absence.io has 1 investor. Key investors include softgarden.

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