About Access Technology
Access Technology is a company based in Lystrup (Denmark) founded in 2010 by Henrik Klode, Anders Hvidgaard Poder, and Thomas Ginnerup Kristensen was acquired by Assa Abloy in September 2023. It operates as a SaaS (Software-as-a-Service), and Managed Services. Access Technology has raised $194.88 thousand across 3 funding rounds from investors including Assa Abloy. Access Technology offers products and services including Wireless Access Control, Perimeter Security, Cloud Administration, and IntelligentCARE. Access Technology operates in a competitive market with competitors including Openpath, Brivo, Spintly, i-Sprint and Scytale, among others.
- Headquarter Lystrup, Denmark
- Founders Henrik Klode, Anders Hvidgaard Poder, Thomas Ginnerup Kristensen
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Access Technology A/S
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$194.88 K (USD)
in 3 rounds
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Latest Funding Round
$105.86 K (USD), Seed
Oct 04, 2018
- Investors
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Employee Count
Employee Count
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Acquired by
Assa Abloy
(Sep 20, 2023)
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Products & Services of Access Technology
Access Technology offers a comprehensive portfolio of products and services, including Wireless Access Control, Perimeter Security, Cloud Administration, and IntelligentCARE. 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 access control systems are provided for secure entry.
Perimeter security solutions are offered for controlled access management.
Cloud-based access control management is facilitated through web portals.
Call systems for welfare technology are developed and provided.
Funding Insights of Access Technology
Access Technology has successfully raised a total of $194.88K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $105.86 thousand completed in October 2018. 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 3
- Last Round Seed — $105,856
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First Round
First Round
(14 Nov 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Seed - Access Technology | Valuation |
investors |
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| Aug, 2015 | Amount | Seed - Access Technology | Valuation |
investors |
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| Nov, 2011 | Amount | Seed - Access Technology | Valuation |
investors |
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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 Access Technology
Access Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Assa Abloy. 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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Provider of cloud-based access control systems
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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 Access Technology
| 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 - Access Technology
| 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 |
Access Technology Comparisons
Competitors of Access Technology
Access Technology 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 Openpath, Brivo, Spintly, i-Sprint and Scytale, 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 |
Cloud-based access control systems with mobile credentials are provided.
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| domain | founded_year | HQ Location |
Developer of AI and cloud-based integrated access control systems
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| domain | founded_year | HQ Location |
Provider of a cloud-based, wireless access control platform allowing users to access doors using their smartphones
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| domain | founded_year | HQ Location |
Cloud-based authentication solutions are offered through an online platform.
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| domain | founded_year | HQ Location |
Identity and access management solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Provider of keyless entry solutions for hotels
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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 Access Technology
When was Access Technology founded?
Access Technology was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Access Technology located?
Access Technology is headquartered in Lystrup, Denmark.
Is Access Technology a funded company?
Access Technology is a funded company, having raised a total of $194.88K across 3 funding rounds to date. The company's 1st funding round was a Seed of $63.4K, raised on Nov 14, 2011.
What does Access Technology do?
Access Technology AS, a Danish IT engineering company, is focused on the development and production of wireless access control and call systems. Solutions are provided for perimeter security and cloud-based administration across sectors such as logistics, transport, offices, industrial facilities, residential associations, and sports clubs. Their offerings include door controllers, RFID readers, and mobile app-based remote control systems. The IntelligentCARE brand is dedicated to welfare technology and call systems.
Who are the top competitors of Access Technology?
What products or services does Access Technology offer?
Access Technology offers Wireless Access Control, Perimeter Security, Cloud Administration, and IntelligentCARE.
Who are Access Technology's investors?
Access Technology has 1 investor. Key investors include Assa Abloy.
What is Access Technology's valuation?
The valuation of Access Technology is $1.26M as of Oct 2018.
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