AGTEK

Livermore, United States Founded: 1981 • Age: 45 yrs Acquired By Hexagon
Project management solutions for construction projects are offered by AGTEK.
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About AGTEK

AGTEK is a company based in Livermore (United States) founded in 1981 was acquired by Hexagon in March 2018.. The company has 24 employees as of December 31, 2022. AGTEK offers products and services including Gradework, Materials, Underground, SmartPlan, and SmartTrack. AGTEK operates in a competitive market with competitors including 1build, Buildxact, Ediphi, Monstock and Procurified, among others.

  • Headquarter Livermore, United States
  • Employees 24 as on 31 Dec, 2022
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Agtek Development Company, Inc
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    24

    as on Dec 31, 2022

  • Acquired by
    Hexagon

    (Mar 15, 2018)

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Products & Services of AGTEK

AGTEK offers a comprehensive portfolio of products and services, including Gradework, Materials, Underground, SmartPlan, and SmartTrack. 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

Tool for accurate earthwork and materials estimation in construction.

Software for calculating construction material quantities efficiently.

Application to speed up estimates of underground utilities and piping.

App for cloud-connected site data and real-time progress monitoring.

System to manage field production and track machine efficiency.

Funding Insights of AGTEK

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

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Investors in AGTEK

AGTEK has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hexagon. 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
Institutional
Investor Description Founded Year Domain Location
Hexagon is recognized for delivering advanced measurement and automation technologies.
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 AGTEK

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 - AGTEK

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

Agtek Comparisons

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Competitors of AGTEK

AGTEK 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 1build, Buildxact, Ediphi, Monstock and Procurified, 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
SaaS takeoff and estimation software is provided for construction professionals.
domain founded_year HQ Location
Cloud-based software is provided for construction estimation and job management.
domain founded_year HQ Location
Cloud-based estimation platform for preconstruction is provided.
domain founded_year HQ Location
Cloud-based inventory management solutions are offered to various sectors.
domain founded_year HQ Location
SaaS-driven estimation and marketplace platform for construction projects is provided.
domain founded_year HQ Location
Provides accurate calculations for construction materials via mobile app.
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 Agtek

Frequently Asked Questions about AGTEK

When was AGTEK founded?

AGTEK was founded in 1981.

Where is AGTEK located?

AGTEK is headquartered in Livermore, United States. It is registered at Livermore, California, United States.

Who is the current CEO of AGTEK?

John Fletcher is the current CEO of AGTEK.

How many employees does AGTEK have?

As of Dec 31, 2022, the latest employee count at AGTEK is 24.

What does AGTEK do?

AGTEK was founded in 1981 and is headquartered in Livermore, United States. Operations focus on the construction sector, where takeoff, modeling, and field control solutions are delivered. Key products include Sitework4D, Highway4D, and Materials4D, supporting earthwork, paving, pipe documentation, GPS machine control, equipment estimation, and production monitoring. Field conditions are documented, and equipment optimization is facilitated across various infrastructure projects.

Who are the top competitors of AGTEK?

AGTEK's top competitors include Ediphi, Buildxact and 1build.

What products or services does AGTEK offer?

AGTEK offers Gradework, Materials, Underground, SmartPlan, and SmartTrack.

Who are AGTEK's investors?

AGTEK has 1 investor. Key investors include Hexagon.

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