About Allegro MicroSystems
Allegro MicroSystems is a company based in Beaverton (United States) founded in 2002 was acquired by Allegro MicroSystems in August 2020. It operates as a B2B2C, and Reseller / Distribution. Allegro MicroSystems offers products and services including Current Sensors, LED Drivers, and Motor Drivers. Allegro MicroSystems operates in a competitive market with competitors including Ouster, Innoviz, Luminar Technologies, LeddarTech and AEye, among others.
- Headquarter Beaverton, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Allegro Microsystems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$200 K (USD), Grant
Sep 21, 2009
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Investors
Allegro MicroSystems
& 2 more
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Employee Count
Employee Count
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Acquired by
Allegro MicroSystems
(Aug 31, 2020)
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Products & Services of Allegro MicroSystems
Allegro MicroSystems offers a comprehensive portfolio of products and services, including Current Sensors, LED Drivers, and Motor Drivers. 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.
Current sensors are provided for accurate circuit measurement.
LED drivers are offered for efficient lighting solutions.
Motor drivers are designed for enhanced motion control.
Funding Insights of Allegro MicroSystems
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $199,998
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First Round
First Round
(08 Jun 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2009 | Amount | Grant - Allegro MicroSystems | Valuation |
investors |
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| Jun, 2005 | Amount | Grant - Allegro MicroSystems | Valuation |
investors |
| 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 Allegro MicroSystems
Allegro MicroSystems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Allegro MicroSystems, ONAMI and OSTI.GOV. 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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Startup accelerator
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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Magnetic sensors and related ICs are manufactured for diverse sectors.
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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 Allegro MicroSystems
| 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 - Allegro MicroSystems
| 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 |
Allegro Microsystems Comparisons
Competitors of Allegro MicroSystems
Allegro MicroSystems 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 Ouster, Innoviz, Luminar Technologies, LeddarTech and AEye, 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 |
Developer of LiDAR-based sensors
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| domain | founded_year | HQ Location |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles
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| domain | founded_year | HQ Location |
LiDAR-based sensors for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
Developer of raw data fusion and perception software for automotive ADAS/AD
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| domain | founded_year | HQ Location |
AI and cloud-enabled solutions for automotive sensors are provided.
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| domain | founded_year | HQ Location |
AI-driven LiDAR sensing solutions are provided for detection and tracking.
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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 Allegro MicroSystems
When was Allegro MicroSystems founded?
Allegro MicroSystems was founded in 2002 and raised its 1st funding round 3 years after it was founded.
Where is Allegro MicroSystems located?
Allegro MicroSystems is headquartered in Beaverton, United States. It is registered at Beaverton, Oregon, United States.
What does Allegro MicroSystems do?
Allegro MicroSystems is focused on the development of advanced semiconductor technologies, specializing in magnetic sensing and power IC solutions. The companys products are utilized in automotive powertrain and safety systems, hyperscale data centers, and automation for efficient factories. Solutions are provided for e-mobility, clean energy, and cloud applications, enhancing efficiency in power conversion and motor control. Sectors served include automotive, industrial, energy infrastructure, and consumer electronics, with a commitment to innovation and zero-defect quality.
Who are the top competitors of Allegro MicroSystems?
Allegro MicroSystems's top competitors include Ouster, Innoviz and Luminar Technologies.
What products or services does Allegro MicroSystems offer?
Allegro MicroSystems offers Current Sensors, LED Drivers, and Motor Drivers.
Who are Allegro MicroSystems's investors?
Allegro MicroSystems has 3 investors. Key investors include Allegro MicroSystems, ONAMI, and OSTI.GOV.
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