About Altimate
Altimate is a company based in Bucharest (Romania) founded in 2014 was acquired by Kontron in September 2023. It operates as a Managed Services, and Professional Services. Altimate has completed 1 acquisition, including Codework. Altimate offers products and services including Intelligent Transport Solutions, IT&C Solutions, and Business Intelligence Solutions. Altimate operates in a competitive market with competitors including Miovision, NoTraffic, Waycare, Commsignia and PTV Group, among others.
- Headquarter Bucharest, Romania
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Products & Services of Altimate
Altimate offers a comprehensive portfolio of products and services, including Intelligent Transport Solutions, IT&C Solutions, and Business Intelligence Solutions. 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.
Solutions for urban and interurban traffic management provided.
Hardware and software solutions for communication are offered.
Tools for business data analysis are developed and implemented.
Funding Insights of Altimate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Altimate
Altimate has secured backing from 1 investor. Prominent investors backing the company include Kontron. 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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Embedded computing platforms are developed for industrial applications.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Altimate
Altimate has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Codework. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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IT solutions for deployment, control, and classroom management are provided.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Altimate
| 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 |
Altimate Comparisons
Competitors of Altimate
Altimate 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 Miovision, NoTraffic, Waycare, Commsignia and PTV Group, 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 |
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| domain | founded_year | HQ Location |
Traffic data collection and management solutions are provided.
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| domain | founded_year | HQ Location |
AI-enabled automatic traffic management solutions are provided for operators.
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| domain | founded_year | HQ Location |
Provider of an AI and cloud-driven traffic management software
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| domain | founded_year | HQ Location |
Vehicle-to-vehicle and infrastructure communication systems are supplied.
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| domain | founded_year | HQ Location |
Modeling and simulation software for transportation scenarios is provided.
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Developer of a platform that communicates with traffic signals for alerts and information
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Altimate
When was Altimate founded?
Altimate was founded in 2014.
Where is Altimate located?
Altimate is headquartered in Bucharest, Romania.
What does Altimate do?
Altimate is involved in the development and implementation of advanced technological solutions focused on intelligent transport systems for urban and interurban traffic management. The company also offers IT and communication solutions, including hardware and software services, to various sectors in Romania. Additionally, business intelligence and customer relationship management tools are provided to support client operations and decision-making processes. Solutions are tailored to enhance security, mobility, and communication for clients across multiple industries.
Who are the top competitors of Altimate?
What products or services does Altimate offer?
Altimate offers Intelligent Transport Solutions, IT&C Solutions, and Business Intelligence Solutions.
How many acquisitions has Altimate made?
Altimate has made 1 acquisition, including Codework.
Who are Altimate's investors?
Altimate has 1 investor. Key investors include Kontron.
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