About AssetWorks
AssetWorks is a company based in Wayne (United States) founded in 1983 by Ken Slaughter was acquired by Volaris Group in January 2014.. AssetWorks has completed 2 acquisitions, including E-ISG Asset Intelligence and Oasys LLC. AssetWorks offers products and services including Fleet and Fuel Management, Enterprise Asset Management, Risk Management, Surplus Property Management, and Fixed Asset Management. AssetWorks operates in a competitive market with competitors including Accruent, Envoy, Danfoss, Landis+Gyr and MRI Software, among others.
- Headquarter Wayne, United States
- Founders Ken Slaughter
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Sectors
Government & Social SectorBusiness Services Energy & Utilities Real Estate & Construction
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
E-ISG Asset Intelligence
& 1 more
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Acquired by
Volaris Group
(Jan 13, 2014)
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Products & Services of AssetWorks
AssetWorks offers a comprehensive portfolio of products and services, including Fleet and Fuel Management, Enterprise Asset Management, Risk Management, Surplus Property Management, and Fixed Asset 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.
Manages fleet operations, fuel efficiency, and vehicle tracking for organizations.
Handles asset lifecycle and maintenance in one integrated system.
Assists in property insurance appraisal and risk exposure reduction.
Streamlines surplus asset sales and tracking for universities and agencies.
Tracks and manages fixed assets to ensure compliance and efficiency.
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Software Development Team
11 people
Leadership Team
11 people
Sales and Marketing
9 people
Customer Team
8 people
Product Management Team
5 people
Business Team
4 people
Operations Team
3 people
Human Resources and Administration
3 people
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Funding Insights of AssetWorks
| 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 |
investors |
Investors in AssetWorks
AssetWorks has secured backing from 1 investor. Prominent investors backing the company include Volaris Group. 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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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 AssetWorks
AssetWorks has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include E-ISG Asset Intelligence and Oasys LLC. 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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Physical and mobile assets are managed through a cloud-based platform.
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2003 | ||||
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Software solutions for school administrative management are provided.
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1999 |
| 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 - AssetWorks
| 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 |
investors |
Assetworks Comparisons
Competitors of AssetWorks
AssetWorks 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 Accruent, Envoy, Danfoss, Landis+Gyr and MRI Software, 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 |
SaaS-driven IWMS solutions are provided for construction and facilities management.
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Envoy is recognized for providing workplace management solutions.
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Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Provider of solutions for energy monitoring for residential building
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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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| 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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Latest news on Assetworks
Frequently Asked Questions about AssetWorks
When was AssetWorks founded?
AssetWorks was founded in 1983.
Where is AssetWorks located?
AssetWorks is headquartered in Wayne, United States.
What does AssetWorks do?
AssetWorks was founded in 1983 and is headquartered in Wayne, United States. Solutions are offered in the asset management sector, encompassing asset and inventory management, fleet and fuel management, workplace management, construction program management, public works management, property risk management, and surplus asset management. Operations focus on supporting public and private entities with these specialized tools.
Who are the top competitors of AssetWorks?
AssetWorks's top competitors include Envoy, Landis+Gyr and Danfoss.
What products or services does AssetWorks offer?
AssetWorks offers Fleet and Fuel Management, Enterprise Asset Management, Risk Management, Surplus Property Management, and Fixed Asset Management.
How many acquisitions has AssetWorks made?
AssetWorks has made 2 acquisitions, including E-ISG Asset Intelligence, and Oasys LLC.
Who are AssetWorks's investors?
AssetWorks has 1 investor. Key investors include Volaris Group.