About Atek Companies
Atek Companies is a company based in Eden Prairie (United States) founded in 1946 was acquired by SGP in August 2024.. The company has 315 employees as of December 31, 2023. Atek Companies offers products and services including Memory Keys, Automated Sensors, and Push-Plates. Atek Companies operates in a competitive market with competitors including Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, among others.
- Headquarter Eden Prairie, United States
- Employees 315 as on 31 Dec, 2023
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Atek
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Annual Revenue
$1.62 M (USD)-20as on Dec 31, 2021
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Net Profit
$-32.64 K (USD)13as on Dec 31, 2021
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
315
as on Dec 31, 2023
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Acquired by
SGP
(Aug 22, 2024)
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Products & Services of Atek Companies
Atek Companies offers a comprehensive portfolio of products and services, including Memory Keys, Automated Sensors, and Push-Plates. 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.
Rugged keys for secure data access and sharing in industrial settings.
Sensors for automated control and safety enhancements.
Durable plates for access and operational efficiency.
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Funding Insights of Atek Companies
| 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 Atek Companies
Atek Companies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sound Growth Partners. 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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Sound Growth Partners is focused on lower middle market investments.
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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 Atek Companies
| 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 - Atek Companies
| 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 |
Atek Companies Comparisons
Competitors of Atek Companies
Atek Companies 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 Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, 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 |
Diversified electronics and automation equipment are manufactured and supplied.
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| domain | founded_year | HQ Location |
Manufacturer of Industrial and Consumer Electric Equipment
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| domain | founded_year | HQ Location |
Energy management and automation solutions are provided globally.
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| domain | founded_year | HQ Location |
Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
Automation and engineering services are provided for multiple industries.
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| domain | founded_year | HQ Location |
Industrial automation and information systems are provided to global industries.
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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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Latest news on Atek Companies
Frequently Asked Questions about Atek Companies
When was Atek Companies founded?
Atek Companies was founded in 1946.
Where is Atek Companies located?
Atek Companies is headquartered in Eden Prairie, United States. It is registered at Eden Prairie, Minnesota, United States.
How many employees does Atek Companies have?
As of Dec 31, 2023, the latest employee count at Atek Companies is 315.
What is the annual revenue of Atek Companies?
Annual revenue of Atek Companies is $1.62M as on Dec 31, 2021.
What does Atek Companies do?
Atek Companies was founded in 1946 and is based in Eden Prairie, United States. Operations focus on the manufacturing and distribution of durable mats and automated sensors within the access control and security sector. Rugged, reprogrammable memory keys and tokens are included for data access and management. Automated push-plate systems are also produced to support controlled entry in industrial settings. Products are distributed through the companys domain, atekcompanies.com.
Who are the top competitors of Atek Companies?
Atek Companies's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.
What products or services does Atek Companies offer?
Atek Companies offers Memory Keys, Automated Sensors, and Push-Plates.
Who are Atek Companies's investors?
Atek Companies has 1 investor. Key investors include Sound Growth Partners.