About axitech
axitech is a company based in London (United Kingdom) founded in 2004.. The company has 6 employees as of January 31, 2021. axitech offers products and services including Crash Advisor and Connected Collision Management Platform. axitech operates in a competitive market with competitors including Zego, Marshmallow, Cuvva, Octo Telematics and By Miles, among others.
- Headquarter London, United Kingdom
- Employees 6 as on 31 Jan, 2021
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Axitech Group Limited
- Date of Incorporation 06 Jul, 2004
- Jurisdiction LEEDS
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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
6
as on Jan 31, 2021
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Products & Services of axitech
axitech offers a comprehensive portfolio of products and services, including Crash Advisor and Connected Collision Management Platform. 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.
App for simplifying collision reporting and claims processes.
Platform for end-to-end collision detection and claims handling.
Funding Insights of axitech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2010 | Amount | Series A - axitech | Valuation | Balderton Capital |
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| 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 axitech
axitech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Balderton Capital. 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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Multistage venture capital investments are focused on technology 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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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 axitech
| 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 - axitech
| 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 |
Axitech Comparisons
Competitors of axitech
axitech 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 Zego, Marshmallow, Cuvva, Octo Telematics and By Miles, 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 |
Motor insurance is provided for personal and work driving.
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Auto insurance is delivered via app to individual drivers.
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| domain | founded_year | HQ Location |
Online usage-based car insurance solutions
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| domain | founded_year | HQ Location |
Provider of telematics and data analytics solutions for the insurance and connected mobility sectors
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| domain | founded_year | HQ Location |
Pay-per-mile auto insurance is offered through a mobile app.
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| domain | founded_year | HQ Location |
Provider of cycle insurance for damage, theft, or loss
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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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Frequently Asked Questions about axitech
When was axitech founded?
axitech was founded in 2004 and raised its 1st funding round 6 years after it was founded.
Where is axitech located?
axitech is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does axitech have?
As of Jan 31, 2021, the latest employee count at axitech is 6.
What does axitech do?
Axitech was founded in 2004 in London, United Kingdom, and operates in the automotive safety technology sector. A cloud-based system is offered for detecting vehicle collisions, connecting users to first responders and emergency services, and recording accident data for insurance claims. Operations focus on real-time response integration and data management to support post-incident processes across the UK and potentially beyond.
Who are the top competitors of axitech?
axitech's top competitors include Marshmallow, Cuvva and Octo Telematics.
What products or services does axitech offer?
axitech offers Crash Advisor and Connected Collision Management Platform.
Who are axitech's investors?
axitech has 1 investor. Key investors include Balderton Capital.