Axtone

Founded: 1995 • Age: 31 yrs Acquired By ITT
Rail track inspection services are provided for maintenance needs.
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About Axtone

Axtone is a company founded in 1995 was acquired by ITT in November 2016. It operates as a B2B2C. Axtone offers products and services including Railway Safety Solutions and Vibration Control Systems.

  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Axtone S.A.
Operational Areas
Transportation, Automotive & Logistics → Rail Transportation & Systems
Key Metrics
  • Annual Revenue
    $49.38 M (USD)
    -1
    as on Dec 31, 2022
  • Net Profit
    $43.67 K (USD)
    -97
    as on Dec 31, 2022
  • EBITDA
    $-584.75 K (USD)
    -120
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ITT

    (Nov 04, 2016)

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Products & Services of Axtone

Axtone offers a comprehensive portfolio of products and services, including Railway Safety Solutions and Vibration Control Systems. 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.

Primary

Solutions for safety in passenger and freight transport.

Systems designed for vibration control in various industries.

Funding Insights of Axtone

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Axtone

Axtone has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ITT Inc.. 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.

All
Institutional
Investor Description Founded Year Domain Location
Engineered components are manufactured for energy, transportation, and industrial sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Axtone

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Axtone

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Axtone Comparisons

Employees
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Competitors of Axtone

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Axtone

Frequently Asked Questions about Axtone

When was Axtone founded?

Axtone was founded in 1995.

Who is the current CEO of Axtone?

Davide Barbon is the current CEO of Axtone.

What is the annual revenue of Axtone?

Annual revenue of Axtone is $49.38M as on Dec 31, 2022.

What does Axtone do?

Axtone, a part of ITT since 2017, is focused on creating technologies and solutions that ensure safety and efficiency in passenger and freight transport. The company operates within the transportation industry, particularly in rail, offering critical components for high-speed trains, metro systems, trams, and passenger coaches. Additionally, solutions are provided for vibration control across sectors like energy, construction machinery, and mining. Axtone serves a global market with a commitment to solving unique challenges faced by customers in the transport and industrial sectors.

What products or services does Axtone offer?

Axtone offers Railway Safety Solutions and Vibration Control Systems.

Who are Axtone's investors?

Axtone has 1 investor. Key investors include ITT Inc..

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