Axtone
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.
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Sectors
Transportation, Automotive & Logistics
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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 Axtone S.A.
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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.
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 |
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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 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.
| Investor | Description | Founded Year | Domain | Location |
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Engineered components are manufactured for energy, transportation, and industrial 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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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 Axtone
| 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 - Axtone
| 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 |
Axtone Comparisons
Competitors of Axtone
| 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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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..