About Bintel
Bintel is a company based in Helsingborg (Sweden) founded in 2018 was acquired by Reen in November 2025.. Bintel has raised $2.55 million across 3 funding rounds from investors including Almi, EIT and Erik Urnes. Bintel offers products and services including Bintel Insights, Bintel Brain, and Bintel Go. Bintel operates in a competitive market with competitors including AMCS, ServiceCore, Aiqueous, Evreka and ReCollect, among others.
- Headquarter Helsingborg, Sweden
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Sectors
TechnologyEnvironment
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Email
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- Legal Name Bintel Ab
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Products & Services of Bintel
Bintel offers a comprehensive portfolio of products and services, including Bintel Insights, Bintel Brain, and Bintel Go. 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.
Platform for data-driven waste management insights and recommendations
AI system for generating sustainability strategies in waste handling
App for real-time tracking of waste containers and collection needs
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Funding Insights of Bintel
Bintel has successfully raised a total of $2.55M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.34 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.3M
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First Round
First Round
(10 Oct 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2023 | Amount | Seed - Bintel | Valuation |
investors |
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| Apr, 2019 | Amount | Seed - Bintel | Valuation | Almi Invest | |
| Oct, 2018 | Amount | Seed - Bintel | Valuation | Almi Invest |
| 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 |
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Investors in Bintel
Bintel has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Almi, EIT and Erik Urnes. 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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Investments are provided by Almi in seed to growth-stage startups.
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Multiple sectors are invested in by corporate-backed Almi Invest.
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Access and development services for government programs are provided.
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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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Venture capital is directed toward companies in multiple sectors.
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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 Bintel
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bintel
| 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 |
Bintel Comparisons
Competitors of Bintel
Bintel 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 AMCS, ServiceCore, Aiqueous, Evreka and ReCollect, 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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Cloud-based ERP solutions are provided for waste management and recycling.
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Cloud based enterprise resource planning software provider
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Software solutions for water utilities are provided by Aiqueous.
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Evreka is recognized as a leading smart waste management company.
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Software products for waste generators hauliers & local authorities
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Software solutions are developed for waste collection and management.
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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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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 Bintel
Frequently Asked Questions about Bintel
When was Bintel founded?
Bintel was founded in 2018.
Where is Bintel located?
Bintel is headquartered in Helsingborg, Sweden. It is registered at Helsingborg, Skane County, Sweden.
Is Bintel a funded company?
Bintel is a funded company, having raised a total of $2.55M across 3 funding rounds to date. The company's 1st funding round was a Seed of $351.45K, raised on Oct 10, 2018.
What does Bintel do?
Bintel was founded in 2018 in Helsingborg, Sweden, and operates within the waste management sector. Sensor-based monitoring and data analytics are utilized to optimize collection routes, enhance sorting processes, and lower operational costs. Real-time insights into waste levels are delivered for proactive management, contributing to reduced landfill use and improved sustainability reporting. Services extend to municipal systems, private recycling operations, and property management across various locations.
Who are the top competitors of Bintel?
Bintel's top competitors include AMCS, ReCollect and Ecube Labs.
What products or services does Bintel offer?
Bintel offers Bintel Insights, Bintel Brain, and Bintel Go.
Who are Bintel's investors?
Bintel has 9 investors. Key investors include Almi, EIT, Erik Urnes, Philip Abdon, and Almi Invest.
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