About Cadec
Cadec is a company based in Manchester (United States) founded in 1976 was acquired by Peoplenet in May 2015. Cadec has raised $4 million across 1 funding round from investors including Peoplenet, Thule Investments and Blackbern Partners. The company has 51 employees as of December 31, 2014. Cadec operates in a competitive market with competitors including Samsara, Radius, Lytx, GreenRoad and EquipmentShare, among others.
- Headquarter Manchester, United States
- Employees 51 as on 31 Dec, 2014
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Website
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Funding Insights of Cadec
Cadec has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in April 2009. 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 1
- Last Round Series A — $4.0M
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First Round
First Round
(02 Apr 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2009 | Amount | Series A - Cadec | Valuation |
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Investors in Cadec
Cadec has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Peoplenet, Thule Investments and Blackbern Partners.
| Investor | Description | Founded Year | Domain | Location |
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Provider of a venture capital and private equity for investments
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Blackbern Partners is engaged in investing in middle market companies.
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Workforce management suite is offered for staffing agencies.
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Investments & Acquisitions by Cadec
Financial Statements - Cadec
Cadec Comparisons
Competitors of Cadec
Cadec 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 Samsara, Radius, Lytx, GreenRoad and EquipmentShare, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Provider of video telematics and fleet management solutions
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| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
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| domain | founded_year | HQ Location |
Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for fleet and field service management are offered.
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Latest news on Cadec
Frequently Asked Questions about Cadec
Cadec was founded in 1976 and raised its 1st funding round 33 years after it was founded.
Cadec is headquartered in Manchester, United States.
Cadec is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Apr 02, 2009.
As of Dec 31, 2014, the latest employee count at Cadec is 51.
Cadec was founded in 1976 in Manchester, United States, within the transportation and logistics sector. Mobile-technology services, GPS satellite tracking, and solutions for fleet management are developed and deployed by the company. Operations focus on optimizing fleet efficiency through advanced tools. Acquisition by PeopleNet occurred in May 2015, integrating these capabilities into broader telematics offerings.
Cadec's top competitors include Samsara, Radius and EquipmentShare.
Cadec has 3 investors. Key investors include Peoplenet, Thule Investments, and Blackbern Partners.