About Commsignia
Commsignia is a company based in Budapest (Hungary) founded in 2012 by Szabolcs Szabi Patay and Andras Takacs.. Commsignia has raised $27.05 million across 7 funding rounds from investors including LG, Partech Partners and European Union. Commsignia offers products and services including V2X OBU unit, V2X RSU unit, and V2X Software Stack. Commsignia operates in a competitive market with competitors including Kapsch, Visteon, Autotalks, NoTraffic and AutoCrypt, among others.
- Headquarter Budapest, Hungary
- Founders Szabolcs Szabi Patay, Andras Takacs
-
Sectors
TechnologyTransportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Commsignia Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$27.05 M (USD)
in 7 rounds
-
Latest Funding Round
$15 M (USD), Series B
Sep 05, 2023
-
Investors
LG
& 11 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Commsignia
Commsignia offers a comprehensive portfolio of products and services, including V2X OBU unit, V2X RSU unit, and V2X Software Stack. 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.
Hardware for vehicle fleets with secure V2X communication
Outdoor hardware for dual-channel V2X communication
Modular framework for V2X applications on various platforms
Unlock access to complete
Funding Insights of Commsignia
Commsignia has successfully raised a total of $27.05M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in September 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 7
- Last Round Series B — $15.0M
-
First Round
First Round
(30 Jun 2014)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Commsignia | Valuation | PortfoLion , Inventure | |
| Aug, 2019 | Amount | Series A - Commsignia | Valuation | Karma Ventures , Samsung Catalyst Fund | |
| May, 2017 | Amount | Grant - Commsignia | Valuation |
investors |
| 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 Commsignia
Commsignia has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include LG, Partech Partners and European Union. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Investments in early-stage tech startups are made by Inventure.
|
Founded Year | Domain | Location | |
|
Early-stage technology ventures are supported by Day One Capital.
|
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 Commsignia
| 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 - Commsignia
| 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 |
Commsignia Comparisons
Competitors of Commsignia
Commsignia 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 Kapsch, Visteon, Autotalks, NoTraffic and AutoCrypt, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-enabled traffic management solutions are offered to traffic authorities.
|
|
| domain | founded_year | HQ Location |
AI and cloud-enabled solutions and electronics for connected and autonomous vehicles
|
|
| domain | founded_year | HQ Location |
V2X communication modules for vehicles and infrastructure are developed.
|
|
| domain | founded_year | HQ Location |
AI-enabled automatic traffic management solutions are provided for operators.
|
|
| domain | founded_year | HQ Location |
Online platform offering cybersecurity tools for automotive and mobility systems
|
|
| domain | founded_year | HQ Location |
Smart mobility solutions are delivered to enhance traveler experiences.
|
| 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 Commsignia
Frequently Asked Questions about Commsignia
When was Commsignia founded?
Commsignia was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Commsignia located?
Commsignia is headquartered in Budapest, Hungary.
Who is the current CEO of Commsignia?
Szabolcs Szabi Patay is the current CEO of Commsignia. They have also founded this company.
Is Commsignia a funded company?
Commsignia is a funded company, having raised a total of $27.05M across 7 funding rounds to date. The company's 1st funding round was a Grant of $226.35K, raised on Jun 30, 2014.
What does Commsignia do?
Commsignia is a technology company engaged in the development and manufacturing of cooperative intelligent transportation systems (C-ITS) including vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication technologies. Its chief offering comprises of a series of V2X hardware modules (On Board Units, integrated connected car router with cellular and WiFi access, Roadside Units) and V2X software stack which is an embedded solution that is developed based on the specification of the ISO ETSI IEEE SAE C2C-CC communication architecture, providing a modular framework and small footprint for multiple resource-constrained target platforms, supporting Linux and RTOS operating systems. In 2017, the company was selected by Brandmotion, the Tampa Hillsborough Expressway Authority (THEA), to supply its solution for the Tampa Connected Vehicle Pilot Deployment project.
Who are the top competitors of Commsignia?
What products or services does Commsignia offer?
Commsignia offers V2X OBU unit, V2X RSU unit, and V2X Software Stack.
Who are Commsignia's investors?
Commsignia has 12 investors. Key investors include LG, Partech Partners, European Union, Qualcomm Ventures, and PortfoLion.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.