About Confidex
Confidex is a company based in Tampere (Finland) founded in 2005 was acquired by Beontag in April 2022.. Confidex has raised $3.76 million across 2 funding rounds from investors including Danske Bank, Finnvera and Beontag. Confidex offers products and services including Label Materials, RFID Inlays, Specialty Papers, and BLE Tags. Confidex operates in a competitive market with competitors including Zebra, Easybook, HopOn, Masabi and Ubirider, among others.
- Headquarter Tampere, Finland
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Sectors
Transportation, Automotive & LogisticsTechnology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.76 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Danske Bank
& 4 more
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Employee Count
Employee Count
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Acquired by
Beontag
(Apr 20, 2022)
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Products & Services of Confidex
Confidex offers a comprehensive portfolio of products and services, including Label Materials, RFID Inlays, Specialty Papers, and BLE Tags. 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.
Provides labeling and self-adhesive papers for various applications
Offers RFID tags for inventory and supply chain tracking
Delivers papers for digital printing and variable information
Enables Bluetooth connectivity for smart applications
Funding Insights of Confidex
Confidex has successfully raised a total of $3.76M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(01 Feb 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2010 | Amount | Series A - Confidex | Valuation | Tesi |
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| Feb, 2010 | Amount | Series A - Confidex | Valuation | Auratum , Finnvera |
| 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 |
Investors in Confidex
Confidex has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Danske Bank, Finnvera and Beontag. 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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Private equity investment firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Loans, investments, and financial services are provided to businesses.
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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 Confidex
| 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 - Confidex
| 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 |
Confidex Comparisons
Competitors of Confidex
Confidex 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 Zebra, Easybook, HopOn, Masabi and Ubirider, 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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| domain | founded_year | HQ Location |
Zebra Technologies is recognized for providing intelligent operation solutions globally.
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| domain | founded_year | HQ Location |
Travel tickets and accommodations are booked via an online platform.
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| domain | founded_year | HQ Location |
SaaS mobility-as-a-service and data collection for public transit are provided.
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| domain | founded_year | HQ Location |
Saas-enabled plafform offering mobile ticketing solutions for transport operators
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| domain | founded_year | HQ Location |
Public transport app for tickets and timetables
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| domain | founded_year | HQ Location |
Train journeys are planned and booked via an online platform.
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| 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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Latest news on Confidex
Frequently Asked Questions about Confidex
When was Confidex founded?
Confidex was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is Confidex located?
Confidex is headquartered in Tampere, Finland.
Is Confidex a funded company?
Confidex is a funded company, having raised a total of $3.76M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.76M, raised on Feb 01, 2010.
What does Confidex do?
Confidex was founded in 2005 in Tampere, Finland, where integrated NFC and RFID solutions are developed for contactless ticketing in public transport and asset tracking in industrial settings. End-to-end systems for fare collection are provided through cards and kiosks in the transport sector. For industrial applications, tags using BLE, NFC, and RFID technologies, along with a supporting software platform, are offered to monitor assets in both indoor and outdoor environments.
Who are the top competitors of Confidex?
What products or services does Confidex offer?
Confidex offers Label Materials, RFID Inlays, Specialty Papers, and BLE Tags.
Who are Confidex's investors?
Confidex has 5 investors. Key investors include Danske Bank, Finnvera, Beontag, Tesi, and Auratum.
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