About Controlant
Controlant is a company based in Reykjavik (Iceland) founded in 2007 by Trausti Thormundsson, Gisli Herjolfsson, and Erlingur Brynjulfsson. It operates as a SaaS (Software-as-a-Service), and Managed Services. Controlant has raised $92.47 million across 8 funding rounds from investors including Apax Partners, Sjóvá and VÍS. Controlant offers products and services including Controlant Platform, IoT Monitoring Devices, and Monitoring & Response Services. Controlant operates in a competitive market with competitors including Asimily, TraceLink, Eupry, VPL and Sensitech, among others.
- Headquarter Reykjavik, Iceland
- Founders Trausti Thormundsson, Gisli Herjolfsson, Erlingur Brynjulfsson
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Sectors
HealthcareTechnology Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Controlant Hf.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$92.47 M (USD)
in 8 rounds
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Latest Funding Round
$25 M (USD), Series C
Nov 07, 2024
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Investors
Apax Partners
& 4 more
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Employee Count
Employee Count
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Products & Services of Controlant
Controlant offers a comprehensive portfolio of products and services, including Controlant Platform, IoT Monitoring Devices, and Monitoring & Response Services. 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.
Real-time monitoring platform for pharma supply chains provided.
Devices for tracking pharma shipments in real time.
24/7 monitoring and response for pharma logistics offered.
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Funding Insights of Controlant
Controlant has successfully raised a total of $92.47M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in November 2024. 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 8
- Last Round Series C — $25.0M
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First Round
First Round
(26 Jan 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Debt – Conventional - Controlant | Valuation |
investors |
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| Nov, 2024 | Amount | Series C - Controlant | Valuation |
investors |
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| Nov, 2023 | Amount | Series C - Controlant | Valuation | Gildi |
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| 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 Controlant
Controlant has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Apax Partners, Sjóvá and VÍS. 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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Equity investments are focused on tech, services, and consumer sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are made in innovative Icelandic startups.
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Founded Year | Domain | Location | |
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Diversified insurance brokerage services are provided in Iceland since 1918.
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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 Controlant
| 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 - Controlant
| 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 |
Controlant Comparisons
Competitors of Controlant
Controlant 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 Asimily, TraceLink, Eupry, VPL and Sensitech, 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 |
Medical device assets are managed via an online platform.
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| domain | founded_year | HQ Location |
Pharmaceutical supply chains are tracked via cloud and AI platforms.
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| domain | founded_year | HQ Location |
Provider of web-based temperature logging and monitoring solutions for cold chains
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| domain | founded_year | HQ Location |
SaaS supply chain management software is provided for life sciences.
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| domain | founded_year | HQ Location |
Cold-chain visibility solutions are provided for perishables.
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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 Controlant
Frequently Asked Questions about Controlant
When was Controlant founded?
Controlant was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is Controlant located?
Controlant is headquartered in Reykjavik, Iceland.
Who is the current CEO of Controlant?
Trausti Thormundsson is the current CEO of Controlant. They have also founded this company.
Is Controlant a funded company?
Controlant is a funded company, having raised a total of $92.47M across 8 funding rounds to date. The company's 1st funding round was a Series C of $40M, raised on Jan 26, 2011.
What does Controlant do?
Controlant is focused on optimizing pharmaceutical supply chains through IoT monitoring devices, a real-time visibility platform, and 247 monitoring and response services. The company serves leading pharma companies and logistics providers worldwide, addressing key challenges in product quality and safety. Solutions are provided for end-to-end supply chain visibility, workflow automation, and compliance with pharmaceutical standards like GxP and 21 CFR Part 11. Sectors covered include clinical trials and vaccine distribution, with actionable insights and advanced analytics offered to enhance performance and resilience.
Who are the top competitors of Controlant?
Controlant's top competitors include Asimily, VPL and TOWER Cold Chain Solutions.
What products or services does Controlant offer?
Controlant offers Controlant Platform, IoT Monitoring Devices, and Monitoring & Response Services.
Who are Controlant's investors?
Controlant has 5 investors. Key investors include Apax Partners, Sjóvá, VÍS, Gildi, and Frumtak Ventures.
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