Controlant

Reykjavik, Iceland Founded: 2007 • Age: 19 yrs
Cloud-based visibility is offered for cold chain supply management.
Annual revenue - Latest available
Total funding $92.5M 8 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Healthcare
    Technology Transportation, Automotive & Logistics
  • Phone
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  • Website
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  • Social
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  • Legal Name Controlant Hf.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $92.47 M (USD)

    in 8 rounds

  • Latest Funding Round
    $25 M (USD), Series C

    Nov 07, 2024

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

Real-time monitoring platform for pharma supply chains provided.

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Devices for tracking pharma shipments in real time.

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24/7 monitoring and response for pharma logistics offered.

People of Controlant

Headcount 50-200
Employee Profiles 59
Board Members and Advisors 7
Employee Profiles
People
Hildur Lind Sævarsdóttir
Customer Operations Manager
People
Gisli Herjolfsson
Co-Founder & CEO
People
Erlingur Brynjulfsson
Co-Founder & CTO
People
Freyr Bergsteinsson
Engineering Manager

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Board Members and Advisors
people
Ásthildur Otharsdóttir
Vice-Chairman
people
Kristin Fridgeirsdottir
Board Member
people
Trausti Þórmundsson
Board Member
people
Søren Skou
Chairman

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Equity investments are focused on tech, services, and consumer sectors.
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Venture capital investments are made in innovative Icelandic startups.
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Diversified insurance brokerage services are provided in Iceland since 1918.
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Investor details for Controlant

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Controlant

Investments
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Investment portfolio details for Controlant

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Controlant

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Detailed financials for Controlant

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  • Profit trends
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Controlant Comparisons

Controlant Primary company
Description
Cloud-based visibility is offered for cold chain supply mana...
Location
Reykjavik, Iceland
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Controlant

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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.

Company Name Domain Founded year HQ Location Description
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Medical device assets are managed via an online platform.
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Pharmaceutical supply chains are tracked via cloud and AI platforms.
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Provider of web-based temperature logging and monitoring solutions for cold chains
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SaaS supply chain management software is provided for life sciences.
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Cold-chain visibility solutions are provided for perishables.
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Detailed competitors of Controlant

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  • Domains and locations
  • Full company profiles
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Latest news on Controlant

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Complete news archive for Controlant

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Controlant

Controlant was founded in 2007 and raised its 1st funding round 4 years after it was founded.

Controlant is headquartered in Reykjavik, Iceland.

Trausti Thormundsson is the current CEO of Controlant. They have also founded this company.

Controlant is a funded company, having raised a total of $92.47M across 8 funding rounds to date.

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.

Controlant's top competitors include Asimily, VPL and TOWER Cold Chain Solutions.

Controlant offers Controlant Platform, IoT Monitoring Devices, and Monitoring & Response Services.

Controlant has 5 investors. Key investors include Apax Partners, Sjóvá, VÍS, Gildi, and Frumtak Ventures.

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