DreamIt

Oulu, Finland Founded: 2005 • Age: 21 yrs Acquired By iLOQ
Software development, virtualization, and web services are provided.
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About DreamIt

DreamIt is a company based in Oulu (Finland) founded in 2005 was acquired by iLOQ in July 2022.. DreamIt offers products and services including Smart Locks, Smart Keys, and Mobile App. DreamIt operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Oulu, Finland
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Iloq Oy
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    iLOQ

    (Jul 08, 2022)

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Products & Services of DreamIt

DreamIt offers a comprehensive portfolio of products and services, including Smart Locks, Smart Keys, and Mobile App. 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.

Primary

Battery-free locks for secure door access in various environments.

Keys that power locks via NFC for convenient entry control.

App for remote key management and access optimization.

Funding Insights of DreamIt

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 DreamIt

DreamIt has secured backing from 1 investor. Prominent investors backing the company include iLOQ. 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.

All
Investor Description Founded Year Domain Location
Battery-free smart lock systems are developed for secure access management.
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 DreamIt

Investments
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 - DreamIt

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Dreamit Comparisons

Employees
+
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Competitors of DreamIt

DreamIt 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
AI, cloud, and blockchain services are provided globally.
domain founded_year HQ Location
IT and digital transformation services are delivered to various industries.
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
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 Dreamit

Frequently Asked Questions about DreamIt

When was DreamIt founded?

DreamIt was founded in 2005.

Where is DreamIt located?

DreamIt is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.

What does DreamIt do?

DreamIt was founded in 2005 in Oulu, Finland, where operations are centered in the information technology sector. Software development services are offered alongside virtualization solutions and web and website development. These activities support various client needs in digital infrastructure and online presence. The company maintains its domain at dreamit.fi, focusing on practical implementations within the Finnish market and beyond.

Who are the top competitors of DreamIt?

DreamIt's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

What products or services does DreamIt offer?

DreamIt offers Smart Locks, Smart Keys, and Mobile App.

Who are DreamIt's investors?

DreamIt has 1 investor. Key investors include iLOQ.

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