Echosat

Lexington, United States Founded: 1973 • Age: 53 yrs Acquired By ControlScan
Payments security, firewalls, and network solutions are provided by Echosat.
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About Echosat

Echosat is a company based in Lexington (United States) founded in 1973 was acquired by ControlScan in May 2017.. The company has 31 employees as of December 31, 2017. Echosat operates in a competitive market with competitors including Stripe, Square, PayPal, Flutterwave and PayU, among others.

  • Headquarter Lexington, United States
  • Employees 31 as on 31 Dec, 2017
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Echosat, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    ControlScan

    & 2 more

  • Employee Count
    31

    as on Dec 31, 2017

  • Acquired by
    ControlScan

    & 1 more

    (May 25, 2017)

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Funding Insights of Echosat

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 Echosat

Echosat has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ControlScan and Thompson Street Capital Partners. 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
Venture Fund
Investor Description Founded Year Domain Location
A private equity firm focused on middle-market business investments.
Founded Year Domain Location
Managed security and compliance services are offered to enterprises.
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 Echosat

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 - Echosat

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

Echosat Comparisons

Employees
+
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Competitors of Echosat

Echosat 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 Stripe, Square, PayPal, Flutterwave and PayU, 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
Payment processing and card issuance solutions are provided for businesses.
domain founded_year HQ Location
POS solutions are provided for retail businesses.
domain founded_year HQ Location
Online payment solutions are offered to consumers and businesses.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Online payment processing and credit solutions are provided for businesses.
domain founded_year HQ Location
Payment processing and treasury management solutions are offered to businesses.
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 Echosat

Frequently Asked Questions about Echosat

When was Echosat founded?

Echosat was founded in 1973.

Where is Echosat located?

Echosat is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.

How many employees does Echosat have?

As of Dec 31, 2017, the latest employee count at Echosat is 31.

What does Echosat do?

EchoSat provides payments security, managed firewall and network solution. EchoSat operates a high-speed, redundant SPG (Secure Payment Gateway) network that allows merchants and businesses of all types to transmit vital payments data securely on any broadband connection accessed via digital subscriber line (DSL), cable, wireless or satellite. EchoSat also offers PaySafe SPG, a managed firewall solution that provides network segmentation, security and redundancy for payments data while protecting Internet Protocol (IP)-based point-of-sale systems from external and internal breach.

Who are the top competitors of Echosat?

Echosat's top competitors include Stripe, PayU and Flutterwave.

Who are Echosat's investors?

Echosat has 2 investors. Key investors include ControlScan, and Thompson Street Capital Partners.

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