About Econocom
Econocom is a company based in Puteaux (France) founded in 1974.. Econocom has completed 10 acquisitions, including Aciernet, Altabox and Alter Way. Econocom offers products and services including Equipment Services, Cloud Services, and Financing Solutions. Econocom operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Puteaux, France
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Econocom Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$107.93 K (USD), Grant
Dec 23, 2021
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Aciernet
& 9 more
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Products & Services of Econocom
Econocom offers a comprehensive portfolio of products and services, including Equipment Services, Cloud Services, and Financing Solutions. 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 computing and mobility solutions for business environments.
Offers cloud and hybridisation for data and application modernisation.
Delivers funding for technology assets and energy transitions.
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Funding Insights of Econocom
- Total Funding Total Funding
- Total Rounds 35
- Last Round Grant — $107,929
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First Round
First Round
(27 Feb 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2021 | Amount | Grant - Econocom | Valuation |
investors |
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| Dec, 2021 | Amount | Grant - Econocom | Valuation |
investors |
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| Nov, 2021 | Amount | Grant - Econocom | Valuation |
investors |
| 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 |
Investors in Econocom
Econocom has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Econocom
Econocom has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Aciernet, Altabox and Alter Way. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Open source solutions are integrated by Alter Way in France.
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2006 | ||||
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Digital signage solutions provider
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2005 | ||||
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Software development, integration, support, and consulting services are provided.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Econocom
| 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 |
Econocom Comparisons
Competitors of Econocom
Econocom 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 |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Econocom
Frequently Asked Questions about Econocom
When was Econocom founded?
Econocom was founded in 1974 and raised its 1st funding round 41 years after it was founded.
Where is Econocom located?
Econocom is headquartered in Puteaux, France. It is registered at Puteaux, Hauts-de-seine, France.
What does Econocom do?
Econocom was founded in 1974 and is headquartered in Puteaux, France. Operations focus on the IT and telecom sector, where B2B digital services are delivered. IT integration into traditional industries is facilitated, alongside reselling of data center solutions, desktops, servers, storage, networks, software licensing, multimedia printing, and mobility options. Coverage extends to 18 countries in Europe.
Who are the top competitors of Econocom?
Econocom's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Econocom offer?
Econocom offers Equipment Services, Cloud Services, and Financing Solutions.
How many acquisitions has Econocom made?
Who are Econocom's investors?
Econocom has 1 investor. Key investors include European Union.
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