About Econosto
Econosto is a company based in Belgium founded in 2004 was acquired by ERIKS in March 2008.. Econosto operates in a competitive market with competitors including Halma, NOVARC, Triangle Fire Group, JASO Industrial Cranes and Newton Steel Frames, among others.
- Headquarter Belgium
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
- Legal Name Econosto Nv
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Funding Insights of Econosto
| 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 Econosto
Econosto has secured backing from 1 investor. Prominent investors backing the company include ERIKS. 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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Automotive spare parts are retailed online via ERIKS platform.
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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 Econosto
| 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 - Econosto
| 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 |
Econosto Comparisons
Competitors of Econosto
Econosto 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 Halma, NOVARC, Triangle Fire Group, JASO Industrial Cranes and Newton Steel Frames, 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 |
Safety, health, and environmental technologies are developed and supplied internationally.
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Manufacturer of electrical safety equipment
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| domain | founded_year | HQ Location |
Offers fire sprinkler systems, installation, and maintenance for residential and commercial properties.
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| domain | founded_year | HQ Location |
Industrial cranes and hoists are manufactured by JASO for various sectors.
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| domain | founded_year | HQ Location |
Designs, manufactures, assembles, and erects light gauge steel frames for buildings.
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Manufactures and installs lightning protection, earthing, and surge systems for clients.
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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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Frequently Asked Questions about Econosto
When was Econosto founded?
Econosto was founded in 2004.
Where is Econosto located?
Econosto is headquartered in Belgium.
What does Econosto do?
Econosto, established in 2004, excels in industrial goods and manufacturing, industrial safety, hardware, machinery and asset safety, and diversified. Provider of valves, fittings, measuring, and control components. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Econosto?
Econosto's top competitors include Halma, JASO Industrial Cranes and NOVARC.
Who are Econosto's investors?
Econosto has 1 investor. Key investors include ERIKS.
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