About Elatec RFID
Elatec RFID is a company based in Puchheim (Germany) founded in 1988 was acquired by Allegion in June 2025.. Elatec RFID offers products and services including TWN4 Readers, ELATEC DevPack, and ELATEC Mobile Badge App. Elatec RFID operates in a competitive market with competitors including Kisi, Salto Systems, Dormakaba, Paragon ID and Matrics, among others.
- Headquarter Puchheim, Germany
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Elatec Gmbh
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Products & Services of Elatec RFID
Elatec RFID offers a comprehensive portfolio of products and services, including TWN4 Readers, ELATEC DevPack, and ELATEC Mobile Badge 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.
Multi-technology readers for secure access control
SDK for configuring and updating RFID readers
App for mobile access credentials and authentication
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Funding Insights of Elatec RFID
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2021 | Amount | Debt – Conventional - Elatec RFID | Valuation |
investors |
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| 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 Elatec RFID
Elatec RFID has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Allegion, Deutsche Private Equity and Summit 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.
| Investor | Description | Founded Year | Domain | Location |
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Summit Partners is recognized as a growth equity investment firm.
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Private equity firm
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Cloud-based access control systems and electronic security products are developed.
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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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Venture capital is directed toward companies in multiple sectors.
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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 Elatec RFID
| 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 - Elatec RFID
| 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 |
Elatec Rfid Comparisons
Competitors of Elatec RFID
Elatec RFID 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 Kisi, Salto Systems, Dormakaba, Paragon ID and Matrics, 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 |
Keyless access management platform is developed for enterprises.
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| domain | founded_year | HQ Location |
Electronic access control systems are manufactured for scalable lock management.
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| domain | founded_year | HQ Location |
Access control solutions for personnel, vehicles, and buildings are provided.
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| domain | founded_year | HQ Location |
Access control solutions based on RFID and NFC are provided.
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| domain | founded_year | HQ Location |
RFID technology is supplied for supply chain, assets, and security.
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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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Latest news on Elatec Rfid
Frequently Asked Questions about Elatec RFID
When was Elatec RFID founded?
Elatec RFID was founded in 1988 and raised its 1st funding round 33 years after it was founded.
Where is Elatec RFID located?
Elatec RFID is headquartered in Puchheim, Germany. It is registered at Puchheim, Bavaria, Germany.
Who is the current CEO of Elatec RFID?
Robert Helgerth is the current CEO of Elatec RFID.
What does Elatec RFID do?
Manufacturer of RFID-based access control solution. It offers single and multi-frequency RFID reades and writer and modules with an antenna. It also offers NFC and Bluetooth based contactless access control solution.
Who are the top competitors of Elatec RFID?
Elatec RFID's top competitors include Salto Systems, Kisi and Dormakaba.
What products or services does Elatec RFID offer?
Elatec RFID offers TWN4 Readers, ELATEC DevPack, and ELATEC Mobile Badge App.
Who are Elatec RFID's investors?
Elatec RFID has 4 investors. Key investors include Allegion, Deutsche Private Equity, Summit Partners, and SGT Capital.