Eleksen

London, United Kingdom Founded: 1998 • Age: 28 yrs Acquired By Blackline Safety
Textile fabric sensors for smart clothing were developed.
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About Eleksen

Eleksen is a company based in London (United Kingdom) founded in 1998 was acquired by Blackline Safety in February 2021.. Eleksen has raised $25.75 million across 4 funding rounds from investors including Peratech, 3i Group and IDEO. The company has 19 employees as of January 31, 2005. Eleksen operates in a competitive market with competitors including Catapult, Cipher Skin, Welt, Kenzen and Sensoria, among others.

  • Headquarter London, United Kingdom
  • Employees 19 as on 31 Jan, 2005
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Legal Name Elk Realisations Limited
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
    $6.43 M (USD)
    167
    as on Dec 31, 2006
  • Net Profit
    $-6.71 M (USD)
    -37
    as on Dec 31, 2006
  • EBITDA
  • Total Equity Funding
    $25.75 M (USD)

    in 4 rounds

  • Latest Funding Round
    $5.6 M (USD), Series B

    Feb 01, 2006

  • Investors
    Peratech

    & 6 more

  • Employee Count
    19

    as on Jan 31, 2005

  • Acquired by
    Blackline Safety

    & 1 more

    (Feb 16, 2021)

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Funding Insights of Eleksen

Eleksen has successfully raised a total of $25.75M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $5.6 million completed in February 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series B — $5.6M
  • First Round

    (01 Jun 2000)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2006 Amount Series B - Eleksen Valuation

investors

Aug, 2003 Amount Series A - Eleksen Valuation

investors

Oct, 2001 Amount Series A - Eleksen Valuation Frontiers Capital
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 Eleksen

Eleksen has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Peratech, 3i Group and IDEO. 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
Institutional
Investor Description Founded Year Domain Location
Venture investments in systems, infrastructure, and applications for enterprise founders.
Founded Year Domain Location
-
Founded Year Domain Location
Private equity firm focused on mid-market businesses
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 Eleksen

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 - Eleksen

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

Eleksen Comparisons

Employees
+
Add Comparison
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Competitors of Eleksen

Eleksen 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 Catapult, Cipher Skin, Welt, Kenzen and Sensoria, 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
Sports technology solutions are provided to enhance athlete performance.
domain founded_year HQ Location
Biometric apparels for 3D body movement measurement are developed.
domain founded_year HQ Location
Smart connected belt that can monitor physical activity and waist size.
domain founded_year HQ Location
Developer of a smart patch for health monitoring
domain founded_year HQ Location
Sensor-equipped wearables are developed for biometric monitoring.
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 Eleksen

Frequently Asked Questions about Eleksen

When was Eleksen founded?

Eleksen was founded in 1998 and raised its 1st funding round 2 years after it was founded.

Where is Eleksen located?

Eleksen is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Eleksen a funded company?

Eleksen is a funded company, having raised a total of $25.75M across 4 funding rounds to date. The company's 1st funding round was a Series A of $8.75M, raised on Jun 01, 2000.

How many employees does Eleksen have?

As of Jan 31, 2005, the latest employee count at Eleksen is 19.

What is the annual revenue of Eleksen?

Annual revenue of Eleksen is $6.43M as on Dec 31, 2006.

What does Eleksen do?

Eleksen was founded in 1998 in London, United Kingdom, focusing on the development of textile-based sensors within the electronics and apparel sectors. A range of fabric sensors was created for integration into smart clothing and consumer products. A patent was secured for Elektex touch-sensitive materials. The company was acquired by Peratech in January 2008 to enhance its intellectual property portfolio.

Who are the top competitors of Eleksen?

Eleksen's top competitors include Catapult, Sensoria and Cipher Skin.

Who are Eleksen's investors?

Eleksen has 7 investors. Key investors include Peratech, 3i Group, IDEO, Blackline Safety, and Next47.

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