About Elektrobit
Elektrobit is a company based in Erlangen (Germany) founded in 1988 was acquired by Continental in June 2015. It operates as a SaaS (Software-as-a-Service), Professional Services, and Licensing Model. The company has 710 employees as of April 04, 2024. Elektrobit has completed 2 acquisitions, including Birdstep Technology and Birdstep.fi. Elektrobit offers products and services including EB corbos, EB tresos, EB robinos, EB zentur, and EB Assist. Elektrobit operates in a competitive market with competitors including Telenav, Mojio, Otonomo, Smartcar and Vector, among others.
- Headquarter Erlangen, Germany
- Employees 710 as on 04 Apr, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Elektrobit
- Date of Incorporation 27 Apr, 2016
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$24.21 M (USD)64.38as on Mar 31, 2023
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Net Profit
$2.21 M (USD)40.56as on Mar 31, 2023
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EBITDA
$3.51 M (USD)63.27as on Mar 31, 2023
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Latest Funding Round
$174.63 K (USD), Grant
Jun 01, 2020
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Investors
Continental
& 1 more
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Employee Count
710
as on Apr 04, 2024
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Investments & Acquisitions
Birdstep Technology
& 1 more
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Acquired by
Continental
(Jun 11, 2015)
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Products & Services of Elektrobit
Elektrobit offers a comprehensive portfolio of products and services, including EB corbos, EB tresos, EB robinos, EB zentur, and EB Assist.
Software platform for high-performance computing in vehicles.
Tools for Classic AUTOSAR and ECU development.
Software components for ADAS and automated driving.
Embedded security solutions for automotive software lifecycle.
Tools for ADAS testing and validation processes.
People of Elektrobit
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Software Development Team
185 people
Leadership Team
41 people
Senior Team
26 people
Product Management Team
25 people
Human Resources and Administration
22 people
Expert Team
10 people
Sales and Marketing
8 people
Module Team
5 people
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Funding Insights of Elektrobit
Investors in Elektrobit
Elektrobit has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Continental and European Union.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Continental is recognized as a leading tire manufacturer globally.
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Investor details for Elektrobit
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Investments & Acquisitions by Elektrobit
Elektrobit has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Birdstep Technology and Birdstep.fi.
Investment portfolio details for Elektrobit
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Augmented reality apps for location-based services are developed.
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Provider of mobile security services
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Complete acquisition details for Elektrobit
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Financial Statements - Elektrobit
Detailed financials for Elektrobit
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Elektrobit Comparisons
Peer comparison for Elektrobit
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Competitors of Elektrobit
Elektrobit 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 Telenav, Mojio, Otonomo, Smartcar and Vector, among others.
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Connected car platforms and navigation solutions are provided by Telenav.
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Cloud-connected device and platform for cars
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Online platform offering a data marketplace for the automotive sector
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Provider of SaaS-driven API platform for connected car data
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Embedded electronics and software solutions for automotive are developed.
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Developer of end-to-end connected vehicle ecosystem
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Detailed competitors of Elektrobit
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Latest news on Elektrobit
Complete news archive for Elektrobit
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Frequently Asked Questions about Elektrobit
Elektrobit was founded in 1988 and raised its 1st funding round 27 years after it was founded.
Elektrobit is headquartered in Erlangen, Germany. It is registered at Erlangen, Bavaria, Germany.
As of Apr 04, 2024, the latest employee count at Elektrobit is 710.
Annual revenue of Elektrobit is $24.21M as on Mar 31, 2023.
Automotive software solutions are provided by Elektrobit, focusing on software-defined vehicles, AUTOSAR standards, and high-performance computing. Expertise is offered in Classic and Adaptive AUTOSAR, embedded security, and communication networks like Ethernet. Services include over-the-air updates, cybersecurity maintenance, and automated driving solutions covering ADAS predevelopment, testing, and validation. User experience is enhanced through intelligent cockpit systems and HMI design. Sectors served include automotive technology, cybersecurity, and autonomous driving with scalable and flexible software components.
Elektrobit offers EB corbos, EB tresos, EB robinos, EB zentur, and EB Assist.
Elektrobit has made 2 acquisitions, including Birdstep Technology, and Birdstep.fi.
Elektrobit has 2 investors. Key investors include Continental, and European Union.