About Elematic
Elematic is a company based in Akaa (Finland) founded in 1959 was acquired by Pamplona Capital Management in October 2007.. The company has 91 employees as of April 10, 2024. Elematic offers products and services including Machinery and Software.
- Headquarter Akaa, Finland
- Employees 91 as on 10 Apr, 2024
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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 Elematic India Private Limited
- Date of Incorporation 06 Apr, 2011
- Jurisdiction Delhi, India
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Annual Revenue
$6.61 M (USD)90.17as on Mar 31, 2023
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Net Profit
$566.48 K (USD)812.17as on Mar 31, 2023
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EBITDA
$929.77 K (USD)1350.28as on Mar 31, 2023
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Latest Funding Round
$40.74 M (USD), Debt – Conventional
Sep 01, 2018
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Investors
Etera.fi
& 3 more
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Employee Count
91
as on Apr 10, 2024
- Acquired by
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Products & Services of Elematic
Elematic offers a comprehensive portfolio of products and services, including Machinery and Software. 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.
Machinery for precast concrete production is provided, covering equipment for manufacturing and automation
Software for precast operations is supplied, assisting in the management and optimization of production processes
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Funding Insights of Elematic
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $40.7M
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First Round
First Round
(01 Sep 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Debt – Conventional - Elematic | Valuation |
investors |
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| 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 Elematic
Elematic has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Etera.fi, Tesi and Pamplona Capital Management. 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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Private equity investment firm
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Founded Year | Domain | Location | |
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Private equity investment firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Sentica is engaged in private equity investments in Finland.
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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 Elematic
| 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 - Elematic
| 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 |
Elematic Comparisons
Competitors of Elematic
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Elematic
When was Elematic founded?
Elematic was founded in 1959 and raised its 1st funding round 59 years after it was founded.
Where is Elematic located?
Elematic is headquartered in Akaa, Finland.
Who is the current CEO of Elematic?
Mats Jungar is the current CEO of Elematic.
How many employees does Elematic have?
As of Apr 10, 2024, the latest employee count at Elematic is 91.
What is the annual revenue of Elematic?
Annual revenue of Elematic is $6.61M as on Mar 31, 2023.
What does Elematic do?
Founded in 1959 and based in Akaa, Finland, the company operates in the precast concrete sector. Equipment is provided, ranging from individual machines to full production plants, along with software and shuttering solutions for the manufacturing process. Support services for maintenance and facility improvements are also offered to enhance operational efficiency in precast concrete production.
What products or services does Elematic offer?
Elematic offers Machinery and Software.
Who are Elematic's investors?
Elematic has 4 investors. Key investors include Etera.fi, Tesi, Pamplona Capital Management, and Sentica.
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