About Elop
Elop is a company based in Oslo (Norway) founded in 2013. Elop has completed 2 acquisitions, including Hadeland Elektro and Nordic Infrastructure. Elop offers products and services including Elop Insight, Elop Trolley, and Elop Multrawheel. Elop operates in a competitive market with competitors including COMMAND Center, EXACT Technology, Concrete Sensors, Caidio and Sensytec, among others.
- Latest Funding Round$1.55M (USD), Grant
Dec 2017
- InvestorsEuropean Union
& 1 more
- Investments & AcquisitionsHadeland Elektro
& 1 more
Products & Services of Elop
Elop offers a comprehensive portfolio of products and services, including Elop Insight, Elop Trolley, and Elop Multrawheel.
Scanner for non-destructive concrete condition analysis.
Mobile device for inspecting larger concrete structures.
Multi-wheel tool for comprehensive concrete scanning.
Funding Insights of Elop
- Total Rounds 2
- Last Round Grant — $1.55M
- First Round $1.55M
(Nov 2015)
- Investors Count 2
All 2 funding rounds of Elop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | $1.55M | Grant | – | – | |
| Nov 2015 | $1.55M | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Elop
Elop has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Elop
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People of Elop
1 people are tracked at Elop (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kjersti Kanne | CEO | Leadership |
Complete people profiles for Elop
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Investments & Acquisitions by Elop
Elop has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hadeland Elektro and Nordic Infrastructure.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electricity transmission projects are developed via contracting services. | hadelandelektro.no | – | 2008 | Aug 2022 | $2.82M | |
Rail infrastructure management services are provided in Norway. | nigroup.no | Trollasen, Norway | 2020 | Jul 2022 | $9.3M |
Complete acquisition details for Elop
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- Exports
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Timeline of Elop
5 dated milestones of Elop across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Elop is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Grant, of $1.6M.
- Acquisition Acquires Nordic Infrastructure.
- Acquisition Acquires Hadeland Elektro.
Competitors of Elop
Elop 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 COMMAND Center, EXACT Technology, Concrete Sensors, Caidio and Sensytec, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| commandcenterconcrete.com | 2017 | Austin, United States | – | 197 | Offers tools for monitoring concrete temperature and maturity in construction projects. | |
| exacttechnology.com | 2017 | Toronto, Canada | – | – | SaaS-driven concrete monitoring solutions are provided for construction. | |
| concretesensors.com | 2015 | Boston, United States | $5.64M | – | Sensors for concrete moisture and humidity monitoring are provided. | |
| caidio.io | 2018 | Espoo, Finland | $1.5M | – | AI-based solutions for concrete quality monitoring are developed. | |
| sensytec.com | 2015 | Houston, United States | $20,000 | – | Cement and concrete structures are monitored in real time. | |
| concr.de | 2019 | Berlin, Germany | – | 30 | Cloud and IoT-based solutions for concrete monitoring are provided. | |
| greenvibe.io | 2019 | – | – | – | Cloud-based IoT sensors for concrete monitoring in construction are provided. | |
| concreteai.io | 2022 | Singapore | – | – | AI-based software for monitoring concrete strength and temperature is provided. | |
| concretemri-can.com | 2019 | Vancouver, Canada | – | – | Real-time concrete quality and strength are monitored via handheld devices. |
Detailed competitors of Elop
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- Full competitor set
- Operating metrics
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Web traffic of Elop
The website of Elop (elop.no) receives about 2.5K visits a month.
- Monthly visits2.5K
▲ 33.2% vs previous month
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Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
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AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.71 B | – | – | |
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Frequently Asked Questions about Elop
Elop was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Elop is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Kjersti Kanne is the current CEO of Elop.
Founded in 2013 in Oslo, Norway, the company operates in the construction sector with a focus on concrete infrastructure. A cloud-based platform is offered for inspecting structures such as bridges, dams, tunnels, and buildings. Services include a patented ultrasound scanning technology, along with an asset management system that supports health monitoring, safety protocols, asset lifetime extension, lifecycle cost management, and environmental impact assessment.
Elop's top competitors include Caidio, Concrete Sensors and GREENVIBE.
Elop offers Elop Insight, Elop Trolley, and Elop Multrawheel.
Elop has made 2 acquisitions, including Hadeland Elektro, and Nordic Infrastructure.
Elop has 2 investors. Key investors include European Union, and EIC Fund.
Elop operates through Elop Technology.