About EnCo
EnCo is a company based in Hamburg (Germany) founded in 2005 by Marcus Heine.. EnCo offers products and services including SOX, HARA Module, and TARA Module. EnCo operates in a competitive market with competitors including Dassault Systems, Jama Software, Applied Dynamics, No Magic and Vitech, among others.
- Headquarter Hamburg, Germany
- Founders Marcus Heine
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Sectors
Industrial Goods & Manufacturing
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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 Enco Software Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$54.46 K (USD), Grant
Apr 30, 2017
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of EnCo
EnCo offers a comprehensive portfolio of products and services, including SOX, HARA Module, and TARA Module. 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.
Platform for risk analysis and engineering collaboration in projects.
Tool for hazard and risk assessment in safety engineering.
Software for threat analysis and risk management processes.
Funding Insights of EnCo
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $54,456
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First Round
First Round
(01 Nov 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Grant - EnCo | Valuation |
investors |
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| Nov, 2016 | Amount | Grant - EnCo | Valuation |
investors |
| 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 EnCo
EnCo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 EnCo
| 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 - EnCo
| 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 |
Enco Comparisons
Competitors of EnCo
EnCo 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 Dassault Systems, Jama Software, Applied Dynamics, No Magic and Vitech, 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 |
SaaS-driven BIM and 3D modeling solutions are offered for construction.
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| domain | founded_year | HQ Location |
Cloud-based software for product requirement management is provided.
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| domain | founded_year | HQ Location |
Model-based system engineering is utilized for product lifecycle support.
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| domain | founded_year | HQ Location |
Provider of software for model-based systems
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| domain | founded_year | HQ Location |
Vitech is engaged in providing model-based systems engineering solutions.
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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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Frequently Asked Questions about EnCo
When was EnCo founded?
EnCo was founded in 2005 and raised its 1st funding round 11 years after it was founded.
Where is EnCo located?
EnCo is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Who is the current CEO of EnCo?
Marcus Heine is the current CEO of EnCo. They have also founded this company.
What does EnCo do?
EnCo was founded in 2005 in Hamburg, Germany, as a provider of multi-user modular workstations for safety and security in model-based engineering systems. Requirements management, hazard and risk analysis, system design, and document preparation are supported, along with team communication, administrative tasks, project management, and process design. Integrations with tools such as IBM Rational DOORS and codebeamer are available. Operations focus on automotive, plant engineering, rail, and aerospace sectors.
Who are the top competitors of EnCo?
EnCo's top competitors include Jama Software, Ansys and Dassault Systems.
What products or services does EnCo offer?
EnCo offers SOX, HARA Module, and TARA Module.
Who are EnCo's investors?
EnCo has 2 investors. Key investors include European Union, and EIC Fund.
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