ESTECO

Trieste, Italy Founded: 2002 • Age: 24 yrs
Numerical optimization solutions are provided for simulation-driven product design.

About ESTECO

ESTECO is a company based in Trieste (Italy) founded in 2002. The company has 22 employees. ESTECO has completed 1 acquisition, including OPTIMAD. ESTECO offers products and services including VOLTA, modeFRONTIER, Cardanit, and Vinnie. ESTECO operates in a competitive market with competitors including Box, Pipefy, Zapier, Formstack and Nanonets, among others.

Key Metrics
  • Annual Revenue
    ₹8.05 Cr

    FY 2025 · +15% YoY

  • Net Profit
    ₹17.4 Lakh

    FY 2025 · 2% margin

  • EBITDA
    ₹61.9 Lakh

    FY 2025 · 8% margin

  • Latest Funding Round
    $444.71K (USD), Grant

    Jan 2021

  • Investors
  • Employee Count
    22
  • Investments & Acquisitions

Products & Services of ESTECO

ESTECO offers a comprehensive portfolio of products and services, including VOLTA, modeFRONTIER, Cardanit, and Vinnie.

VOLTA
Enterprise Platform

Platform for simulation process and data management in engineering.

modeFRONTIER
Software Solution

Tool for automating simulation processes and design optimization.

Cardanit
Editor Tool

Application for business process and decision modeling.

Vinnie
Mobile App

App to assist in selecting appropriate wines.

Apps and channels of ESTECO

its YouTube channel ESTECO Technology has 391 subscribers and 30 videos.

ESTECO Technology
YouTube 391 subscribers 30 videos Science & Technology
Open channel

Videos from ESTECO

The most watched videos on ESTECO's YouTube channel, ESTECO Technology (391 subscribers). Click a video to play it here.

25 years of ESTECO - our founders reflect on a quarter century journey
249 views
ESTECO Users' Meeting North America 2023 - Carlo Poloni & Nader Fateh
146 views
25 years of ESTECO - Zhongli Wen
135 views
25 years of ESTECO - Amey Joshi
119 views

More on ESTECO Technology.

Funding Insights of ESTECO

  • Total Rounds 6
  • Last Round Grant β€” $444,711
  • First Round $715,883

    (Jan 2017)

  • Investors Count 1

All 6 funding rounds of ESTECO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$444,711Grant––
Dec 2019$30,413Grant––
Nov 2018–Grant––
Jun 2017$497,313Grant––
Jan 2017$467,031Grant––
Jan 2017$715,883Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in ESTECO

ESTECO has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for ESTECO

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Board of directors of Esteco Software India Private Limited (ESTECO)

Esteco Software India Private Limited is the primary company behind ESTECO. The board of Esteco Software India Private Limited currently have 4 directors; the longest-serving is Carlo Poloni, appointed in 2012. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Carlo Poloni
DIN 05344153
Director28 Sep 201214 yrsEsteco Software India Private Limited
Nader Fateh
DIN 05194667
Director28 Sep 201214 yrsEsteco Software India Private Limited
Anirudha Anil Joshi
DIN 08146398
Director01 Jun 20188 yrs 4 moEsteco Software India Private Limited
Ashutosh Bhimrao Hajare
DIN 09370925
Whole-time director01 Nov 20214 yrs 11 moEsteco Software India Private Limited

People of ESTECO

6 people are tracked at ESTECO (2 in leadership, 4 in team); the tracked headcount is 22.

NameRoleGroup
PresidentLeadership
Stefano Scoppa
Head Of IT InfrastructureLeadership
Sanket Bhogle
Business Development ManagerTeam
Elisa Citroni
Human Resources SpecialistTeam
Daniele de Vittor
System AdministratorTeam
Aditya Wagh
System AdministratorTeam
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Complete people profiles for ESTECO

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of ESTECO

Figures of Esteco Software India Private Limited, the primary company behind ESTECO, for FY 2025. Revenue was ₹8.05 Cr (+15% year on year). Net profit was ₹17.4 Lakh (2% margin). EBITDA was ₹61.9 Lakh (8% margin). Revenue has grown at a compounded annual rate of +15% over three years and +11% over five years.

  • ₹8.05 CrRevenue · FY 2025 · +15% YoY
  • ₹17.4 LakhNet profit · 2% margin
  • ₹61.9 LakhEBITDA · 8% margin
  • ₹11.9 LakhPaid-up capital
  • 22Employees (provident fund records)
  • +15%Revenue CAGR, 3 years
  • +11%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Esteco Software India Private Limited are on its company page.

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Detailed financial statements for ESTECO

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

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Investments & Acquisitions by ESTECO

ESTECO has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OPTIMAD.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Software development and integration services are provided by OPTIMAD.
optimad.itTurin, Italy2006Aug 2024β€’β€’β€’β€’
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Complete acquisition details for ESTECO

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
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Verified entity values are shown only after access is granted.

Timeline of ESTECO

4 dated milestones of ESTECO across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded ESTECO is founded.
  2. Funding First funding round of $716K.
  3. Funding Latest funding round, Grant, of $445K.
  4. Acquisition Acquires OPTIMAD.

Competitors of ESTECO

ESTECO 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 Box, Pipefy, Zapier, Formstack and Nanonets, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
box.com2005Redwood, United States$692.63M–
AI-based platform for secure collaboration and content management is utilized.
pipefy.com2015San Francisco, United States$148.74M–
SaaS-based workflow and task management solution provider
zapier.com2011San Francisco, United States$2.68M–
No-code automation and AI tools are provided for workflow integration.
formstack.com2006Indianapolis, United States$425M143
Cloud-based workflow automation is provided for enterprise productivity.
nanonets.com2017San Francisco, United States$40.9M14
AI-powered platform for document processing and workflow automation is offered.
taskade.com2017New York, United States$5M5
Provider of AI agent workspace for task automation and project management
newgensoft.com1992Delhi, India$17.7M4,043
Cloud-based content service platforms are provided for enterprise automation.
kindo.ai2022Los Angeles, United States$27.6M–
AI-driven workflow automation is delivered for business operations.
camunda.com2013Berlin, Germany$126M124
Open source platform for workflow and decision automation
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Detailed competitors of ESTECO

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of ESTECO

The website of ESTECO (esteco.com) receives about 16.7K visits a month.

  • Monthly visits
    16.7K

    ▲ 15.6% vs previous month

Similar websites

Websites whose visitors overlap most with ESTECO. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
lindo.com
100%
–#506,401View details
gams.com
94%
88.7K#446,521View details
cimne.upc.es
cimne.upc.es
89%
–––
mcdmsociety.org
83%
––View details
e-ids.co.uk
e-ids.co.uk
81%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 25 similar websites and full traffic analytics for ESTECO

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 25 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Esteco

VOLTA and modeFRONTIER 2025R1 Out Now
Digitalengineering247 β€’ 1 year ago
Esteco Acquires Optimad Engineering
Digitalengineering247 β€’ 2 years ago
VOLTA and modeFRONTIER 2024R2 Out
Digitalengineering247 β€’ 2 years ago
ESTECO, Optimad Partner to Offer Embedded Explainable AI
Digitalengineering247 β€’ 2 years ago
ESTECO Releases VOLTA and modeFRONTIER 2023R2
Digitalengineering247 β€’ 3 years ago
VOLTA and modeFRONTIER 2022R1 Available Now
Digitalengineering247 β€’ 4 years ago
Syroco Uses ESTECO Technology to Design Fast Sailboat
Digitalengineering247 β€’ 5 years ago
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Complete news archive for ESTECO

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to ESTECO

10 companies that operate in the same segment as ESTECO (Digital Identity & Transaction Management), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered platform manages marketing creatives and customer journeys.
1982San Jose, California, United States–USD 23.77 B30,710
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B2,810
Cloud and AI-based electronic signatures and contract management are provided.
2003San Francisco, California, United StatesUSD 520 MUSD 3.22 B6,840
SaaS platform enables digital adoption and customer self-service.
2013San Jose, California, United StatesUSD 265.51 MUSD 52.03 M836
Cloud based data streaming analytics and governance platform
2014Mountain View, California, United StatesUSD 456 MUSD 963.64 M3,060
AI-powered software for contract drafting and management is provided.
2017IndiaUSD 112.95 MUSD 2.43 M162
SaaS-based workflow and task management solution provider
2015San Francisco, California, United StatesUSD 148.74 M––
Software suite solutions for retail supply chain are provided.
1998Minneapolis, Minnesota, United StatesUSD 50.5 MUSD 751.5 M2,780
Provider of digital signature certificates, PKI, and e-signature solutions
2008Bengaluru, Karnataka, IndiaUSD 26.23 MUSD 74.82 M851
Cleo is recognized for providing supply chain integration solutions.
2012Rockford, Illinois, United StatesUSD 83.5 MUSD 5.15 M117
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Frequently Asked Questions about ESTECO

ESTECO was founded in 2002 and raised its 1st funding round 15 years after it was founded.

ESTECO is headquartered in Trieste, Italy. It is registered at Trieste, Friuli-venezia Giulia, Italy.

ESTECO has 22 employees.

The primary company behind ESTECO, Esteco Software India Private Limited, reported revenue of β‚Ή8.05 Cr for FY 2025, up 15% year on year.

ESTECO was founded in 2002 in Trieste, Italy, and operates in the software sector focused on industrial product development. Numerical optimization tools are offered to support simulation-driven design processes, including modeFRONTIER for analyzing cost and performance factors to shorten development timelines, and Volta as a web-based platform for simulation workflow and data management. Clients such as BMW, Honda, Ford, Ferrari, and Toyota are served across automotive and engineering fields.

ESTECO's top competitors include Box, Pipefy and Zapier.

ESTECO offers VOLTA, modeFRONTIER, Cardanit, and Vinnie.

ESTECO has made 1 acquisition, including OPTIMAD.

ESTECO has 1 investor. Key investors include European Union.

ESTECO operates through Esteco Software India Private Limited.

The legal entities of ESTECO currently have 4 directors, including Carlo Poloni, Ashutosh Bhimrao Hajare, Anirudha Anil Joshi and others.

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