Evatic

Trondheim, Norway Founded: 1991 • Age: 35 yrs Acquired By Viking Venture
Service management systems are developed for business processes.
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About Evatic

Evatic is a company based in Trondheim (Norway) founded in 1991 was acquired by Viking Venture in January 2018.. The company has 13 employees as of December 12, 2024. Evatic has completed 2 acquisitions, including WS Software and WinServ. Evatic offers products and services including Evatic Platform, AI Knowledge Base, and Smart Toner Management. Evatic operates in a competitive market with competitors including BigChange, Yoobic, Workiz, WorkWave and Dispatch, among others.

  • Headquarter Trondheim, Norway
  • Employees 13 as on 12 Dec, 2024
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Asolvi As
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    13

    as on Dec 12, 2024

  • Investments & Acquisitions
    WS Software

    & 1 more

  • Acquired by
    Viking Venture

    (Jan 26, 2018)

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Products & Services of Evatic

Evatic offers a comprehensive portfolio of products and services, including Evatic Platform, AI Knowledge Base, and Smart Toner Management. 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.

Primary

Comprehensive tool for tracking metrics and optimizing operations.

Intelligent assistant for quick troubleshooting and problem resolution.

Automated system for efficient toner dispatching and invoicing.

Funding Insights of Evatic

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2010 Amount Private Equity Round - Evatic Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Evatic

Evatic has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Viking Venture. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Growth-stage tech and energy investments in Europe are targeted.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Evatic

Evatic has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include WS Software and WinServ. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Software development services are provided by WS Software.
1984
Limited information is available on WinServ's core activities.
1984
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Evatic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Evatic Comparisons

Employees
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Competitors of Evatic

Evatic 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 BigChange, Yoobic, Workiz, WorkWave and Dispatch, 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
Cloud-based field workforce management software is provided.
domain founded_year HQ Location
Frontline employee experience platform for managing operational tasks
domain founded_year HQ Location
Software for field services management and scheduling is provided.
domain founded_year HQ Location
Cloud Based software solutions for Field Service and Fleet Management for Pest Control, Cleaning, Lawn and HVAC
domain founded_year HQ Location
Field service management software and APIs are offered for businesses.
domain founded_year HQ Location
Field operations are tracked and managed through a cloud-based platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Evatic

Frequently Asked Questions about Evatic

When was Evatic founded?

Evatic was founded in 1991 and raised its 1st funding round 19 years after it was founded.

Where is Evatic located?

Evatic is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.

How many employees does Evatic have?

As of Dec 12, 2024, the latest employee count at Evatic is 13.

What does Evatic do?

Evatic develops multifunctional service management system which support every stage of the service business process from offer to after-sale service. It offers Evatic Service - which comprises functions for the administration of service assignments, technicians, contracts, machines, and orders; Evatic Mobile - a solution developed for mobile technicians; Evatic Web - web application that enables customers andor service partners to receiveenter service assignments, to order partsaccessories, to report meter readings or to get reports on the individual performance; and Evatic Map, a map-based function to locate service technicians and service assignments on map. Serves industries such as office equipments, elevators, heavy equipments, medical equipments etc.

Who are the top competitors of Evatic?

Evatic's top competitors include Yoobic, Sitemate and BigChange.

What products or services does Evatic offer?

Evatic offers Evatic Platform, AI Knowledge Base, and Smart Toner Management.

How many acquisitions has Evatic made?

Evatic has made 2 acquisitions, including WS Software, and WinServ.

Who are Evatic's investors?

Evatic has 1 investor. Key investors include Viking Venture.

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