About Evocon
Evocon is a company based in Tallinn (Estonia) founded in 2010 by Aigar Koov and Ahto Krolov was acquired by Syspro in January 2026. It operates as a SaaS, and B2B. The company has 39 employees as of September 30, 2024. Evocon offers products and services including OEE Software, Dashboard, Reports, and Checklists. Evocon operates in a competitive market with competitors including Henry Waltz, FactoryPal, OEEsystems, OEE Tools and Heysem AI, among others.
- Headquarter Tallinn, Estonia
- Employees 39 as on 30 Sep, 2024
- Founders Aigar Koov, Ahto Krolov
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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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Products & Services of Evocon
Evocon offers a comprehensive portfolio of products and services, including OEE Software, Dashboard, Reports, and Checklists. 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.
Tracks overall equipment effectiveness for manufacturing optimization.
Provides real-time insights into production performance data.
Generates reports to analyze and improve manufacturing efficiency.
Automates recurring checks to enhance production reliability.
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Funding Insights of Evocon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Evocon
Evocon has secured backing from 1 investor. Prominent investors backing the company include Syspro. 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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Cloud-based ERP solutions are offered for multiple industries.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Evocon
| 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 - Evocon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Evocon Comparisons
Competitors of Evocon
Evocon 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 Henry Waltz, FactoryPal, OEEsystems, OEE Tools and Heysem AI, 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 |
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Provider of a platform offering data preparation and discovery solutions
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Provides modular apps for seamless shop floor operations and production analytics.
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| domain | founded_year | HQ Location |
OEE software is offered for manufacturing operational excellence.
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| domain | founded_year | HQ Location |
Real-time software for monitoring OEE in production plants and machines.
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| domain | founded_year | HQ Location |
AI system analyzes factory efficiency via camera images and data processing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Evocon
When was Evocon founded?
Evocon was founded in 2010.
Where is Evocon located?
Evocon is headquartered in Tallinn, Estonia.
How many employees does Evocon have?
As of Sep 30, 2024, the latest employee count at Evocon is 39.
What does Evocon do?
Evocon is a software company that develops OEE tools to help manufacturers monitor and optimize production in real-time through dashboards, reports, and checklists. It analyzes performance data to reduce downtime and enhance efficiency across global operations in industries like food, pharmaceuticals, and building materials. Serving clients such as Coca-Cola and Saint-Gobain, it focuses on data-driven improvements for better productivity.
Who are the top competitors of Evocon?
Evocon's top competitors include Henry Waltz, OEEsystems and FactoryPal.
What products or services does Evocon offer?
Evocon offers OEE Software, Dashboard, Reports, and Checklists.
Who are Evocon's investors?
Evocon has 1 investor. Key investors include Syspro.