About Flyt AS
Flyt AS is a company based in Bergen (Norway) founded in 2021 was acquired by Gjensidige in July 2021.. The company has 40 employees as of December 31, 2022. Flyt AS offers products and services including Bilista and Bombrikke. Flyt AS operates in a competitive market with competitors including Bilhold, inoFLEET and MPS Bilskade, among others.
- Headquarter Bergen, Norway
- Employees 40 as on 31 Dec, 2022
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
- Legal Name Flyt As
-
Annual Revenue
$8.93 M (USD)81as on Dec 31, 2022
-
Net Profit
$-1.6 M (USD)-128as on Dec 31, 2022
-
EBITDA
$-2.04 M (USD)-93as on Dec 31, 2022
-
Latest Funding Round
- Investors
-
Employee Count
40
as on Dec 31, 2022
-
Acquired by
Gjensidige
(Jul 14, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Flyt AS
Flyt AS offers a comprehensive portfolio of products and services, including Bilista and Bombrikke. 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.
App for managing toll passes and vehicle agreements in Norway.
Device for automatic toll and ferry payments across Norway.
Funding Insights of Flyt AS
| 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 Flyt AS
Flyt AS has secured backing from 1 investor. Prominent investors backing the company include Gjensidige. 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 |
|---|---|---|---|---|
|
Insurance services for individuals and businesses are offered across Scandinavia.
|
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 Flyt AS
| 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 |
Financial Statements - Flyt AS
| 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 |
Flyt As Comparisons
Competitors of Flyt AS
Flyt AS 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 Bilhold, inoFLEET and MPS Bilskade, 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 |
A mobile application for booking car maintenance services conveniently.
|
|
| domain | founded_year | HQ Location |
Car fleet services are provided in Norway by inoFLEET.
|
|
| domain | founded_year | HQ Location |
Car repair and damage fixing services are offered in Norway.
|
| 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.
|
Frequently Asked Questions about Flyt AS
When was Flyt AS founded?
Flyt AS was founded in 2021.
Where is Flyt AS located?
Flyt AS is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.
How many employees does Flyt AS have?
As of Dec 31, 2022, the latest employee count at Flyt AS is 40.
What is the annual revenue of Flyt AS?
Annual revenue of Flyt AS is $8.93M as on Dec 31, 2022.
What does Flyt AS do?
Flyt AS was founded in 2021 and is headquartered in Bergen, Norway. Auto pass solutions for vehicles are offered through the domain flytpass.no. Operations are focused on the automotive sector, where automated access and passage services are delivered to support car mobility. The company serves clients primarily in the Norwegian market, with activities centered on practical transportation aids. Regional geography influences the scope of services provided.
Who are the top competitors of Flyt AS?
Flyt AS's top competitors include inoFLEET, MPS Bilskade and Bilhold.
What products or services does Flyt AS offer?
Flyt AS offers Bilista and Bombrikke.
Who are Flyt AS's investors?
Flyt AS has 1 investor. Key investors include Gjensidige.