About GasSecure
GasSecure is a company based in Oslo (Norway) founded in 2008 was acquired by Dräger in March 2015. GasSecure has raised $7.26 million across 3 funding rounds from investors including Dräger, European Union and Investinor. The company has 12 employees. GasSecure offers products and services including GS01 Gas Detector and Polytron 6100 EC WL.
- Headquarter Oslo, Norway
- Employees 12
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website gassecure.com
- Social LinkedIn
- Acquired by Dräger (Mar 2015)
- Legal Name Gassecure As
- Annual Revenue$5.26 M (USD)21as on Dec 31, 2022
- Net Profit$336.04 K (USD)-5as on Dec 31, 2022
- EBITDA$83.51 K (USD)-52as on Dec 31, 2022
- Total Equity Funding$7.26M (USD)
in 3 rounds
- Latest Funding Round$133.45K (USD), Grant
Jan 2015
- InvestorsDräger
& 4 more
- Employee Count12
- Acquired byDräger
(Mar 2015)
Products & Services of GasSecure
GasSecure offers a comprehensive portfolio of products and services, including GS01 Gas Detector and Polytron 6100 EC WL.
A wireless gas detector that is utilized in industrial applications to monitor safety
A gas detection system that is employed with selectable radio standards for enhanced functionality
Funding Insights of GasSecure
GasSecure has successfully raised a total of $7.26M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $133.45 thousand completed in January 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.26M
- Total Rounds 3
- Last Round Grant — $133,447
- First Round $5.65M
(Mar 2010)
- Investors Count 4
All 3 funding rounds of GasSecure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2015 | $133,447 | Grant | – | – | |
| Aug 2013 | $1.61M | Series A | – | – | |
| Mar 2010 | $5.65M | Series A | – | – |
5 investors in total: 5 institutional.
Investors in GasSecure
GasSecure has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Dräger, European Union and Investinor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | investinor.no | - | |
Early-stage tech and energy investments are made primarily in Norway. | – | proventure.no | Trondheim, Norway | |
Growth-stage tech and energy investments in Europe are targeted. | – | vikingventure.com | Trondheim, Norway | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Safety and medical equipment solutions are provided internationally. | 1994 | draeger.com | Lubeck, Germany |
Investor details for GasSecure
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of GasSecure
4 dated milestones of GasSecure across 7 years, from founding to its latest funding, stage changes and deals.
- Founded GasSecure is founded.
- Funding First funding round of $5.7M.
- Funding Latest funding round, Grant, of $133K.
- Exit Acquired by Dräger.
Web traffic of GasSecure
The website of GasSecure (gassecure.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 8.1% vs previous month
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Frequently Asked Questions about GasSecure
GasSecure was founded in 2008 and raised its 1st funding round 2 years after it was founded.
GasSecure is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
GasSecure is a funded company, having raised a total of $7.26M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.65M, raised on Mar 2010.
GasSecure has 12 employees.
Annual revenue of GasSecure is $5.26M as on Dec 31, 2022.
GasSecure was established in 2008 in Oslo, Norway, as a provider of wireless gas detection systems for industrial sectors. Operations focus on systems that monitor hazardous gases to safeguard personnel and assets. A range of detectors, such as the GS01 and Polytron 6100 EC WL, is available, compatible with multiple radio standards. Infrared sensing and SafeWireless protocols are employed to ensure detection reliability in diverse industrial settings.
GasSecure offers GS01 Gas Detector and Polytron 6100 EC WL.
GasSecure has 5 investors. Key investors include Dräger, European Union, Investinor, ProVenture, and Viking Venture.
GasSecure operates through Gassecure As.
Yes. GasSecure was acquired by Dräger in March 2015.