GasSecure

Oslo, Norway Founded: 2008 • Age: 18 yrs Acquired By Dräger
Wireless gas detection systems for industrial applications are supplied.
Annual revenue $5.3M Latest available
Total funding $7.3M 3 rounds
Employees 12 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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 as of December 31, 2021. GasSecure offers products and services including GS01 Gas Detector and Polytron 6100 EC WL.

  • Headquarter Oslo, Norway
  • Employees 12 as on 31 Dec, 2021
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Gassecure As
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.26 M (USD)
    21
    as on Dec 31, 2022
  • Net Profit
    $336.04 K (USD)
    -5
    as on Dec 31, 2022
  • EBITDA
    $83.51 K (USD)
    -52
    as on Dec 31, 2022
  • Total Equity Funding
    $7.26 M (USD)

    in 3 rounds

  • Latest Funding Round
    $133.45 K (USD), Grant

    Jan 01, 2015

  • Investors
    Dräger

    & 4 more

  • Employee Count
    12

    as on Dec 31, 2021

  • Acquired by
    Dräger

    (Mar 10, 2015)

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Products & Services of GasSecure

GasSecure offers a comprehensive portfolio of products and services, including GS01 Gas Detector and Polytron 6100 EC WL.

Product name locked
Category locked
Primary

A wireless gas detector that is utilized in industrial applications to monitor safety

Product name locked
Category locked
Locked

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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Locked Locked Locked
Early-stage tech and energy investments are made primarily in Norway.
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Growth-stage tech and energy investments in Europe are targeted.
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Investor details for GasSecure

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Investments & Acquisitions by GasSecure

Investments
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Investment portfolio details for GasSecure

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Financial Statements - GasSecure

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Gassecure Comparisons

GasSecure Primary company
Description
Wireless gas detection systems for industrial applications a...
Location
Oslo, Norway
Founded Year
2008
Annual Revenue
$5.26 M (USD)
Net Profit
$336.04 K (USD)
EBITDA
$83.51 K (USD)
Employees
12
As of 2021
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Peer comparison for GasSecure

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Competitors of GasSecure

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Detailed competitors of GasSecure

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Latest news on Gassecure

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Complete news archive for GasSecure

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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.

As of Dec 31, 2021, the latest employee count at GasSecure is 12.

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.

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