Hiber

Amsterdam, Netherlands Founded: 2016 • Age: 10 yrs Acquired By Finch Capital
Global M2M and IoT connectivity is enabled through satellite networks.
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About Hiber

Hiber is a company based in Amsterdam (Netherlands) founded in 2016 by Ernst Peter Hovinga was acquired by Finch Capital in June 2023. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Hiber has completed 1 acquisition, including SRETT. Hiber offers products and services including HiberHilo. Hiber operates in a competitive market with competitors including Iridium Communications, Skylo, Astrocast, Ligado and Sateliot, among others.

  • Headquarter Amsterdam, Netherlands
  • Founders Ernst Peter Hovinga
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hws Solutions B.V.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $53.82 K (USD), Grant

    May 31, 2022

  • Investors
    Astrocast

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Finch Capital

    & 1 more

    (Jun 23, 2023)

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Products & Services of Hiber

Hiber offers a comprehensive portfolio of products and services, including HiberHilo. 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

Remote monitoring system for oil and gas wells.

People of Hiber
Headcount 10-50
Employee Profiles 16
Employee Profiles
People
Gianluca Cescon
Head of Product Management
People
Andrea Rossignoli
Customer Success Manager
People
Przemysław Zając
Field Application Engineer
People
Oisin Cross
Business Development Representative

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Funding Insights of Hiber

  • Total Funding
  • Total Rounds 6
  • Last Round Grant — $53,818
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Grant - Hiber Valuation

investors

Mar, 2021 Amount Debt – Conventional - Hiber Valuation

investors

Jun, 2020 Amount Grant - Hiber 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 Hiber

Hiber has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Astrocast, Rijksdienst voor Ondernemend Nederland and European Union. 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
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Early-stage tech and offline focused VC firm investing in geographies such as Europe and South East Asia
Founded Year Domain Location
Hartenlust Group is focused on developing medium-sized companies through investment.
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 Hiber

Hiber has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SRETT. 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
Remote monitoring solutions for industrial and healthcare sectors are provided.
2005
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 - Hiber

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

Hiber Comparisons

Employees
+
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Competitors of Hiber

Hiber 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 Iridium Communications, Skylo, Astrocast, Ligado and Sateliot, 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
Satellite and telecommunication services are provided globally.
domain founded_year HQ Location
Provider of satellite connectivity for sensor data, SMS, and voice calls
domain founded_year HQ Location
Nano-satellites-based IoT and M2M connectivity solutions are provided globally.
domain founded_year HQ Location
Operator of mobile network services using licensed spectrum and satellite technology
domain founded_year HQ Location
A narrowband IoT network is operated via 5G satellite connectivity.
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 Hiber

When was Hiber founded?

Hiber was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Hiber located?

Hiber is headquartered in Amsterdam, Netherlands.

What does Hiber do?

Remote IoT monitoring solutions are offered by Hiber for the energy sector, specifically targeting oil and gas industries. The primary product, HiberHilo, is designed for well and pipeline monitoring, providing affordable and reliable data from remote fields. Solutions are built to be easy to install and use, with global satellite coverage at cellular costs. The focus is placed on enhancing production efficiency, ensuring well integrity, and supporting sustainable monitoring practices. Various use cases such as pipeline monitoring, producing wells, and decommissioning are addressed with tailored functionalities. Partnerships with industry leaders like WTS Energy are leveraged to tackle challenges in the energy space.

Who are the top competitors of Hiber?

Hiber's top competitors include Iridium Communications, Skylo and Ligado.

What products or services does Hiber offer?

Hiber offers HiberHilo.

How many acquisitions has Hiber made?

Hiber has made 1 acquisition, including SRETT.

Who are Hiber's investors?

Hiber has 6 investors. Key investors include Astrocast, Rijksdienst voor Ondernemend Nederland, European Union, EIC Fund, and Finch Capital.

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