About HitSeed
HitSeed is a company based in Espoo (Finland) founded in 2012.. HitSeed offers products and services including Sensor Computers, Platform, and Professional Services. HitSeed operates in a competitive market with competitors including Celeno, Memfault, Xyte, Hara and Converge, among others.
- Headquarter Espoo, Finland
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$54.94 K (USD), Grant
May 31, 2015
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of HitSeed
HitSeed offers a comprehensive portfolio of products and services, including Sensor Computers, Platform, and Professional Services. 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.
Devices that collect and analyze sensor data autonomously via machine learning.
Tools for programming sensor computers and integrating with mobile devices.
Services to develop and deploy sensor-based solutions for businesses.
Funding Insights of HitSeed
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $54,939
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First Round
First Round
(01 Dec 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Grant - HitSeed | Valuation |
investors |
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| Dec, 2014 | Amount | Grant - HitSeed | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HitSeed
HitSeed has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HitSeed
| 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 - HitSeed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hitseed Comparisons
Competitors of HitSeed
HitSeed 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 Celeno, Memfault, Xyte, Hara and Converge, 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 |
Provides high performance WiFi chips and software
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| domain | founded_year | HQ Location |
Embedded software patch management is delivered for consumer electronics devices.
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| domain | founded_year | HQ Location |
Cloud-based servitization platform is provided for OEM connected devices.
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| domain | founded_year | HQ Location |
Energy and sustainability management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Sensor networks are utilized for monitoring construction sites.
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| domain | founded_year | HQ Location |
Mobile Backend-as-a-Service and IoT cloud platform are offered by Kii.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about HitSeed
When was HitSeed founded?
HitSeed was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is HitSeed located?
HitSeed is headquartered in Espoo, Finland.
What does HitSeed do?
HitSeed was founded in 2012 in Espoo, Finland, and operates in the IoT sector. Hardware and software solutions are provided to support local intelligence in connected devices. The SeedNode platform is offered as battery-operated sensor computers, featuring over one year of battery life, Bluetooth Low Energy connectivity, extensibility through shields and scripts, and ARM Cortex-M microcontrollers. Developer tools and libraries are included for onboard sensing applications.
Who are the top competitors of HitSeed?
What products or services does HitSeed offer?
HitSeed offers Sensor Computers, Platform, and Professional Services.
Who are HitSeed's investors?
HitSeed has 2 investors. Key investors include European Union, and EIC Fund.
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