ICO-LUX

Jena, Germany Founded: 2018 • Age: 8 yrs
Provider of AI-based forensic image recognition

About ICO-LUX

ICO-LUX is an Industrial Goods & Manufacturing company based in Jena (Germany) founded in 2018 by Stefan Brechtken, Lars Winterfeld, and Jan Franke. It operates as a provider of AI-based forensic image recognition. It operates in the Industrial Goods & Manufacturing, Financial Services, and Technology sectors. ICO-LUX offers products and services including ICO.Fraud, ICO.Link, and ICO.Match. Its focus areas include High Tech, Image Recognition, Applications and Document Processing. Its legal entity is ICO-LUX GmbH. Its competitors include Elastic, Primer, BitGo, Radius and Cohere and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

ICO-LUX was founded in 2018 in Jena, Germany, as a provider of AI-based forensic image recognition. Solutions for real-time fraud checking and detection are offered, along with cognitive automation for processing voucher documents. SaaS-based services ensure data protection compliance. These tools are applied in sectors such as private health insurance, banks, liability and household contents insurance, as well as customs and tax authorities.

  • Headquarters Jena, Germany
  • Founders Stefan Brechtken, Lars Winterfeld, Jan Franke
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website ico-lux.de/en
  • Social LinkedIn
  • Legal Name Ico-Lux Gmbh
Key Metrics

Products & Services of ICO-LUX

ICO-LUX offers a comprehensive portfolio of products and services, including ICO.Fraud, ICO.Link, and ICO.Match.

ICO.Fraud
Fraud Detection Software

AI tool for identifying forged documents in real time.

ICO.Link
Document Processing

Software for linking and verifying related documents securely.

ICO.Match
Matching Software

System for matching data to detect fraud patterns accurately.

Funding Insights of ICO-LUX

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of ICO-LUX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2020–Seed–HTGF
–
Valuation history

1 investors in total: 1 institutional.

Investors in ICO-LUX

ICO-LUX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include High-Tech Gründerfonds.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage investments are made in high-tech startups by HTGF.
–htgf.deBonn, Germany
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Investor details for ICO-LUX

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People of ICO-LUX

3 people are tracked at ICO-LUX (3 in leadership).

NameRoleGroup
Stefan Brechtken
Co-Founder & Managing DirectorLeadership
Lars Winterfeld
Co-Founder & Managing PartnerLeadership
Jan Franke
Co-Founder & Managing DirectorLeadership
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Complete people profiles for ICO-LUX

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Timeline of ICO-LUX

2 dated milestones of ICO-LUX across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded ICO-LUX is founded.
  2. Funding First funding round.

Competitors of ICO-LUX

ICO-LUX has 9 listed competitors in our database, 8 of them funded. They include Elastic, Primer, BitGo, Radius and Cohere, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
elastic.co2012Mountain View, United States$104M3,187
Cloud based text analytics platform
primer.ai2015San Francisco, United States$222.7M194
AI based text summarization and contextualization software tool
bitgo.com2013Palo Alto, United States$170.5M166
Crypto-based custody, trading, and lending services are provided to institutions.
radius.com1990San Francisco, United States$332.76M–
Predictive marketing and sales platform
cohere.com2019Toronto, Canada$1.54B–
Text data analytics platform powered by AI for enterprises.
data.ai2010San Francisco, United States$157M123
Market data is analyzed by AI to generate consumer insights.
meltwater.com2001San Francisco, United States–1
Cloud-based social media monitoring and analytics are offered for businesses.
yoti.com2014London, United Kingdom$48.99M318
Identity verification solutions are provided for multiple industries digitally.
lifelock.com2005Tempe, United States$192.07M–
Identity theft is protected and prevented through cyber monitoring services.
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Detailed competitors of ICO-LUX

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Web traffic of ICO-LUX

The website of ICO-LUX (ico-lux.de) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▲ 9.2% vs previous month

Top companies in Physical Security & Surveillance

10 companies that operate in the same segment as ICO-LUX (Physical Security & Surveillance), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based business telephony and home security services are provided.
2004Palo Alto, California, United StatesUSD 87.97 MUSD 273.6 M1,190
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Family and friends are connected through location-sharing mobile app.
2008San Francisco, California, United StatesUSD 89.74 MUSD 489.48 M569
Wireless home security systems are offered with cellular monitoring.
2006Boston, Massachusetts, United StatesUSD 387 M––
Enterprise video surveillance systems and platforms are developed.
2016San Mateo, California, United StatesUSD 756.64 M–3,047
Wireless smart home security cameras and doorbells are provided.
2009Boston, Massachusetts, United StatesUSD 40.07 M––
Locations are identified and shared via unique three-word addresses.
2013London, England, United KingdomUSD 231.46 M––
Provider of smart thermostats for commercial and residential applications
2007Toronto, Ontario, CanadaUSD 151.52 M––
A personal safety network is provided for community protection.
2017New York, New York, United StatesUSD 143.72 M––
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Related news about Ico-Lux

ICO-LUX wins Fintech Germany Award 2023
Ico-Lux • 2 years ago
HTGF Investment ICO-LUX
Htgf • 5 years ago
ICO-LUX receives seed funding
Ico-Lux • 5 years ago
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Complete news archive for ICO-LUX

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Frequently Asked Questions about ICO-LUX

ICO-LUX was founded in 2018 and raised its 1st funding round 2 years after it was founded.

ICO-LUX is headquartered in Jena, Germany. It is registered at Jena, Thuringia, Germany.

ICO-LUX was founded in 2018 in Jena, Germany, as a provider of AI-based forensic image recognition. Solutions for real-time fraud checking and detection are offered, along with cognitive automation for processing voucher documents. SaaS-based services ensure data protection compliance. These tools are applied in sectors such as private health insurance, banks, liability and household contents insurance, as well as customs and tax authorities.

ICO-LUX's top competitors include Primer, Radius and Cohere.

ICO-LUX offers ICO.Fraud, ICO.Link, and ICO.Match.

ICO-LUX has 1 investor. Key investors include High-Tech Gründerfonds.

ICO-LUX operates through Ico-Lux Gmbh.

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