About IDENTEC SOLUTIONS
IDENTEC SOLUTIONS is a company based in Lustenau (Austria) founded in 1999 by Wilhelm Gantner.. IDENTEC SOLUTIONS has raised $35.3 million across 3 funding rounds from investors including Gamma Capital Partners. IDENTEC SOLUTIONS has completed 2 acquisitions, including Hothead Technologies and Tunnelcom. IDENTEC SOLUTIONS offers products and services including Asset Agent, Crew Companion, Reefer Runner, and Terminal Tracker. IDENTEC SOLUTIONS operates in a competitive market with competitors including WorkJam, Reflexis Systems, smartstaff, SIMPRO and Parsable, among others.
- Headquarter Lustenau, Austria
- Founders Wilhelm Gantner
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Sectors
Natural ResourcesTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Identec Solutions Norway As
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35.3 M (USD)
in 3 rounds
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Latest Funding Round
$7.5 M (USD), Series B
May 24, 2011
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Hothead Technologies
& 1 more
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Products & Services of IDENTEC SOLUTIONS
IDENTEC SOLUTIONS offers a comprehensive portfolio of products and services, including Asset Agent, Crew Companion, Reefer Runner, and Terminal Tracker. 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.
Real-time identification and localisation for factory efficiency
Personnel tracking system for marine and mining safety
Automated monitoring of refrigerated containers in ports
Real-time visibility for port operations and sustainability
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Funding Insights of IDENTEC SOLUTIONS
IDENTEC SOLUTIONS has successfully raised a total of $35.3M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $7.5 million completed in May 2011. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $7.5M
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First Round
First Round
(26 Jun 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2011 | Amount | Series B - IDENTEC SOLUTIONS | Valuation |
investors |
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| Nov, 2006 | Amount | Series B - IDENTEC SOLUTIONS | Valuation | Gamma Capital Partners |
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| Jun, 2006 | Amount | Series B - IDENTEC SOLUTIONS | Valuation |
investors |
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| 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 IDENTEC SOLUTIONS
IDENTEC SOLUTIONS has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gamma Capital Partners. 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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A venture capital and equity consulting firm is operated.
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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 IDENTEC SOLUTIONS
IDENTEC SOLUTIONS has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hothead Technologies and Tunnelcom. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Limited details on Tunnelcom's operations are publicly available.
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2016 | ||||
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Automobile news is delivered through an online platform.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - IDENTEC SOLUTIONS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Identec Solutions Comparisons
Competitors of IDENTEC SOLUTIONS
IDENTEC SOLUTIONS 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 WorkJam, Reflexis Systems, smartstaff, SIMPRO and Parsable, 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 |
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| domain | founded_year | HQ Location |
Hourly workforce schedules and communications are managed via software.
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| domain | founded_year | HQ Location |
AI-based workforce management software is offered for diverse industries.
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| domain | founded_year | HQ Location |
Provider of workforce management platform for blue collar employee lifecycle management
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| domain | founded_year | HQ Location |
Cloud-based field service management software is offered by SIMPRO.
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| domain | founded_year | HQ Location |
Collaboration software solutions are provided for industrial workers.
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| domain | founded_year | HQ Location |
Fleet, asset, and mobile workforce management solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Latest news on Identec Solutions
Frequently Asked Questions about IDENTEC SOLUTIONS
When was IDENTEC SOLUTIONS founded?
IDENTEC SOLUTIONS was founded in 1999 and raised its 1st funding round 7 years after it was founded.
Where is IDENTEC SOLUTIONS located?
IDENTEC SOLUTIONS is headquartered in Lustenau, Austria. It is registered at Lustenau, Vorarlberg, Austria.
Who is the current CEO of IDENTEC SOLUTIONS?
Wilhelm Gantner is the current CEO of IDENTEC SOLUTIONS. They have also founded this company.
Is IDENTEC SOLUTIONS a funded company?
IDENTEC SOLUTIONS is a funded company, having raised a total of $35.3M across 3 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Jun 26, 2006.
What does IDENTEC SOLUTIONS do?
Provider of hardware and software solutions for field operations. The product offerings include Reefer Runner is remote monitoring and control system, Crew Companion with features as offsite emergency evacuation coordination and mustering, alarm management, situation monitoring, Terminal Tracker is a remote identification software, and Asset Agent to manage status and asset location. The products are offered for industries such as mining tunneling, marine ports, oil gas, and smart factory.
Who are the top competitors of IDENTEC SOLUTIONS?
What products or services does IDENTEC SOLUTIONS offer?
IDENTEC SOLUTIONS offers Asset Agent, Crew Companion, Reefer Runner, and Terminal Tracker.
How many acquisitions has IDENTEC SOLUTIONS made?
IDENTEC SOLUTIONS has made 2 acquisitions, including Hothead Technologies, and Tunnelcom.
Who are IDENTEC SOLUTIONS's investors?
IDENTEC SOLUTIONS has 1 investor. Key investors include Gamma Capital Partners.