About IDENTYTEC
IDENTYTEC is a company based in Hildesheim (Germany) founded in 2005. The company has 9 employees. IDENTYTEC operates in a competitive market with competitors including Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others.
- Headquarter Hildesheim, Germany
- Employees 9
- SectorsTransportation, Automotive & LogisticsIndustrial Goods & Manufacturing Technology
- Phone•••• ••••
- Website identytec.com
- Social LinkedIn Facebook YouTube
- Legal Name Identytec India Intralogistic-Solutions Private Limited
- Date of Incorporation 11 Feb, 2019
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.92 Cr
FY 2024 · -27% YoY
- Net Profit₹19.1 Lakh
FY 2024 · 10% margin
- EBITDA₹27.2 Lakh
FY 2024 · 14% margin
- Investors
- Employee Count9
Associated legal entities of IDENTYTEC
IDENTYTEC operates through Identytec India Intralogistic-Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Identytec India Intralogistic-Solutions Private Limited CIN U72200PN2019PTC182052 | Active | 11 Feb 2019 | Pune, Maharashtra | ₹1.9 Cr | 9 | 3 | View details |
Apps and channels of IDENTYTEC
its YouTube channel IDENTYTEC has 52 subscribers and 30 videos.
Videos from IDENTYTEC
The most watched videos on IDENTYTEC's YouTube channel, IDENTYTEC (52 subscribers). Click a video to play it here.
More on IDENTYTEC.
Funding Insights of IDENTYTEC
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of IDENTYTEC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | – | Private Equity Round | – | NBank Capital | – |
1 investors in total: 1 institutional.
Investors in IDENTYTEC
IDENTYTEC has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include NBank Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
NBank Capital is engaged in venture capital investments for startups and SMEs. | – | nbank-capital.de | Hannover, Germany |
Investor details for IDENTYTEC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Board of directors of Identytec India Intralogistic-Solutions Private Limited (IDENTYTEC)
Identytec India Intralogistic-Solutions Private Limited is the primary company behind IDENTYTEC. The board of Identytec India Intralogistic-Solutions Private Limited currently have 3 directors; the longest-serving is Soumitra Suhas Dole, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Soumitra Suhas Dole DIN 08296481 | Director | 11 Feb 2019 | 7 yrs 8 mo | Identytec India Intralogistic-Solutions Private Limited |
| Cerstin Finke DIN 08491653 | Director | 19 Aug 2019 | 7 yrs 1 mo | Identytec India Intralogistic-Solutions Private Limited |
| Thorsten Finke DIN 08636217 | Director | 12 Dec 2019 | 6 yrs 10 mo | Identytec India Intralogistic-Solutions Private Limited |
People of IDENTYTEC
1 people are tracked at IDENTYTEC (1 in leadership); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for IDENTYTEC
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Financials of IDENTYTEC
Figures of Identytec India Intralogistic-Solutions Private Limited, the primary company behind IDENTYTEC, for FY 2024. Revenue was ₹1.92 Cr (-27% year on year). Net profit was ₹19.1 Lakh (10% margin). EBITDA was ₹27.2 Lakh (14% margin). Revenue has grown at a compounded annual rate of +972% over three years.
- ₹1.92 CrRevenue · FY 2024 · -27% YoY
- ₹19.1 LakhNet profit · 10% margin
- ₹27.2 LakhEBITDA · 14% margin
- ₹9.2 LakhPaid-up capital
- 9Employees (provident fund records)
- +972%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Identytec India Intralogistic-Solutions Private Limited are on its company page.
Detailed financial statements for IDENTYTEC
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of IDENTYTEC
2 dated milestones of IDENTYTEC across 13 years, from founding to its latest funding, stage changes and deals.
- Founded IDENTYTEC is founded.
- Funding First funding round.
Competitors of IDENTYTEC
IDENTYTEC 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 Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thirdwave.ai | 2018 | Union, United States | $82M | – | AI and cloud-driven automation is delivered for warehouse material handling. | |
| righthandrobotics.com | 2014 | Cambridge, United States | $125.32M | 57 | AI-enabled robotic grippers for object picking are provided. | |
| kindred.ai | 2014 | San Francisco, United States | $28M | 5 | Provider of a pick and place robot for e-commerce applications | |
| greyorange.com | 2012 | Roswell, United States | $545.23M | – | AI and SaaS-based robots for warehouse automation are provided. | |
| agilityrobotics.com | 2015 | Albany, United States | $178M | 225 | Bipedal robots are developed for locomotion, navigation, and manipulation applications. | |
| geekplus.com | 2015 | Beijing, China | $532.19M | – | Autonomous mobile robots are supplied for warehouse operations. | |
| locusrobotics.com | 2014 | Wilmington, United States | $438.45M | 375 | Automated robotic solutions are provided for warehouse operations. | |
| kinexon.com | 2012 | Munich, Germany | $130M | 66 | Location and motion analytics are tracked via sensor-based platform. | |
| vanderlande.com | 1949 | Eindhoven, Netherlands | – | 1,302 | Automated material handling systems are developed for airports and warehouses. | |
| vecnarobotics.com | 2018 | Cambridge, United States | $193M | 138 | Robotic solutions for workflow automation are developed across industries. |
Detailed competitors of IDENTYTEC
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Similar companies to IDENTYTEC
10 companies that operate in the same segment as IDENTYTEC (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about IDENTYTEC
IDENTYTEC was founded in 2005 and raised its 1st funding round 13 years after it was founded.
IDENTYTEC is headquartered in Hildesheim, Germany. It is registered at Hildesheim, Lower Saxony, Germany.
Thorsten Finke is the current CEO of IDENTYTEC.
IDENTYTEC has 9 employees.
The primary company behind IDENTYTEC, Identytec India Intralogistic-Solutions Private Limited, reported revenue of ₹1.92 Cr for FY 2024, down 27% year on year.
Developer of robotic storage and warehouse operations management solutions. It offers solutions to support production logistics. It streamlines intra-logistics processes in the manufacturing industry by connecting the company ordering system with the AGV technology, to automate the ordering and delivery processes. It automates inventory monitoring and replenishment orders. The platform integrates with AGV technology for automated delivery of load carriers.
IDENTYTEC's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
IDENTYTEC has 1 investor. Key investors include NBank Capital.
IDENTYTEC operates through Identytec India Intralogistic-Solutions Private Limited.
The legal entities of IDENTYTEC currently have 3 directors, including Thorsten Finke, Cerstin Finke, Soumitra Suhas Dole.