About INETCO
INETCO is a company based in Burnaby (Canada) founded in 1984.. INETCO has raised $2.04 million across 18 funding rounds from investors including WUTIF. INETCO offers products and services including INETCO BullzAI and INETCO Insight. INETCO operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Alloy and Megvii, among others.
- Headquarter Burnaby, Canada
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Phone
*********
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Website
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Social
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- Legal Name Inetco Systems Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.04 M (USD)
in 18 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of INETCO
INETCO offers a comprehensive portfolio of products and services, including INETCO BullzAI and INETCO Insight. 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.
Software for detecting and blocking payment fraud in real-time.
Platform for real-time payment analytics and performance monitoring.
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Funding Insights of INETCO
INETCO has successfully raised a total of $2.04M across 18 strategic funding rounds. 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 18
- Last Round Last Round
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First Round
First Round
(01 Nov 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Unspecified - INETCO | Valuation |
investors |
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| Jan, 2025 | Amount | Unspecified - INETCO | Valuation |
investors |
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| Dec, 2024 | Amount | Unspecified - INETCO | 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 INETCO
INETCO has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include WUTIF. 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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Early-stage technology startups in British Columbia are funded by WUTIF.
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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 INETCO
| 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 - INETCO
| 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 |
Inetco Comparisons
Competitors of INETCO
INETCO 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 Quantexa, ComplyAdvantage, Riskified, Alloy and Megvii, 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 |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based anti-money laundering solutions are provided for compliance.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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| domain | founded_year | HQ Location |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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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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Latest news on Inetco
Frequently Asked Questions about INETCO
When was INETCO founded?
INETCO was founded in 1984 and raised its 1st funding round 23 years after it was founded.
Where is INETCO located?
INETCO is headquartered in Burnaby, Canada. It is registered at Burnaby, British Columbia, Canada.
Is INETCO a funded company?
INETCO is a funded company, having raised a total of $2.04M across 18 funding rounds to date. The company's 1st funding round was a Unspecified of $486.92K, raised on Nov 01, 2007.
What does INETCO do?
INETCO was founded in 1984 in Burnaby, Canada, as a provider of transaction monitoring and analytics software. Solutions are offered to banks, payment processors, and financial institutions to support real-time operations. Deployment has occurred in over 50 countries, serving sectors including banking, ATM, retail, telecommunications, and payments. Focus is placed on operational efficiency, cost reduction, and customer experience improvements.
Who are the top competitors of INETCO?
INETCO's top competitors include ComplyAdvantage, Riskified and Quantexa.
What products or services does INETCO offer?
INETCO offers INETCO BullzAI and INETCO Insight.
Who are INETCO's investors?
INETCO has 1 investor. Key investors include WUTIF.