About Insort
Insort is a company based in Kirchberg An Der Raab (Austria) founded in 2011 was acquired by Alder in November 2023.. Insort offers products and services including Chemical Imaging Technology (CIT®), Sherlock Air, and Sherlock Series. Insort operates in a competitive market with competitors including QualySense, Bomill, Marsh Harrier, RKG Enterprises and Mythronics, among others.
- Headquarter Kirchberg An Der Raab, Austria
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Insort Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$59.38 K (USD), Grant
Jul 31, 2021
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Acquired by
Alder
(Nov 24, 2023)
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Products & Services of Insort
Insort offers a comprehensive portfolio of products and services, including Chemical Imaging Technology (CIT®), Sherlock Air, and Sherlock Series. 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.
Detects defects and foreign materials in food for enhanced safety.
Efficiently sorts small bulk products with real-time quality data.
Provides three-way sorting for potatoes and other foods accurately.
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Funding Insights of Insort
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $59,382
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First Round
First Round
(01 Jul 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Grant - Insort | Valuation |
investors |
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| Aug, 2019 | Amount | Grant - Insort | Valuation |
investors |
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| Oct, 2018 | Amount | Grant - Insort | 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 Insort
Insort has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and Alder. 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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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 Insort
| 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 - Insort
| 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 |
Insort Comparisons
Competitors of Insort
Insort 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 QualySense, Bomill, Marsh Harrier, RKG Enterprises and Mythronics, 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 |
Autonomous robots for grain sorting and grading are developed.
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| domain | founded_year | HQ Location |
Wheat sorting systems are developed and manufactured for agriculture.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of grading and sorting equipment
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| domain | founded_year | HQ Location |
Supplies and markets color sorter machines for grains and tea globally.
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| domain | founded_year | HQ Location |
IoT and AI-based platform for autonomous food monitoring is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Insort
When was Insort founded?
Insort was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Insort located?
Insort is headquartered in Kirchberg An Der Raab, Austria. It is registered at Kirchberg An Der Raab, Styria, Austria.
Who is the current CEO of Insort?
Matthias Jeindl is the current CEO of Insort.
What does Insort do?
Insort was established in 2011 in Kirchberg An Der Raab, Austria, within the public safety sector. County-level law enforcement operations are managed, encompassing law and order maintenance, crime investigations, and county jail administration. Focus is placed on equitable law application, crime mitigation, and community well-being improvement. Multiple divisions are employed, alongside external partnerships, to fulfill local requirements. Adjustments to evolving demands have been made since inception.
Who are the top competitors of Insort?
Insort's top competitors include Bomill, Marsh Harrier and QualySense.
What products or services does Insort offer?
Insort offers Chemical Imaging Technology (CIT®), Sherlock Air, and Sherlock Series.
Who are Insort's investors?
Insort has 3 investors. Key investors include European Union, EIC Fund, and Alder.