About iOnRoad
iOnRoad is a company based in Ramat Gan (Israel) founded in 2010 was acquired by Harman International in April 2013. It operates as a B2C. iOnRoad has raised $250 thousand across 2 funding rounds from investors including Harman International and Qualcomm Ventures. iOnRoad operates in a competitive market with competitors including Cerence, ContinUse Biometrics, Flare, Auto Chilango and FordPass, among others.
- Headquarter Ramat Gan, Israel
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$250 K (USD)
in 2 rounds
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Latest Funding Round
$150 K (USD), Seed
Mar 14, 2013
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Investors
Harman International
& 1 more
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Employee Count
Employee Count
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Acquired by
Harman International
(Apr 10, 2013)
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Funding Insights of iOnRoad
iOnRoad has successfully raised a total of $250K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in March 2013. 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 2
- Last Round Seed — $150,000
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First Round
First Round
(01 Jun 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2013 | Amount | Seed - iOnRoad | Valuation |
investors |
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| Jun, 2012 | Amount | Seed - iOnRoad | 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 iOnRoad
iOnRoad has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Harman International and Qualcomm Ventures. 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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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location | |
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Provider of infotainment and audio solutions for multiple sectors
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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 iOnRoad
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - iOnRoad
| 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 |
Ionroad Comparisons
Competitors of iOnRoad
iOnRoad 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 Cerence, ContinUse Biometrics, Flare, Auto Chilango and FordPass, 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 and SaaS-enabled virtual assistants for connected vehicles are provided.
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| domain | founded_year | HQ Location |
Contactless biometric sensor for the continuous monitoring of biomedical parameters
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| domain | founded_year | HQ Location |
In-transit cab advertising network is facilitated via mobile app.
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| domain | founded_year | HQ Location |
An automotive management app is provided for vehicle owners.
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| domain | founded_year | HQ Location |
Produces automobiles, trucks, and offers automotive services worldwide.
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| domain | founded_year | HQ Location |
Delivers advanced GPS-based vehicle tracking systems for enhanced security and management.
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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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Frequently Asked Questions about iOnRoad
When was iOnRoad founded?
iOnRoad was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is iOnRoad located?
iOnRoad is headquartered in Ramat Gan, Israel. It is registered at Ramat Gan, Tel Aviv District, Israel.
Is iOnRoad a funded company?
iOnRoad is a funded company, having raised a total of $250K across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jun 01, 2012.
What does iOnRoad do?
iOnRoad operates with a B2C model, focusing on leveraging cutting-edge technology, software, developing user-friendly mobile apps, and driving assistance. Offers a smartphone app for driving assistance and safety features. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of iOnRoad?
iOnRoad's top competitors include Cerence, ContinUse Biometrics and Flare.
Who are iOnRoad's investors?
iOnRoad has 2 investors. Key investors include Harman International, and Qualcomm Ventures.
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