About iResTech
iResTech is a company based in Nicosia (Cyprus) founded in 2015.. iResTech operates in a competitive market with competitors including Soundmind Intelligence, Carefeed, Family.cards, Bleta and Amethyst Care, among others.
- Headquarter Nicosia, Cyprus
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Sectors
Healthcare
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Email
***********
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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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Latest Funding Round
$55.82 K (USD), Grant
Aug 31, 2016
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Funding Insights of iResTech
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $55,822
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First Round
First Round
(01 Mar 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Grant - iResTech | Valuation |
investors |
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| Mar, 2016 | Amount | Grant - iResTech | 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 iResTech
iResTech has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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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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 iResTech
| 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 - iResTech
| 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 |
Irestech Comparisons
Competitors of iResTech
iResTech 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 Soundmind Intelligence, Carefeed, Family.cards, Bleta and Amethyst Care, 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 |
Elderly health tracking and daily task support are facilitated.
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| domain | founded_year | HQ Location |
Cloud-based platform providing communication services for care homes and assisted living
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| domain | founded_year | HQ Location |
Online platform offering to stream movies and series
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| domain | founded_year | HQ Location |
Provider of personalized communication tablet for elders
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| domain | founded_year | HQ Location |
Preovider of voice-based patient communication app for elders
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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 iResTech
When was iResTech founded?
iResTech was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is iResTech located?
iResTech is headquartered in Nicosia, Cyprus.
What does iResTech do?
iResTech was founded in 2015 in Nicosia, Cyprus, within the assistive technology sector. Operations focus on the IrisPhone smartphone, designed for seniors residing at home. Health vitals are monitored, home lights and temperature are controlled, and entertainment options are offered through the device. The accompanying app facilitates contact editing, multimedia sharing, device monitoring, and data storage for users.
Who are the top competitors of iResTech?
iResTech's top competitors include Family.cards, Bleta and Carefeed.
Who are iResTech's investors?
iResTech has 2 investors. Key investors include European Union, and EIC Fund.