About IVEX
IVEX is a company based in Leuven (Belgium) founded in 2017 by Jeremy Schuermans.. IVEX has raised $1.3 million across 2 funding rounds from investors including PMV, Dedicated and Noshaq. IVEX offers products and services including Euro NCAP On-Road Evaluator, Data Analytics Platform, Vehicle Dynamics Information Generator (VDIG), and Trajectory Checker (TC). IVEX operates in a competitive market with competitors including Applied Intuition, Foretellix, Cognata, Trace Machina and Metamoto, among others.
- Headquarter Leuven, Belgium
- Founders Jeremy Schuermans
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Ivex Nv
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.3 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
PMV
& 5 more
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Employee Count
Employee Count
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Products & Services of IVEX
IVEX offers a comprehensive portfolio of products and services, including Euro NCAP On-Road Evaluator, Data Analytics Platform, Vehicle Dynamics Information Generator (VDIG), and Trajectory Checker (TC). 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.
Evaluates ADAS performance in real-world driving scenarios.
Analyzes data for ADAS and AD validation processes.
Generates dynamics data for autonomous vehicle testing.
Checks vehicle trajectories for safety and accuracy.
Funding Insights of IVEX
IVEX has successfully raised a total of $1.3M across 2 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 2
- Last Round Last Round
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First Round
First Round
(19 Feb 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2023 | Amount | Seed - IVEX | Valuation |
investors |
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| Feb, 2020 | Amount | Seed - IVEX | Valuation | SPDG Ventures , PMV |
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| 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 |
Investors in IVEX
IVEX has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include PMV, Dedicated and Noshaq. 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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Noshaq is recognized as a Liège-based investment fund providing financing solutions.
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Founded Year | Domain | Location | |
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Early-stage investment fund focused on disruptive tech startups.
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Founded Year | Domain | Location | |
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Private debt funds are managed across 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 IVEX
| 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 - IVEX
| 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 |
Ivex Comparisons
Competitors of IVEX
IVEX 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 Applied Intuition, Foretellix, Cognata, Trace Machina and Metamoto, 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 |
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| domain | founded_year | HQ Location |
Simulation software for autonomous vehicles is developed.
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| domain | founded_year | HQ Location |
Tech-enabled simulation platform for autonomous vehicles is provided.
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| domain | founded_year | HQ Location |
Deep learning algorithms are utilized for autonomous driving simulations.
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| domain | founded_year | HQ Location |
Simulation infrastructure is provided for safety-critical physical world AI development.
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| domain | founded_year | HQ Location |
Multi-sensor simulation solutions for autonomous vehicle systems are 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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Latest news on Ivex
Frequently Asked Questions about IVEX
When was IVEX founded?
IVEX was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is IVEX located?
IVEX is headquartered in Leuven, Belgium. It is registered at Leuven, Flemish Brabant, Belgium.
Who is the current CEO of IVEX?
Jeremy Schuermans is the current CEO of IVEX. They have also founded this company.
Is IVEX a funded company?
IVEX is a funded company, having raised a total of $1.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Feb 19, 2020.
What does IVEX do?
Founded in 2017 in Leuven, Belgium, IVEX operates in the autonomous vehicle sector. Software systems are developed for simulating and validating high-level behavior planning and decision-making technologies. Assessments of autonomous vehicles are conducted based on safety constraints, regulatory rules, complex real-life scenarios, and moral perceptions. The platform supports validation processes essential for autonomous driving advancements.
Who are the top competitors of IVEX?
IVEX's top competitors include Applied Intuition, Foretellix and Cognata.
What products or services does IVEX offer?
IVEX offers Euro NCAP On-Road Evaluator, Data Analytics Platform, Vehicle Dynamics Information Generator (VDIG), and Trajectory Checker (TC).
Who are IVEX's investors?
IVEX has 6 investors. Key investors include PMV, Dedicated, Noshaq, The Faktory, and SPDG Ventures.
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