About Konetik
Konetik is a company based in Berlin (Germany) founded in 2014 by Gergo Nyikos and Balazs Szabo was acquired by Quartix in September 2023.. Konetik operates in a competitive market with competitors including Samsara, Lytx, Inseego, CalAmp and Microlise, among others.
- Headquarter Berlin, Germany
- Founders Gergo Nyikos, Balazs Szabo
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Sectors
Industrial Goods & ManufacturingEnergy & Utilities Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Konetik Deutschland Gmbh
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Funding Insights of Konetik
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $57,013
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First Round
First Round
(01 Nov 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2018 | Amount | Grant - Konetik | 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 Konetik
Konetik has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Quartix and European Union. 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 entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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GPS vehicle tracking and fleet management solutions are provided.
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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 Konetik
| 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 - Konetik
| 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 |
Konetik Comparisons
Competitors of Konetik
Konetik 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 Samsara, Lytx, Inseego, CalAmp and Microlise, 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 cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Provider of video telematics and fleet management solutions
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| domain | founded_year | HQ Location |
IoT networking hardware and device management platforms are provided.
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| domain | founded_year | HQ Location |
Machine-to-machine communication solutions are delivered for IoT and asset tracking.
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| domain | founded_year | HQ Location |
Fleet management and telematics solutions are provided for logistics operations.
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| domain | founded_year | HQ Location |
Provider of GSM and iridium-based fleet management and satellite tracking solutions
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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 Konetik
Frequently Asked Questions about Konetik
When was Konetik founded?
Konetik was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Konetik located?
Konetik is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Konetik?
Balazs Szabo is the current CEO of Konetik. They have also founded this company.
What does Konetik do?
Konetik was founded in 2014 in Berlin, Germany, as a provider of fleet management solutions in the IoT sector. An OBDII device is utilized to track vehicles, with features that enable driver coaching and forecasts for maintenance and expenditure. Alerts are generated through notifications for events including accidents and vehicle theft, targeting small and medium fleets.
Who are the top competitors of Konetik?
Who are Konetik's investors?
Konetik has 2 investors. Key investors include Quartix, and European Union.