About Kongsberg Digital
Kongsberg Digital is a company based in Lysaker (Norway) founded in 1814. It operates as a SaaS (Software-as-a-Service) and Managed Services. Kongsberg Digital has raised $90 million across 3 funding rounds from investors including Shell, European Union and Idékapital. The company has 338 employees as of March 27, 2024. Kongsberg Digital has completed 3 acquisitions, including COACH Solutions, FutureOn and Visavi. Kongsberg Digital offers products and services including Industrial Work Surface, Kognitwin, LedaFlow, and K-Spice. Kongsberg Digital operates in a competitive market with competitors including AspenTech, ServiceMax, Urbint, CSE Global and AVEVA, among others.
- Headquarter Lysaker, Norway
- Employees 338 as on 27 Mar, 2024
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Sectors
TechnologyEnergy & Utilities
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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 Kongsberg Digital
- Date of Incorporation 07 Oct, 2005
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$14.85 M (USD)47.78as on Mar 31, 2023
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Net Profit
$1.1 M (USD)24.46as on Mar 31, 2023
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EBITDA
$2.41 M (USD)78.54as on Mar 31, 2023
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Total Equity Funding
$90 M (USD)
in 3 rounds
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Latest Funding Round
$90 M (USD), Series C
Jun 01, 2023
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Investors
Shell
& 2 more
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Employee Count
338
as on Mar 27, 2024
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Investments & Acquisitions
COACH Solutions
& 2 more
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Products & Services of Kongsberg Digital
Kongsberg Digital offers a comprehensive portfolio of products and services, including Industrial Work Surface, Kognitwin, LedaFlow, and K-Spice.
A platform for industrial data integration and optimization.
Digital twin solution for asset operation insights provided.
Software for process and flow simulation in industries.
Tool for process simulation and optimization in operations.
Funding Insights of Kongsberg Digital
Kongsberg Digital has successfully raised a total of $90M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $90 million completed in June 2023. 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.
Investors in Kongsberg Digital
Kongsberg Digital has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Shell, European Union and Idékapital.
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Venture capital funding is provided to Norwegian tech companies.
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Shell is recognized as a global energy and petrochemical company.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Kongsberg Digital
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Investments & Acquisitions by Kongsberg Digital
Kongsberg Digital has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include COACH Solutions, FutureOn and Visavi.
Investment portfolio details for Kongsberg Digital
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based digital twin software is provided for oilfield asset management.
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Software solutions for oil and gas operations visualization are provided.
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Web-based vessel management platform is offered for maritime operations.
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Complete acquisition details for Kongsberg Digital
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Financial Statements - Kongsberg Digital
Detailed financials for Kongsberg Digital
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Kongsberg Digital Comparisons
Peer comparison for Kongsberg Digital
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Competitors of Kongsberg Digital
Kongsberg Digital 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 AspenTech, ServiceMax, Urbint, CSE Global and AVEVA, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-based software for manufacturing process optimization is offered.
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Cloud-based software is provided for field service and asset management.
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AI-driven urban datasets and analysis tools are offered by Urbint.
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System integration and automation solutions are provided for industrial applications.
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Cloud-based data visualization and dashboard development are facilitated.
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Cloud based business intelligence software
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Detailed competitors of Kongsberg Digital
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Latest news on Kongsberg Digital
Complete news archive for Kongsberg Digital
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Frequently Asked Questions about Kongsberg Digital
Kongsberg Digital was founded in 1814 and raised its 1st funding round 205 years after it was founded.
Kongsberg Digital is headquartered in Lysaker, Norway.
Shane Mcardle is the current CEO of Kongsberg Digital.
Kongsberg Digital is a funded company, having raised a total of $90M across 3 funding rounds to date.
As of Mar 27, 2024, the latest employee count at Kongsberg Digital is 338.
Annual revenue of Kongsberg Digital is $14.85M as on Mar 31, 2023.
Kongsberg Digital is focused on delivering advanced digital solutions for asset-intensive industries such as oil gas, renewables, utilities, and chemicals. The company is recognized for its Industrial Work Surface, a platform integrating data and AI to optimize operations. Solutions are developed for asset management, process simulation, and operational intelligence. Sectors served include energy and maritime, with an emphasis on sustainability and efficiency through digitalization. Partnerships are cultivated to tailor solutions, enhancing performance and safety across industrial landscapes.
Kongsberg Digital's top competitors include AspenTech, Urbint and ServiceMax.
Kongsberg Digital offers Industrial Work Surface, Kognitwin, LedaFlow, and K-Spice.
Kongsberg Digital has made 3 acquisitions, including COACH Solutions, FutureOn, and Visavi.
Kongsberg Digital has 3 investors. Key investors include Shell, European Union, and Idékapital.