NEXT Biometrics

Oslo, Norway Founded: 2000 • Age: 26 yrs
Fingerprint-based biometric solutions are provided for authentication systems.
Annual revenue $6.3M Latest available
Total funding $15.8M 9 rounds
Employees 24 Tracked headcount
Investors - Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About NEXT Biometrics

NEXT Biometrics is a company based in Oslo (Norway) founded in 2000. NEXT Biometrics has raised $15.8 million across 9 funding rounds. The company has 24 employees as of December 31, 2024. NEXT Biometrics offers products and services including Fingerprint Sensors, Fingerprint Readers, Touchpads, Face Recognition, and Development Kits. NEXT Biometrics operates in a competitive market with competitors including Megvii, Unico, Chooch, Evrotrust and BioCatch, among others.

  • Headquarter Oslo, Norway
  • Employees 24 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Phone
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  • Website
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  • Legal Name Next Biometrics Group Asa
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.3 M (USD)
    108.17
    as on Dec 31, 2024
  • Net Profit
    -$3.98 M (USD)
    31.18
    as on Dec 31, 2024
  • EBITDA
    -$3.75 M (USD)
    29.09
    as on Dec 31, 2024
  • Total Equity Funding
    $15.8 M (USD)

    in 9 rounds

  • Latest Funding Round
    $5.5 M (USD), Post-IPO

    Nov 03, 2023

  • Investors
    Not available
  • Employee Count
    24

    as on Dec 31, 2024

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IPO & Listings of NEXT Biometrics

NEXT Biometrics is a publicly listed company on the OSL with ticker symbol NEXT in Norway, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: NEXT · Sector: Electronic technology · Norway

Products & Services of NEXT Biometrics

NEXT Biometrics offers a comprehensive portfolio of products and services, including Fingerprint Sensors, Fingerprint Readers, Touchpads, Face Recognition, and Development Kits.

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Primary

Devices for high-security fingerprint authentication in various applications.

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Tools for reading fingerprints with enhanced anti-spoofing features.

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Integrated touchpads for secure biometric access on devices.

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Technology for facial authentication in security systems.

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Kits for developers to integrate fingerprint technology.

People of NEXT Biometrics

Headcount 10-50
Employee Profiles 3
Board Members and Advisors 4
Employee Profiles
People
Ulf Ritsvall
SVP, Sales & Marketing
People
Eirik Underthun
CFO
People
Peter Heuman
CEO

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Board Members and Advisors
people
Petter Fjellstad
Chairman
people
Emine Lundkvist
Board Member
people
Live Haukvik
Board Member
people
Odd Harald Hauge
Board Member

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Funding Insights of NEXT Biometrics

NEXT Biometrics has successfully raised a total of $15.8M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5.5 million completed in November 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.

Investments & Acquisitions by NEXT Biometrics

Investments
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Investment portfolio details for NEXT Biometrics

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Financial Statements - NEXT Biometrics

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Detailed financials for NEXT Biometrics

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Next Biometrics Comparisons

NEXT Biometrics Primary company
Description
Fingerprint-based biometric solutions are provided for authe...
Location
Oslo, Norway
Founded Year
2000
Annual Revenue
$6.3 M (USD)
Net Profit
-$3.98 M (USD)
EBITDA
-$3.75 M (USD)
Employees
24
As of 2024
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Peer comparison for NEXT Biometrics

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Competitors of NEXT Biometrics

NEXT Biometrics 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 Megvii, Unico, Chooch, Evrotrust and BioCatch, among others.

Company Name Domain Founded year HQ Location Description
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Facial recognition and AI video analysis solutions are provided.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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Generative computer vision solutions are offered for video stream analysis.
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AI-based identity verification and electronic signing are provided for businesses.
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Provider of behavioral biometrics cybersecurity solutions
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AI-powered video analytics systems are provided for security and operations.
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Detailed competitors of NEXT Biometrics

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Latest news on Next Biometrics

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Complete news archive for NEXT Biometrics

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Frequently Asked Questions about NEXT Biometrics

NEXT Biometrics was founded in 2000 and raised its 1st funding round 13 years after it was founded.

NEXT Biometrics is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

NEXT Biometrics is a funded company, having raised a total of $15.8M across 9 funding rounds to date.

As of Dec 31, 2024, the latest employee count at NEXT Biometrics is 24.

Annual revenue of NEXT Biometrics is $6.3M as on Dec 31, 2024.

NEXT Biometrics was founded in 2000 and is headquartered in Oslo, Norway. Operations focus on the biometrics sector, where active thermal sensing technology is developed for fingerprint authentication. Sensor modules, readers, Aadhaar-compatible products, and software kits are offered for applications in smart cards, government IDs, access control, and notebooks. These solutions support secure verification across multiple markets.

NEXT Biometrics's top competitors include Megvii, Evrotrust and Chooch.

NEXT Biometrics offers Fingerprint Sensors, Fingerprint Readers, Touchpads, Face Recognition, and Development Kits.

Yes, NEXT Biometrics is publicly traded on OSL under the ticker symbol NEXT.

The ticker symbol of NEXT Biometrics is NEXT on OSL.

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