Nordic ID

Salo, Finland Founded: 1986 • Age: 40 yrs Acquired By BRADY
RAIN RFID tracking and tracing solutions are supplied to enterprises.
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About Nordic ID

Nordic ID is a company based in Salo (Finland) founded in 1986 was acquired by BRADY in April 2021.. Nordic ID offers products and services including RFID Handheld Readers, RFID Fixed Readers, and RFID Antennas. Nordic ID operates in a competitive market with competitors including QuantalRF, Elatec RFID, Myruns, Checkpoint Systems and Matrics, among others.

  • Headquarter Salo, Finland
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Effetec S.R.O.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    BRADY

    (Apr 15, 2021)

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Products & Services of Nordic ID

Nordic ID offers a comprehensive portfolio of products and services, including RFID Handheld Readers, RFID Fixed Readers, and RFID Antennas. 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.

Primary

Devices for mobile tracking of assets and inventory in real-time.

Stationary systems for monitoring items in warehouses and facilities.

Components that enhance signal range for tracking applications.

People of Nordic ID
Headcount 50-200
Employee Profiles 14
Employee Profiles
People
Roman Livshits
Lead Engineer Testing
People
Norma Elizabeth M.
Senior Data Scientist
People
Tero Penttilä
Head Of Sourcing & Operations | Outsourced Production, Operational Excellence, Business Development
People
Toni Heijari
Head Of Devices R&d

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Funding Insights of Nordic ID

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nordic ID

Nordic ID has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Brady ID. 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.

All
Institutional
Investor Description Founded Year Domain Location
Provider of safety and identification products
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nordic ID

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nordic ID

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nordic Id Comparisons

Employees
+
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Competitors of Nordic ID

Nordic ID 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 QuantalRF, Elatec RFID, Myruns, Checkpoint Systems and Matrics, 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
Provider of IoT based RF receiver architectures
domain founded_year HQ Location
Manufacturer of RFID-based access control solution
domain founded_year HQ Location
RFID tags and readers are provided for wireless data transmission.
domain founded_year HQ Location
Cloud-based RFID solutions are provided for offline retail operations.
domain founded_year HQ Location
RFID technology is supplied for supply chain, assets, and security.
domain founded_year HQ Location
Developer of RFID tags, readers and software platforms for developing asset tracking applications
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nordic Id

Frequently Asked Questions about Nordic ID

When was Nordic ID founded?

Nordic ID was founded in 1986.

Where is Nordic ID located?

Nordic ID is headquartered in Salo, Finland.

What does Nordic ID do?

Founded in 1986 and based in Salo, Finland, Nordic ID operates in the RFID technology sector. Hardware such as handheld readers, antennas, and reader modules is offered, along with enhancements and a cloud-based platform for real-time item tracking, inventory counts, and flow monitoring. Solutions target retail and manufacturing industries, serving clients including Hermès Key, Rondo Rent, Patrick Roger, and Austrian Airlines.

Who are the top competitors of Nordic ID?

Nordic ID's top competitors include QuantalRF, Checkpoint Systems and Matrics.

What products or services does Nordic ID offer?

Nordic ID offers RFID Handheld Readers, RFID Fixed Readers, and RFID Antennas.

Who are Nordic ID's investors?

Nordic ID has 1 investor. Key investors include Brady ID.

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