About Norkom
Norkom is a company based in Dublin (Ireland) founded in 1998 was acquired by BAE Systems in January 2011.. Norkom has raised $16.71 million across 6 funding rounds from investors including BAE Systems, Enterprise Ireland and Trinity Ventures. Norkom has completed 1 acquisition, including Digital Harbor. Norkom operates in a competitive market with competitors including Signifyd, Onfido, ThreatMetrix, Riskified and Alloy, among others.
- Headquarter Dublin, Ireland
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Sectors
Industrial Goods & ManufacturingTechnology Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.71 M (USD)
in 6 rounds
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Latest Funding Round
$5.85 M (USD), Grant
Dec 03, 2007
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Investors
BAE Systems
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
BAE Systems
(Jan 14, 2011)
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Funding Insights of Norkom
Norkom has successfully raised a total of $16.71M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $5.85 million completed in December 2007. 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 6
- Last Round Grant — $5.9M
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First Round
First Round
(26 Aug 1999)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2007 | Amount | Grant - Norkom | Valuation |
investors |
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| Dec, 2002 | Amount | Unspecified - Norkom | Valuation | Trinity Ventures |
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| Jul, 2001 | Amount | Unspecified - Norkom | Valuation |
investors |
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| 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 Norkom
Norkom has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include BAE Systems, Enterprise Ireland and Trinity Ventures. 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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Venture capital firm investing in early-stage technology and real estate companies.
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Founded Year | Domain | Location | |
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Support is provided to Irish manufacturing and service sector businesses.
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Founded Year | Domain | Location | |
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Aerospace and submarine security systems are manufactured by BAE Systems.
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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 Norkom
Norkom has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Digital Harbor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Compliance and risk management solutions are provided for fraud prevention.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Norkom
| 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 |
Norkom Comparisons
Competitors of Norkom
Norkom 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 Signifyd, Onfido, ThreatMetrix, Riskified and Alloy, 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 fraud prevention and payment validation for online retailers
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Fraud prevention and context based authentication solution
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Norkom
When was Norkom founded?
Norkom was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Where is Norkom located?
Norkom is headquartered in Dublin, Ireland.
Who is the current CEO of Norkom?
Jerry DeMuro is the current CEO of Norkom.
Is Norkom a funded company?
Norkom is a funded company, having raised a total of $16.71M across 6 funding rounds to date. The company's 1st funding round was a Unspecified of $2.55M, raised on Aug 26, 1999.
What does Norkom do?
Norkom was founded in 1998 in Dublin, Ireland, focusing on the financial services sector. Anti-fraud and anti-money laundering software were developed to address compliance risks and financial losses. A proprietary investigative technology platform was utilized, incorporating domain expertise for risk identification. The company was acquired by BAE Systems in January 2011 and subsequently merged into its subsidiary Detica, forming BAE Systems Applied Intelligence.
Who are the top competitors of Norkom?
How many acquisitions has Norkom made?
Norkom has made 1 acquisition, including Digital Harbor.
Who are Norkom's investors?
Norkom has 3 investors. Key investors include BAE Systems, Enterprise Ireland, and Trinity Ventures.