About Paragon ID
Paragon ID is a company based in Kingston Upon Hull (United Kingdom) founded in 1997. The company has 8,967 employees as of January 31, 2021. Paragon ID has completed 4 acquisitions, including AmaTech, Security Label and Thames Technology. Paragon ID offers products and services including Ticketing Platform, Mobile Ticketing, RAIN RFID Inlays, Payment Cards, and ePassport Inlays. Paragon ID operates in a competitive market with competitors including Salto Systems, Kisi, Dormakaba, Paxton Access and Elatec RFID, among others.
- Headquarter Kingston Upon Hull, United Kingdom
- Employees 8967 as on 31 Jan, 2021
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Sectors
Industrial Goods & Manufacturing
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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 Paragon Group Limited
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Annual Revenue
$1.94 B (USD)20as on Jun 30, 2022
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Net Profit
-$41.34 M (USD)-30as on Jun 30, 2022
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EBITDA
$36.16 M (USD)-6as on Jun 30, 2022
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Latest Funding Round
$328.11 K (USD), Grant
Nov 24, 2023
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Investors
Centre-Val de Loire
& 1 more
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Employee Count
8967
as on Jan 31, 2021
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Investments & Acquisitions
AmaTech
& 3 more
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Products & Services of Paragon ID
Paragon ID offers a comprehensive portfolio of products and services, including Ticketing Platform, Mobile Ticketing, RAIN RFID Inlays, Payment Cards, and ePassport Inlays.
Account-based platform for public transport ticketing and payments
App for mobile ticketing in over 100 cities worldwide
RFID inlays for asset and brand protection applications
Secure cards for retail and financial transactions
Contactless inlays for biometric passports and ID cards
Real-time system for tracking assets and inventory
People of Paragon ID
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Funding Insights of Paragon ID
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $328,107
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First Round
First Round
(18 May 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Grant - Paragon ID | Valuation |
investors |
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| May, 2021 | Amount | Grant - Paragon ID | Valuation |
investors |
Investors in Paragon ID
Paragon ID has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Centre-Val de Loire and Ministry of Economy, Finance and Industrial and Digital Sovereignty.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Regional government agency that provides a platform for citizens to access various public services, information, and resources related to employment, training, education, and community development
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
Investments & Acquisitions by Paragon ID
Paragon ID has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AmaTech, Security Label and Thames Technology.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Real-time locating systems for business tracking and automation are provided.
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2015 | ||||
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Automated production of contactless smart cards and financial payment cards
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2007 | ||||
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Payment cards are manufactured, personalized, and distributed globally.
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1994 |
Financial Statements - Paragon ID
Paragon Id Comparisons
Competitors of Paragon ID
Paragon 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 Salto Systems, Kisi, Dormakaba, Paxton Access and Elatec RFID, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electronic access control systems are manufactured for scalable lock management.
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| domain | founded_year | HQ Location |
Keyless access management platform is developed for enterprises.
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| domain | founded_year | HQ Location |
Access control solutions for personnel, vehicles, and buildings are provided.
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| domain | founded_year | HQ Location |
Paxton designs and manufactures access control systems for various buildings.
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| domain | founded_year | HQ Location |
Manufacturer of RFID-based access control solution
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Latest news on Paragon Id
Frequently Asked Questions about Paragon ID
Paragon ID was founded in 1997 and raised its 1st funding round 24 years after it was founded.
Paragon ID is headquartered in Kingston Upon Hull, United Kingdom. It is registered at Kingston Upon Hull, England, United Kingdom.
As of Jan 31, 2021, the latest employee count at Paragon ID is 8,967.
Annual revenue of Paragon ID is $1.94B as on Jun 30, 2022.
Founded in 1997, Paragon ID operates as a provider of access control solutions utilizing RFID and NFC technologies. Smart cards, tickets, labels, and tags are developed and supplied for applications in transport, logistics, manufacturing, retail, aviation, and gaming sectors. Operations focus on delivering secure identification and tracking systems across these industries, with products integrated into various workflows for efficiency and compliance.
Paragon ID's top competitors include Salto Systems, Kisi and Dormakaba.
Paragon ID offers Ticketing Platform, Mobile Ticketing, RAIN RFID Inlays, Payment Cards, and 2 more products and services.
Paragon ID has made 4 acquisitions, including AmaTech, Security Label, and Thames Technology.
Paragon ID has 2 investors. Key investors include Centre-Val de Loire, and Ministry of Economy, Finance and Industrial and Digital Sovereignty.