About Paragon ID
Paragon ID is a company 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.
- 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
*********
- 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. 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.
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
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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 |
| 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 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. 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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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 |
| 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 Paragon ID
Paragon ID has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AmaTech, Security Label and Thames Technology. 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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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 |
| 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 - Paragon ID
| 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 |
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. 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 |
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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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Paragon Id
Frequently Asked Questions about Paragon ID
When was Paragon ID founded?
Paragon ID was founded in 1997 and raised its 1st funding round 24 years after it was founded.
How many employees does Paragon ID have?
As of Jan 31, 2021, the latest employee count at Paragon ID is 8,967.
What is the annual revenue of Paragon ID?
Annual revenue of Paragon ID is $1.94B as on Jun 30, 2022.
What does Paragon ID do?
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.
Who are the top competitors of Paragon ID?
Paragon ID's top competitors include Salto Systems, Kisi and Dormakaba.
What products or services does Paragon ID offer?
Paragon ID offers Ticketing Platform, Mobile Ticketing, RAIN RFID Inlays, Payment Cards, and 2 more products and services.
How many acquisitions has Paragon ID made?
Paragon ID has made 4 acquisitions, including AmaTech, Security Label, and Thames Technology.
Who are Paragon ID's investors?
Paragon ID has 2 investors. Key investors include Centre-Val de Loire, and Ministry of Economy, Finance and Industrial and Digital Sovereignty.