About Pelagicore
Pelagicore is a company based in Goteborg (Sweden) founded in 2009 was acquired by Luxoft in September 2016.. Pelagicore has raised $3.09 million across 1 funding round from investors including Luxoft and Saminvest. Pelagicore offers products and services including QPython 3L, Online Compiler, Code Master, Awesome Android – UI Libraries, and Apk Editor Pro. Pelagicore operates in a competitive market with competitors including Gracenote, Xevo, RealVNC, Jungo and Abalta Tech, among others.
- Headquarter Goteborg, Sweden
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Sectors
Transportation, Automotive & LogisticsTechnology
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Phone
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Website
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Social
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Products & Services of Pelagicore
Pelagicore offers a comprehensive portfolio of products and services, including QPython 3L, Online Compiler, Code Master, Awesome Android – UI Libraries, and Apk Editor Pro. 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.
Python engine for Android to automate tasks and run scripts.
Mobile app for coding on weak devices without a laptop.
Android tool for programming and script experimentation.
Collection of interface elements for Android developers.
Tool for customizing Android app permissions and layouts.
Platform for betting services on Android devices.
Funding Insights of Pelagicore
Pelagicore has successfully raised a total of $3.09M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.09 million completed in September 2011. 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 1
- Last Round Series A — $3.1M
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First Round
First Round
(07 Sep 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Series A - Pelagicore | 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 Pelagicore
Pelagicore has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Luxoft and Saminvest. 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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A state-owned venture capital company focused on sustainable investments.
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Founded Year | Domain | Location | |
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Software development and IT solutions are provided to global corporations.
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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 Pelagicore
| 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 |
Financial Statements - Pelagicore
| 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 |
Pelagicore Comparisons
Competitors of Pelagicore
Pelagicore 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 Gracenote, Xevo, RealVNC, Jungo and Abalta Tech, 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 |
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| domain | founded_year | HQ Location |
Digital media recognition solutions are provided for content management.
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Connected device software solutions are delivered for consumer markets.
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| domain | founded_year | HQ Location |
Remote access software is provided for connected devices worldwide.
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Multimedia connectivity solutions for in-vehicle infotainment are provided.
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Software solutions for smartphone-car connectivity and mapping are provided.
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| domain | founded_year | HQ Location |
Multimedia software solutions for connected vehicles are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Pelagicore
When was Pelagicore founded?
Pelagicore was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Pelagicore located?
Pelagicore is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Is Pelagicore a funded company?
Pelagicore is a funded company, having raised a total of $3.09M across 1 funding round to date. The company's 1st funding round was a Series A of $3.09M, raised on Sep 07, 2011.
What does Pelagicore do?
Pelagicore was founded in 2009 in Gothenburg, Sweden, as a technology firm specializing in open source software for the automotive sector. Software platforms are developed to support infotainment systems, improving vehicle user interfaces. Partnerships have been established with entities such as Volvo, Nvidia, and Mercedes-Benz. The company was acquired by Luxoft in 2016, continuing operations in software integration for automobiles.
Who are the top competitors of Pelagicore?
What products or services does Pelagicore offer?
Pelagicore offers QPython 3L, Online Compiler, Code Master, Awesome Android – UI Libraries, and 2 more products and services.