About Peltarion
Peltarion is a company based in Stockholm (Sweden) founded in 2004 was acquired by King in June 2022.. Peltarion has raised $36.57 million across 3 funding rounds from investors including King, EQT Ventures and FAM AB. Peltarion operates in a competitive market with competitors including LangChain, Appen, InstaDeep, Determined AI and Exafunction, among others.
- Headquarter Stockholm, Sweden
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of Peltarion
Peltarion has successfully raised a total of $36.57M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in December 2018. 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 3
- Last Round Series A — $20.0M
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First Round
First Round
(25 Oct 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2018 | Amount | Series A - Peltarion | Valuation | Euclidean Capital | |
| May, 2018 | Amount | Series A - Peltarion | Valuation | EQT Ventures , FAM |
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| Oct, 2016 | Amount | Series A - Peltarion | Valuation | EQT Ventures |
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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 Peltarion
Peltarion has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include King, EQT Ventures and FAM AB. 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 investments in technology and innovation sectors.
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Limited information is provided about FAM AB's operations.
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Multiple sectors are invested in by this single-family office.
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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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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 Peltarion
| 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 - Peltarion
| 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 |
Peltarion Comparisons
Competitors of Peltarion
Peltarion 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 LangChain, Appen, InstaDeep, Determined AI and Exafunction, 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 |
Developer of tools for building, testing, and deploying AI agent applications
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| domain | founded_year | HQ Location |
Human-annotated datasets for AI training are provided.
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| domain | founded_year | HQ Location |
AI and cloud-based automation solutions are provided for organizational optimization.
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| domain | founded_year | HQ Location |
Software for training, deployment and managing of machine learning models
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| domain | founded_year | HQ Location |
A low-code platform for deep learning applications is provided.
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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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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 Peltarion
Frequently Asked Questions about Peltarion
When was Peltarion founded?
Peltarion was founded in 2004 and raised its 1st funding round 12 years after it was founded.
Where is Peltarion located?
Peltarion is headquartered in Stockholm, Sweden.
Is Peltarion a funded company?
Peltarion is a funded company, having raised a total of $36.57M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.45M, raised on Oct 25, 2016.
What does Peltarion do?
Peltario provides Peltarion Platform which is a cloud-based operational AI platform that allows users to build, train and deploy their own deep learning models in a visual development environment, even if theyre not an AI superstar. It is powerful and easy to use deep learning platform. The community edition of the Peltarion Platform allows everyone to get started for free and gives access to a generous starting package, with 50 free GPU hours. While the Enterprise package bundles access to the Platform with a wide range of AI services delivered by the team of AI experts at Peltarion.
Who are the top competitors of Peltarion?
Who are Peltarion's investors?
Peltarion has 4 investors. Key investors include King, EQT Ventures, FAM AB, and Euclidean Capital.