Peltarion

Stockholm, Sweden Founded: 2004 • Age: 22 yrs Acquired By King
Neural networks are deployed via a cloud-based AI platform.

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
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $36.57 M (USD)

    in 3 rounds

  • Latest Funding Round
    $20 M (USD), Series A

    Dec 31, 2018

  • Investors
    King

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    King

    (Jun 13, 2022)

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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 Rounds 3
  • Last Round Series A — $20.0M
  • First Round

    (25 Oct 2016)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Series A - Peltarion Valuation Euclidean Capital
May, 2018 Amount Series A - Peltarion Valuation EQT Ventures , FAM
Oct, 2016 Amount Series A - Peltarion Valuation EQT Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in technology and innovation sectors.
Founded Year Domain Location
Limited information is provided about FAM AB's operations.
Founded Year Domain Location
Multiple sectors are invested in by this single-family office.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Peltarion

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Peltarion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Peltarion Comparisons

Employees
+
Add Comparison
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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
domain founded_year HQ Location
Human-annotated datasets for AI training are provided.
domain founded_year HQ Location
AI and cloud-based automation solutions are provided for organizational optimization.
domain founded_year HQ Location
Software for training, deployment and managing of machine learning models
domain founded_year HQ Location
A low-code platform for deep learning applications is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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?

Peltarion's top competitors include LangChain, Appen and InstaDeep.

Who are Peltarion's investors?

Peltarion has 4 investors. Key investors include King, EQT Ventures, FAM AB, and Euclidean Capital.

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