Phitek Systems

Auckland, New Zealand Founded: 2003 • Age: 23 yrs Acquired By Amphenol
Develops electronic noise cancellation systems and power delivery systems for aircraft seats
Annual revenue $2.3M Latest available
Total funding $6.0M 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Phitek Systems

Phitek Systems is a company based in Auckland (New Zealand) founded in 2003 was acquired by Amphenol in January 2017. Phitek Systems has raised $6 million across 2 funding rounds from investors including Amphenol. Phitek Systems operates in a competitive market with competitors including kardome, Silentium, Krisp Technologies, Limes Audio and AVAtronics, among others.

  • Headquarter Auckland, New Zealand
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.3 M (USD)
    -73
    as on Dec 31, 2020
  • Net Profit
    -$694.59 K (USD)
    -280
    as on Dec 31, 2020
  • EBITDA
    -$691.99 K (USD)
    -244
    as on Dec 31, 2020
  • Total Equity Funding
    $6 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Amphenol

    (Jan 26, 2017)

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Funding Insights of Phitek Systems

Phitek Systems has successfully raised a total of $6M across 2 strategic funding rounds. 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.

Investors in Phitek Systems

Phitek Systems has secured backing from 1 investor. Prominent investors backing the company include Amphenol.

All
Investor Description Founded Year Domain Location
Electrical and electronic components are manufactured and supplied globally.
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Investor details for Phitek Systems

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Investments & Acquisitions by Phitek Systems

Investments
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Investment portfolio details for Phitek Systems

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Financial Statements - Phitek Systems

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Detailed financials for Phitek Systems

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Phitek Systems Comparisons

Phitek Systems Primary company
Description
Develops electronic noise cancellation systems and power del...
Location
Auckland, New Zealand
Founded Year
2003
Annual Revenue
$2.3 M (USD)
Net Profit
-$694.59 K (USD)
EBITDA
-$691.99 K (USD)
Employees
Not available
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Peer comparison for Phitek Systems

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Competitors of Phitek Systems

Phitek Systems 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 kardome, Silentium, Krisp Technologies, Limes Audio and AVAtronics, among others.

Company Name Domain Founded year HQ Location Description
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Noise reduction software is provided via speech recognition technology.
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Noise reduction products and solutions are provided for multiple industries.
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AI-based background noise cancellation is provided for communication apps.
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Audio enhancement technology for video and telephone conferences is provided.
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Digital active noise cancellation solutions are provided for audio devices.
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Noise reduction and audio recording technology for UAVs is provided.
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Detailed competitors of Phitek Systems

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Latest news on Phitek Systems

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Frequently Asked Questions about Phitek Systems

Phitek Systems was founded in 2003 and raised its 1st funding round 2 years after it was founded.

Phitek Systems is headquartered in Auckland, New Zealand.

Phitek Systems is a funded company, having raised a total of $6M across 2 funding rounds to date.

Annual revenue of Phitek Systems is $2.3M as on Dec 31, 2020.

Phitek Systems was founded in 2003 in Auckland, New Zealand, within the aviation electronics sector. Electronic systems for aircraft passengers are developed, encompassing noise cancellation headphones, audio enhancement technologies, and connectors for power delivery to seats. Products are divided into connector, charging, and headphone lines. Markets served include aircraft manufacturers, airlines, and individual travelers. Operations focus on integration for in-flight comfort and connectivity.

Phitek Systems's top competitors include Krisp Technologies, kardome and Silentium.

Phitek Systems has 1 investor. Key investors include Amphenol.

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