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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$2.3 M (USD)-73as on Dec 31, 2020
-
Net Profit
$-694.59 K (USD)-280as on Dec 31, 2020
-
EBITDA
$-691.99 K (USD)-244as on Dec 31, 2020
-
Total Equity Funding
$6 M (USD)
in 2 rounds
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Amphenol
(Jan 26, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
-
First Round
First Round
(03 Nov 2005)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2007 | Amount | Series A - Phitek Systems | Valuation |
investors |
|
| Nov, 2005 | Amount | Series A - Phitek Systems | Valuation |
investors |
|
| 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 Phitek Systems
Phitek Systems has secured backing from 1 investor. Prominent investors backing the company include Amphenol. 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 |
|---|---|---|---|---|
|
Electrical and electronic components are manufactured and supplied globally.
|
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 Phitek Systems
| 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 - Phitek Systems
| 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 |
Phitek Systems Comparisons
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. 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 |
Noise reduction software is provided via speech recognition technology.
|
|
| domain | founded_year | HQ Location |
Noise reduction products and solutions are provided for multiple industries.
|
|
| domain | founded_year | HQ Location |
AI-based background noise cancellation is provided for communication apps.
|
|
| domain | founded_year | HQ Location |
Audio enhancement technology for video and telephone conferences is provided.
|
|
| domain | founded_year | HQ Location |
Digital active noise cancellation solutions are provided for audio devices.
|
|
| domain | founded_year | HQ Location |
Noise reduction and audio recording technology for UAVs 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.
|
Frequently Asked Questions about Phitek Systems
When was Phitek Systems founded?
Phitek Systems was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Where is Phitek Systems located?
Phitek Systems is headquartered in Auckland, New Zealand.
Is Phitek Systems a funded company?
Phitek Systems is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Nov 03, 2005.
What is the annual revenue of Phitek Systems?
Annual revenue of Phitek Systems is $2.3M as on Dec 31, 2020.
What does Phitek Systems do?
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.
Who are the top competitors of Phitek Systems?
Phitek Systems's top competitors include Krisp Technologies, kardome and Silentium.
Who are Phitek Systems's investors?
Phitek Systems has 1 investor. Key investors include Amphenol.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.