About PlaxidityX
PlaxidityX is a company based in Ramat Gan (Israel) founded in 2014.. PlaxidityX has raised $30 million across 5 funding rounds from investors including Magna International, Allianz and European Union. PlaxidityX operates in a competitive market with competitors including RemotiveLabs, Rajd SysTech, Raiqon, iASYS and Driverly, among others.
- Headquarter Ramat Gan, Israel
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 5 rounds
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Latest Funding Round
$701.22 K (USD), Grant
May 01, 2019
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Investors
Magna International
& 7 more
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Employee Count
Employee Count
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Funding Insights of PlaxidityX
PlaxidityX has successfully raised a total of $30M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $701.22 thousand completed in May 2019. 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 5
- Last Round Grant — $701,221
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First Round
First Round
(23 Sep 2014)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Grant - PlaxidityX | Valuation |
investors |
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| Apr, 2017 | Amount | Grant - PlaxidityX | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - PlaxidityX | 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 PlaxidityX
PlaxidityX has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Magna International, Allianz and European Union. 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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Early-stage Israeli startups are invested in by Magma Venture Partners.
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Founded Year | Domain | Location | |
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Tech focused early stage VC firm investing in Israel
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Founded Year | Domain | Location | |
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Venture capital funds are managed to support unlisted companies' growth.
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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 PlaxidityX
| 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 - PlaxidityX
| 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 |
Plaxidityx Comparisons
Competitors of PlaxidityX
PlaxidityX 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 RemotiveLabs, Rajd SysTech, Raiqon, iASYS and Driverly, 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 |
Provider of software development tools for automotive engineering and testing
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| domain | founded_year | HQ Location |
Proving ground management systems are developed for vehicle testing.
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| domain | founded_year | HQ Location |
AI platform automates automotive R&D processes like requirements and testing.
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| domain | founded_year | HQ Location |
Testing and data management platforms are provided for automotive dealers.
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| domain | founded_year | HQ Location |
Driving habits are monitored via AI-powered insurance app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Plaxidityx
Frequently Asked Questions about PlaxidityX
When was PlaxidityX founded?
PlaxidityX was founded in 2014.
Where is PlaxidityX located?
PlaxidityX is headquartered in Ramat Gan, Israel. It is registered at Ramat Gan, Tel Aviv District, Israel.
Is PlaxidityX a funded company?
PlaxidityX is a funded company, having raised a total of $30M across 5 funding rounds to date. The company's 1st funding round was a Grant of $85.23K, raised on Sep 23, 2014.
What does PlaxidityX do?
PlaxidityX was founded in 2014 in Ramat Gan, Israel, within the automotive sector. Cyber security solutions are delivered through a platform that includes various products and services. These are designed for vehicle manufacturers and suppliers to address threats to fleets. Operations focus on enhancing protection against cyber risks in connected vehicles, with services tailored to industry needs across global markets.
Who are the top competitors of PlaxidityX?
PlaxidityX's top competitors include Driverly, RemotiveLabs and iASYS.
Who are PlaxidityX's investors?
PlaxidityX has 8 investors. Key investors include Magna International, Allianz, European Union, Magma Venture Partners, and Vertex Ventures Israel.