About PreAct Tech
PreAct Tech is a company based in Portland (United States) founded in 2018 by Kurt Brendley and Keith Brendley.. PreAct Tech has raised $51.33 million across 10 funding rounds from investors including State Farm, I Squared Capital and Sony Innovation Fund. PreAct Tech has completed 1 acquisition, including Exipple. PreAct Tech operates in a competitive market with competitors including Terranet, Discoperi, Splitsecnd, Yi Truck Network and Dexin Intelligent Technology, among others.
- Headquarter Portland, United States
- Founders Kurt Brendley, Keith Brendley
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Sectors
Transportation, Automotive & Logistics
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Email
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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
$51.33 M (USD)
in 10 rounds
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Latest Funding Round
$20 M (USD), Series B
Apr 25, 2023
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Investors
State Farm
& 9 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of PreAct Tech
PreAct Tech has successfully raised a total of $51.33M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in April 2023. 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 10
- Last Round Series B — $20.0M
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First Round
First Round
(29 Apr 2019)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series B - PreAct Tech | Valuation |
investors |
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| Jan, 2023 | Amount | Series B - PreAct Tech | Valuation | I Squared Capital | |
| Nov, 2021 | Amount | Series A - PreAct Tech | Valuation | State Farm |
| 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 PreAct Tech
PreAct Tech has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include State Farm, I Squared Capital and Sony Innovation Fund. 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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AR/VR and biophotonics accelerator program is operated in Rochester.
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Founded Year | Domain | Location | |
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Venture capital is provided to early-stage technology startups.
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Founded Year | Domain | Location | |
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Venture capital fund focused on early-stage untapped founders
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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 PreAct Tech
PreAct Tech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Exipple. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Gesture recognition and motion tracking SDK is offered for integration.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PreAct Tech
| 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 |
Preact Tech Comparisons
Competitors of PreAct Tech
PreAct Tech 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 Terranet, Discoperi, Splitsecnd, Yi Truck Network and Dexin Intelligent Technology, 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 AI-based tech solutions for advanced driver assistance and self-driving vehicles
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| domain | founded_year | HQ Location |
AI and blockchain are applied in accident prevention solutions.
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| domain | founded_year | HQ Location |
Offers a tech-enabled solution for crash detection in vehicles.
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| domain | founded_year | HQ Location |
AI-enabled crash detection solutions for trucks are provided.
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| domain | founded_year | HQ Location |
Multi-category sensors and radars for collision avoidance are developed.
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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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| 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 Preact Tech
Frequently Asked Questions about PreAct Tech
When was PreAct Tech founded?
PreAct Tech was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is PreAct Tech located?
PreAct Tech is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Is PreAct Tech a funded company?
PreAct Tech is a funded company, having raised a total of $51.33M across 10 funding rounds to date. The company's 1st funding round was a Series A of $13M, raised on Apr 29, 2019.
What does PreAct Tech do?
PreAct Tech was founded in 2018 in Portland, United States, focusing on automotive safety technology. Near-field sensors are utilized by the company to detect and predict crashes in vehicles. Upon detection, occupant safety is enhanced through automated measures such as pre-crash airbag deployment and seat belt tightening. Operations center on developing these systems for integration into automotive applications, serving the collision avoidance sector.
Who are the top competitors of PreAct Tech?
PreAct Tech's top competitors include Terranet, Discoperi and Yi Truck Network.
How many acquisitions has PreAct Tech made?
PreAct Tech has made 1 acquisition, including Exipple.
Who are PreAct Tech's investors?
PreAct Tech has 10 investors. Key investors include State Farm, I Squared Capital, Sony Innovation Fund, Luminate, and Traylor Capital.