ProSyst

Koln, Germany Founded: 1997 • Age: 29 yrs Acquired By Bosch Software Innovations
IoT middleware software is developed using OSGi and Java technologies.
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About ProSyst

ProSyst is a company based in Koln (Germany) founded in 1997 was acquired by Bosch Software Innovations in February 2015.. ProSyst has raised $4.42 million across 3 funding rounds from investors including European Union, Invision and Berlin Capital Fund. ProSyst operates in a competitive market with competitors including Valens, Ethernovia, HiveMQ, Real-Time Innovations and Hughes Telematics, among others.

  • Headquarter Koln, Germany
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.42 M (USD)

    in 3 rounds

  • Latest Funding Round
    $303.15 K (USD), Grant

    Jan 03, 2016

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
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People of ProSyst
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Jordan Simeonov
Technical Manager

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Funding Insights of ProSyst

ProSyst has successfully raised a total of $4.42M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $303.15 thousand completed in January 2016. 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 Grant — $303,150
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2016 Amount Grant - ProSyst Valuation

investors

Jan, 2002 Amount Series C - ProSyst Valuation

investors

Feb, 2000 Amount Series B - ProSyst 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 ProSyst

ProSyst has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Invision and Berlin Capital 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Invision is engaged in providing investment and succession solutions for mid-sized companies.
Founded Year Domain Location
-
Founded Year Domain Location
VM Capital is engaged in managing family wealth through investments.
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 ProSyst

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 - ProSyst

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

Prosyst Comparisons

Employees
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Competitors of ProSyst

ProSyst 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 Valens, Ethernovia, HiveMQ, Real-Time Innovations and Hughes Telematics, 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 communication ICs for HD connectivity
domain founded_year HQ Location
In-vehicle network middleware solutions are provided to OEMs.
domain founded_year HQ Location
MQTT-based platform for bi-directional IoT data flow is provided.
domain founded_year HQ Location
IoT connectivity platform for real-time device communication is provided.
domain founded_year HQ Location
Suite of information-based and wireless services for vehicles is developed.
domain founded_year HQ Location
Cloud-enabled middleware solutions for automotive networks are 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 Prosyst

Frequently Asked Questions about ProSyst

When was ProSyst founded?

ProSyst was founded in 1997 and raised its 1st funding round 3 years after it was founded.

Where is ProSyst located?

ProSyst is headquartered in Koln, Germany. It is registered at Koln, North Rhine-westphalia, Germany.

Is ProSyst a funded company?

ProSyst is a funded company, having raised a total of $4.42M across 3 funding rounds to date.

What does ProSyst do?

ProSyst was founded in 1997 in Cologne, Germany, as a software vendor specializing in middleware for the Internet of Things. Expertise is rooted in Java, OSGi, and embedded systems, with over 130 specialists contributing to OSGi specifications. Operations focus on providing IoT solutions in this niche sector. The company was acquired by Bosch Software Innovations GmbH, a Bosch Group subsidiary, in February 2015.

Who are the top competitors of ProSyst?

ProSyst's top competitors include Valens, HiveMQ and Real-Time Innovations.

Who are ProSyst's investors?

ProSyst has 6 investors. Key investors include European Union, Invision, Berlin Capital Fund, VM Capital, and SAP Ventures.

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