RCO Security

Stockholm, Sweden Founded: 1976 • Age: 50 yrs Acquired By Novax
Electronic key less lock, alarm system and management software
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About RCO Security

RCO Security is a company based in Stockholm (Sweden) founded in 1976 was acquired by Novax in January 2012.. RCO Security has completed 1 acquisition, including Swedlock.

  • Headquarter Stockholm, Sweden
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Novax

    (Jan 31, 2012)

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People of RCO Security
Headcount 50-200
Employee Profiles 29
Employee Profiles
People
Thord Lofgren
Technical Engineer
People
Karin Linjo
Manager/project Manager
People
Mohamed Mahdi
Software Engineer - Frontend
People
Yan Bao
Embedded System Developer

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Funding Insights of RCO Security

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

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Investors in RCO Security

RCO Security has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Novax. 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.

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Venture Fund
Investor Description Founded Year Domain Location
Novax is engaged in long-term investment and company building.
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 RCO Security

RCO Security has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Swedlock. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital door locks and security accessories are manufactured.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - RCO Security

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

Rco Security Comparisons

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Competitors of RCO Security

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 Rco Security

Frequently Asked Questions about RCO Security

When was RCO Security founded?

RCO Security was founded in 1976.

Where is RCO Security located?

RCO Security is headquartered in Stockholm, Sweden.

What does RCO Security do?

RCO Security was founded in 1976 in Stockholm, Sweden, and operates in the security sector. Electronic keyless locks, alarm systems, and management software are provided for homes and businesses. Key products include Passer, Interphone, Reservation System, combination locks, Alarm M5, RCO software for access control, and R-Card 5000. The R-CONTROL solution enables monitoring of multiple geographically dispersed alarm systems. All products are backed by a five-year warranty.

How many acquisitions has RCO Security made?

RCO Security has made 1 acquisition, including Swedlock.

Who are RCO Security's investors?

RCO Security has 1 investor. Key investors include Novax.

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