About RECCO
RECCO is a company based in Lidingo (Sweden) founded in 1973 by Magnus Granhed. It operates as a Product-as-a-Service, and Direct-to-Consumer (D2C). RECCO offers products and services including RECCO Rescue Reflector, RECCO Handheld Detector, and RECCO SAR Helicopter Detector.
- Headquarter Lidingo, Sweden
- Founders Magnus Granhed
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Recco Ab
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$468.04 K (USD), Grant
Jan 01, 2018
- Investors
-
Employee Count
Employee Count
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
Products & Services of RECCO
RECCO offers a comprehensive portfolio of products and services, including RECCO Rescue Reflector, RECCO Handheld Detector, and RECCO SAR Helicopter Detector. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Integrated reflectors are used for searchable outdoor gear.
Handheld detectors are utilized by rescue professionals globally.
Helicopter detectors are deployed for search and rescue.
Unlock access to complete
Funding Insights of RECCO
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $468,042
-
First Round
First Round
(01 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Grant - RECCO | 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 RECCO
RECCO has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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 |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
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 RECCO
| 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 - RECCO
| 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 |
Recco Comparisons
Competitors of RECCO
| 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 RECCO
When was RECCO founded?
RECCO was founded in 1973 and raised its 1st funding round 45 years after it was founded.
Where is RECCO located?
RECCO is headquartered in Lidingo, Sweden. It is registered at Lidingo, Stockholm County, Sweden.
What does RECCO do?
RECCO is focused on the development of advanced search and rescue technology. Solutions are provided for avalanche and outdoor rescue scenarios. Products such as RECCO Rescue Reflectors and detectors are integrated into gear used by rescue professionals worldwide. The technology is supported by a global network covering ski resorts and helicopter search operations. Partnerships with brands like HOKA and CamelBak are established to expand the reach of searchable products across various outdoor activities.
What products or services does RECCO offer?
RECCO offers RECCO Rescue Reflector, RECCO Handheld Detector, and RECCO SAR Helicopter Detector.
Who are RECCO's investors?
RECCO has 1 investor. Key investors include European Union.