About Remoto
Remoto is a company based in Lausanne (Switzerland) founded in 2002.. Remoto has raised $1.5 million across 1 funding round from investors including Leta Capital. Remoto operates in a competitive market with competitors including Webfleet, Zeliot, K2G, LINGS and Bright Box, among others.
- Headquarter Lausanne, Switzerland
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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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
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Series A
Nov 25, 2014
- Investors
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Employee Count
Employee Count
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Funding Insights of Remoto
Remoto has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.5 million completed in November 2014. 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 1
- Last Round Series A — $1.5M
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First Round
First Round
(25 Nov 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2014 | Amount | Series A - Remoto | Valuation | Leta Capital |
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| 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 Remoto
Remoto has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Leta Capital. 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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Venture capital firm backed by Leta Group
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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 Remoto
| 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 - Remoto
| 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 |
Remoto Comparisons
Competitors of Remoto
Remoto 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 Webfleet, Zeliot, K2G, LINGS and Bright Box, 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 |
Provides cloud-based fleet management software solutions.
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| domain | founded_year | HQ Location |
End-to-end SaaS fleet management solutions are provided for operators.
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| domain | founded_year | HQ Location |
AI-driven tools for insurance risk assessment and pricing are provided.
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| domain | founded_year | HQ Location |
On-demand property and casualty insurance is offered for personal items.
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| domain | founded_year | HQ Location |
Connected car platform is provided to automotive OEMs and dealerships.
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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 Remoto
Frequently Asked Questions about Remoto
When was Remoto founded?
Remoto was founded in 2002 and raised its 1st funding round 12 years after it was founded.
Where is Remoto located?
Remoto is headquartered in Lausanne, Switzerland. It is registered at Lausanne, Vaud, Switzerland.
Is Remoto a funded company?
Remoto is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Series A of $1.5M, raised on Nov 25, 2014.
What does Remoto do?
Remoto was founded in 2002 in Lausanne, Switzerland, and operates in the connected car sector. A turnkey platform is offered to enable remote car management via smartphone apps. Data on malfunctions, mileage, driver behavior, and accidents is supplied to automotive OEMs and insurance companies. The solution includes telematics control units or OBD dongles, along with portals for OEMs, dealerships, and insurers.
Who are Remoto's investors?
Remoto has 1 investor. Key investors include Leta Capital.