About RightWare
RightWare is a company based in Helsinki (Finland) founded in 2009 was acquired by Thundersoft in December 2016.. RightWare has raised $9.51 million across 2 funding rounds from investors including Thundersoft, Nexit Ventures and Inventure VC. RightWare offers products and services including Automotive HMI Development Framework. RightWare operates in a competitive market with competitors including Preh, Gestigon, Cyberon, Awayr AI and Anvation Labs, among others.
- Headquarter Helsinki, Finland
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Sectors
Transportation, Automotive & Logistics
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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
$9.51 M (USD)
in 2 rounds
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Latest Funding Round
$5.2 M (USD), Series B
May 14, 2013
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Investors
Thundersoft
& 3 more
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Employee Count
Employee Count
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Acquired by
Thundersoft
(Dec 19, 2016)
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Products & Services of RightWare
RightWare offers a comprehensive portfolio of products and services, including Automotive HMI Development Framework. 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.
Provides tools for building interactive vehicle interfaces and systems.
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Funding Insights of RightWare
RightWare has successfully raised a total of $9.51M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5.2 million completed in May 2013. 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 2
- Last Round Series B — $5.2M
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First Round
First Round
(07 Jan 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series B - RightWare | Valuation | Tesi | |
| Jan, 2010 | Amount | Series A - RightWare | Valuation | Nexit Ventures , Inventure |
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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 RightWare
RightWare has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Thundersoft, Nexit Ventures and Inventure VC. 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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Tech and Offline focused Early stage VC Firm investing in parts of Europe and the US
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Founded Year | Domain | Location | |
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Investments in early-stage tech startups are made by Inventure.
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Founded Year | Domain | Location | |
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Private equity investment firm
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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 RightWare
| 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 - RightWare
| 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 |
Rightware Comparisons
Competitors of RightWare
RightWare 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 Preh, Gestigon, Cyberon, Awayr AI and Anvation Labs, 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 |
Automotive electronics and automation solutions are manufactured for vehicles.
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| domain | founded_year | HQ Location |
Middleware for gesture recognition and skeleton mapping is developed.
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| domain | founded_year | HQ Location |
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| domain | founded_year | HQ Location |
AI-powered eye-tracking systems are provided for automotive human-machine interfaces.
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| domain | founded_year | HQ Location |
Limited information is available on Anvation Labs' core activities.
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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 Rightware
Frequently Asked Questions about RightWare
When was RightWare founded?
RightWare was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is RightWare located?
RightWare is headquartered in Helsinki, Finland.
Is RightWare a funded company?
RightWare is a funded company, having raised a total of $9.51M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.31M, raised on Jan 07, 2010.
What does RightWare do?
RightWare was established in 2009 in Helsinki, Finland. Graphical user interface solutions are supplied for automotive and embedded sectors. The Kanzi platform is utilized to handle implementation and differentiation issues in 3D user interfaces. Emphasis is placed on enabling UI designers and engineers to concentrate on creation, testing, and deployment processes within these industries. Operations are centered on embedded systems applications.
Who are the top competitors of RightWare?
What products or services does RightWare offer?
RightWare offers Automotive HMI Development Framework.
Who are RightWare's investors?
RightWare has 4 investors. Key investors include Thundersoft, Nexit Ventures, Inventure VC, and Tesi.
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