About Rombit
Rombit is a company based in Antwerp (Belgium) founded in 2012.. Rombit has raised $25 million across 2 funding rounds from investors including European Union, InvestLink and Transformation Fund. The company has 17 employees as of December 31, 2022. Rombit has completed 1 acquisition, including Sercotec. Rombit offers products and services including Rombit Platform, Rombit Smart Badge, Rombit Anchor, and Digital Driver Coach. Rombit operates in a competitive market with competitors including Urbint, Powerplay, Breezeway, PlanGrid and Fieldwire, among others.
- Headquarter Antwerp, Belgium
- Employees 17 as on 31 Dec, 2022
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Sectors
Industrial Goods & ManufacturingTechnology Real Estate & Construction
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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
$25 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series B
Feb 16, 2022
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Investors
European Union
& 3 more
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Employee Count
17
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Rombit
Rombit offers a comprehensive portfolio of products and services, including Rombit Platform, Rombit Smart Badge, Rombit Anchor, and Digital Driver Coach. 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 real-time risk management and analytics for operations
Enables worker tracking and emergency alerts in hazardous environments
Facilitates indoor positioning and proximity detection for safety
Monitors driving behavior to prevent collisions and accidents
Funding Insights of Rombit
Rombit has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in February 2022. 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 — $25.0M
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First Round
First Round
(01 Jan 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series B - Rombit | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Rombit | Valuation |
investors |
| 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 Rombit
Rombit has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include European Union, InvestLink and Transformation 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.
| Investor | Description | Founded Year | Domain | Location |
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Offers investment, coaching, and advice to support company growth and professionalization.
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Founded Year | Domain | Location | |
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Educational content on beauty care is provided by Transformation Fund.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Rombit
Rombit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sercotec. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Safety, security, and operational efficiency services are provided.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Rombit
| 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 |
Rombit Comparisons
Competitors of Rombit
Rombit 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 Urbint, Powerplay, Breezeway, PlanGrid and Fieldwire, 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 |
AI-driven urban datasets and analysis tools are offered by Urbint.
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| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
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| domain | founded_year | HQ Location |
SaaS-driven inspection management software for property and facility managers
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| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
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| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
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| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
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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 Rombit
Frequently Asked Questions about Rombit
When was Rombit founded?
Rombit was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is Rombit located?
Rombit is headquartered in Antwerp, Belgium.
Is Rombit a funded company?
Rombit is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Grant of $162.56K, raised on Jan 01, 2017.
How many employees does Rombit have?
As of Dec 31, 2022, the latest employee count at Rombit is 17.
What does Rombit do?
Founded in 2012 in Antwerp, Belgium, Rombit operates in the industrial technology sector. Wearables equipped with UWB-ranging technology are supplied for social distancing alerts and contact tracing. Equipment tracking devices are offered alongside a real-time safety monitoring and analytics platform. AI-based solutions for industrial applications are also developed and provided to enhance workspace operations.
Who are the top competitors of Rombit?
What products or services does Rombit offer?
Rombit offers Rombit Platform, Rombit Smart Badge, Rombit Anchor, and Digital Driver Coach.
How many acquisitions has Rombit made?
Rombit has made 1 acquisition, including Sercotec.
Who are Rombit's investors?
Rombit has 4 investors. Key investors include European Union, InvestLink, Transformation Fund, and Vic Swerts.