About Scortex
Scortex is a company based in Paris (France) founded in 2015 was acquired by TRIGO Group in May 2022.. Scortex has raised $2.02 million across 4 funding rounds from investors including Plug and Play Tech Center, TRIGO Group and European Union. Scortex offers products and services including Spark and Quality Center. Scortex operates in a competitive market with competitors including Nexmo, Sensory, Cogniac, Nuance and Cumulus Digital Systems, among others.
- Headquarter Paris, France
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Sectors
TechnologyIndustrial Goods & Manufacturing
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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
$2.02 M (USD)
in 4 rounds
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Latest Funding Round
$314.3 K (USD), Grant
Sep 01, 2019
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Investors
Plug and Play Tech Center
& 4 more
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Employee Count
Employee Count
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Acquired by
TRIGO Group
(May 06, 2022)
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Products & Services of Scortex
Scortex offers a comprehensive portfolio of products and services, including Spark and Quality Center. 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.
AI kit for rapid deployment and automated visual product inspection.
Platform for real-time quality analysis and detailed reporting.
Funding Insights of Scortex
Scortex has successfully raised a total of $2.02M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $314.3 thousand completed in September 2019. 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 4
- Last Round Grant — $314,304
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First Round
First Round
(15 Jun 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Grant - Scortex | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - Scortex | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Scortex | Valuation | Plug and Play Tech Center |
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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 Scortex
Scortex has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, TRIGO Group and 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 |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Venture capital investment in European business software companies, focusing on early-stage opportunities in London.
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Founded Year | Domain | Location | |
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Early-stage investments are targeted by Alven, a venture capital 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 Scortex
| 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 - Scortex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Scortex Comparisons
Competitors of Scortex
Scortex 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 Nexmo, Sensory, Cogniac, Nuance and Cumulus Digital Systems, 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 |
Voice and messaging APIs provided to enterprises for customer outreach.
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| domain | founded_year | HQ Location |
Embeddable speech and vision technologies are provided for consumer products.
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| domain | founded_year | HQ Location |
AI-based platform is utilized for managing visual operations in businesses.
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| domain | founded_year | HQ Location |
Conversational AI solutions are provided for enterprise customer experiences.
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| domain | founded_year | HQ Location |
Cloud-based platform for construction operations and maintenance management is provided.
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| domain | founded_year | HQ Location |
AI-backed voice solutions are provided for multiple industries.
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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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Frequently Asked Questions about Scortex
When was Scortex founded?
Scortex was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Scortex located?
Scortex is headquartered in Paris, France.
Is Scortex a funded company?
Scortex is a funded company, having raised a total of $2.02M across 4 funding rounds to date.
What does Scortex do?
Founded in 2015 and based in Paris, France, Scortex operates in the robotics and AI sector. An embedded intelligence platform is provided for executing tasks such as image and speech recognition. A SaaS platform called Spirit is offered alongside hardware based on neural networks to support machine autonomy. Applications encompass robot control, speech and visual recognition, and IoT sensor analysis.
Who are the top competitors of Scortex?
What products or services does Scortex offer?
Scortex offers Spark and Quality Center.
Who are Scortex's investors?
Scortex has 5 investors. Key investors include Plug and Play Tech Center, TRIGO Group, European Union, Notion Capital, and Alven.
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