About SECO
SECO is a company based in Arezzo (Italy) founded in 1979. It operates as a SaaS (Software-as-a-Service) and Direct-to-Consumer (D2C). SECO has raised $12.36 million across 1 funding round from investors including Fondo Italiano d'Investimento. The company has 839 employees as of December 31, 2024. SECO has completed 4 acquisitions, including Beijing InHand Networks Technology, Fannal and Garz & Fricke. SECO offers products and services including Clea Software Framework, Embedded Computing Hardware, Human Machine Interface (HMI), and Payment Systems. SECO operates in a competitive market with competitors including Xilinx, Kalray, Advantech, congatec and WINSYSTEMS, among others.
- Headquarter Arezzo, Italy
- Employees 839 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Seco S.P.A.
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Annual Revenue
$190.65 M (USD)-12.54as on Dec 31, 2024
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Net Profit
-$21.85 M (USD)-277.28as on Dec 31, 2024
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EBITDA
$12.37 M (USD)-72.58as on Dec 31, 2024
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Total Equity Funding
$12.36 M (USD)
in 1 rounds
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Latest Funding Round
$12.36 M (USD), Private Equity Round
Apr 20, 2018
- Investors
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Employee Count
839
as on Dec 31, 2024
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Investments & Acquisitions
Beijing InHand Networks Technology
& 3 more
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IPO & Listings of SECO
SECO is a publicly listed company on the MIL with ticker symbol IOT in Italy, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of SECO
SECO offers a comprehensive portfolio of products and services, including Clea Software Framework, Embedded Computing Hardware, Human Machine Interface (HMI), and Payment Systems.
IoT framework for device and data management provided.
Hardware solutions for OEMs including modules and PCs.
Customizable HMI solutions for industrial environments offered.
Payment solutions for vending and OEMs developed.
People of SECO
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Funding Insights of SECO
SECO has successfully raised a total of $12.36M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $12.36 million completed in April 2018. 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.
Investors in SECO
SECO has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Fondo Italiano d'Investimento.
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Investor details for SECO
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Investments & Acquisitions by SECO
SECO has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Beijing InHand Networks Technology, Fannal and Garz & Fricke.
Investment portfolio details for SECO
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Capacitive touch screen technology for multi-category displays is developed.
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Communication devices for IoT, including routers and gateways, are developed.
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Salesforce consulting and AI-powered digital solutions are provided.
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Locked | Locked | 1992 | Locked |
Complete acquisition details for SECO
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Verified entity values are shown only after access is granted.
Financial Statements - SECO
Detailed financials for SECO
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- Profit trends
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Seco Comparisons
Peer comparison for SECO
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Competitors of SECO
SECO 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 Xilinx, Kalray, Advantech, congatec and WINSYSTEMS, among others.
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Programmable logic devices and embedded solutions are provided.
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Processing acceleration cards are developed for AI, telecom, and storage.
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Network equipment, automation, and embedded computing solutions are provided.
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Single-board computers and computer-on-modules are manufactured for industrial applications.
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Embedded computing products and solutions are provided for industrial applications.
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Detailed competitors of SECO
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Latest news on Seco
Complete news archive for SECO
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Frequently Asked Questions about SECO
SECO was founded in 1979 and raised its 1st funding round 39 years after it was founded.
SECO is headquartered in Arezzo, Italy. It is registered at Arezzo, Tuscany, Italy.
SECO is a funded company, having raised a total of $12.36M across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at SECO is 839.
Annual revenue of SECO is $190.65M as on Dec 31, 2024.
SECO is involved in the design and integration of industrial IoT solutions, embedded hardware, and software frameworks. The company serves various sectors including industrial automation, medical, transportation, and vending with products like computer-on-modules, single board computers, and human-machine interfaces. Additionally, SECO offers Clea, a software framework for IoT device management and AI applications. Solutions are tailored for edge computing, system integration, and custom designs, supported by manufacturing facilities in Europe and the Americas. The focus remains on creating sustainable, connected technologies for a digital future.
SECO offers Clea Software Framework, Embedded Computing Hardware, Human Machine Interface (HMI), and Payment Systems.
Yes, SECO is publicly traded on MIL under the ticker symbol IOT.
SECO has made 4 acquisitions, including Beijing InHand Networks Technology, Fannal, and Garz & Fricke.
SECO has 1 investor. Key investors include Fondo Italiano d'Investimento.
The ticker symbol of SECO is IOT on MIL.