SECO

Arezzo, Italy Founded: 1979 • Age: 47 yrs
Multiple embedded hardware solutions for diverse applications are manufactured.
Annual revenue $190.6M Latest available
Total funding $12.4M 1 rounds
Employees 839 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Seco S.P.A.
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $190.65 M (USD)
    -12.54
    as on Dec 31, 2024
  • Net Profit
    -$21.85 M (USD)
    -277.28
    as on Dec 31, 2024
  • EBITDA
    $12.37 M (USD)
    -72.58
    as on Dec 31, 2024
  • Total Equity Funding
    $12.36 M (USD)

    in 1 rounds

  • Latest Funding Round
    $12.36 M (USD), Private Equity Round

    Apr 20, 2018

  • Investors
  • Employee Count
    839

    as on Dec 31, 2024

  • Investments & Acquisitions
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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.

Exchange: MIL · Ticker: IOT · Sector: Electronic technology · Italy

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.

Product name locked
Category locked
Primary

IoT framework for device and data management provided.

Product name locked
Category locked
Locked

Hardware solutions for OEMs including modules and PCs.

Product name locked
Category locked
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Customizable HMI solutions for industrial environments offered.

Product name locked
Category locked
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Payment solutions for vending and OEMs developed.

People of SECO

Headcount 200-500
Employee Profiles 3
Employee Profiles
People
Walch Günther
General Manager, Comron
People
Luca Buscherini
Appointed Managing Director Of SECO Northern Europe

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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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Locked Locked Locked
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Investor details for SECO

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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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.

Investments
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Investment portfolio details for SECO

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  • Portfolio identities
  • Transaction dates
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  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Capacitive touch screen technology for multi-category displays is developed.
Locked Locked 2011 Locked
Communication devices for IoT, including routers and gateways, are developed.
Locked Locked 2001 Locked
Salesforce consulting and AI-powered digital solutions are provided.
Locked Locked 1992 Locked
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Complete acquisition details for SECO

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - SECO

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Detailed financials for SECO

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Seco Comparisons

SECO Primary company
Description
Multiple embedded hardware solutions for diverse application...
Location
Arezzo, Italy
Founded Year
1979
Annual Revenue
$190.65 M (USD)
Net Profit
-$21.85 M (USD)
EBITDA
$12.37 M (USD)
Employees
839
As of 2024
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Peer comparison for SECO

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Programmable logic devices and embedded solutions are provided.
Locked Locked Locked
Processing acceleration cards are developed for AI, telecom, and storage.
Locked Locked Locked
Network equipment, automation, and embedded computing solutions are provided.
Locked Locked Locked
Single-board computers and computer-on-modules are manufactured for industrial applications.
Locked Locked Locked
Embedded computing products and solutions are provided for industrial applications.
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Detailed competitors of SECO

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Seco

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Complete news archive for SECO

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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's top competitors include Xilinx, Kalray and Coreel.

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.

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