SiB Solutions

Lund, Sweden Founded: 2017 • Age: 9 yrs
AI and IoT-based video analytics platform is provided for logistics.
Annual revenue - Latest available
Total funding $6.3M 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About SiB Solutions

SiB Solutions is a company based in Lund (Sweden) founded in 2017 by Stefan Borg, Staffan Persson, and Lennart Bergstrom. SiB Solutions has raised $6.27 million across 2 funding rounds from investors including Scania Growth Capital. SiB Solutions offers products and services including Intelligent Video and AI Services. SiB Solutions operates in a competitive market with competitors including Assert AI, Fresh Turf, DataFormed, Cryptacora and Ace tracker, among others.

  • Headquarter Lund, Sweden
  • Founders Stefan Borg, Staffan Persson, Lennart Bergstrom
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Sib Solutions Ab
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.27 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.4 M (USD), Series A

    Apr 02, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of SiB Solutions

SiB Solutions offers a comprehensive portfolio of products and services, including Intelligent Video and AI Services.

Product name locked
Category locked
Primary

Delivers AI and video analysis for optimizing logistics processes and visibility.

People of SiB Solutions

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Camilla Mårtensson
HR Manager
People
Mahyar Parsasirat
Software Developer
People
Viktor Nilsson
CTO
People
Derek Gant
Head of Sales and Business Development - USA

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Funding Insights of SiB Solutions

SiB Solutions has successfully raised a total of $6.27M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.4 million completed in April 2024. 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 SiB Solutions

SiB Solutions has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Scania Growth Capital.

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Venture Fund
Investor Description Founded Year Domain Location
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Investor details for SiB Solutions

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Investments & Acquisitions by SiB Solutions

Investments
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Investment portfolio details for SiB Solutions

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  • Transaction dates
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Financial Statements - SiB Solutions

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Detailed financials for SiB Solutions

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Sib Solutions Comparisons

SiB Solutions Primary company
Description
AI and IoT-based video analytics platform is provided for lo...
Location
Lund, Sweden
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for SiB Solutions

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Competitors of SiB Solutions

SiB Solutions 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 Assert AI, Fresh Turf, DataFormed, Cryptacora and Ace tracker, among others.

Company Name Domain Founded year HQ Location Description
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AI and SaaS-based video analytics solutions
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Computer vision solutions for logistics data automation are provided.
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Provides web-based data analytics solutions for warehouses.
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Provides AI and web-based solutions for warehousing data analytics.
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Offers a cloud-based platform for big data warehousing solutions.
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Detailed competitors of SiB Solutions

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Latest news on Sib Solutions

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Complete news archive for SiB Solutions

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Frequently Asked Questions about SiB Solutions

SiB Solutions was founded in 2017 and raised its 1st funding round 5 years after it was founded.

SiB Solutions is headquartered in Lund, Sweden.

Stefan Borg is the current CEO of SiB Solutions. They have also founded this company.

SiB Solutions is a funded company, having raised a total of $6.27M across 2 funding rounds to date.

SiB Solutions was founded in 2017 in Lund, Sweden, as a provider of an AI and IoT-based video analytics platform targeted at the logistics and supply chain sectors. Video data is captured, processed, and analyzed through the platform, which incorporates video analytics, cloud storage, video processors, troubleshooting tools, and recommendation features. Operations focus on enabling efficient monitoring and management in industrial settings.

SiB Solutions's top competitors include Assert AI, Fresh Turf and DataFormed.

SiB Solutions offers Intelligent Video and AI Services.

SiB Solutions has 1 investor. Key investors include Scania Growth Capital.

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