About Slock.it
Slock.it is a company based in Mittweida (Germany) founded in 2015 was acquired by Blockchains in June 2019.. Slock.it has raised $2 million across 1 funding round from investors including Blockchains. The company has 52 employees as of December 31, 2020. Slock.it operates in a competitive market with competitors including Armis Security, Upstream Security, Medigate, Ordr and Claroty, among others.
- Headquarter Mittweida, Germany
- Employees 52 as on 31 Dec, 2020
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Blockchains, Inc
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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 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Mar 29, 2017
- Investors
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Employee Count
52
as on Dec 31, 2020
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Acquired by
Blockchains
(Jun 03, 2019)
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Funding Insights of Slock.it
Slock.it has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in March 2017. 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 1
- Last Round Seed — $2.0M
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First Round
First Round
(29 Mar 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Seed - Slock.it | Valuation |
investors |
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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 Slock.it
Slock.it has secured backing from 1 investor. Prominent investors backing the company include Blockchains. 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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Blockchain development services are provided to clients worldwide.
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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 Slock.it
| 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 - Slock.it
| 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 |
Slock.It Comparisons
Competitors of Slock.it
Slock.it 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 Armis Security, Upstream Security, Medigate, Ordr and Claroty, 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 |
Wireless security platform for IoT applications is provided.
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| domain | founded_year | HQ Location |
Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
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| domain | founded_year | HQ Location |
Medical device security is delivered via cloud and IoT monitoring.
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| domain | founded_year | HQ Location |
Security solutions for IoT device vulnerabilities are developed.
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| domain | founded_year | HQ Location |
Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
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| domain | founded_year | HQ Location |
Endpoint security is provided against firmware and hardware attacks.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Slock.It
Frequently Asked Questions about Slock.it
When was Slock.it founded?
Slock.it was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Slock.it located?
Slock.it is headquartered in Mittweida, Germany. It is registered at Mittweida, Saxony, Germany.
Is Slock.it a funded company?
Slock.it is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Mar 29, 2017.
How many employees does Slock.it have?
As of Dec 31, 2020, the latest employee count at Slock.it is 52.
What does Slock.it do?
Founded in 2015 in Mittweida, Germany, Slock.it focuses on the blockchain sector for IoT security. Ethereum light nodes are integrated into connected cars, homes, and shared appliances to support peer-to-peer renting, selling, and sharing of assets without intermediaries. An infrastructure network for electric vehicle charging stations has been established, enabling automated authentication and billing processes across operations.
Who are the top competitors of Slock.it?
Slock.it's top competitors include Armis Security, Upstream Security and Ordr.
Who are Slock.it's investors?
Slock.it has 1 investor. Key investors include Blockchains.