Smart Technologies

Calgary, Canada Founded: 1987 • Age: 39 yrs Acquired By Foxconn Electronics
Smart classroom solutions for schools
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About Smart Technologies

Smart Technologies is a company based in Calgary (Canada) founded in 1987 was acquired by Foxconn Electronics in May 2016.. Smart Technologies has completed 2 acquisitions, including NEXT Door & Window and Touchuserinterface.com. Smart Technologies offers products and services including Interactive Displays, Lumio Software, and Collaboration Software. Smart Technologies operates in a competitive market with competitors including Schoolnet India, Swivl, Educomp, mcSquares and Promethean World, among others.

Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
    $1.88 M (USD)
    7.98
    as on Mar 31, 2015
  • Net Profit
    $204.36 K (USD)
    40.49
    as on Mar 31, 2015
  • EBITDA
    $240.55 K (USD)
    -0.66
    as on Mar 31, 2015
  • Latest Funding Round
    $47.67 K (USD), Grant

    Jan 01, 2017

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Foxconn Electronics

    (May 26, 2016)

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Products & Services of Smart Technologies

Smart Technologies offers a comprehensive portfolio of products and services, including Interactive Displays, Lumio Software, and Collaboration Software. 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.

Primary

Devices for collaborative presentations in education and business.

Tools for student engagement and hands-on learning activities.

Solutions for remote meetings and idea sharing in workplaces.

People of Smart Technologies
Headcount 500-1000
Employee Profiles 135
Board Members and Advisors 1
Employee Profiles
People
Chad Visser
Product Marketing Manager
People
Sarah Balogun
Team Leader, International Inside Sales
People
Aaron Fright
Director - Africa, Middle East, India, Asia, Australia/new Zealand
People
Joe Dipentino
Senior Area Manager

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Board Members and Advisors
people
Richard Lee
Chairman

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Funding Insights of Smart Technologies

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $47,665
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2017 Amount Grant - Smart Technologies Valuation

investors

Aug, 2007 Amount Private Equity Round - Smart Technologies Valuation Apax
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Smart Technologies

Smart Technologies has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Foxconn Electronics, Apax Partners 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Equity investments are focused on tech, services, and consumer sectors.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Electronic products and components are manufactured globally by Foxconn.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Smart Technologies

Smart Technologies has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include NEXT Door & Window and Touchuserinterface.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Touch display systems are manufactured by Touchuserinterface.com.
2008
Fiberglass window and door replacement services are provided to homeowners.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Smart Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Smart Technologies Comparisons

Employees
+
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Competitors of Smart Technologies

Smart Technologies 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 Schoolnet India, Swivl, Educomp, mcSquares and Promethean World, 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
K-12 digital learning solutions are provided for schools.
domain founded_year HQ Location
Automated video collaboration tools are offered for education.
domain founded_year HQ Location
Technology education solutions for K-12 schools are delivered.
domain founded_year HQ Location
Interactive dry-erase whiteboards are designed for educational collaboration.
domain founded_year HQ Location
Classroom digitalisation solutions including interactive hardware and software are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Smart Technologies

Frequently Asked Questions about Smart Technologies

When was Smart Technologies founded?

Smart Technologies was founded in 1987 and raised its 1st funding round 20 years after it was founded.

Where is Smart Technologies located?

Smart Technologies is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

Who is the current CEO of Smart Technologies?

Nicholas Svensson is the current CEO of Smart Technologies.

What is the annual revenue of Smart Technologies?

Annual revenue of Smart Technologies is $1.88M as on Mar 31, 2015.

What does Smart Technologies do?

Smart Technologies provides smart classroom products to schools. Products include interactive displays, smart learning suite software and smart whiteboard. Smart learning suite provides a software tool for connecting students and teachers. Includes SilkTouch and Smart Ink for interactive learning on whiteboards. Also has Smart lab for teachers to create game based learning activities. Works on the product-based pricing model.

Who are the top competitors of Smart Technologies?

Smart Technologies's top competitors include Schoolnet India, Swivl and Educomp.

What products or services does Smart Technologies offer?

Smart Technologies offers Interactive Displays, Lumio Software, and Collaboration Software.

How many acquisitions has Smart Technologies made?

Smart Technologies has made 2 acquisitions, including NEXT Door & Window, and Touchuserinterface.com.

Who are Smart Technologies's investors?

Smart Technologies has 3 investors. Key investors include Foxconn Electronics, Apax Partners, and European Union.

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