About Socket Mobile
Socket Mobile is a company based in Newark (United States) founded in 1992.. The company has 59 employees as of December 31, 2024. Socket Mobile offers products and services including Barcode Scanners, NFC Readers, and CaptureSDK. Socket Mobile operates in a competitive market with competitors including Loyal, Appfire, Sango Technologies, Mega Fortuna and Airspeed, among others.
- Headquarter Newark, United States
- Employees 59 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Socket Mobile, Inc.
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Annual Revenue
$18.76 M10.15as on Dec 31, 2024
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Net Profit
$-2.24 M-16.84as on Dec 31, 2024
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EBITDA
$-881.6 K48.95as on Dec 31, 2024
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Latest Funding Round
$1.5 M (USD), Post-IPO
May 30, 2025
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Investors
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Employee Count
59
as on Dec 31, 2024
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IPO & Listings of Socket Mobile
Socket Mobile is a publicly listed company on the NASDAQ with ticker symbol SCKT in USA, 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 Socket Mobile
Socket Mobile offers a comprehensive portfolio of products and services, including Barcode Scanners, NFC Readers, and CaptureSDK. 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.
Devices for fast and accurate barcode scanning in various industries.
Tools for contactless data capture in business settings.
Development kit for integrating data capture into mobile applications.
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Funding Insights of Socket Mobile
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $1.5M
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First Round
First Round
(01 Sep 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Post-IPO - Socket Mobile | Valuation |
investors |
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| Aug, 2024 | Amount | Post-IPO - Socket Mobile | Valuation |
investors |
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| May, 2023 | Amount | Post-IPO - Socket Mobile | 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 |
Investments & Acquisitions by Socket Mobile
| 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 - Socket Mobile
| 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 |
Socket Mobile Comparisons
Competitors of Socket Mobile
Socket Mobile 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 Loyal, Appfire, Sango Technologies, Mega Fortuna and Airspeed, 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 |
Mobile application development, data management, and advertising services are provided.
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| domain | founded_year | HQ Location |
Mobile app development services are offered by Appfire.
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| domain | founded_year | HQ Location |
Application development services are provided to support business applications.
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| domain | founded_year | HQ Location |
Apps and games for mobile platforms are developed and published.
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| domain | founded_year | HQ Location |
Limited information available
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| domain | founded_year | HQ Location |
Provider of mobile application development, graphic design, and content creation services
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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 Socket Mobile
Frequently Asked Questions about Socket Mobile
When was Socket Mobile founded?
Socket Mobile was founded in 1992 and raised its 1st funding round 28 years after it was founded.
Where is Socket Mobile located?
Socket Mobile is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
How many employees does Socket Mobile have?
As of Dec 31, 2024, the latest employee count at Socket Mobile is 59.
What is the annual revenue of Socket Mobile?
Annual revenue of Socket Mobile is $18.76M as on Dec 31, 2024.
What does Socket Mobile do?
Socket Mobile was founded in 1992 and is headquartered in Newark, United States. Hardware for portable computing and data collection is produced by the company, targeting sectors such as retail, logistics, and healthcare. Operations focus on designing and supplying barcode scanners, sleds, and related accessories that integrate with mobile devices. Distribution occurs globally through partnerships with software developers and resellers, supporting efficient data management in field applications.
Who are the top competitors of Socket Mobile?
Socket Mobile's top competitors include Loyal, Mega Fortuna and Appfire.
What products or services does Socket Mobile offer?
Socket Mobile offers Barcode Scanners, NFC Readers, and CaptureSDK.
Is Socket Mobile publicly traded?
Yes, Socket Mobile is publicly traded on NASDAQ under the ticker symbol SCKT.
What is Socket Mobile's ticker symbol?
The ticker symbol of Socket Mobile is SCKT on NASDAQ.
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