SoCom

Krumbach, Germany Founded: 1992 • Age: 34 yrs Acquired By everfield
ERP and business management software for laundry operations is developed.
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About SoCom

SoCom is a company based in Krumbach (Germany) founded in 1992 was acquired by everfield in February 2023.. SoCom offers products and services including TIKOS Business Solutions, WEB Online Solutions, APPS Mobile Solutions, TEKAS Textilreinigung, and TOUCH Display Solutions. SoCom operates in a competitive market with competitors including OpusFlow, Sudzy, AdvanTex, Billify and Estands, among others.

  • Headquarter Krumbach, Germany
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Socom Information Systems Gmbh
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    everfield

    (Feb 16, 2023)

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Products & Services of SoCom

SoCom offers a comprehensive portfolio of products and services, including TIKOS Business Solutions, WEB Online Solutions, APPS Mobile Solutions, TEKAS Textilreinigung, and TOUCH Display Solutions. 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

ERP system for textile service process management

Online portals for customer and tour tracking

Mobile applications for laundry operations

Kassenlösung for textile service businesses

Touch displays for intuitive laundry item tracking

Funding Insights of SoCom

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 SoCom

SoCom has secured backing from 1 investor. Prominent investors backing the company include Everfield. 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
Investor Description Founded Year Domain Location
Everfield is focused on acquiring and growing software companies.
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 SoCom

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

Financial Statements - SoCom

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

Socom Comparisons

Employees
+
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Competitors of SoCom

SoCom 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 OpusFlow, Sudzy, AdvanTex, Billify and Estands, 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
ERP software for installation companies
domain founded_year HQ Location
Sudzy connects users to local cleaners for laundry and dry cleaning services.
domain founded_year HQ Location
Software solutions for managing laundry and textile processes efficiently.
domain founded_year HQ Location
Provides ERP software and management solutions for businesses.
domain founded_year HQ Location
Cloud-based ERP software for virtual trade show organizers and exhibitors.
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 Socom

European software group acquires German software company SoCom
Laundryandcleaningtoday2 years ago

Frequently Asked Questions about SoCom

When was SoCom founded?

SoCom was founded in 1992.

Where is SoCom located?

SoCom is headquartered in Krumbach, Germany. It is registered at Krumbach, Bavaria, Germany.

Who is the current CEO of SoCom?

Wolfgang Faist is the current CEO of SoCom.

What does SoCom do?

SoCom Software develops ERP and others business management software for laundry businesses. Portfolio includes product such as Tikos, an ERP solution for laundry business, key modules include finance administration control, production, logistics, laundry types, and others; Texport, a data management and production controlling solution for laundry businesses, support features such as production planning control, data acquisition, performance insights, wages bonus management and others. Also develop applications such as route management application, inventory management application, and others.

Who are the top competitors of SoCom?

SoCom's top competitors include OpusFlow, Sudzy and AdvanTex.

What products or services does SoCom offer?

SoCom offers TIKOS Business Solutions, WEB Online Solutions, APPS Mobile Solutions, TEKAS Textilreinigung, and TOUCH Display Solutions.

Who are SoCom's investors?

SoCom has 1 investor. Key investors include Everfield.

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