Socomec

Benfeld, France Founded: 1922 • Age: 104 yrs
Energy monitoring, control, and critical power solutions are provided.

About Socomec

Socomec is a Business Services company based in Benfeld (France) founded in 1922. Energy monitoring, control, and critical power solutions are provided. It operates in the Business Services, Energy & Utilities, and Technology sectors. Socomec has completed 2 acquisitions, including Boltswitch and Continental Control Systems. Its chief executive, as recorded, is Syd Ridik. Its website socomec.com draws about 86 thousand monthly visits. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Building Energy Management. Its legal entity in India is Socomec Ups Private Limited (U31909DL2003PTC122565).

Company details

Founded in 1922 in Benfeld, France, operations focus on the energy sector. Solutions for monitoring energy consumption, detecting insulation faults, and limiting reactive energy are offered, alongside low-voltage switchgear devices. Software enables remote access to consumption data. Critical power systems, including energy storage, support reliable operations across various applications.

  • Headquarters Benfeld, France
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Website category Computers Electronics and Technology · Consumer Electronics
  • Email
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  • Phone
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  • Website socomec.com
  • Social LinkedIn X Facebook
  • Legal Name Socomec Ups Private Limited
  • Date of Incorporation 09 Oct, 2003
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Indian entity net loss
    -₹14.6 Lakh

    FY 2020 · 0% margin

  • Indian entity EBITDA
    -₹14.3 Lakh

    FY 2020 · 0% margin

  • Latest Funding Round
    $275.65K (USD), Grant

    Jan 2017

  • Investors
  • Investments & Acquisitions
    Boltswitch

    & 1 more

Funding Insights of Socomec

  • Total Rounds 2
  • Last Round Grant β€” $275,653
  • Investors Count 1

All 2 funding rounds of Socomec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2017$275,653Grant––
Jun 2015Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in Socomec

Socomec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for Socomec

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Board of directors of Socomec Ups Private Limited (Socomec)

Socomec Ups Private Limited is the primary company behind Socomec. The boards of the 3 registered companies of Socomec currently have 4 directors; the longest-serving is Jean Jaoques Boulain, appointed in 2014. 44 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jean Jaoques Boulain
DIN 06487535
Director19 Nov 201411 yrs 11 moSocomec Ups Private Limited
Oniel Ramindu Dissanayake
DIN 09498227
Director15 Feb 20224 yrs 8 moSocomec India Private Limited, Socomec Innovative Power Solutions Private Limited
Meenu Singhal
DIN 07411242
Director15 May 20233 yrs 5 moSocomec Ups Private Limited, Socomec India Private Limited, Socomec Innovative Power Solutions Private Limited
Rakesh Razdan
DIN 10740882
Director22 Aug 20242 yrs 2 moSocomec India Private Limited

People of Socomec

6 people are tracked at Socomec (5 in leadership, 1 in team).

NameRoleGroup
Syd Ridik
Co-CEOLeadership
Slawomir Tomczewski
Co-CEOLeadership
O Niel Dissanayake
Co-CEOLeadership
Managing DirectorLeadership
Ivan Steyert
Co-CEOLeadership
Julien Delacroix
Product Marketing ManagerTeam
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Complete people profiles for Socomec

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Financials of Socomec

Figures of Socomec Ups Private Limited, the primary company behind Socomec, for FY 2020. Net loss was -₹14.6 Lakh (0% margin). EBITDA was -₹14.3 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over five years.

  • -₹14.6 LakhNet loss · 0% margin
  • -₹14.3 LakhEBITDA · 0% margin
  • ₹3.87 CrPaid-up capital
  • -100%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Socomec Ups Private Limited are on its company page.

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Detailed financial statements for Socomec

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Investments & Acquisitions by Socomec

Socomec has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Boltswitch and Continental Control Systems.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Manufacturer of switches
boltswitch.comCrystal Lake, United States1953Mar 2019β€’β€’β€’β€’
Electric power metering and monitoring equipment is manufactured and designed.
ctlsys.comLongmont, United States1995Oct 2017β€’β€’β€’β€’
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Complete acquisition details for Socomec

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  • Deal sources
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  • Exports

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Timeline of Socomec

5 dated milestones of Socomec across 97 years, from founding to its latest funding, stage changes and deals.

  1. Founded Socomec is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Grant, of $276K.
  4. Acquisition Acquires Continental Control Systems.
  5. Acquisition Acquires Boltswitch.

Web traffic of Socomec

The website of Socomec (socomec.com) receives about 86.2K visits a month and ranks #402,429 among all websites worldwide, #3,755 in Consumer Electronics.

  • Monthly visits
    86.2K

    ▲ 4.3% vs previous month

  • Unique visitors
    34K

    per month

  • Global rank
    #402,429

    among all websites

  • Category rank
    #3,755

    Computers Electronics and Technology · Consumer Electronics

Similar websites

Websites whose visitors overlap most with Socomec. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
p-s-s.com
p-s-s.com
100%
#8,211,587–
metapo.com
100%
View details
powervar.com
100%
6.9K#2,746,722View details
sure-power.com
100%
#3,175,653View details
intellipower.com
98%
1.6K#9,060,618View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Socomec

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Frequently Asked Questions about Socomec

Socomec was founded in 1922 and raised its 1st funding round 93 years after it was founded.

Socomec is headquartered in Benfeld, France. It is registered at Benfeld, Bas-rhin, France.

Syd Ridik is the CEO of Socomec, as recorded in our data.

Founded in 1922 in Benfeld, France, operations focus on the energy sector. Solutions for monitoring energy consumption, detecting insulation faults, and limiting reactive energy are offered, alongside low-voltage switchgear devices. Software enables remote access to consumption data. Critical power systems, including energy storage, support reliable operations across various applications.

Socomec has made 2 acquisitions, including Boltswitch, and Continental Control Systems.

Socomec has 1 investor. Key investors include European Union.

Socomec is associated with 3 legal entities: Socomec Ups Private Limited, Socomec India Private Limited, Socomec Innovative Power Solutions Private Limited.

The legal entities of Socomec currently have 5 directors, including Jean Jaoques Boulain, Meenu Singhal, Oniel Ramindu Dissanayake and others.

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