About SOCOTEC Group
SOCOTEC Group is a company based in Kraainem (Belgium) founded in 1953 was acquired by Cobepa in February 2013.. SOCOTEC Group has completed 13 acquisitions, including Base Quantum, CAG Group and Canzler. SOCOTEC Group offers products and services including Testing Services and Certification Services.
- Headquarter Kraainem, Belgium
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Phone
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Website
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Social
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- Legal Name Socotec Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$25.77 K (USD), Grant
Dec 16, 2021
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Investors
Idinvest Partners
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
Base Quantum
& 12 more
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Acquired by
Cobepa
(Feb 07, 2013)
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Products & Services of SOCOTEC Group
SOCOTEC Group offers a comprehensive portfolio of products and services, including Testing Services and Certification Services. 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.
Testing is conducted for construction and infrastructure projects to ensure compliance and safety.
Certification is provided for management systems in areas like environmental and energy management.
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Funding Insights of SOCOTEC Group
- Total Funding Total Funding
- Total Rounds 11
- Last Round Grant — $25,774
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Grant - SOCOTEC Group | Valuation |
investors |
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| Nov, 2021 | Amount | Grant - SOCOTEC Group | Valuation |
investors |
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| Nov, 2021 | Amount | Grant - SOCOTEC Group | Valuation |
investors |
| 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 SOCOTEC Group
SOCOTEC Group has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Idinvest Partners, European Union and CD&R. 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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Equity investments are provided to low and middle market companies.
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Founded Year | Domain | Location | |
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BIP Capital Partners is focused on private equity investments.
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Founded Year | Domain | Location | |
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Private investment firm specializing in markets and partnerships.
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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 SOCOTEC Group
SOCOTEC Group has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Base Quantum, CAG Group and Canzler. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Safety culture is incorporated into construction projects through advisory services.
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2013 | ||||
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Forensic expert witness and quantity surveying services are offered.
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2012 | ||||
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Infrastructure monitoring, instrumentation, optimization, and maintenance services are provided.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SOCOTEC Group
| 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 |
Socotec Group Comparisons
Competitors of SOCOTEC Group
| 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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Frequently Asked Questions about SOCOTEC Group
When was SOCOTEC Group founded?
SOCOTEC Group was founded in 1953 and raised its 1st funding round 55 years after it was founded.
Where is SOCOTEC Group located?
SOCOTEC Group is headquartered in Kraainem, Belgium. It is registered at Kraainem, Flemish Brabant, Belgium.
What does SOCOTEC Group do?
Founded in 1953 and headquartered in Kraainem, Belgium, SOCOTEC Group operates in the risk management sector. Inspection and measurement services are offered to assess facility conformity and identify risks. Assistance and consultancy focus on risk anticipation and performance enhancement. Certification covers standards such as ISO 9001, ISO 14001, and OHSAS 18001. Training programs address health, safety, property management, and skill development. The company was acquired by Cobepa in February 2013.
What products or services does SOCOTEC Group offer?
SOCOTEC Group offers Testing Services and Certification Services.
How many acquisitions has SOCOTEC Group made?
SOCOTEC Group has made 13 acquisitions, including Base Quantum, CAG Group, and Canzler.
Who are SOCOTEC Group's investors?
SOCOTEC Group has 7 investors. Key investors include Idinvest Partners, European Union, CD&R, BIP Capital Partners, and Ardian.