About Solution Net Systems
Solution Net Systems is a company based in Quakertown (United States) founded in 1971 was acquired by Alstef Group in April 2023.. Solution Net Systems offers products and services including XSORT Cross-Belt Sorter, AGV Fleet, and BAGware Software. Solution Net Systems operates in a competitive market with competitors including Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others.
- Headquarter Quakertown, United States
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing 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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Alstef Group
& 1 more
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Employee Count
Employee Count
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Products & Services of Solution Net Systems
Solution Net Systems offers a comprehensive portfolio of products and services, including XSORT Cross-Belt Sorter, AGV Fleet, and BAGware 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.
High-speed system for sorting baggage in airports.
Vehicles for efficient material transport in warehouses.
Software for managing baggage handling operations.
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Funding Insights of Solution Net Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Solution Net Systems
Solution Net Systems has secured backing from 2 investors. Prominent investors backing the company include Alstef Group and Architect Equity. 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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Designs and integrates automated systems for airports, warehouses, and logistics.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Solution Net Systems
| 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 - Solution Net Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Solution Net Systems Comparisons
Competitors of Solution Net Systems
Solution Net Systems 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 Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, 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 |
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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AI-enabled robotic grippers for object picking are provided.
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Provider of a pick and place robot for e-commerce applications
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AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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Autonomous mobile robots are supplied for warehouse operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Solution Net Systems
Frequently Asked Questions about Solution Net Systems
When was Solution Net Systems founded?
Solution Net Systems was founded in 1971.
Where is Solution Net Systems located?
Solution Net Systems is headquartered in Quakertown, United States. It is registered at Quakertown, Pennsylvania, United States.
What does Solution Net Systems do?
Solution Net Systems provides integrated hardware software solutions for warehouse automation. Product offerings include automated systems for labeling, sorting, scanning, dimensioning weighing, inbound goods receiving, and automated manifest systems (an automated processing solution for manifests from the air, rail, ground, or sea shipments). Additionally, the company also offers Flexible Automation Solution Tools (FAST), a software solution to control manage the automated systems.
Who are the top competitors of Solution Net Systems?
Solution Net Systems's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
What products or services does Solution Net Systems offer?
Solution Net Systems offers XSORT Cross-Belt Sorter, AGV Fleet, and BAGware Software.
Who are Solution Net Systems's investors?
Solution Net Systems has 2 investors. Key investors include Alstef Group, and Architect Equity.