About Strax
Strax is a company based in Troisdorf (Germany) founded in 1996 was acquired by Novestra in May 2016.. Strax has completed 1 acquisition, including Brandvault.
- Headquarter Troisdorf, Germany
- Stage Public
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Sectors
Retail
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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
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Novestra
(May 19, 2016)
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Funding Insights of Strax
| 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 Strax
Strax has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Novestra. 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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Private equity & venture capital firm
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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 Strax
Strax has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Brandvault. 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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Branding, market strategy, e-commerce, and video production services are provided.
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2018 |
| 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 - Strax
| 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 |
Strax Comparisons
Competitors of Strax
| 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 Strax
When was Strax founded?
Strax was founded in 1996.
Where is Strax located?
Strax is headquartered in Troisdorf, Germany. It is registered at Troisdorf, North Rhine-westphalia, Germany.
Who is the current CEO of Strax?
Gudmundur Palmason is the current CEO of Strax.
What does Strax do?
STRAX is a distributor of mobile device accessories from partner brands like Bugatti, Kensington, Gear4, Spigen, Urbanista etc. It serves manufacturers, carriers, service providers and retailers. It operates through offices in Europe, USA, Hong Kong and Shenzhen and a warehouse (4500 sqm) at Troisdorf. Its organisational processes like logistics, sales and marketing are ISO 9001 certified. It also offers value added and fulfilment services like packaging solutions, logistics, marketing support etc. It was acquired by Novestra AB (Now Strax AB) in May 2016. HDR Partners (IB) was involved in the deal.
How many acquisitions has Strax made?
Strax has made 1 acquisition, including Brandvault.
Who are Strax's investors?
Strax has 1 investor. Key investors include Novestra.