About Stresstech
Stresstech is a company based in Jyvaskyla (Finland) founded in 1984, and was acquired by Nova Ventures in April 2017. Inspection instruments for multiple industries are manufactured. The company has 3 employees. Its chief executive, as recorded, is Lasse Suominen. Its website stresstech.com draws about 11 thousand monthly visits. Its Indian entity Stresstech Bharat Private Limited reported revenue of ₹1.15 Cr. Stresstech offers products and services including Xstress DR45 and Barkhausen Noise Equipment.
Company details
Stresstech was established in 1984 in Jyvaskyla, Finland, as a manufacturer of inspection instruments. Operations are centered on producing equipment used across various sectors, including quality control and materials testing. Instruments are designed and supplied to support industrial inspection needs worldwide. Leadership is provided by CEO and President Lasse Suominen, with a focus on technical precision and reliability in products.
- Headquarters Jyvaskyla, Finland
- Employees 3
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website stresstech.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Nova Ventures (Apr 2017)
- Legal Name Stresstech Bharat Private Limited
- Date of Incorporation 01 Feb, 2010
- Jurisdiction Thane, Maharashtra, India
- Indian entity revenue₹1.15 Cr
FY 2019 · +14% YoY
- Indian entity net profit₹10.2 Lakh
FY 2019 · 9% margin
- Indian entity EBITDA₹13.8 Lakh
FY 2019 · 12% margin
- Latest Funding Round$119.84K (USD), Grant
Jul 2017
- InvestorsEuropean Union
& 1 more
- Employee Count3
- Acquired byNova Ventures
(Apr 2017)
Associated legal entities of Stresstech
Stresstech operates through Stresstech Bharat Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Stresstech Bharat Private Limited CIN U93000MH2010PTC199544 | Active | 01 Feb 2010 | Thane, Maharashtra | ₹1.1 Cr | 3 | 3 | View details |
Products & Services of Stresstech
Stresstech offers a comprehensive portfolio of products and services, including Xstress DR45 and Barkhausen Noise Equipment.
This device is employed for residual stress measurements in manufacturing, delivering high-quality data efficiently.
Equipment is used for non-destructive analysis of ferromagnetic materials in industrial settings.
Apps and channels of Stresstech
its YouTube channel Stresstech has 346 subscribers and 25 videos.
Videos from Stresstech
The most watched videos on Stresstech's YouTube channel, Stresstech (346 subscribers). Click a video to play it here.
More on Stresstech.
Funding Insights of Stresstech
- Total Rounds 2
- Last Round Grant — $119,838
- First Round $110,440
(Jan 2017)
- Investors Count 1
All 2 funding rounds of Stresstech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $119,838 | Grant | – | – | |
| Jan 2017 | $110,440 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Stresstech
Stresstech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Nova Ventures Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Executive management services are provided to affiliated instrumentation companies. | 2003 | novavg.com | Wakefield, United States |
Investor details for Stresstech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Stresstech Bharat Private Limited (Stresstech)
Stresstech Bharat Private Limited is the primary company behind Stresstech. The board of Stresstech Bharat Private Limited currently have 3 directors; the longest-serving is Amaresh Ajit Kumar Dandapat, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amaresh Ajit Kumar Dandapat DIN 02330750 | Director | 27 Jan 2015 | 11 yrs 9 mo | Stresstech Bharat Private Limited |
| Michael Anthony Larkin DIN 07799552 | Director | 25 Apr 2017 | 9 yrs 6 mo | Stresstech Bharat Private Limited |
| Janet Barbookles DIN 07799585 | Director | 25 Apr 2017 | 9 yrs 6 mo | Stresstech Bharat Private Limited |
People of Stresstech
1 people are tracked at Stresstech (1 in leadership); the tracked headcount is 3.
| Name | Role | Group |
|---|---|---|
| CEO & President | Leadership |
Complete people profiles for Stresstech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Stresstech
Figures of Stresstech Bharat Private Limited, the primary company behind Stresstech, for FY 2019. Revenue was ₹1.15 Cr (+14% year on year). Net profit was ₹10.2 Lakh (9% margin). EBITDA was ₹13.8 Lakh (12% margin). Revenue has grown at a compounded annual rate of +11% over three years.
- ₹1.15 CrRevenue · FY 2019 · +14% YoY
- ₹10.2 LakhNet profit · 9% margin
- ₹13.8 LakhEBITDA · 12% margin
- ₹25 LakhPaid-up capital
- 3Employees (provident fund records)
- +11%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Stresstech Bharat Private Limited are on its company page.
Detailed financial statements for Stresstech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Stresstech
4 dated milestones of Stresstech across 33 years, from founding to its latest funding, stage changes and deals.
- Founded Stresstech is founded.
- Funding First funding round of $110K.
- Exit Acquired by Nova Ventures.
- Funding Latest funding round, Grant, of $120K.
Web traffic of Stresstech
The website of Stresstech (stresstech.com) receives about 11.5K visits a month.
- Monthly visits11.5K
▼ 83.5% vs previous month
Websites whose visitors overlap most with Stresstech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| grinding.ch | 100% | #1,883,363 | View details | ||
ampdirectory.com | ampdirectory.com | 88% | #15,217,816 | – |
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Frequently Asked Questions about Stresstech
Stresstech was founded in 1984 and raised its 1st funding round 33 years after it was founded.
Stresstech is headquartered in Jyvaskyla, Finland.
Lasse Suominen is the CEO of Stresstech, as recorded in our data.
Stresstech has 3 employees.
The primary company behind Stresstech, Stresstech Bharat Private Limited, reported revenue of ₹1.15 Cr for FY 2019, up 14% year on year.
Stresstech was established in 1984 in Jyvaskyla, Finland, as a manufacturer of inspection instruments. Operations are centered on producing equipment used across various sectors, including quality control and materials testing. Instruments are designed and supplied to support industrial inspection needs worldwide. Leadership is provided by CEO and President Lasse Suominen, with a focus on technical precision and reliability in products.
Stresstech offers Xstress DR45 and Barkhausen Noise Equipment.
Stresstech has 2 investors. Key investors include European Union, and Nova Ventures Group.
Stresstech operates through Stresstech Bharat Private Limited.
Yes. Stresstech was acquired by Nova Ventures in April 2017.
The legal entities of Stresstech currently have 3 directors, including Amaresh Ajit Kumar Dandapat, Michael Anthony Larkin, Janet Barbookles.