About StrongPoint
StrongPoint is a company based in Asker (Norway) founded in 2002.. The company has 19 employees as of September 30, 2024. StrongPoint has completed 3 acquisitions, including Brand ID Hamari Group, PYD Seguridad and Vensafe. StrongPoint offers products and services including Order Picking, Grocery Lockers, Self-Checkout, Electronic Shelf Labels, and AutoStore. StrongPoint operates in a competitive market with competitors including RELEX, Zenput, Wasoko, Silo and Vendasta, among others.
- Headquarter Asker, Norway
- Employees 19 as on 30 Sep, 2024
-
Sectors
RetailTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$127.28 K (USD)-2as on Dec 31, 2023
-
Net Profit
$-3.24 K (USD)-218as on Dec 31, 2023
-
EBITDA
$-4.3 K (USD)-219as on Dec 31, 2023
-
Latest Funding Round
-
Investors
-
Employee Count
19
as on Sep 30, 2024
-
Investments & Acquisitions
Brand ID Hamari Group
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of StrongPoint
StrongPoint offers a comprehensive portfolio of products and services, including Order Picking, Grocery Lockers, Self-Checkout, Electronic Shelf Labels, and AutoStore. 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.
System for efficient online order selection in grocery retail.
Secure storage for customer pickups in retail environments.
Automated checkout tools for faster retail transactions.
Digital labels to update pricing in store operations.
Robotic system for automated storage and retrieval.
Unlock access to complete
Unlock access to complete
Funding Insights of StrongPoint
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by StrongPoint
StrongPoint has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Brand ID Hamari Group, PYD Seguridad and Vensafe. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cash management and security services are provided in Spain.
|
2013 | ||||
|
Retail support, project management, and mapping services are provided.
|
2006 | ||||
|
Technology-based anti-theft solutions for retail and FMCG sales are offered.
|
1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - StrongPoint
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Strongpoint Comparisons
Competitors of StrongPoint
StrongPoint 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 RELEX, Zenput, Wasoko, Silo and Vendasta, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Unified platform for retail and supply chain planning is offered.
|
|
| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
|
|
| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
|
|
| domain | founded_year | HQ Location |
Software suite solutions are provided for food distributor businesses.
|
|
| domain | founded_year | HQ Location |
All-in-one platform for companies selling digital solutions to local businesses
|
|
| domain | founded_year | HQ Location |
Cloud-based software suites are provided for retail businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Strongpoint
Frequently Asked Questions about StrongPoint
When was StrongPoint founded?
StrongPoint was founded in 2002.
Where is StrongPoint located?
StrongPoint is headquartered in Asker, Norway. It is registered at Asker, Viken, Norway.
How many employees does StrongPoint have?
As of Sep 30, 2024, the latest employee count at StrongPoint is 19.
What is the annual revenue of StrongPoint?
Annual revenue of StrongPoint is $127.28K as on Dec 31, 2023.
What does StrongPoint do?
StrongPoint was founded in 2002 and is headquartered in Asker, Norway. Operations focus on the grocery retail sector, where a platform delivers integrated solutions such as checkout and payment systems, electronic shelf labels, reshelving robots, logistics management, voice communication tools, and commerce management systems. These services support retail efficiency across various locations.
Who are the top competitors of StrongPoint?
StrongPoint's top competitors include RELEX, Wasoko and SPS Commerce.
What products or services does StrongPoint offer?
StrongPoint offers Order Picking, Grocery Lockers, Self-Checkout, Electronic Shelf Labels, and AutoStore.
How many acquisitions has StrongPoint made?
StrongPoint has made 3 acquisitions, including Brand ID Hamari Group, PYD Seguridad, and Vensafe.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.