About Symeo
Symeo is a company based in Munchen (Germany) founded in 2005 was acquired by Analog Devices in March 2018.. Symeo offers products and services including LPR®-1DHP-350, LPR®-1DHP-291, LPR®-1D24, Collision Control Center, and LPR®-SAFE. Symeo operates in a competitive market with competitors including Samsara, Spireon, Inseego, EquipmentShare and Fleet Complete, among others.
- Headquarter Munchen, Germany
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Sectors
Transportation, Automotive & LogisticsTechnology Industrial Goods & Manufacturing
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- Legal Name Symeo Gmbh
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Annual Revenue
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Acquired by
Analog Devices
(Mar 08, 2018)
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Products & Services of Symeo
Symeo offers a comprehensive portfolio of products and services, including LPR®-1DHP-350, LPR®-1DHP-291, LPR®-1D24, Collision Control Center, and LPR®-SAFE. 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.
Provides precise distance measurements for short to medium ranges.
Offers robust distance measurements in millimeter range.
Enables reliable distance measurement and data transmission.
Manages collision avoidance for cranes and industrial equipment.
Delivers secure distance measurement for safety-critical applications.
Funding Insights of Symeo
| 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 Symeo
Symeo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Analog Devices. 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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Analog, mixed-signal, and digital signal processing ICs are manufactured.
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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 Symeo
| 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 - Symeo
| 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 |
Symeo Comparisons
Competitors of Symeo
Symeo 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 Samsara, Spireon, Inseego, EquipmentShare and Fleet Complete, 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-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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SaaS-enabled solutions for fleet and field service management are offered.
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| domain | founded_year | HQ Location |
IoT networking hardware and device management platforms are provided.
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| domain | founded_year | HQ Location |
Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
Fleet, asset, and mobile workforce management solutions are provided.
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Usage-based data monitoring solutions for the auto insurance industry
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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 Symeo
Frequently Asked Questions about Symeo
When was Symeo founded?
Symeo was founded in 2005.
Where is Symeo located?
Symeo is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
What does Symeo do?
Symeo was founded in 2005 in Munich, Germany, where radar-based positioning systems are developed for industrial and outdoor collision avoidance. Sensors relying on GPS or GNSS signals are also produced to determine absolute positions with cm-level accuracy via a patented LPR measurement technique. Applications include distance measurement, telemetry, and environmental monitoring within the sensing technology sector.
Who are the top competitors of Symeo?
Symeo's top competitors include Samsara, EquipmentShare and Inseego.
What products or services does Symeo offer?
Symeo offers LPR®-1DHP-350, LPR®-1DHP-291, LPR®-1D24, Collision Control Center, and LPR®-SAFE.
Who are Symeo's investors?
Symeo has 1 investor. Key investors include Analog Devices.