About System TM
System TM is a company based in Odder (Denmark) founded in 1977 was acquired by HOMAG in October 2020.. The company has 205 employees as of February 29, 2024.
- Headquarter Odder, Denmark
- Employees 205 as on 29 Feb, 2024
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Funding Insights of System TM
| 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 System TM
System TM has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HOMAG. 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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Woodworking machinery and systems are manufactured globally by HOMAG.
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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 System TM
| 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 - System TM
| 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 |
System Tm Comparisons
Competitors of System TM
| 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 System TM
When was System TM founded?
System TM was founded in 1977.
Where is System TM located?
System TM is headquartered in Odder, Denmark.
Who is the current CEO of System TM?
Jan Jensen Samuelsen is the current CEO of System TM.
How many employees does System TM have?
As of Feb 29, 2024, the latest employee count at System TM is 205.
What does System TM do?
System TM was founded in 1977 and is based in Odder, Denmark. Operations center on the industrial automation sector, where handling systems are designed, developed, and automated for various applications. Services include custom engineering solutions tailored to client needs in manufacturing and logistics. The company serves international markets from its Danish headquarters, with leadership provided by CEO Jan Jensen Samuelsen.
Who are System TM's investors?
System TM has 1 investor. Key investors include HOMAG.