About Tantalum
Tantalum is a Transportation, Automotive & Logistics company based in Uxbridge (United Kingdom) founded in 2013. It operates as a connected vehicle technologies for fleet management and recovery are provided. Tantalum has raised $14.23 million across 2 funding rounds from investors including Disruptive Capital. The company has 146 employees. Tantalum has completed 1 acquisition, including Springworks. Its focus areas include Connected Vehicles, Connected Car Platform, Data Platform and Auto Tech. Its legal entity is TANTALUM CORPORATION LIMITED. Its competitors include Samsara, Platform Science, Mojio, Wright Express and Radius and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Tantalum was established in 2013 through the acquisition of Tracker Network by Lysanda Corporation in the UK, with the entities subsequently merged. Stolen vehicle recovery services are enhanced, while fleet and insurance technology solutions are expanded. Funding for the acquisition was secured from Lysandas investors, such as the Sustainable Technology Fund, Rockhopper Investments, and Disruptive Capital Finance LLP. Operations are conducted from Uxbridge, United Kingdom, in the connected vehicle sector.
- Headquarters Uxbridge, United Kingdom
- Employees 146
- SectorsTransportation, Automotive & Logistics
- Website tantalumcorporation.com
- Legal Name Tantalum Corporation Limited
- Date of Incorporation 11 Mar, 2014
- Jurisdiction LONDON
- Annual Revenue$15 M (USD)-5as on Dec 31, 2017
- Net Profit-$12.52 M (USD)-38as on Dec 31, 2017
- EBITDA-$12.74 M (USD)-25as on Dec 31, 2017
- Total Equity Funding$14.23M (USD)
in 2 rounds
- Latest Funding Round$3.36M (USD), Series A
Sep 2017
- Investors
- Employee Count146
- Investments & Acquisitions
Funding Insights of Tantalum
Tantalum has successfully raised a total of $14.23M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.36 million completed in September 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $14.23M
- Total Rounds 2
- Last Round Series A — $3.36M
- First Round $10.86M
(Feb 2017)
- Investors Count 1
All 2 funding rounds of Tantalum 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 |
|---|---|---|---|---|---|
| Sep 2017 | $3.36M | Series A | – | Disruptive Capital | – |
| Feb 2017 | $10.86M | Series B | – | – | – |
1 investors in total: 1 institutional.
Investors in Tantalum
Tantalum has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Disruptive Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Disruptive Capital is engaged in sourcing and managing opportunistic investments. | – | disruptivecapital.com | St Peter Port, Guernsey |
Investor details for Tantalum
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Investments & Acquisitions by Tantalum
Tantalum has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Springworks.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
M2M platforms and fleet management solutions for vehicles are provided. | springworks.se | Stockholm, Sweden | 2007 | Nov 2018 | $17.7M |
Complete acquisition details for Tantalum
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Timeline of Tantalum
4 dated milestones of Tantalum across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Tantalum is founded.
- Funding First funding round of $10.9M.
- Funding Latest funding round, Series A, of $3.4M.
- Acquisition Acquires Springworks.
Competitors of Tantalum
Tantalum has 10 listed competitors in our database, 7 of them funded. They include Samsara, Platform Science, Mojio, Wright Express and Radius, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| samsara.com | 2015 | San Francisco, United States | $915M | 2,895 | AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | |
| platformscience.com | 2014 | San Diego, United States | $293.07M | 226 | Provider of integrated solutions for fleet management | |
| moj.io | 2012 | Vancouver, Canada | $80.62M | – | Cloud-connected device and platform for cars | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| radius.com | 1990 | San Francisco, United States | $332.76M | – | Predictive marketing and sales platform | |
| omnitracs.com | 1985 | Dallas, United States | – | 999 | Cloud-based fleet management solutions are provided for transportation operations. | |
| fleetmatics.com | 2003 | Waltham, United States | $108M | 779 | Fleet management solutions are provided for tracking and optimization needs. | |
| telenav.com | 1999 | Sunnyvale, United States | $30M | 163 | Connected car platforms and navigation solutions are provided by Telenav. | |
| comdata.com | 1969 | Brentwood, United States | – | – | Fleet management and payment processing solutions are provided. | |
| loconav.com | 2016 | Wilmington, United States | $46.52M | 177 | Platform offering fleet management for businesses |
Detailed competitors of Tantalum
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Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as Tantalum (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Tantalum
Tantalum was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Tantalum is headquartered in Uxbridge, United Kingdom. It is registered at Uxbridge, Greater London, United Kingdom.
Tantalum is a funded company, having raised a total of $14.23M across 2 funding rounds to date. The company's 1st funding round was a Series B of $10.86M, raised on Feb 2017.
Tantalum has 146 employees.
Annual revenue of Tantalum is $15M as on Dec 31, 2017.
Tantalum was established in 2013 through the acquisition of Tracker Network by Lysanda Corporation in the UK, with the entities subsequently merged. Stolen vehicle recovery services are enhanced, while fleet and insurance technology solutions are expanded. Funding for the acquisition was secured from Lysandas investors, such as the Sustainable Technology Fund, Rockhopper Investments, and Disruptive Capital Finance LLP. Operations are conducted from Uxbridge, United Kingdom, in the connected vehicle sector.
Tantalum's top competitors include Samsara, Wright Express and Radius.
Tantalum has made 1 acquisition, including Springworks.
Tantalum has 1 investor. Key investors include Disruptive Capital.
Tantalum operates through Tantalum Corporation Limited.