About TEC Systems
TEC Systems is a company based in Kaiserslautern (Germany) founded in 1998 was acquired by ALZURA in July 2024.. TEC Systems operates in a competitive market with competitors including UST, NTT DATA, Happiest Minds, Mavenir and Persistent, among others.
- Headquarter Kaiserslautern, Germany
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Sectors
Technology
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Email
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Phone
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Website
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Funding Insights of TEC Systems
| 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 TEC Systems
TEC Systems has secured backing from 1 investor. Prominent investors backing the company include ALZURA. 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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Provides a SaaS-based management system for automotive dealerships.
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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 TEC Systems
| 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 - TEC Systems
| 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 |
Tec Systems Comparisons
Competitors of TEC Systems
TEC Systems 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 UST, NTT DATA, Happiest Minds, Mavenir and Persistent, 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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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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IT outsourcing services are delivered across multiple business lines.
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Multi-access edge networking computing platform is provided for mobile services.
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IT consulting, data analytics, and digital transformation services are provided.
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IT and management consultancy services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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Frequently Asked Questions about TEC Systems
When was TEC Systems founded?
TEC Systems was founded in 1998.
Where is TEC Systems located?
TEC Systems is headquartered in Kaiserslautern, Germany. It is registered at Kaiserslautern, Rheinland-pfalz, Germany.
What does TEC Systems do?
TEC Systems was established in 1998 in Kaiserslautern, Germany, focusing on information technology services. Cloud solutions, software development, and related offerings are delivered to clients across sectors. Operations are centered in Germany, with emphasis on technical expertise and project management. The company is led by Managing Director Claudius Debold, ensuring structured service provision in a competitive market.
Who are the top competitors of TEC Systems?
TEC Systems's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Who are TEC Systems's investors?
TEC Systems has 1 investor. Key investors include ALZURA.
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