About Techlantic
Techlantic is a company based in Oakville (Canada) founded in 1983 by Tom van Essen and Wouter van Essen was acquired by TRADE X in September 2021.. Techlantic has raised $45 million across 2 funding rounds from investors including Aimia, EchoVC Partners and Frontier Ventures. The company has 6 employees as of December 31, 2024. Techlantic operates in a competitive market with competitors including Plasman, Ranger Design, FortNine, Vast-Auto Distribution and Automotive Properties REIT, among others.
- Headquarter Oakville, Canada
- Employees 6 as on 31 Dec, 2024
- Founders Tom van Essen, Wouter van Essen
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
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
Funding Insights of Techlantic
Techlantic has successfully raised a total of $45M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in August 2021. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $10.0M
-
First Round
First Round
(01 Jul 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series B - Techlantic | Valuation | EchoVC Partners , Frontier Ventures | |
| Jul, 2021 | Amount | Series B - Techlantic | Valuation | Aimia |
|
| 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 |
Investors in Techlantic
Techlantic has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Aimia, EchoVC Partners and Frontier Ventures. 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 |
|---|---|---|---|---|
|
Tech focused Stage-Agnostic VC Firm investing in Sub-Saharan Africa and North America
|
Founded Year | Domain | Location | |
|
Frontier Ventures is focused on spreading the Gospel to least-reached peoples.
|
Founded Year | Domain | Location | |
|
Diversified operations are conducted across chemicals industries globally.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Techlantic
| 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 |
Financial Statements - Techlantic
| 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 |
Techlantic Comparisons
Competitors of Techlantic
Techlantic 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 Plasman, Ranger Design, FortNine, Vast-Auto Distribution and Automotive Properties REIT, 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 |
Automotive parts and accessories are manufactured by Plasman.
|
|
| domain | founded_year | HQ Location |
Fleet upfit solutions and vehicle organization systems are provided.
|
|
| domain | founded_year | HQ Location |
Bike gears and accessories are retailed online by FortNine.
|
|
| domain | founded_year | HQ Location |
Provider of automotive spare parts
|
|
| domain | founded_year | HQ Location |
Distributor of automotive parts and real estate investment trust
|
| 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.
|
Frequently Asked Questions about Techlantic
When was Techlantic founded?
Techlantic was founded in 1983 and raised its 1st funding round 38 years after it was founded.
Where is Techlantic located?
Techlantic is headquartered in Oakville, Canada. It is registered at Oakville, Ontario, Canada.
Is Techlantic a funded company?
Techlantic is a funded company, having raised a total of $45M across 2 funding rounds to date. The company's 1st funding round was a Series B of $35M, raised on Jul 01, 2021.
How many employees does Techlantic have?
As of Dec 31, 2024, the latest employee count at Techlantic is 6.
What does Techlantic do?
Techlantic was established in 1983 in Oakville, Canada, by founders Tom and Wouter van Essen. Automotive aftermarket accessories are produced by the company, with operations centered on the automotive sector. Management is handled by Managing Directors Eric van Essen and Robin Jones. Focus is placed on manufacturing components for vehicle customization and repair, serving markets in North America through established distribution channels.
Who are the top competitors of Techlantic?
Techlantic's top competitors include Ranger Design, Automotive Properties REIT and Parts for Trucks.
Who are Techlantic's investors?
Techlantic has 5 investors. Key investors include Aimia, EchoVC Partners, Frontier Ventures, unknown, and TRADE X.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.