About Telcred
Telcred is a company based in Stockholm (Sweden) founded in 2009. Telcred has raised $726.94 thousand across 3 funding rounds from investors including Vinnova, Erik Byrenius and Niclas Lilja. Telcred operates in a competitive market with competitors including Particle, ecobee, Assa Abloy, MRI Software and Openpath, among others.
- Headquarter Stockholm, Sweden
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Sectors
TechnologyIndustrial Goods & Manufacturing Business Services Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Telcred Ab
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Annual Revenue
$64.81 K (USD)221as on Dec 31, 2020
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Net Profit
-$228.53 K (USD)20as on Dec 31, 2020
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EBITDA
Not available
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Total Equity Funding
$726.94 K (USD)
in 3 rounds
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Latest Funding Round
$316.2 K (USD), Seed
May 19, 2015
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Investors
Vinnova
& 4 more
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Employee Count
Not available
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People of Telcred
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Funding Insights of Telcred
Telcred has successfully raised a total of $726.94K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $316.2 thousand completed in May 2015. 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.
Investors in Telcred
Telcred has secured backing from 5 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Vinnova, Erik Byrenius and Niclas Lilja.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by corporate-backed Almi Invest.
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Venture capital funding is provided to Swedish companies across sectors.
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Innovationsbron is operated as a platform for sharing innovation insights.
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Locked | Locked | Locked |
Investor details for Telcred
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Investments & Acquisitions by Telcred
Investment portfolio details for Telcred
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Financial Statements - Telcred
Detailed financials for Telcred
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Telcred Comparisons
Peer comparison for Telcred
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Competitors of Telcred
Telcred 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 Particle, ecobee, Assa Abloy, MRI Software and Openpath, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT connectivity platform from prototype to production is developed.
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| Locked | Locked | Locked |
Provider of smart thermostats for commercial and residential applications
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| Locked | Locked | Locked |
Provider of cloud-based access control systems
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| Locked | Locked | Locked |
Property management software is provided for residential and commercial properties.
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| Locked | Locked | Locked |
Cloud-based access control systems with mobile credentials are provided.
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| Locked | Locked | Locked |
End-to-end energy management solutions are provided for utilities worldwide.
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Detailed competitors of Telcred
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Latest news on Telcred
Complete news archive for Telcred
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Frequently Asked Questions about Telcred
Telcred was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Telcred is headquartered in Stockholm, Sweden.
Telcred is a funded company, having raised a total of $726.94K across 3 funding rounds to date.
Annual revenue of Telcred is $64.81K as on Dec 31, 2020.
Telcred was founded in 2009 as a spinoff from the Swedish Institute of Computer Science in Stockholm, Sweden. Offline physical access control systems are offered, relying on NFC technology and PKI for security. Time-limited digital keys are transmitted to NFC-enabled phones or contactless smart cards to enable access. Solutions are applied mainly in infrastructure sectors, including telecom operators, power utilities, and public transportation providers.
Telcred has 5 investors. Key investors include Vinnova, Erik Byrenius, Niclas Lilja, Almi Invest, and Innovationsbron.