About TouchByte
TouchByte is a company based in Penryn (United Kingdom) founded in 2015 was acquired by Salto Systems in April 2023.. The company has 4 employees as of December 31, 2021. TouchByte offers products and services including Facentry, FaceOS, and Facestream. TouchByte operates in a competitive market with competitors including Megvii, Unico, Chooch, Evrotrust and Oosto, among others.
- Headquarter Penryn, United Kingdom
- Employees 4 as on 31 Dec, 2021
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Phone
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Website
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Social
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- Legal Name Touchbyte Ltd
- Date of Incorporation 03 Jan, 2012
- Jurisdiction FALMOUTH, CORNWALL
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Gov.uk
& 1 more
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Employee Count
4
as on Dec 31, 2021
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Acquired by
Salto Systems
(Apr 26, 2023)
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Products & Services of TouchByte
TouchByte offers a comprehensive portfolio of products and services, including Facentry, FaceOS, and Facestream. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facial recognition for secure entry into buildings and spaces
Platform for enrolling faces and managing access controls
Captures demographic data for business insights on entries
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Funding Insights of TouchByte
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2020 | Amount | Grant - TouchByte | Valuation |
investors |
| 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 TouchByte
TouchByte has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Gov.uk and Salto Systems. 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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Online government services and information are provided to users.
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Electronic access control systems are manufactured for scalable lock management.
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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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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 TouchByte
| 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 - TouchByte
| 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 |
Touchbyte Comparisons
Competitors of TouchByte
TouchByte 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 Megvii, Unico, Chooch, Evrotrust and Oosto, 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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| domain | founded_year | HQ Location |
Facial recognition and AI video analysis solutions are provided.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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Generative computer vision solutions are offered for video stream analysis.
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| domain | founded_year | HQ Location |
AI-based identity verification and electronic signing are provided for businesses.
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| domain | founded_year | HQ Location |
AI-powered video analytics systems are provided for security and operations.
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| domain | founded_year | HQ Location |
Provider of biometric and cryptographic solutions for secure transactions and identity
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Touchbyte
Frequently Asked Questions about TouchByte
When was TouchByte founded?
TouchByte was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is TouchByte located?
TouchByte is headquartered in Penryn, United Kingdom. It is registered at Penryn, Cornwall, United Kingdom.
How many employees does TouchByte have?
As of Dec 31, 2021, the latest employee count at TouchByte is 4.
What does TouchByte do?
TouchByte was founded in 2015 and is based in Penryn, United Kingdom. Operations focus on the biometric technology sector, where a platform delivers image recognition services. User images are captured and processed irreversibly into numerical data, including measurements of distances between eyes, nose, and overall face shape. This enables identification and verification functionalities across various applications.
Who are the top competitors of TouchByte?
What products or services does TouchByte offer?
TouchByte offers Facentry, FaceOS, and Facestream.
Who are TouchByte's investors?
TouchByte has 2 investors. Key investors include Gov.uk, and Salto Systems.