About TouchTech
TouchTech is a company based in Goteborg (Sweden) founded in 2008.. TouchTech has raised $4.4 million across 2 funding rounds from investors including Heartland and Almi Invest. TouchTech offers products and services including Touchtech Platform, Wholesale Tools, and Retail Tools. TouchTech operates in a competitive market with competitors including Creative Realities, PRN Corp, Invenda, RMG Networks and Advertima, among others.
- Headquarter Goteborg, Sweden
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Touchtech Ab
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Annual Revenue
$2.12 M (USD)4.76as on Dec 31, 2024
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Net Profit
$712.6 K (USD)729.87as on Dec 31, 2024
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EBITDA
$680.87 K (USD)206.23as on Dec 31, 2024
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Total Equity Funding
$4.4 M (USD)
in 2 rounds
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Latest Funding Round
$4.4 M (USD), Series A
Nov 26, 2021
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Investors
Heartland
& 1 more
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Employee Count
Employee Count
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Products & Services of TouchTech
TouchTech offers a comprehensive portfolio of products and services, including Touchtech Platform, Wholesale Tools, and Retail Tools. 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.
Software for automating sales tasks in fashion retail.
Tools to streamline wholesale sales presentations and operations.
Assistance for in-store sales and customer interactions.
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Funding Insights of TouchTech
TouchTech has successfully raised a total of $4.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.4 million completed in November 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 A — $4.4M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series A - TouchTech | Valuation | Heartland |
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| Jun, 2014 | Amount | Series A - TouchTech | Valuation | Almi Invest |
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| 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 |
Investors in TouchTech
TouchTech has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Heartland and Almi Invest. 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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Private equity investments are directed toward multiple sectors by Heartland.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by corporate-backed Almi Invest.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TouchTech
| 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 - TouchTech
| 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 |
Touchtech Comparisons
Competitors of TouchTech
TouchTech 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 Creative Realities, PRN Corp, Invenda, RMG Networks and Advertima, 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 |
Digital interactive signage is supplied to retailers and brands.
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| domain | founded_year | HQ Location |
Advertising and marketing solutions for retailers and brands in-store using digital signage
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| domain | founded_year | HQ Location |
Cloud-based digital signage solutions for vending machine advertising are provided.
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| domain | founded_year | HQ Location |
Digital advertising media and signage technology solutions are provided.
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| domain | founded_year | HQ Location |
Cloud and AI based solutions for transforming shoppers into retail media audiences
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Touchtech
Frequently Asked Questions about TouchTech
When was TouchTech founded?
TouchTech was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Where is TouchTech located?
TouchTech is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Is TouchTech a funded company?
TouchTech is a funded company, having raised a total of $4.4M across 2 funding rounds to date.
What is the annual revenue of TouchTech?
Annual revenue of TouchTech is $2.12M as on Dec 31, 2024.
What does TouchTech do?
TouchTech was founded in 2008 in Gothenburg, Sweden, within the digital signage sector. Software solutions are provided to offline retailers for creating, managing, and distributing digital content across screens via PCs, tablets, and smartphones. Broadcast timings are scheduled by users. Touchtech Vendo is offered to facilitate online product sales for physical stores. Installation services are also delivered to support implementation.
Who are the top competitors of TouchTech?
TouchTech's top competitors include Advertima, The Looma Project and Creative Realities.
What products or services does TouchTech offer?
TouchTech offers Touchtech Platform, Wholesale Tools, and Retail Tools.
Who are TouchTech's investors?
TouchTech has 2 investors. Key investors include Heartland, and Almi Invest.