About Treon
Treon is a company based in Tampere (Finland) founded in 2016.. Treon has raised $7.03 million across 2 funding rounds from investors including Ventech. Treon offers products and services including Treon Connect, Treon Industrial Node X, Treon Gateway, and Treon Industrial Node C. Treon operates in a competitive market with competitors including EnOcean, pSemi, Sagemcom, Libelium and SAUTER, among others.
- Headquarter Tampere, Finland
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.03 M (USD)
in 2 rounds
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Latest Funding Round
$5.91 M (USD), Series A
Sep 06, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Treon
Treon offers a comprehensive portfolio of products and services, including Treon Connect, Treon Industrial Node X, Treon Gateway, and Treon Industrial Node C. 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.
Platform for optimizing physical operations with real-time data.
Wireless sensor for condition monitoring in industrial settings.
Device for data collection and network formation in IoT systems.
Sensor for industrial applications in monitoring and automation.
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Funding Insights of Treon
Treon has successfully raised a total of $7.03M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.91 million completed in September 2023. 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 — $5.9M
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First Round
First Round
(07 May 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2023 | Amount | Series A - Treon | Valuation | Ventech |
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| May, 2019 | Amount | Seed - Treon | Valuation | Ventech |
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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 Treon
Treon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ventech. 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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Early-stage funding is provided to innovative founders by Ventech.
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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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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 Treon
| 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 - Treon
| 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 |
Treon Comparisons
Competitors of Treon
Treon 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 EnOcean, pSemi, Sagemcom, Libelium and SAUTER, 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 |
Energy-harvesting wireless technology is developed for automation and sensing applications.
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| domain | founded_year | HQ Location |
Mixed signal communications circuits
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| domain | founded_year | HQ Location |
Provider of IoT gateways and smart energy meters
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| domain | founded_year | HQ Location |
Provider of cloud-based open-source wireless sensor fusion systems
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| domain | founded_year | HQ Location |
IoT-based building automation solutions are provided for environmental control.
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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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| 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 Treon
Frequently Asked Questions about Treon
When was Treon founded?
Treon was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Treon located?
Treon is headquartered in Tampere, Finland.
Is Treon a funded company?
Treon is a funded company, having raised a total of $7.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.12M, raised on May 07, 2019.
What does Treon do?
TREON is a Finnish startup that develops Internet of Things enabled wireless devices and hardware for applications in smart buildings, asset management, and in industrial settings. It offers a gateway device which is an edge computing hardware that can connect a mesh of sensor devices to any cloud platform. It also offers wireless nodes which are essentially battery-operated sensor devices that operate in a mesh network and can measure parameters like indoor environmental and air quality, the condition of rotating equipment, such as pumps, by measuring equipment vibration and surface temperature.
What products or services does Treon offer?
Treon offers Treon Connect, Treon Industrial Node X, Treon Gateway, and Treon Industrial Node C.
Who are Treon's investors?
Treon has 1 investor. Key investors include Ventech.
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