Treon

Tampere, Finland Founded: 2016 • Age: 10 yrs
Developer of IoT enabled wireless hardware devices for industrial applications
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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
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.03 M (USD)

    in 2 rounds

  • Latest Funding Round
    $5.91 M (USD), Series A

    Sep 06, 2023

  • Investors
  • 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.

Primary

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.

People of Treon
Headcount 10-50
Employee Profiles 25
Employee Profiles
People
Mika Sipola
Senior Program Manager
People
Kagan Özkan
Sales Manager
People
Pirkka Rannikko
Product Manager
People
Wolfgang Reschka
Customer Lifecycle Manager

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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 Rounds 2
  • Last Round Series A — $5.9M
  • First Round

    (07 May 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Series A - Treon Valuation Ventech
May, 2019 Amount Seed - Treon Valuation Ventech
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 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage funding is provided to innovative founders by Ventech.
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 Treon

Investments
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 - Treon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Treon Comparisons

Employees
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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.

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IoT-based building automation solutions are provided for environmental control.
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.

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.

Who are the top competitors of Treon?

Treon's top competitors include EnOcean, Sagemcom and pSemi.

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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