About Tribosonics
Tribosonics is a company based in Sheffield (United Kingdom) founded in 2006 by Phil Harper.. Tribosonics has raised $6.71 million across 4 funding rounds from investors including Mercia, Mercia and Northern Powerhouse Investment Fund. The company has 18 employees as of December 31, 2019. Tribosonics offers products and services including acoustoSENSE™ and polymerSENSE®. Tribosonics operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.
- Headquarter Sheffield, United Kingdom
- Employees 18 as on 31 Dec, 2019
- Founders Phil Harper
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Sectors
TechnologyEnergy & Utilities Business Services Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Tribosonics Ltd
- Date of Incorporation 15 Mar, 2006
- Jurisdiction SHEFFIELD, SOUTH YORKSHIRE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.71 M (USD)
in 4 rounds
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Latest Funding Round
$1.88 M (USD), Seed
Dec 14, 2023
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Investors
Mercia
& 3 more
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Employee Count
18
as on Dec 31, 2019
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Products & Services of Tribosonics
Tribosonics offers a comprehensive portfolio of products and services, including acoustoSENSE™ and polymerSENSE®. 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.
Monitors film thickness and wear in industrial processes.
Measures contact pressure and load for engineering applications.
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Funding Insights of Tribosonics
Tribosonics has successfully raised a total of $6.71M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.88 million completed in December 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 4
- Last Round Seed — $1.9M
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First Round
First Round
(17 Sep 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Tribosonics | Valuation |
investors |
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| May, 2022 | Amount | Seed - Tribosonics | Valuation | Mercia |
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| Jun, 2021 | Amount | Seed - Tribosonics | Valuation | Northern Powerhouse Investment Fund |
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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 Tribosonics
Tribosonics has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Mercia, Mercia and Northern Powerhouse Investment Fund. 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 debt is extended to early-stage companies and SMEs.
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Founded Year | Domain | Location | |
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Investment management services are provided by Mercia to various clients.
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Founded Year | Domain | Location | |
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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 Tribosonics
| 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 - Tribosonics
| 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 |
Tribosonics Comparisons
Competitors of Tribosonics
Tribosonics 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, Signify, Danfoss, Landis+Gyr and MRI Software, 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 connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Provider of solutions for energy monitoring for residential building
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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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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 Tribosonics
Frequently Asked Questions about Tribosonics
When was Tribosonics founded?
Tribosonics was founded in 2006 and raised its 1st funding round 14 years after it was founded.
Where is Tribosonics located?
Tribosonics is headquartered in Sheffield, United Kingdom. It is registered at Sheffield, England, United Kingdom.
Who is the current CEO of Tribosonics?
Phil Harper is the current CEO of Tribosonics. They have also founded this company.
Is Tribosonics a funded company?
Tribosonics is a funded company, having raised a total of $6.71M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.56M, raised on Sep 17, 2020.
How many employees does Tribosonics have?
As of Dec 31, 2019, the latest employee count at Tribosonics is 18.
What does Tribosonics do?
Developer of end-to-end sensing products for industrial and energy technology sectors. It provides embedded and non-intrusive sensing products that deliver insightful and actionable data. The companys technology enables customers to gain visibility into previously hidden areas of their processes and assets. The firm develops sensing technologies that provide a high level of information density, leading to a more complete understanding of industrial systems. It embeds sensing technology into equipment or components to monitor process and condition, measure load, speed, lubrication, and wear.
Who are the top competitors of Tribosonics?
Tribosonics's top competitors include Particle, Landis+Gyr and Danfoss.
What products or services does Tribosonics offer?
Tribosonics offers acoustoSENSE™ and polymerSENSE®.
Who are Tribosonics's investors?
Tribosonics has 4 investors. Key investors include Mercia, Mercia, Northern Powerhouse Investment Fund, and Merica.