About TrueNorth Avionics
TrueNorth Avionics is a company based in Ottawa (Canada) founded in 2006 was acquired by Satcom Direct in October 2016.. TrueNorth Avionics operates in a competitive market with competitors including Inmarsat, Gogo, SmartSky Networks, Immfly and Netskrt, among others.
- Headquarter Ottawa, Canada
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Sectors
Technology
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Email
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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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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Satcom Direct
(Oct 31, 2016)
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Funding Insights of TrueNorth Avionics
| 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 TrueNorth Avionics
TrueNorth Avionics has secured backing from 1 investor. Prominent investors backing the company include Satcom Direct. 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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Inflight connectivity and entertainment solutions are provided for aviation.
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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 TrueNorth Avionics
| 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 - TrueNorth Avionics
| 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 |
Truenorth Avionics Comparisons
Competitors of TrueNorth Avionics
TrueNorth Avionics 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 Inmarsat, Gogo, SmartSky Networks, Immfly and Netskrt, 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 |
Satellite-based communication services for data and voice are provided globally.
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| domain | founded_year | HQ Location |
In-flight connectivity and entertainment solutions are provided for airlines.
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| domain | founded_year | HQ Location |
LTE-based in-flight connectivity solutions are provided for aviation use.
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| domain | founded_year | HQ Location |
Inflight platform offering media content and eCommerce to travellers during flights through their PEDs
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| domain | founded_year | HQ Location |
Cloud and IOT enabled on-board connectivity solutions for transit operators
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| domain | founded_year | HQ Location |
Provides entertainment systems tailored for in-flight experiences on airplanes.
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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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Frequently Asked Questions about TrueNorth Avionics
When was TrueNorth Avionics founded?
TrueNorth Avionics was founded in 2006.
Where is TrueNorth Avionics located?
TrueNorth Avionics is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
What does TrueNorth Avionics do?
TrueNorth Avionics, a subsidiary of Satcom Direct, was founded in 2006 in Ottawa, Canada. In-flight communications systems are developed and provided for airline passengers within the avionics sector. The CONNECT.AERO product is utilized to deliver internet connectivity during flights via a hybrid cloud approach. Compression, acceleration, and bonding technologies are integrated to maintain consistent access. Operations focus on enhancing passenger connectivity solutions geographically centered in Canada.
Who are the top competitors of TrueNorth Avionics?
TrueNorth Avionics's top competitors include Inmarsat, Gogo and SmartSky Networks.
Who are TrueNorth Avionics's investors?
TrueNorth Avionics has 1 investor. Key investors include Satcom Direct.