About Tynetec
Tynetec is a company based in Cramlington (United Kingdom) founded in 2000 was acquired by Legrand UK & Ireland in December 2013.. Tynetec offers products and services including At Home Alarms, Telecare Devices, and Grouped Living Solutions. Tynetec operates in a competitive market with competitors including Ekso Bionics, SafelyYou, Vayyar, CarePredict and Eversound, among others.
- Headquarter Cramlington, United Kingdom
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Sectors
HealthcareTechnology
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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 Legrand Electric Limited
- Date of Incorporation 16 May, 1911
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Annual Revenue
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Legrand UK & Ireland
(Dec 02, 2013)
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Products & Services of Tynetec
Tynetec offers a comprehensive portfolio of products and services, including At Home Alarms, Telecare Devices, and Grouped Living Solutions. 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.
Modern units for home security and emergency response in care settings.
Devices tailored for user-specific health and safety monitoring needs.
Systems for retirement and extra care environments with call features.
Funding Insights of Tynetec
| 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 Tynetec
Tynetec has secured backing from 1 investor. Prominent investors backing the company include Legrand UK & Ireland. 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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Cable management, power distribution, and wiring devices are manufactured.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tynetec
| 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 - Tynetec
| 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 |
Tynetec Comparisons
Competitors of Tynetec
Tynetec 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 Ekso Bionics, SafelyYou, Vayyar, CarePredict and Eversound, 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 |
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Exoskeletons for medical rehabilitation and industrial productivity are provided.
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AI-based fall detection and prevention technology is provided for clinics.
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Developer of 4D imaging sensors for cancer detection and other devices
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Senior activities are monitored via AI wearables to detect anomalies.
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Wireless headphone systems for seniors with hearing loss are provided.
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Assistive aids for elderly are provided via non-wearable sensors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Tynetec
When was Tynetec founded?
Tynetec was founded in 2000.
Where is Tynetec located?
Tynetec is headquartered in Cramlington, United Kingdom. It is registered at Cramlington, Northumberland, United Kingdom.
What does Tynetec do?
Tynetec was founded in 2000 and is based in Cramlington, United Kingdom. Operations focus on the elderly care sector, where digital at-home alarms, telecare devices, and monitoring centre solutions are offered. Analogue systems and a cloud management portal are also provided to support care homes. These services enable remote monitoring and emergency response through integrated technology platforms.
Who are the top competitors of Tynetec?
Tynetec's top competitors include Ekso Bionics, SafelyYou and Nobi.
What products or services does Tynetec offer?
Tynetec offers At Home Alarms, Telecare Devices, and Grouped Living Solutions.
Who are Tynetec's investors?
Tynetec has 1 investor. Key investors include Legrand UK & Ireland.