About VEBITS
VEBITS is a company based in Singapore (Singapore) founded in 2017 by Marcus Chen. VEBITS has raised $604.86 thousand across 1 funding round from investors including SGInnovate. VEBITS operates in a competitive market with competitors including Cambridge Mobile Telematics, Aptiv, Eatron, ESCORT and Light, among others.
- Headquarter Singapore, Singapore
- Founders Marcus Chen
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Vebits Ai Pte. Limited
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Annual Revenue
$423.37 K (USD)442as on Dec 31, 2021
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Net Profit
$149.69 K (USD)28193as on Dec 31, 2021
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EBITDA
Not available
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Total Equity Funding
$604.86 K (USD)
in 1 rounds
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Latest Funding Round
$604.86 K (USD), Seed
Jan 17, 2018
- Investors
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Employee Count
Not available
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Funding Insights of VEBITS
VEBITS has successfully raised a total of $604.86K through 1 strategic funding round. The most recent funding activity was a Seed round of $604.86 thousand completed in January 2018. 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.
Investors in VEBITS
VEBITS has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SGInnovate.
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Early-stage deep tech startups are funded by SGInnovate in Singapore.
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Investor details for VEBITS
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Investments & Acquisitions by VEBITS
Investment portfolio details for VEBITS
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Financial Statements - VEBITS
Detailed financials for VEBITS
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Vebits Comparisons
Peer comparison for VEBITS
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Competitors of VEBITS
VEBITS 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 Cambridge Mobile Telematics, Aptiv, Eatron, ESCORT and Light, among others.
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Usage-based data monitoring solutions for the auto insurance industry
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SaaS-based self-driving solutions for autonomous vehicles
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AI-enabled battery management and motion control systems are developed.
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Driver alert systems are offered via hardware and software solutions.
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Developer of a tech-enabled platform offering camera-enabled perception solution for autonomous vehicles
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Vehicle diagnostics solutions are delivered via a SaaS-based OBD platform.
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Detailed competitors of VEBITS
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Latest news on Vebits
Complete news archive for VEBITS
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Frequently Asked Questions about VEBITS
VEBITS was founded in 2017 and raised its 1st funding round 1 year after it was founded.
VEBITS is headquartered in Singapore, Singapore.
VEBITS is a funded company, having raised a total of $604.86K across 1 funding round to date.
Annual revenue of VEBITS is $423.37K as on Dec 31, 2021.
VEBITS is focused on developing AI-based safe driving transportation technologies for both manned unmanned vehicles. The company utilizes computer vision, deep learning, and big data to learn how drivers negotiate traffic in different regions situations. Its offerings include a complete situational awareness system with a real-time 360-degree video feed, driver behavior monitoring system, geospatial big data, and traffic intelligence surveys.
VEBITS's top competitors include Cambridge Mobile Telematics, Eatron and EasyRain.
VEBITS has 1 investor. Key investors include SGInnovate.