About Vector
Vector is a company based in Stuttgart (Germany) founded in 1988 by Eberhard Hinderer, Helmut Schelling, and Martin Litschel. It operates as a Professional Services, and SaaS (Software-as-a-Service). Vector has raised $735.43 thousand across 2 funding rounds from investors including European Union. Vector has completed 7 acquisitions, including Arccore, Eyyes and Gimpel. Vector offers products and services including CANoe, PREEvision, and MICROSAR. Vector operates in a competitive market with competitors including Sonatus, Aeris, Airlinq, TTTech Auto and Silicon Mobility, among others.
- Headquarter Stuttgart, Germany
- Founders Eberhard Hinderer, Helmut Schelling, Martin Litschel
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Sectors
TechnologyTransportation, Automotive & Logistics
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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 Vector Informatik Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$735.43 K (USD)
in 2 rounds
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Latest Funding Round
$735.43 K (USD), Unspecified
Oct 11, 2023
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Arccore
& 6 more
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Products & Services of Vector
Vector offers a comprehensive portfolio of products and services, including CANoe, PREEvision, and MICROSAR. 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.
Software for testing and simulation of automotive systems.
Tool for model-based systems engineering in automotive.
Embedded software for automotive ECU development solutions.
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Funding Insights of Vector
Vector has successfully raised a total of $735.43K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $735.43 thousand completed in October 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 2
- Last Round Unspecified — $735,432
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First Round
First Round
(01 Jan 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2023 | Amount | Unspecified - Vector | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Vector | Valuation |
investors |
| 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 Vector
Vector has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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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 Vector
Vector has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Arccore, Eyyes and Gimpel. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
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AI-enabled video analytics systems are provided for multiple applications.
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2013 | ||||
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Collaborative dashboards for software project decision-making and monitoring are provided.
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2012 | ||||
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Provides software solutions for the design and simulation of automotive systems.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vector
| 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 |
Vector Comparisons
Competitors of Vector
Vector 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 Sonatus, Aeris, Airlinq, TTTech Auto and Silicon Mobility, 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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| domain | founded_year | HQ Location |
Cloud-enabled in-vehicle connectivity and data management solutions are provided.
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Secure, scalable IoT solutions are provided for diverse industries.
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IoT and SaaS-based provider of application development solutions for connected ecosystems
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| domain | founded_year | HQ Location |
Provider of software and hardware solutions for autonomous driver assistance and mobility
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| domain | founded_year | HQ Location |
Embedded system-on-chips are manufactured for automotive and related applications.
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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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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 Vector
Frequently Asked Questions about Vector
When was Vector founded?
Vector was founded in 1988 and raised its 1st funding round 33 years after it was founded.
Where is Vector located?
Vector is headquartered in Stuttgart, Germany. It is registered at Stuttgart, Baden-wurttemberg, Germany.
Is Vector a funded company?
Vector is a funded company, having raised a total of $735.43K across 2 funding rounds to date. The company's 1st funding round was a Grant of $1.03M, raised on Jan 01, 2021.
What does Vector do?
Vector is engaged in providing development tools, software, hardware, and solutions for embedded systems. Activities are focused on the automotive industry, medical devices, and Industry 4.0 sectors. Comprehensive testing solutions for software quality are offered, alongside cybersecurity measures for automotive applications. Support is extended to EE engineering with tools like PREEvision for efficient architecture design. Solutions for autonomous driving and automotive Ethernet development are also provided to clients globally.
Who are the top competitors of Vector?
Vector's top competitors include Sonatus, Aeris and Silicon Mobility.
What products or services does Vector offer?
Vector offers CANoe, PREEvision, and MICROSAR.
How many acquisitions has Vector made?
Who are Vector's investors?
Vector has 1 investor. Key investors include European Union.
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