About Vehco
Vehco is a company based in Goteborg (Sweden) founded in 2001 was acquired by AddSecure in May 2018.. Vehco has completed 3 acquisitions, including ELOMOBILE, Groeneveld ICT Solutions and Paetronics. Vehco operates in a competitive market with competitors including Spireon, EquipmentShare, Fleet Complete, SkyBitz and Mapon, among others.
- Headquarter Goteborg, Sweden
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Sectors
Transportation, 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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Funding Insights of Vehco
| 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 Vehco
Vehco has secured backing from 1 investor. Prominent investors backing the company include AddSecure. 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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Critical communication solutions are provided for alarms and IoT.
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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 Vehco
Vehco has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ELOMOBILE, Groeneveld ICT Solutions and Paetronics. 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based solutions for end-to-end fleet management are provided.
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2006 | ||||
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Automotive navigation systems are manufactured, supplied, and exported by Paetronics.
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1997 | ||||
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IoT-based fleet management solutions are provided for tracking and efficiency.
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1989 |
| 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 - Vehco
| 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 |
Vehco Comparisons
Competitors of Vehco
Vehco 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 Spireon, EquipmentShare, Fleet Complete, SkyBitz and Mapon, 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 |
SaaS-enabled solutions for fleet and field service management are offered.
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| domain | founded_year | HQ Location |
Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
Fleet, asset, and mobile workforce management solutions are provided.
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| domain | founded_year | HQ Location |
Remote asset tracking and management solutions are provided globally.
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| domain | founded_year | HQ Location |
Vehicle tracking and fleet management solutions are provided.
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| domain | founded_year | HQ Location |
Machine-to-machine communication solutions are delivered for IoT and asset tracking.
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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 Vehco
When was Vehco founded?
Vehco was founded in 2001.
Where is Vehco located?
Vehco is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
What does Vehco do?
Founded in 2001 in Gothenburg, Sweden, integrated hardware and software solutions for fleet management and vehicle telematics are provided to the logistics and transportation sectors. Asset trackers, tachometry black-boxes, and a web-based management platform form the core of the offering. Functionalities include ignition alerts, tachometer analytics, geofencing, task allotment, route planning, temperature monitoring, real-time location tracking, reports, electronic driver logging, and navigation. Mobile applications for drivers are also included.
Who are the top competitors of Vehco?
Vehco's top competitors include EquipmentShare, Mapon and Quartix.
How many acquisitions has Vehco made?
Vehco has made 3 acquisitions, including ELOMOBILE, Groeneveld ICT Solutions, and Paetronics.
Who are Vehco's investors?
Vehco has 1 investor. Key investors include AddSecure.