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ABAX logo — ABAX enables business insight and value from connected mobil...

ABAX

ABAX enables business insight and value from connected mobility data.  

Founded 2007 Norway Norway 382 employees Debt Financing Design, Industrial +3

General Information

Company Name ABAX
Founded Year 2007
Location Norway Norway
Founders / Decision Makers
Team member
Employees 382
Industries Design, Industrial, Logistics +2
Funding Stage Debt Financing
Social

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About ABAX

ABAX is a Norwegian startup that focuses on enabling business insight and value from connected mobility data. With a strong focus on customer needs, the company translates these into advanced technology solutions, unlocking the potential of company data. As one of the largest IoT companies, ABAX offers solutions for mileage claim, tool tracking, and equipment control, with over 500.000 tracked units worldwide. In 2020, the company embarked on a journey to expand into developing mobility data solutions, venturing into new verticals such as insurance and leasing, positioning itself as the preferred data provider for the B2B industry on a wider scale. ABAX's solutions are designed to help customers run their businesses smarter and healthier by facilitating improvements in efficiency, compliance with legislation, and profitability. The company operates across Europe, with a workforce of over 350 employees based in facilities across several European countries. The Head Office is located in Larvik, Norway. The startup has seen its most recent investment in the form of Debt Financing in November 18, 2015, with CORDET as the investor. ABAX presents promising potential in the fields of design, industrial, logistics, manufacturing, and automotive industries, making it an attractive opportunity for potential investors seeking to tap into the emerging market of connected mobility data.

Business keywords: IoT solutions, connected mobility data, data potential, mileage claim, tool tracking, equipment control, mobility data solutions, B2B industry, efficiency improvement, profitability, European operations, business insight, value creation, data provider

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing Undisclosed 1
CORDET
CORDET
18 Nov 2015
Private Equity Round Undisclosed 1
Norvestor Equity
Norvestor Equity
12 Jul 2012

ABAX Alternatives & Competitors

View All Alternatives
ABAX vs
ULU
ULU The Netherlands

ULU. Your Mobility Platform.

Seed
136 employees
Computing, IoT
Compare ABAX vs ULU
ABAX vs
Southgate Global
Southgate Global United Kingdom

Keeping your business moving

99 employees
Industrial, Logistics
Compare ABAX vs Southgate Global
ABAX vs
Watch Water GmbH
Watch Water GmbH Germany

Passionate about delivering the best water treatment products and systems to our customers.

15 employees
Industrial, Manufacturing
View all alternatives

FAQ About ABAX

ABAX enables business insight and value from connected mobility data.  
ABAX was founded in 2007.
ABAX is headquartered in Norway.
ABAX operates in Design, Industrial, Logistics, Manufacturing and Automotive. Its work centres on IoT solutions, connected mobility data, data potential and mileage claim.
ABAX has approximately 382 employees.
ABAX has completed 2 funding rounds. The latest funding stage is Debt Financing.
Top alternatives and competitors to ABAX include ULU, Southgate Global, Watch Water GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ABAX and ULU are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ABAX , https://bouncewatch.com/company/abax, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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