Inro Technologies Overview

  • Year Founded
  • 2006

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 3

Employees

  • Latest Deal Type
  • M&A

  • Investors
  • 2

Inro Technologies General Information

Description

Manufacturer of robotic forklifts intended for the automobile industry. The company applies robotics to forklifts operating in warehouses and allows them to function with or without a driver.

Contact Information

Formerly Known As
Grand Challenge
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 419 Church Street Penrose
  • Auckland, 1061
  • New Zealand
Primary Industry
Industrial Supplies and Parts
Other Industries
Other Commercial Products
Acquirer
Corporate Office
  • 419 Church Street Penrose
  • Auckland, 1061
  • New Zealand

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Inro Technologies Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 19-Apr-2012 Completed Generating Revenue
3. Early Stage VC 01-Nov-2009 Completed Generating Revenue
2. Early Stage VC 01-Jan-2008 $3M $3M Completed Startup
1. University Spin-Out 01-Jan-2006 Completed Startup
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Inro Technologies Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Inro Technologies Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Aspire NZ Seed Fund Venture Capital Minority
Fonterra Co-operative Group Corporation Minority
ICE Angels Angel Group Minority
New Zealand Seed Co-Investment Fund Venture Capital Minority
Pioneer Capital Growth/Expansion Minority
You’re viewing 5 of 6 investors. Get the full list »

Inro Technologies FAQs

  • When was Inro Technologies founded?

    Inro Technologies was founded in 2006.

  • Where is Inro Technologies headquartered?

    Inro Technologies is headquartered in Auckland, New Zealand.

  • What is the size of Inro Technologies?

    Inro Technologies has 3 total employees.

  • What industry is Inro Technologies in?

    Inro Technologies’s primary industry is Industrial Supplies and Parts.

  • Is Inro Technologies a private or public company?

    Inro Technologies is a Private company.

  • What is Inro Technologies’s current revenue?

    The current revenue for Inro Technologies is .

  • How much funding has Inro Technologies raised over time?

    Inro Technologies has raised $7.5M.

  • Who are Inro Technologies’s investors?

    Aspire NZ Seed Fund, Fonterra Co-operative Group, ICE Angels, New Zealand Seed Co-Investment Fund, and Pioneer Capital are 5 of 6 investors who have invested in Inro Technologies.

  • When was Inro Technologies acquired?

    Inro Technologies was acquired on 19-Apr-2012.

  • Who acquired Inro Technologies?

    Inro Technologies was acquired by Crown Equipment.

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