Trac ID Systems Overview
- Founded
- 2005
- Status
- Acquired/Merged
- Employees
- 15
- Latest Deal Type
- M&A
Trac ID Systems General Information
Description
Provider of radio frequency identification technology (RFID) for the oil and gas industry. The company offers wireless communication systems to improve lifecycle management and rig assets through automated tracking, including manufacturing control, stock management, transport tracking and inspection handling.
Contact Information
Primary Industry
Wireless Communications Equipment
Other Industries
Other Communications and Networking
Other Business Products and Services
Acquirer
Primary Office
- Lagerveien 12 A
- P.O. Box 22
- 4064 Stavanger
- Norway
+47 51 00 00 00
Trac ID Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 01-Feb-2016 | 00.000 | Completed | Profitable | ||
| 2. Later Stage VC | 24-Apr-2013 | 00.000 | 00.000 | Completed | Profitable | |
| 1. Early Stage VC | 01-Jan-2007 | Completed | Generating Revenue |
Trac ID Systems Executive Team (4)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Kjell Drevdal | Chief Executive Officer | ||
| Per Arne Gulvik | Chief Financial Officer & Owner | ||
| Eirik Berge | Vice President, Business Development, Marketing and Sales |
Trac ID Systems Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| Hans Olav Hide | Self | Board Member | 000 0000 |
| Mats Grinrød | Self | Board Member | 000 0000 |
| Rune Gaasø | Self | Board Member | 000 0000 |
Trac ID Systems Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialTrac ID Systems Former Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Equinor Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| Northzone Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |