Needit
Needit is a company that specialises in developing and designing products and services for home and car.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
| Total Funding | 000k | ||
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Based in Hvidovre, Denmark, Needit ApS is a company specializing in the design and development of consumer products for the automotive and home markets. Established in 2008, the firm operates with a clear focus on creating items that solve specific everyday problems for its users. The company manages all aspects of its operations in-house, including logistics, design, development, sales, and marketing, allowing for tight control over the product lifecycle.
Needit's primary business involves the wholesale trade of motor vehicle parts and accessories. It follows a business-to-business (B2B) and business-to-consumer (B2C) model, working closely with partners and dealers both in Denmark and internationally. Revenue is generated through the sale of its physical products, which are supported by national marketing campaigns to ensure strong market presence for both Needit and its retail partners. The company aims to launch one to two new products annually to expand its portfolio.
The product lineup is best known for its electronic parking discs, such as the ParkOne, Park Lite, and Drive One models. These devices are designed with a minimalist Scandinavian aesthetic and are tested to function in extreme temperatures. Their core function is to automatically display the time a vehicle was parked, helping drivers avoid fines in parking zones with time limits. Beyond parking discs, Needit has developed the Drive One traffic alarm, a device and accompanying app that warns drivers of traffic incidents, speed traps, and road obstructions. The company also offers the option for custom logo printing on its parking discs for corporate clients.
Keywords: electronic parking discs, automotive accessories, consumer products, traffic safety devices, wholesale automotive parts, product design, Scandinavian design, parking solutions, traffic alerts, Drive One, ParkOne, vehicle gadgets, consumer electronics, B2B electronics, home products, product development, logistics management, sales and marketing, international distribution, retail partnerships