PACE Telematics
Turns a car into a smartcar.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (200 %) | - | - | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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PACE Telematics was founded in 2015 by Robin Schönbeck, Martin Kern, and Philip Blatter in Germany. The company emerged with a vision to revolutionize the automotive industry by transforming traditional vehicles into smart cars. Their innovative platform offers features like performance monitoring, trouble-code analysis, and electronic logbooks, making driving safer and more efficient.
In 2018, PACE Telematics reached a pivotal moment when it partnered with Eberspächer, a leading automotive supplier. This strategic partnership was instrumental in advancing PACE's big data and IoT capabilities, providing the company with the resources and expertise needed to expand its offerings and reach a broader market.
The collaboration with Eberspächer marked a significant milestone in PACE's journey, enabling the company to enhance its product suite and solidify its position in the connected car ecosystem. Today, PACE Telematics continues to innovate, driven by its commitment to making driving more relaxed, safer, and cost-effective for everyone.