When was Azitek founded?

Azitek was founded in 2017 and raised its 1st funding round 7 years after it was founded.

Where is Azitek located?

Azitek is headquartered in Leca da Palmeira, Portugal.

How many employees does Azitek have?

As of May 31, 2026, the latest employee count at Azitek is 13.

Is Azitek a funded company?

Azitek is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jun 19, 2024.

When was the latest funding round of Azitek?

Azitek's latest funding was a $***** Seed round on Jun 19, 2024, with participation from 3 investors.

Where does Azitek rank among its competitors?

Azitek ranks 113th amongst 516 active competitors, of which 82 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Tive, which secured $20M in Dec, 2025.

Who are the top competitors of Azitek?

Azitek's top competitors include FourKites, Project44 and Zebra. Among them, Tive secured the most recent funding round in December, 2025.

Azitek - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of industrial IoT solutions for asset tracking and management. The company delivers real-time visibility and insights for streamlined operations within industrial and logistics environments. It offers precise asset localization, seamless system integration, and error reduction through process optimization. The company provides inventory management, material handling equipment monitoring, and predictive route planning.

Website: azitek.io
Email ID: *****@azitek.io

Key Metrics

Founded Year

2017

Location

Leca da Palmeira, Portugal

Stage

Seed

Total Funding

$1.07M in 1 round

Latest Funding Round

Seed, Jun 19, 2024, $*****

Investors

Beta Capital & 2 more

Ranked

113^th among 516 active competitors

Employee Count

13 as on May 31, 2026

Similar Companies

Samsara & 1417 more

View Azitek's full profile

Azitek has raised a total funding of $1.07M over 1 round. Its latest funding round was a Seed round on Jun 19, 2024 for $*****. 3 investors participated in its latest round. Azitek has 3 institutional investors.

Here is the list of recent funding rounds of Azitek:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 19, 2024	2819134	Seed	2685219	6439312	7895741	3465864

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View details of Azitek's funding rounds and investors

The founders of Azitek are Rui Gomes and Jose Valente.

Here are the details of Azitek's key team members:

Rui Gomes: Co-Founder of Azitek.
Contact Info: 1 email address
Jose Valente: Co-Founder of Azitek.
Contact Info: 1 email address

View details of Azitek's Founder profiles and Board Members

Azitek's employee count trend

Azitek has 13 employees as of May 26. Here is Azitek's employee count trend over the years:

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Top competitors of Azitek include FourKites, Project44 and Zebra. Here is the list of Top 10 competitors of Azitek, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	FourKites 2014, Chicago (United States), Series D	Developer of AI and web-based visibility solutions for the supply chain	$243M	Bain Capital Ventures, August Capital & 18 others	77/100
2nd	Project44 2014, Chicago (United States), Series G	Provider of cloud-based cargo and supply chain visibility tracking solutions	$912M	Sapphire Ventures, Emergence Capital & 26 others	75/100
3rd	Zebra 1969, United States, Acquired	Manufacturer of mobile computers, barcode scanners, printers, RFID, and software	-	Tykhe Ventures, National Incubation Center ... & 1 others	73/100
4th	TrusTrace 2016, Stockholm (Sweden), Series B	Provider of a platform for supply chain traceability and compliance	$30M	Circularity Capital, Fairpoint Capital & 5 others	67/100
5th	Shippeo 2013, Paris (France), Series C	SaaS-based road freight transportation management platform for carriers and shippers	$140M	Battery Ventures, ETF Partners & 17 others	63/100
6th	Tive 2012, Mo i Rana (Norway), Series C	Provider of real-time shipment tracking solutions for various industries	$131M	World Innovation Lab, Techstars & 22 others	63/100
7th	Arviem 2008, Baar (Switzerland), Public	Integrated solutions for real-time cargo monitoring	$15M	Verve Ventures, SICPA & 9 others	62/100
8th	Parsyl 2016, Denver (United States), Series C	Developer of cargo tracking and management solutions	$67.1M	GLP, The Lightsmith Group & 11 others	58/100
9th	Intugine 2013, Bengaluru (India), Seed	Provider of a platform for real-time multimodal supply chain visibility	$5.06M	Inflection Point Ventures, Kaleesuwari & 126 others	58/100
10th	Circulor 2017, London (United Kingdom), Series B	Provider of supply chain services for material traceability and compliance	$45M	The Westly Group, InMotion Ventures & 24 others	57/100
113th	Azitek 2017, Leca da Palmeira (Portugal), Seed	Provider of industrial IoT solutions for asset tracking and management	$1.07M	Cedrus Capital, Beta Capital & 1 others	32/100