When was Controlant founded?

Controlant was founded in 2007 and raised its 1st funding round 4 years after it was founded.

Where is Controlant located?

Controlant is headquartered in Reykjavik, Iceland. It is registered at 29, Vestergade, København K, 1456.

Who is the current CEO of Controlant?

Gisli Herjolfsson and Trausti Thormundsson s of Controlant. Gisli Herjolfsson has also founded 1 company.

How many employees does Controlant have?

As of Feb 28, 2026, the latest employee count at Controlant is 217.

Is Controlant a funded company?

Controlant is a funded company, having raised a total of $92.5M across 8 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 26, 2011.

When was the latest funding round of Controlant?

Controlant's latest funding was a $***** Series C round on Nov 07, 2024, with participation from 0 investor.

Where does Controlant rank among its competitors?

Controlant ranks 2nd amongst 219 active competitors, of which 34 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Controlant, which secured $25M in Nov, 2024.

Who are the top competitors of Controlant?

Controlant's top competitors include Asimily, TraceLink and TOWER Cold Chain Solutions. Among them, Controlant secured the most recent funding round in November, 2024.

Controlant - 2026 Company Profile, Team, Funding, Competitors & Financials

Controlant is a series C company based in Reykjavik (Iceland), founded in 2007 by Gisli Herjolfsson and Trausti Thormundsson. It operates as a Provider of real-time visibility platform and monitoring services for pharmaceuticals. Controlant has raised $92.5M in funding from investors like Frumtak Ventures, Sjóvá and VIS. The company has 219 active competitors, including 34 funded and 22 that have exited. Its top competitors include companies like Asimily, TraceLink and TOWER Cold Chain Solutions.

Company Details

Provider of real-time visibility platform and monitoring services for pharmaceuticals. The platform offers insights and automated workflows to optimize supply chain agility and resilience. It facilitates real-time monitoring, customized notifications, and detailed data review for end-to-end supply chain performance. The platform also automates supply chain processes and provides insights into logistics, including advanced analytics to improve performance. The solution is compliant for pharmaceutical use cases, providing automatic reporting for audits and compliance purposes.

Website: www.controlant.com/
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Registered Address: 29, Vestergade, København K, 1456

Key Metrics

Founded Year

2007

Location

Reykjavik, Iceland

Stage

Series C

Total Funding

$92.5M in 8 rounds

Latest Funding Round

Series C, Nov 07, 2024, $*****

Investors

Frumtak Ventures & 5 more

Ranked

2^nd among 219 active competitors

Employee Count

217 as on Feb 28, 2026

Similar Companies

Samsara & 1477 more

View Controlant's full profile

Controlant is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Controlant inc CIN: 20181799831 , United States, Active	Oct 09, 2018	-	-	-
Controlant Denmark ApS CIN: 33771541 , Denmark, Active	Jun 20, 2011	$711K (As on Dec 31, 2015)	-

Controlant has raised a total funding of $92.5M over 8 rounds. Its first funding round was on Jan 26, 2011. Controlant has 6 institutional investors.

Here is the list of recent funding rounds of Controlant:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 07, 2024	5427244	Series C	2211744	3549904	9537045	2672770
Nov 07, 2024	8552555	Conventional Debt	4436049	4546720	2176164	8728678
Nov 27, 2023	8817607	Series C	3936932	2868084	1359437	8074941

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View details of Controlant's funding rounds and investors

The founders of Controlant are Gisli Herjolfsson and Trausti Thormundsson. Trausti Thormundsson and Gisli Herjolfsson are the CEOs of Controlant.

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

Gisli Herjolfsson: Co-Founder & Co-CEO of Controlant.
Contact Info: 1 email address
Trausti Thormundsson: Co-Founder & Co-CEO of Controlant.
Contact Info: 1 email address

View details of Controlant's Founder profiles and Board Members

Controlant's employee count trend

Controlant has 217 employees as of Feb 26. Here is Controlant's employee count trend over the years:

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Top competitors of Controlant include Asimily, TraceLink and TOWER Cold Chain Solutions. Here is the list of Top 10 competitors of Controlant, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Asimily 2017, Sunnyvale (United States), Series B	Online platform for medical device asset management	$13.1M	Ridge Ventures, MemorialCare Innovation Fund ... & 6 others	63/100
2nd	Controlant 2007, Reykjavik (Iceland), Series C	Provider of real-time visibility platform and monitoring services for pharmaceuticals	$92.5M	Apax, Frumtak Ventures & 4 others	63/100
3rd	TraceLink 2009, North Reading (United States), Series D	Platform that provides cloud and AI based solutions to track and trace pharmaceutical supply chains	$230M	Volition Capital, FirstMark & 11 others	56/100
4th	TOWER Cold Chain Solutions 2009, Theale (United Kingdom), Acquired	Provider of cold chain monitoring solutions	$12.2M	Investec, Recap Solutions & 17 others	53/100
5th	Zest Labs 2003, San Francisco (United States), Public	Cold chain monitoring solutions for transporting goods from harvest to store	$76.7M	Woodside Fund, Trend Discovery & 3 others	51/100
6th	Findings 2019, Colombia, Acquired	Online platform for supplier compliance and risk management	-	Magenta Venture Partners	50/100
7th	Optel Group 1989, Quebec City (Canada), Funding Raised	Provider of Track and Trace solutions for the pharma, medical device and healthcare industries	-	Fondaction, BDC & 1 others	48/100
8th	LedgerDomain 2016, Las Vegas (United States), Unfunded	Application development platform	-	-	48/100
9th	CLCircular 2019, Mungia (Spain), Seed	Provides realtime monitoring solutions for cold chain	$1.1M	ENION Partners, Easo Ventures & 3 others	48/100
10th	Sensitech 1990, Beverly (United States), Acquired	Provider of supply chain visibility solutions for temperature-sensitive products	-	Merifin Capital, Ascent Venture Partners & 6 others	46/100