When was Elektrobit founded?

Elektrobit was founded in 1988 and raised its 1st funding round 27 years after it was founded.

Where is Elektrobit located?

Elektrobit is headquartered in Erlangen, Germany. It is registered at Bothell, Washington.

How many employees does Elektrobit have?

As of Aug 31, 2026, the latest employee count at Elektrobit is 2175.

Is Elektrobit a funded company?

Elektrobit is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2015.

When was the latest funding round of Elektrobit?

Elektrobit's latest funding was a $***** Grant (prize money) round on Jun 01, 2020, with participation from 1 investor.

Where does Elektrobit rank among its competitors?

Elektrobit ranks 5th amongst 152 active competitors, of which 31 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Xona Space Systems, which secured $170M in Mar, 2026.

Who are the top competitors of Elektrobit?

Elektrobit's top competitors include Kapsch, Xona Space Systems and Autotalks. Among them, Xona Space Systems secured the most recent funding round in March, 2026.

Elektrobit - 2026 Company Profile, Funding & Competitors

Company Details

Developer of software for automotive applications, cybersecurity, and embedded systems. The company provides software for in-vehicle networks, communication modules, and electric charging solutions. It offers software integration, verification, validation services, and training courses. The company delivers software for cockpit systems, vehicle environment, and electronic horizon applications. It also provides software for functional safety and cybersecurity.

Website: www.elektrobit.com/
Social
Email ID: *****@elektrobit.com
Registered Address: Bothell, Washington

Key Metrics

Founded Year

1988

Location

Erlangen, Germany

Stage

Acquired

Latest Funding Round

Grant (prize money), Jun 01, 2020, $*****

Investors

Europa

Ranked

5^th among 152 active competitors

Employee Count

2,175 as on Aug 31, 2026

Investment & Acquisitions

Birdstep.fi

Similar Companies

Kapsch & 106 more

Exit Details

Acquired by Continental (Jun 11, 2015)

View Elektrobit's full profile

Elektrobit is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ELEKTROBIT INDIA PRIVATE LIMITED CIN: U74999KA2016FTC092577 , India, Active	Apr 27, 2016	₹100 - ₹500 Cr (As on Mar 31, 2025)	594 (As on May 01, 2026)
Elektrobit Automotive Gmbh CIN: HRB4886 , Germany, Active	May 13, 1992	-	-
ELEKTROBIT AUTOMOTIVE AMERICAS CIN: 464026178 , United States, Active	Dec 26, 999	-	57 (As on Dec 31, 2024)	-

Elektrobit got acquired by Continental on Jun 11, 2015.

Click here to take a look at Elektrobit's acquisition in detail

Elektrobit has raised funding over 5 rounds. Its first funding round was on Jan 01, 2015. Its latest funding round was a Grant (prize money) round on Jun 01, 2020 for $*****. 1 investor participated in its latest round. Elektrobit has 1 institutional investor.

Here is the list of recent funding rounds of Elektrobit:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2020	5459247	Grant (prize money)	7688919	7378753	2959183	4559653
Dec 01, 2018	1973598	Grant (prize money)	8244400	7413497	9048542	Europa
Jan 12, 2018	3113016	Grant (prize money)	1054987	9560556	1392262	Europa

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View details of Elektrobit's funding rounds and investors

Elektrobit's employee count trend

Elektrobit has 2,175 employees as of Aug 26. Here is Elektrobit's employee count trend over the years:

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Top competitors of Elektrobit include Kapsch, Xona Space Systems and Autotalks. Here is the list of Top 10 competitors of Elektrobit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kapsch 1892, Austria, Public	Provider of intelligent transportation systems and tolling and traffic management	-	Vienna Capital Partners, Shapla Ventures & 3 others	67/100
2nd	Xona Space Systems 2019, Burlingame (United States), Series C	Developer of positioning, navigation, and timing infrastructure for connected systems	$320M	Seraphim, Mohari Ventures Natural Capital ... & 37 others	66/100
3rd	Autotalks 2008, Netanya (Israel), Acquired	Developer of integrated V2V and V2I communication technologies	$110M	Magma Venture Partners, Mitsui Global Investment ... & 20 others	61/100
4th	See.Sense 2013, Newtownards (United Kingdom), Seed	Develops smart lights for cycles, and sensors for collecting data about city road systems	$1.66M	EIC Fund, Co-Fund NI & 12 others	60/100
5th	Elektrobit 1988, Erlangen (Germany), Acquired	Developer of software for automotive applications, cybersecurity, and embedded systems	-	Europa	55/100
6th	AutoCrypt 2007, Seoul (South Korea), Public	Provider of cybersecurity solutions for automotive and mobility applications	$40.5M	Hyundai Venture Investment, Ulmer Investments ... & 10 others	55/100
7th	SCANTINEL PHOTONICS 2019, Oberkochen (Germany), Series A	Developer of frequency modulated continuous wave LiDAR sensor technology solutions	$19.5M	Scania Growth Capital, Scania & 7 others	54/100
8th	HAAS Alert 2015, Chicago (United States), Seed	Provider of digital alerts and coordination tools for roadway safety	$5.12M	Volition Capital, Risk and Return & 17 others	54/100
9th	Derq 2016, Dubai (United Arab Emirates), Seed	Developer of intelligent transportation systems using artificial intelligence for road safety	$6M	AT&T, e& & 5 others	54/100
10th	Iteris 1969, Santa Ana (United States), Acquired	Provider of technology solutions for smart mobility infrastructure management	-	180 Degree Capital, Federal Highway Administration ... & 1 others	54/100