When was ETC founded?

ETC was founded in 1999 and raised its 1st funding round 8 years after it was founded.

Where is ETC located?

ETC is headquartered in Richardson, United States. It is registered at Richardson, Texas.

How many employees does ETC have?

As of May 31, 2026, the latest employee count at ETC is 1054.

Is ETC a funded company?

ETC is a funded company, having raised a total of $***** in its 1st and only funding round, a Unattributed round on Dec 19, 2007.

How much is ETC worth?

The last known valuation of ETC was $***** as of Aug 16, 2021.

When was the latest funding round of ETC?

ETC's latest funding was a $***** Unattributed round on Dec 19, 2007, with participation from 1 investor.

Where does ETC rank among its competitors?

ETC ranks 243rd amongst 1832 active competitors, of which 281 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Evrotrust, which secured $7.61M in Nov, 2025.

Who are the top competitors of ETC?

ETC's top competitors include BitGo, Evrotrust and Mantra Softech. Among them, Evrotrust secured the most recent funding round in November, 2025.

ETC - 2026 Company Profile, Team, Funding & Competitors

Q: Is ETC an acquired company?

ETC got acquired by Quarterhill on Aug 16, 2021.

ETC is an acquired company based in Richardson (United States), founded in 1999 by Laurent Lesle. It operates as a Toll management solutions for traffic authorities. ETC has raised an undisclosed amount in funding from Autostrade, with last known valuation of $*****. The company has 1832 active competitors, including 281 funded and 149 that have exited. Its top competitors include companies like BitGo, Evrotrust and Mantra Softech.

Company Details

Toll management solutions for traffic authorities. The platform offers solutions that includes toll transaction processing, vehicle recognition system, operations management, and more.

Website: etcc.com
Social
Phone Number: +1 **********
Registered Address: Richardson, Texas

Key Metrics

Founded Year

1999

Location

Richardson, United States

Stage

Acquired

Latest Funding Round

Unattributed, Dec 19, 2007, $*****

Last Known Valuation

$***** as on Aug 16, 2021

Investors

Autostrade & 3 more

Ranked

243^rd among 1832 active competitors

Employee Count

1,054 as on May 31, 2026

Similar Companies

BitGo & 2518 more

Exit Details

Acquired by Quarterhill (Aug 16, 2021)

View ETC's full profile

ETC is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Electronic Transaction Consultants, Llc CIN: 216961193 , United States, Active	Sep 06, 2023	-	-	-
Electronic Transaction Consultants CIN: 752807746 , United States, Active	Dec 31, 1999	-	238 (As on Dec 31, 2024)	-

ETC got acquired by Quarterhill on Aug 16, 2021 at an acquisition amount of $*****.

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

ETC has raised funding over 1 round. Its latest funding round was a Unattributed round on Dec 19, 2007 for $*****. 1 investor participated in its latest round. ETC has 4 institutional investors.

Here is the list of recent funding rounds of ETC:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 19, 2007	3150521	Unattributed	2694663	1221134	2024494	2621130

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View details of ETC's funding rounds and investors

The founders of ETC is Laurent Lesle. Kevin Holbert is the CEO of ETC.

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

Laurent Lesle: Technical Director / Co-founder of ETC.
Steve Galvanoni: CEO of ETC.

View details of ETC's Founder profiles and Board Members

ETC's employee count trend

ETC has 1,054 employees as of May 26. Here is ETC's employee count trend over the years:

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Top competitors of ETC include BitGo, Evrotrust and Mantra Softech. Here is the list of Top 10 competitors of ETC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BitGo 2013, Palo Alto (United States), Public	Platform that offers crypto based financial services	$170M	Goldman Sachs, Galaxy & 39 others	81/100
2nd	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 6 others	72/100
3rd	Mantra Softech 2006, Ahmedabad (India), Series A	Biometrics-based security and surveillance solutions	$14.2M	India SME Investments, Motilal Oswal Financial Services ... & 2 others	70/100
4th	Ambarella 2004, Santa Clara (United States), Public	Manufacturer of AI-enabled image processors	$15.4M	Benchmark, Northgate Capital & 7 others	69/100
5th	HYPR 2014, New York City (United States), Series D	Provider of passwordless multi-factor authentication, identity verification, and risk management	$131M	RRE Ventures, Advent International & 14 others	69/100
6th	Microblink 2013, London (United Kingdom), Series A	Platform offering card scanning apps-based consumer payments	$60M	Silversmith	68/100
7th	itsme 2017, Brussels (Belgium), Series B	Provider of digital identity solutions for secure online transactions and signatures	$29.3M	SFPI, ING & 6 others	68/100
8th	1Kosmos 2018, Edison (United States), Series B	Block-chain-based passwordless authentication for customers	$62M	ForgePoint Capital, Gula Tech Adventures & 4 others	68/100
9th	IDEMIA 2007, Courbevoie (France), Funding Raised	Provider of biometric and cryptographic solutions for secure transactions and identities	-	Europa, Advent International & 1 others	67/100
10th	LifeLock 2005, Tempe (United States), Acquired	Cyber identity theft protection and prevention platform	$192M	Goldman Sachs, Bessemer Venture Partners ... & 18 others	67/100
243rd	ETC 1999, Richardson (United States), Acquired	Toll management solutions for traffic authorities	-	Capital Southwest, C3 Capital & 2 others	39/100