When was SiB Solutions founded?

SiB Solutions was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Where is SiB Solutions located?

SiB Solutions is headquartered in Lund, Sweden.

How many employees does SiB Solutions have?

As of Apr 30, 2026, the latest employee count at SiB Solutions is 30.

Is SiB Solutions a funded company?

SiB Solutions is a funded company, having raised a total of $6.27M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 16, 2022.

When was the latest funding round of SiB Solutions?

SiB Solutions' latest funding was a $***** Series A round on Apr 02, 2024, with participation from 1 investor.

Where does SiB Solutions rank among its competitors?

SiB Solutions ranks 4th amongst 10 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Arvist, which secured $5.91M in Jul, 2025.

Who are the top competitors of SiB Solutions?

SiB Solutions' top competitors include Assert AI, Arvist and Koi Reader. Among them, Arvist secured the most recent funding round in July, 2025.

SiB Solutions - 2026 Company Profile, Team, Funding & Competitors

SiB Solutions is a series A company based in Lund (Sweden), founded in 2017 by Staffan Persson and Lennart Bergstrom. It operates as a Provider of AI-powered video and IIoT solutions for logistics optimisation. SiB Solutions has raised $6.27M in funding from Scania Growth Capital. The company has 10 active competitors, including 4 that are funded. Its top competitors include companies like Assert AI, Arvist and Koi Reader.

Company Details

Provider of AI-powered video and IIoT solutions for logistics optimisation. The company delivers visibility, visual evidence, and insights across the supply chain. It offers subscription services that include technical requirements and best practices. The company focuses on helping customers improve processes and reduce costs.

Website: sibsolutions.com
Email ID: *****@sibsolutions.com
Phone Number: +46 **********

Key Metrics

Founded Year

2017

Location

Lund, Sweden

Stage

Series A

Total Funding

$6.27M in 2 rounds

Latest Funding Round

Series A, Apr 02, 2024, $*****

Investors

Scania Growth Capital & 2 more

Ranked

4^th among 10 active competitors

Employee Count

30 as on Apr 30, 2026

Similar Companies

GoMotive & 148 more

View SiB Solutions' full profile

SiB Solutions has raised a total funding of $6.27M over 2 rounds. Its first funding round was on Dec 16, 2022. Its latest funding round was a Series A round on Apr 02, 2024 for $*****. 1 investor participated in its latest round. SiB Solutions has 3 institutional investors.

Here is the list of recent funding rounds of SiB Solutions:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 02, 2024	9336278	Series A	3240409	5736410	1392421	1946001
Dec 16, 2022	8227221	Series A	6886121	3043487	Scania Growth Capital	9815334

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View details of SiB Solutions's funding rounds and investors

The founders of SiB Solutions are Staffan Persson and Lennart Bergstrom. Stefan Borg is the CEO of SiB Solutions.

Here are the details of SiB Solutions' key team members:

Staffan Persson: Co-Founder of SiB Solutions and founder of 1 other company.
Contact Info: 2 email addresses
Lennart Bergstrom: Co-Founder & COO of SiB Solutions and founder of 1 other company.
Contact Info: 1 email address
Stefan Borg: CEO of SiB Solutions.

View details of SiB Solutions's Founder profiles and Board Members

SiB Solutions' employee count trend

SiB Solutions has 30 employees as of Apr 26. Here is SiB Solutions's employee count trend over the years:

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Top competitors of SiB Solutions include Assert AI, Arvist and Koi Reader. Here is the list of Top 10 competitors of SiB Solutions, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Assert AI 2018, Mumbai (India), Series A	Developer of computer vision software for real-time operational intelligence	$7.12M	Arya.ag, Avm Consulting & 11 others	57/100
2nd	Arvist 2021, Chicago (United States), Series A	Provider of AI-powered solutions for warehouse quality control and compliance	$7.03M	Techstars, REFASHIOND Ventures & 10 others	41/100
3rd	Koi Reader 2019, Dallas (United States), Seed	Provider of AI-powered platform for supply chain and logistics optimization	$60K	MassChallenge, PIER71	40/100
4th	SiB Solutions 2017, Lund (Sweden), Series A	Provider of AI-powered video and IIoT solutions for logistics optimisation	$6.27M	East Hill Equity, Scania Growth Capital & 1 others	39/100
5th	TechVedika 2010, Hyderabad (India), Unfunded	Offers AI & cloud-based warehouse management solution	-	-	35/100
6th	Braingine 2014, San Juan Del Rio (Mexico), Unfunded	Provider of computer vision solutions for retail, manufacturing, and logistics	-	-	24/100
7th	x.WAP 2020, United States, Unfunded	Provider of cloud-based SaaS platform for workforce analytics and data visualization	-	-	24/100
8th	Enalytics 2016, Hyderabad (India), Deadpooled	Offers a web-based app providing logistics and warehouse data analytics solutions	-	-	21/100
9th	inwhentic 2023, Kochi (India), Deadpooled	Automated inventory analysis and management with AI assist	-	-	18/100
10th	Promethean Group 2019, Detroit (United States), Unfunded	Provider of AI-based automotive assembly line solutions for industries	-	-	18/100