When was Toradex founded?

Toradex was founded in 2003 and raised its 1st funding round 13 years after it was founded.

Where is Toradex located?

Toradex is headquartered in Horw, Switzerland. It is registered at 2nd Floor, #8, The Pinnacle, 100 Feet Road, Koramangala 5th Block, Bangalore, Bangalore, Karnataka, India, 560095.

How many employees does Toradex have?

As of May 31, 2026, the latest employee count at Toradex is 175.

Is Toradex a funded company?

Toradex is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 03, 2016.

When was the latest funding round of Toradex?

Toradex's latest funding was a $***** Series A round on Oct 12, 2022, with participation from 1 investor.

What is the annual revenue of Toradex?

Annual revenue of Toradex is less than €1M as on Dec 31, 2016

Where does Toradex rank among its competitors?

Toradex ranks 7th amongst 36 active competitors, of which 4 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Toradex, which secured an undisclosed amount in Oct, 2022.

Who are the top competitors of Toradex?

Toradex's top competitors include Thundersoft, SECO and Axiomtek. Among them, Toradex secured the most recent funding round in October, 2022.

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

Toradex is an acquired company based in Horw (Switzerland), founded in 2003. It operates as a Manufacturer of embedded computing modules, single board computers, and related software. Toradex has raised an undisclosed amount in funding from Headway Capital Partners. The company has 36 active competitors, including 4 funded and 7 that have exited. Its top competitors include companies like Thundersoft, SECO and Axiomtek.

Company Details

Manufacturer of embedded computing modules, single board computers, and related software. The company provides hardware and software for industrial automation, healthcare, transportation, and other markets. Its offerings include computer on modules, single board computers, and embedded solutions. The company also offers an embedded Linux operating system and related tools.

Website: www.toradex.com/
Social
Email ID: *****@toradex.com
Phone Number: +91 **********
Registered Address: 2nd Floor, #8, The Pinnacle, 100 Feet Road, Koramangala 5th Block, Bangalore, Bangalore, Karnataka, India, 560095

Key Metrics

Founded Year

2003

Location

Horw, Switzerland

Stage

Acquired

Latest Funding Round

Series A, Oct 12, 2022, $*****

Investors

Headway Capital Partners

Ranked

7^th among 36 active competitors

Annual Revenue

€0 - €1M as on Dec 31, 2016

Employee Count

175 as on May 31, 2026

Similar Companies

Thundersoft & 38 more

Exit Details

Acquired by Verium (Oct 03, 2016)

View Toradex's full profile

Toradex is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TORADEX SYSTEMS (INDIA) PRIVATE LIMITED CIN: U72900KA2011PTC133316 , India, Active	Dec 28, 2011	₹10 - ₹50 Cr (As on Mar 31, 2025)	23 (As on Mar 31, 2020)
TORA PLUS CIN: 45402010466 , Latvia, Deadpooled	Aug 06, 1999	€0 - €1M (As on Dec 31, 2016)	9 (As on Dec 31, 2016)	-

Toradex got acquired by Verium on Oct 03, 2016.

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

Toradex has raised funding over 2 rounds. Its first funding round was on Oct 03, 2016. Its latest funding round was a Series A round on Oct 12, 2022 for $*****. 1 investor participated in its latest round. Toradex has 1 institutional investor.

Here is the list of recent funding rounds of Toradex:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 12, 2022	9555936	Series A	7882804	1412607	6726499	7388605
Oct 03, 2016	6612086	Seed	9176209	4107705	9146858	2253625

Access funding benchmarks and valuations. Sign up today!

View details of Toradex's funding rounds and investors

Toradex's employee count trend

Toradex has 175 employees as of May 26. Here is Toradex's employee count trend over the years:

Uncover Toradex's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Toradex include Thundersoft, SECO and Axiomtek. Here is the list of Top 10 competitors of Toradex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thundersoft 2008, Haidian (China), Seed	Software vendor and OEM for mobile industry	-	Intel, Bloc Ventures & 3 others	60/100
2nd	SECO 1979, Arezzo (Italy), Public	Provider of industrial hardware, software framework, and system integration products	$12.4M	Fondo Italiano d'Investimento	57/100
3rd	Axiomtek 1990, Taipei (Taiwan), Public	Manufacturer of embedded computers	-	-	48/100
4th	Variscite 2003, Lod (Israel), Unfunded	Manufacturer of System-on-module	-	-	45/100
5th	Smart Modular Technologies 1985, Newark (United States), Public	Provider of end-to-end data center solutions for AI and HPC	-	NYSTRS, STRS Ohio & 5 others	44/100
6th	iWave Systems 1999, Bengaluru (India), Seed	Provider of system on modules, single board computers, and related cards	$54.7K	-	44/100
7th	Toradex 2003, Horw (Switzerland), Acquired	Manufacturer of embedded computing modules, single board computers, and related software	-	Headway Capital Partners	42/100
8th	Krtkl 2014, San Francisco (United States), Seed	Provider of embedded hardware and software for robotics	$150K	Phystech Ventures, Boeing & 5 others	41/100
9th	ELDAAS Technologies 2009, Bengaluru (India), Unfunded	Provider of system-on-modules, radar technology, and design and engineering services	-	-	36/100
10th	Theobroma Systems 2006, Vienna (Austria), Acquired	Provider of intelligent devices for IoE and other applications	-	-	32/100