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Vector - About the company

Vector is an early stage company based in Stuttgart (Germany), founded in 1988 by Eberhard Hinderer, Helmut Schelling and Martin Litschel. It operates as a Provider of solutions for development, testing, and validation of embedded systems. Vector has raised $735K in funding. The company has 113 active competitors, including 19 funded and 20 that have exited. Its top competitors include companies like Sonatus, Data Patterns and Aeris.

Company Details

Provider of solutions for development, testing, and validation of embedded systems. The company offers software, hardware, and engineering services to simplify embedded systems advancement. These solutions cater to industries including automotive, medical devices, and industrial automation. The company’s offerings support various stages of product creation.
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Email ID
*****@vector.com
Phone Number
+49 **********
Key Metrics
Founded Year
1988
Location
Stuttgart, Germany
Stage
Early Stage
Total Funding
$735K in 2 rounds
Investors
Ranked
Annual Revenue
€500M - €1B as on Dec 31, 2024
Employee Count
2,922 as on Aug 31, 2026
Investment & Acquisitions
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Vector's funding and investors

Vector has raised a total funding of $735K over 2 rounds. Its first funding round was on Jan 01, 2021. Vector has 1 institutional investor.

Here is the list of recent funding rounds of Vector:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 11, 2023
8833285
Unattributed
7948641
9872086
2537945
7520514
Jan 01, 2021
4192806
Grant (prize money)
7764208
6779632
2082223
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Vector's founders and board of directors

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The founders of Vector are Eberhard Hinderer, Helmut Schelling and Martin Litschel.
Here are the details of Vector's key team members:

Vector's employee count trend

Vector has 2,922 employees as of Aug 26. Here is Vector's employee count trend over the years:
Employee count trend for Vector
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Vector's Competitors and alternates

Top competitors of Vector include Sonatus, Data Patterns and Aeris. Here is the list of Top 10 competitors of Vector, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sonatus
Sonatus
2018, Sunnyvale (United States), Series B
Developer of software-defined vehicle technologies, including AI-powered diagnostic and data solutions
$110M
64/100
2nd
Logo for Data Patterns
Data Patterns
1985, Chennai (India), Public
Provider of mission‑critical embedded electronic systems and sensor‑centric solutions
-
62/100
3rd
Logo for Aeris
Aeris
1992, Santa Clara (United States), Series B
Platform offering IoT solutions including connectivity, security, and device management
$30M
61/100
4th
Logo for TASKING
TASKING
1986, Amersfoort (Netherlands), Acquired
Provider of software development tool for carmakers
-
57/100
5th
Logo for Vector
Vector
1988, Stuttgart (Germany), Early Stage
Provider of solutions for development, testing, and validation of embedded systems
$735K
57/100
6th
Logo for Banma Network Technology
Banma Network Technology
2015, Shanghai (China), Series B
Connected car platform
$698M
56/100
7th
Logo for Airlinq
Airlinq
2010, San Ramon (United States), Series B
IoT and SaaS-based provider of application development solutions for connected ecosystems
$23.2M
55/100
8th
Logo for IAR Systems
IAR Systems
1983, Uppsala (Sweden), Public
Developer of embedded development software and tools for various industries
-
-
50/100
9th
Logo for HighTec
HighTec
1982, Saarbrucken (Germany), Unfunded
Developer of commercial open source compiler
-
-
48/100
10th
Logo for EmbeDL
EmbeDL
2018, Gothenburg (Sweden), Seed
Provider of an SDK and hub for edge AI model optimization
$9.14M
48/100
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Vector's Investments and acquisitions

Vector has made 5 investments in companies including Driver Technologies and nearMe. Vector has also acquired 8 companies including Rocqstat Software Technology and Eyyes.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 20, 2026
Acquisition
-
Mar 04, 2024
Acquisition
2013
Gedersdorf (Austria)
Nov 29, 2023
Investments
2021
Minato (Japan)
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Reports related to Vector

Here is the latest report on Vector's sector:

News related to Vector

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Media has covered Vector for a total of 21 events in the last 1 year, 10 of them have been about company updates and 6 about partnerships.
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