# ACKTEC Technologies Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acktec-technologies-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.acktec.com
- Total disclosed funding: $1M
- Latest round: Seed (Apr 5, 2021)
- Investors on record: 4

## About

Based in Singapore, ACKTEC Technologies Pte Ltd. specializes in innovative technology solutions that address complex challenges across industries, particularly in manufacturing and logistics.ACKTEC Technologies Pte Ltd. was founded in 2014 in Singapore and focuses on delivering advanced software solutions and hardware integrations. The company was co-founded by Annabelle Tan and Rayvan Ho, who serves as the CEO. ACKTEC has raised a total of USD 1.00 mn through funding rounds, including a Seed round led by Octava in April 2021, with participation from EduSpaze, Govin Capital, and SEEDS Capital. The company has completed 2 deals to date.ACKTEC specializes in delivering innovative technology solutions designed to address complex challenges in the industry. Their core offerings encompass advanced software platforms and hardware integrations tailored for sectors such as manufacturing, logistics, and supply chain management. These products aim to enhance operational efficiency, reduce downtime, and streamline processes for businesses looking to optimize their workflows. Since their inception, ACKTEC has focused on creating user-friendly interfaces and robust analytics tools that empower clients to make informed decisions based on real-time data. The company serves a diverse client base across North America and Europe, including small to medium-sized enterprises as well as larger corporations, providing them with the tools necessary to stay competitive in an increasingly digital marketplace.In the most recent financial year, ACKTEC reported a revenue of USD 840,230.80, with an EBITDA of USD -46,421.70. The company generates revenue through a combination of subscription-based services and direct sales of its proprietary software solutions. Clients engage with the company on various transaction structures, typically involving annual subscriptions for software access, which includes ongoing support and updates. Additionally, ACKTEC may form strategic partnerships with industry players, allowing for bundled solutions that enhance value for end users. Their flagship products are priced competitively to attract a wide range of customers, ensuring accessibility while maintaining robust functionality. The company’s revenue model also includes tailored pricing plans for enterprise clients, which can involve bespoke service agreements designed to meet specific operational needs.ACKTEC Technologies Pte Ltd. plans to expand its product offerings with new software solutions designed to launch within the next year. The company is targeting expansion into new markets in Southeast Asia and Europe, aiming for entry by the end of 2022. The funds raised in the Seed round will be strategically utilized to support product development and market penetration efforts.

## Funding rounds

- Seed, Apr 5, 2021 — Govin Capital
- Seed, Mar 22, 2021, $1M — Govin Capital, Octava, SEEDS Capital, EduSpaze

## Investors

- Govin Capital (https://capitalatlas.ai/funds/govin-capital) — Seed
- Octava — Seed
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Seed
- EduSpaze (https://capitalatlas.ai/funds/eduspaze) — Seed