# Rombit NV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rombit

- Industry: Software
- Headquarters: Antwerp, Belgium
- Website: www.rombit.be
- Total disclosed funding: $36M
- Latest round: Series B (Feb 16, 2022)
- Investors on record: 3

## About

Rombit NV provides innovative IoT solutions enhancing worker safety, improving operational efficiency, and optimizing material handling performance across various industries.Rombit NV, founded in 2012 in Antwerp, Belgium, specializes in IoT solutions. Recently, on February 16, 2022, the company raised USD 25 mn in a Series B funding round co-led by Belgian Growth Fund and Tikehau Investment Management. The firm has completed 3 deals to date, with its latest funding marking the total amount raised at USD 25 mn. CEO Evert Bulcke leads the company.Rombit specializes in delivering plug-and-play IoT solutions that enhance worker safety compliance, improve operational efficiency, and optimize the performance of material handling equipment. Their flagship offerings include the Rombit Platform, Rombit Smart Badge, and Rombit Anchor, addressing operational challenges in sectors such as logistics, oil and gas, construction, and healthcare. These solutions facilitate real-time data collection and automated reporting, promoting proactive management of safety and workflows for a diverse client base across Europe, North America, and Asia.In the most recent fiscal year, Rombit reported a revenue of USD 969,330.8. The company operates on a B2B basis, offering subscription-based models and direct sales of its IoT solutions, which are integral to enhancing operational safety and efficiency for its clients.Following the USD 25 mn raised in Series B funding in February 2022, Rombit plans to scale its operations in the EU, the US, and the Middle East. The funding will support the development of new products and the expansion into these targeted markets, enabling the company to broaden its reach and enhance its service offerings.

## Funding rounds

- Series B, Feb 16, 2022, $25M — Tikehau Capital, Belgian Growth Fund
- Series B, Oct 16, 2019, $11M — InvestLink nv

## Investors

- InvestLink nv (https://capitalatlas.ai/funds/investlink-nv) — Series B
- Tikehau Capital — Series B
- Belgian Growth Fund (https://capitalatlas.ai/funds/belgian-growth-fund) — Series B