# Teklatech

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

- Industry: Electronics
- Headquarters: Copenhagen, Denmark
- Website: www.teklatech.com
- Total disclosed funding: $1.5M
- Latest round: Seed (May 26, 2007)
- Investors on record: 1

## About

Teklatech is a technology company focused on delivering innovative software solutions aimed at enhancing operational efficiency and data management across various industries.Founded in 2006 in Copenhagen, Denmark, Teklatech is dedicated to developing technology solutions that streamline business operations. The company has pivoted strategically, having raised DKK 5 million in funding from Vaekstfonden and five business angels in May 2009. Tobias Bjerregaard serves as both the CEO and Founder, bringing significant expertise in the tech sector.Teklatech specializes in providing innovative technology solutions designed to streamline operations and enhance efficiency across various industries. Their core products encompass a range of software applications tailored to optimize data management, facilitate real-time communication, and improve overall productivity for businesses. Targeted primarily at mid to large-sized enterprises, Teklatech's offerings are utilized in sectors such as manufacturing, logistics, and healthcare, where data accuracy and operational efficiency are critical. The company's solutions enable users to address complex challenges related to resource allocation, workflow automation, and performance analytics. Teklatech's products are distributed in key markets, including North America, Europe, and parts of Asia, establishing a robust customer base that includes both direct clients and indirect users through partnerships with system integrators.In 2017, Teklatech generated revenue of DKK 966,416, and reported an EBITDA of DKK -24,750 for the year 2019. Their revenue model is primarily subscription-based, allowing clients to access their software solutions on a recurring basis through a tiered pricing structure based on user count or data volume.Teklatech plans to release several new software products aimed at enhancing data analytics capabilities and improving user experience in the upcoming quarters. The company is also looking to expand into new markets, specifically targeting regions in Asia and North America by 2025. The DKK 5 million raised in May 2009 will be utilized to support these product developments and market expansion initiatives.

## Funding rounds

- Seed, May 26, 2007, $1.5M — SEED Capital

## Investors

- SEED Capital (https://capitalatlas.ai/funds/seed-capital) — Seed