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§ Private Profile · Reykjavík, Gullbringusysla, Iceland
Offers real-time supply chain monitoring and visibility solutions for pharmaceuticals and food & beverage, focused on Cold Chain as a Service.
Controlant is a Reykjavik, Iceland-based technology company that provides real-time supply chain monitoring and visibility solutions using IoT devices and cloud analytics for regulated industries. The company operates a software-as-a-service platform focused on cold chain logistics, primarily serving the pharmaceutical, life sciences, and food and beverage sectors globally. Controlant demonstrated significant financial growth, generating over $133 million in revenue and $66 million in EBITDA during the 2022 fiscal year while maintaining a global workforce of 430 employees. The enterprise recently secured $35 million in funding under a leadership team that includes Chairman Ásthildur Otharsdóttir and Chief Financial Officer Guðmundur Árnason. Its digital tracking infrastructure is utilized by Fortune 500 enterprises and global pharmaceutical manufacturers to monitor the temperature of critical shipments like COVID-19 vaccines. Controlant was founded in 2007 by Gísli Herjólfsson, Trausti Thórmundsson, and Erlingur Brynjúlfsson.
Controlant has raised $55.0M across 2 funding rounds.
Controlant has raised $55.0M in total across 2 funding rounds.
Controlant has raised $55.0M across 2 funding rounds. Most recently, it raised $40.0M Debt in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 20, 2023 | $40M Debt Financing | Albert Costa Centena | — | Announced |
| Dec 15, 2020 | $15M Series B | — | Frumtak Ventures, Sjóvá, VIS | Announced |
Controlant has raised $55.0M in total across 2 funding rounds.
Controlant's investors include Albert Costa Centena, Frumtak Ventures, Sjóvá, VIS.