- Companies
- SALTO Systems
SALTO Systems Valuation, Funding & Investors
SALTO Systems is valued at $96M as of December 2018.
Last SALTO Systems valuation
$96M
Undisclosed stage · Dec 2018
Last SALTO Systems funding round
$147M
Undisclosed stage · Oct 2020
Cumulative funding SALTO Systems raised
$195M
across 2 funding rounds
Key investors in SALTO Systems
Alantra Partners
Sofina
Inflexion
Bank of America
Peak 6
Capital One
About SALTO Systems
SALTO Systems is an Oiartzun, Spain-based provider of wireless access control solutions securing over 3 million doors in airports, hospitals, government buildings, military bases, colleges, and hotels globally. The XS4 SVN platform delivers standalone networked electronic locks with online real-time capabilities for user monitoring and integration with existing building systems. Hardware supports wire-free networking for instant control and enhanced manageability in diverse environments.
Founded
2001
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$96M (Dec 2018)
Sectors
SALTO Systems Valuation
SALTO Systems is currently valued at $96M, based on its undisclosed-stage round in December 2018.
The $48M round was led by Capital One, with participation from Quassar Capital, Bank of America, Peak 6 and Citadel.
SALTO Systems valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2018 | Undisclosed stage | $96M |
SALTO Systems Funding History
SALTO Systems has raised a total of $195M across 2 funding rounds, plus 1 secondary share sale.
SALTO Systems' first fundraising round was a $48M undisclosed-stage round in December 2018. The most recent completed round was a $147M undisclosed-stage round in October 2020.
SALTO Systems funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2026 | Secondary | Inflexion; Key Wolf; Beraunberri; Alantra Partners; Asúa Inversiones | - | - | - |
| Oct 2020 | Undisclosed stage | Florac; Peninsula Capital; Alantra Partners; Sofina | $147M | - | SALTO Systems raised a EUR 125 million capital increase subscribed by existing shareholder Alantra and new investors Sofina, Peninsula Capital and Florac. The proceeds funded SALTO's acquisition of Gantner Electronic Austria Holding, a supplier of access, locker, cashless payment and ticketing systems for leisure facilities. After the transaction financial investors held a combined 30% of SALTO, with founders and managers keeping 60% and private investors the remainder. |
| Dec 2018 | Undisclosed stage | Capital One (lead); Quassar Capital; Bank of America; Peak 6; Citadel | $48M | $96M | - |
Who has invested in SALTO Systems?
13 investors have backed SALTO Systems across its funding rounds, including Alantra Partners, Sofina, Inflexion, Bank of America, Peak 6 and Capital One.
Lead investors include Capital One.
SALTO Systems Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Oct 2020 | ||
| 1 | Participant | Jul 2026 | ||
| 1 | Participant | Dec 2018 | ||
| -- | 1 | Participant | Jul 2026 | |
| 1 | Participant | Oct 2020 | ||
| 1 | Participant | Dec 2018 | ||
| -- | 1 | Participant | Jul 2026 | |
| -- | 1 | Participant | Oct 2020 | |
| 1 | Participant | Dec 2018 | ||
| 1 | Participant | Oct 2020 | ||
| 1 | Lead | Dec 2018 | ||
This data is available for Pro users. Sign up to see all 13 SALTO Systems investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by SALTO Systems
SALTO Systems has acquired 3 companies to date.
Last acquisition by SALTO Systems was on March 8th 2022. SALTO Systems acquired Cognitec Systems for undisclosed valuation.
Latest Acquisitions by SALTO Systems
| Description | Cognitec Systems is a Dresden-headquartered biometrics firm founded in 2002, renowned for FaceVACS face recognition technology developed since 1995. Serving government and industry clients globally, it employs nearly 60 staff across headquarters and sales offices in the United States and Australia, complemented by consulting and support services at http://www.cognitec.com/. | Gantner Technologies is an Austria-based pioneer in contactless NFC electronic hardware, developing solutions for access control, time tracking, and data capture. | Clay is an Amsterdam-based provider of wireless smart lock technology founded in 2012, specializing in cloud-managed access control systems for hotels, offices, and apartments. Its locking platform integrates with existing hardware, offering keyless entry, remote management, and global support networks without requiring manufacturing investments. |
| HQ Country | |||
| HQ City | Dresden | Schruns | Amsterdam |
| Deal Date | 8 Mar 2022 | 15 Oct 2020 | 20 Jun 2017 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all SALTO Systems acquisitions and their M&A valuation multiples. Start Free Trial | |||
SALTO Systems Competitors
SALTO Systems competitors include listed companies like Concorde International and Xtract One Technologies, and private ones like NineID, One Key Access, NFCkey and Tascent.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $24M | - | ||
| Private | - | - | $1M | - | ||
| Private | - | - | $500K | - | ||
| Publicly listed | $12M | ($14M) | $96M | - | ||
| Private | - | - | $100M | - | ||
| Publicly listed | $10M | ($7M) | $101M | 4.0x |
SALTO Systems Public Comps
SALTO Systems is still privately-owned, but its public comps include Concorde International, Xtract One Technologies, Genasys, Careium, Sibek, Bridger Aerospace Group, Orad, Sustainion Group, Kudelski and Senstar Technologies.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12M | ($14M) | 8.0x | - | (7.0x) | - | |||
| $10M | ($7M) | 9.1x | 4.0x | (12.9x) | (52.9x) | |||
| $41M | ($13M) | 2.1x | 1.5x | (6.6x) | 75.8x | |||
| $87M | $11M | 1.0x | 0.9x | 7.6x | 5.8x | |||
| $18M | $3M | 3.2x | - | 18.5x | - | |||
| $123M | $43M | 6.0x | 5.6x | 17.3x | 14.1x | |||
| - | - | - | - | - | - | |||
| $55M | $5M | 1.0x | 0.7x | 10.5x | 8.1x | |||
This data is available for Pro users. Sign up to see all SALTO Systems competitors and their valuation data. Start Free Trial | ||||||||
Common questions about SALTO Systems
| When was SALTO Systems founded? | SALTO Systems was founded in 2001. |
| Where is SALTO Systems headquartered? | SALTO Systems is headquartered in San Sebastián, Spain. |
| Is SALTO Systems publicly listed? | No, SALTO Systems is a private, VC-backed company. |
| What is SALTO Systems' valuation? | SALTO Systems was last valued at $96M in its undisclosed-stage round in December 2018. |
| How much funding has SALTO Systems raised? | SALTO Systems has raised $195M across 2 funding rounds. |
| What was SALTO Systems' last funding round? | SALTO Systems' last funding round was a $147M undisclosed-stage round in October 2020. |
| Who are SALTO Systems' investors? | SALTO Systems' investors include Alantra Partners, Inflexion, Quassar Capital, Key Wolf, Florac, Bank of America, Beraunberri, Peninsula Capital, Peak 6, Sofina and 3 others. |
| Which companies are comparable to SALTO Systems? | Companies comparable to SALTO Systems include NineID, One Key Access, NFCkey, Concorde International, Tascent and Xtract One Technologies. |
| How many companies has SALTO Systems acquired? | SALTO Systems has acquired 3 companies, including Cognitec Systems, Gantner Technologies and Clay. |
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