ABAX

ABAX is a Norwegian startup that focuses on enabling business insight and value from connected mobility data. With a strong focus on customer needs, the company translates these into advanced technology solutions, unlocking the potential of company data. As one of the largest IoT companies, ABAX offers solutions for mileage claim, tool tracking, and equipment control, with over 500.000 tracked units worldwide. In 2020, the company embarked on a journey to expand into developing mobility data solutions, venturing into new verticals such as insurance and leasing, positioning itself as the preferred data provider for the B2B industry on a wider scale. ABAX's solutions are designed to help customers run their businesses smarter and healthier by facilitating improvements in efficiency, compliance with legislation, and profitability. The company operates across Europe, with a workforce of over 350 employees based in facilities across several European countries. The Head Office is located in Larvik, Norway. The startup has seen its most recent investment in the form of Debt Financing in November 18, 2015, with CORDET as the investor. ABAX presents promising potential in the fields of design, industrial, logistics, manufacturing, and automotive industries, making it an attractive opportunity for potential investors seeking to tap into the emerging market of connected mobility data.