UICO Inc.

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UICO Inc. - overview

Location

Elmhurst, IL, US

Primary Industry

Hardware

About

UICO Inc. designs and manufactures Projected Capacitive (PCAP) touch screens optimized for extreme environments, ensuring reliable performance in wet conditions and while operated with gloves. UICO Inc. specializes in developing advanced touch screen technology.


Founded by Bill Lee, the company operates from its headquarters in Elmhurst, US. On January 23, 2014, UICO raised growth capital funding led by Beringea Private Equity, with participation from Hyde Park Angels and Plymouth Ventures. UICO specializes in the development of Projected Capacitive (PCAP) touch screens that function reliably in extreme conditions, including wet environments and while being operated with gloves. Their core offerings encompass a wide range of touchscreen solutions, including optically bonded displays, touchscreen sensors, and monitors in sizes from 1 inch to 86 inches.


UICO's technology is utilized across multiple sectors such as appliances, medical devices, industrial equipment, outdoor kiosks, marine, military, and gaming. The company serves key clients in healthcare, automotive, and outdoor signage sectors who require rugged, waterproof, and sunlight-readable displays, primarily marketing its products in North America, Europe, and Asia. UICO generates revenue through direct sales of its PCAP touchscreen solutions to various businesses, establishing partnerships via B2B transactions. The company's sales model includes one-time purchases along with long-term supply agreements, catering to clients' tailored touchscreen technology needs.


UICO's flagship products, highlighting high-brightness and waterproof displays, meet specific industry demands, ensuring consistency across diverse applications. The pricing of UICO's offerings reflects their customization and durability, supporting their competitive edge and fostering loyalty among clients. UICO plans to enhance its product line by introducing new touch screen solutions designed to meet emerging market demands. The company targets expansion into additional markets in Europe and Asia by 2016, leveraging recent funding raised in January 2014 for these initiatives.


The growth capital will be allocated towards product development and market entry strategies, ensuring UICO remains responsive to industry needs.


Current Investors

Hyde Park Angels, Straylight Capital, Beringea

Primary Industry

Hardware

Sub Industries

Computer & Related Peripherals, Systems Management Software

Website

www.uico.com

Verticals

Manufacturing

Company Stage

Growth Stage/Expansion

Total Amount Raised

Subscriber access only

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