About Ackcio
Ackcio is a company based in Singapore (Singapore) founded in 2016 by Nimantha Baranasuriya and Mobashir Mohammad.. Ackcio has raised $3.51 million across 3 funding rounds from investors including Wavemaker Partners, AccelerAsia and Atlas Ventures. Ackcio offers products and services including Ackcio Beam, Ackcio Nodes, Ackcio Gateway, Ackcio Mesh, and Ackcio Software. Ackcio operates in a competitive market with competitors including Brickeye, IDENTEC SOLUTIONS, Zyfra, Muon Vision and AmpControl, among others.
- Headquarter Singapore, Singapore
- Founders Nimantha Baranasuriya, Mobashir Mohammad
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Sectors
Real Estate & ConstructionTechnology Natural Resources
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Email
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Phone
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Website
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Social
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- Legal Name Ackcio Pte Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.51 M (USD)
in 3 rounds
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Latest Funding Round
$2.98 M (USD), Series A
Sep 16, 2021
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Investors
Wavemaker Partners
& 7 more
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Employee Count
Employee Count
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Products & Services of Ackcio
Ackcio offers a comprehensive portfolio of products and services, including Ackcio Beam, Ackcio Nodes, Ackcio Gateway, Ackcio Mesh, and Ackcio Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
End-to-end wireless system for industrial sensor automation
Devices for monitoring geotechnical and structural sensors
Master device coordinating wireless monitoring systems
Network for long-distance sensor data transmission
Tools for data analysis and system configuration
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Funding Insights of Ackcio
Ackcio has successfully raised a total of $3.51M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.98 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $3.0M
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First Round
First Round
(22 Mar 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - Ackcio | Valuation | Atlas Ventures | |
| Jun, 2020 | Amount | Seed - Ackcio | Valuation | Wavemaker Partners , Michael Gryseels | |
| Mar, 2017 | Amount | Seed - Ackcio | Valuation | Entrepreneur First |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ackcio
Ackcio has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Wavemaker Partners, AccelerAsia and Atlas Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage VC firm focused on fast-growing sectors
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Founded Year | Domain | Location | |
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ackcio
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ackcio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ackcio Comparisons
Competitors of Ackcio
Ackcio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brickeye, IDENTEC SOLUTIONS, Zyfra, Muon Vision and AmpControl, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Wireless sensor monitoring solutions are offered for construction sites.
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| domain | founded_year | HQ Location |
Hardware and software solutions for field operations are provided.
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| domain | founded_year | HQ Location |
Provider of robots, AI, and IIoT based solutions for mining industries
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| domain | founded_year | HQ Location |
Online fluids monitoring platform is provided for the mining industry.
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| domain | founded_year | HQ Location |
Mining operations solutions in communications and monitoring are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ackcio
Frequently Asked Questions about Ackcio
When was Ackcio founded?
Ackcio was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Ackcio located?
Ackcio is headquartered in Singapore, Singapore.
Who is the current CEO of Ackcio?
Mobashir Mohammad is the current CEO of Ackcio. They have also founded this company.
Is Ackcio a funded company?
Ackcio is a funded company, having raised a total of $3.51M across 3 funding rounds to date. The company's 1st funding round was a Seed of $530K, raised on Mar 22, 2017.
What does Ackcio do?
Ackcio was founded in 2016 in Singapore and focuses on IoT-based geotechnical monitoring solutions across multiple industries. Operations center on the Ackcio Beam, an automation tool that connects to sensors for geotechnical and structural monitoring. Data is collected in real-time, uploaded to the cloud, and managed centrally. Capabilities include remote oversight, real-time decision support, risk assessment, and productivity tracking, serving sectors like construction and infrastructure.
Who are the top competitors of Ackcio?
Ackcio's top competitors include Brickeye, AmpControl and IDENTEC SOLUTIONS.
What products or services does Ackcio offer?
Ackcio offers Ackcio Beam, Ackcio Nodes, Ackcio Gateway, Ackcio Mesh, and Ackcio Software.
Who are Ackcio's investors?
Ackcio has 8 investors. Key investors include Wavemaker Partners, AccelerAsia, Atlas Ventures, Aletra Capital Partners, and Michael Gryseels.
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