Bert Labs

Bengaluru, India Founded: 2017 • Age: 9 yrs Minicorn
AI-IoT solutions for energy efficiency optimization are provided.

About Bert Labs

Bert Labs is a Technology company based in Bengaluru (India) founded in 2017 by Bhavana M. Mittal. It operates as an AI-IoT solutions for energy efficiency optimization are provided. It operates in the Technology and Industrial Goods & Manufacturing sectors. Bert Labs has raised $1.74 million across 7 funding rounds from investors including Kailash Katkar, Sanjay Katkar and Jeevan Patwa. The company has 30 employees. Bert Labs was last valued at $93.78 million in April 2024. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Stack and Digital Twin. Its legal entity in India is Bert Labs Private Limited (U74999KA2017PTC099306). Its competitors include Hexagon, Lantronix, Kontakt, Haltian and Wind River and 5 more; 6 of its 10 listed competitors have raised funding.

Company details

Bert Labs was founded in 2017 in Bengaluru, India, as a provider of AI-IoT solutions focused on energy efficiency. Operations center on integrating artificial intelligence and Internet of Things technologies to support business optimization. Services include platforms for energy management, carbon footprint reduction, and improvements in supply chain planning and logistics across various sectors.

  • Headquarters Bengaluru, India
  • Employees 30
  • Founders Bhavana M. Mittal
  • Stage Minicorn
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website bertlabs.com
  • Social LinkedIn
  • Legal Name Bert Labs Private Limited
  • Date of Incorporation 19 Jan, 2017
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Net Loss
    -₹11,715

    FY 2024 · -42885% margin

  • EBITDA
    -₹12,170

    FY 2024 · -44552% margin

  • Total Equity Funding
    $1.74M (USD)

    in 7 rounds

  • Latest Funding Round
    $239.83K (USD), Seed

    Apr 2024

  • Employee Count
    30

Funding Insights of Bert Labs

Bert Labs has successfully raised a total of $1.74M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $239.83 thousand completed in April 2024. 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 $1.74M
  • Total Rounds 7
  • Last Round Seed β€” $239,828
  • First Round $189,314

    (Aug 2018)

  • Investors Count 19

All 7 funding rounds of Bert Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2024$239,828Seed$93.78M–
Jul 2021$1MAngel Round$27.84MJeevan Patwa, Jeewan Patwa
Oct 2020$162,099Angel Round$‒‒‒‒‒–
Aug 2020$13,761Angel Round$β€’β€’β€’β€’β€’Ramdas Nyayapati
–
Apr 2020$26,500Angel Round$‒‒‒‒‒–
–
Sep 2019$105,317Angel Round$β€’β€’β€’β€’β€’Ramdas Nyayapati
Aug 2018$189,314Angel Round$β€’β€’β€’β€’β€’Sudheep Polavarapu, Kalyana Raghuram Jasti
Valuation history
DateValuationStage
Apr 2024$93.78Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2021$27.84Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Aug 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Apr 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Sep 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Aug 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Bert Labs

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Last known valuation $93.78M (Apr 2024). 19 investors in total: 1 institutional and 18 angel.

Investors in Bert Labs

Bert Labs has secured backing from 19 investors, including angel and institutional investors. Prominent investors backing the company include Kailash Katkar, Sanjay Katkar and Jeevan Patwa.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
-
–brijkishortrading.tcc.mode-

Kailash Katkar

-
–unknown_c75d760807d94275a-

Sanjay Katkar

Co-founder of Quick Heal Technologies, prominent Indian angel investor
–unknown_9d67cf1321674a8ca-

Jeevan Patwa

-
–unknown_4bca3ff184df4ec6a-

Amol Dhariya

-
–unknown_06ac44184fdb4b7c8-

Indra Sanna Reddy

-
–unknown_a45aea4e85ce49d38-

Niranjan Parvatha Reddy

-
–unknown_fbbefd22c126408c8-

Jeewan Patwa

-
–unknown_100bf06018c444efb-

Ramdas Nyayapati

-
–unknown_0083c65d0f6c4bdca-

Shivani Garg

-
–unknown_17c6c1fcc4f44fa08-
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Investor details for Bert Labs

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Board of directors of Bert Labs Private Limited (Bert Labs)

Bert Labs Private Limited is the primary company behind Bert Labs. The board of Bert Labs Private Limited currently have 2 directors; the longest-serving is Rohit Kocher, appointed in 2017. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rohit Kocher
DIN 07711116
Director19 Jan 20179 yrs 8 moBert Labs Private Limited
Bhavana Mittal
DIN 09339034
Director19 Oct 20215 yrsBert Labs Private Limited

People of Bert Labs

5 people are tracked at Bert Labs (4 in leadership, 1 in team); the tracked headcount is 30.

NameRoleGroup
Co-FounderLeadership
Rohit Kochar
Founder Executive Chairman & CEOLeadership
Bhavana M.
Co-founderLeadership
Manish Nair
General Manager ProductsLeadership
Abhay Raina
Lead Researcher - Bert Geminus / Optimus - Chemical Based Modelling & Simulation And AI At Bert LabsTeam
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Financials of Bert Labs

Figures of Bert Labs Private Limited, the primary company behind Bert Labs, for FY 2024. Net loss was -₹11,715 (-42885% margin). EBITDA was -₹12,170 (-44552% margin). Revenue has grown at a compounded annual rate of -97% over three years.

  • -₹11,715Net loss · -42885% margin
  • -₹12,170EBITDA · -44552% margin
  • ₹31.4 LakhPaid-up capital
  • 30Employees (provident fund records)
  • -97%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Bert Labs Private Limited are on its company page.

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Detailed financial statements for Bert Labs

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Timeline of Bert Labs

4 dated milestones of Bert Labs across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bert Labs is founded.
  2. Funding First funding round of $189K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $240K.

Competitors of Bert Labs

Bert Labs has 10 listed competitors in our database, 6 of them funded. They include Hexagon, Lantronix, Kontakt, Haltian and Wind River, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pas.com1993Houston, United States$40M111
Threat detection and vulnerability assessment for ICS/DCS/SCADA are provided.
lantronix.com1989Irvine, United States–143
Provider of end to end IoT components
kontakt.io2013Krakow, Poland$55.77M–
AI-based location and sensor data insights are provided for businesses.
haltian.com2012Oulu, Finland$46.38M–
End-to-end IoT solutions and sensors for enterprises are provided.
windriver.com1981Alameda, United States–448
AI and cloud-enabled embedded software is provided for connected systems.
unabiz.com2016Singapore$85M–
IoT product design, manufacturing, and data platform services are provided.
advantech.com1983Bengaluru, India–70
Network equipment, automation, and embedded computing solutions are provided.
digi.com1985Minnetonka, United States–822
IIoT devices, services, and M2M networking solutions are provided.
easylinkin.com2015Wuhan, China$80.63M–
LoRaWAN modules and gateways are supplied for network management.
echelon.com1988Santa Clara, United States$16M40
An open-standard embedded platform for IoT applications is provided.
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Detailed competitors of Bert Labs

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Web traffic of Bert Labs

The website of Bert Labs (bertlabs.com) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▲ 1028.1% vs previous month

Top companies in Digital Twin & Simulation Platforms

10 companies that operate in the same segment as Bert Labs (Digital Twin & Simulation Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of cloud and AI-based virtual tour solutions for construction professionals
2011Sunnyvale, California, United StatesUSD 163.18 M––
Hexagon is recognized for delivering advanced measurement and automation technologies.
1980Stockholm, Sweden–USD 6.52 B–
Construction sites are monitored via AI-powered SaaS technology.
2017San Francisco, California, United StatesUSD 198.7 M––
Industrial process data is analyzed through advanced analytics solutions.
2013Seattle, Washington, United StatesUSD 198.14 M–138
AI-based software for production data analysis and collaboration is provided.
2016Lysaker, Akershus, NorwayUSD 225 MUSD 82.56 M931
No-code platform for AR and VR metaverse experiences is provided.
2016San Mateo, California, United StatesUSD 10.6 MUSD 563.59 K61
Network testing platform is utilized for visibility and outage prevention.
2013Los Altos, California, United StatesUSD 112.97 M––
Blockchain-based network for AI infrastructure and applications is operated.
2017Cambridge, Cambridgeshire, United KingdomUSD 61.95 M––
Web-based platform for solar power plant optimization is developed.
2019Berkeley, California, United StatesUSD 207 M––
Provider of AI-based clinical trial management software
2017San Francisco, California, United StatesUSD 127.13 M––
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Frequently Asked Questions about Bert Labs

Bert Labs was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Bert Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Bert Labs is a funded company, having raised a total of $1.74M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $189.31K, raised on Aug 2018.

Bert Labs has 30 employees.

Annual revenue of Bert Labs is $6.52K as on Mar 31, 2023.

Bert Labs was founded in 2017 in Bengaluru, India, as a provider of AI-IoT solutions focused on energy efficiency. Operations center on integrating artificial intelligence and Internet of Things technologies to support business optimization. Services include platforms for energy management, carbon footprint reduction, and improvements in supply chain planning and logistics across various sectors.

Bert Labs's top competitors include Digi International, UnaBiz and Kontakt.

Bert Labs has 19 investors. Key investors include Kailash Katkar, Sanjay Katkar, Jeevan Patwa, Amol Dhariya, and Indra Sanna Reddy.

The valuation of Bert Labs is $93.78M as of Apr 2024.

Bert Labs operates through Bert Labs Private Limited.

The legal entities of Bert Labs currently have 2 directors, including Bhavana Mittal, Rohit Kocher.

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