Bynry

Lewes, United States Founded: 2016 • Age: 10 yrs
Cloud-based solutions for utility and billing management are provided.

About Bynry

Bynry is a company based in Lewes (United States) founded in 2016 by Nilesh Gudhe. Bynry has raised $100 thousand across 2 funding rounds from investors including Upekkha and Callapina. The company has 139 employees. Bynry operates in a competitive market with competitors including PowerSecure, Gorilla, Uplight, Technosylva and powercloud, among others.

  • Headquarter Lewes, United States
  • Employees 139
  • Founders Nilesh Gudhe
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website bynry.com
  • Social LinkedIn X
  • Legal Name Bynry Technologies India Private Limited
  • Date of Incorporation 26 Apr, 2016
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹4.86 Cr

    FY 2023 · -13% YoY

  • Net Profit
    ₹80.5 Lakh

    FY 2023 · 17% margin

  • EBITDA
    ₹1.02 Cr

    FY 2023 · 21% margin

  • Total Equity Funding
    $100K (USD)

    in 2 rounds

  • Investors
    Upekkha

    & 1 more

  • Employee Count
    139

Funding Insights of Bynry

Bynry has successfully raised a total of $100K across 2 strategic funding rounds. 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 $100,000
  • Total Rounds 2
  • First Round $100,000

    (Nov 2021)

  • Investors Count 2

All 2 funding rounds of Bynry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2024–Seed––
Nov 2021$100,000Seed–Upekkha
–
Valuation history

2 investors in total: 2 institutional.

Investors in Bynry

Bynry has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Upekkha and Callapina.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
AI startup acceleration and networking services are offered globally.
2017upekkha.ioBengaluru, India
-
–callapina.com-
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Investor details for Bynry

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Board of directors of Bynry Technologies India Private Limited (Bynry)

Bynry Technologies India Private Limited is the primary company behind Bynry. The board of Bynry Technologies India Private Limited currently have 2 directors; the longest-serving is Kirti Nilesh Gudhe, appointed in 2016. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Kirti Nilesh Gudhe
DIN 06502492
Director26 Apr 201610 yrs 5 moBynry Technologies India Private Limited
Nilesh Prabhakar Gudhe
DIN 07043364
Director26 Apr 201610 yrs 5 moBynry Technologies India Private Limited

People of Bynry

3 people are tracked at Bynry (2 in leadership, 1 in team); the tracked headcount is 139.

NameRoleGroup
FounderLeadership
Sandeep Sonkusale
Director - Product and DeliveryLeadership
Akshay Raje
Software EngineerTeam
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Complete people profiles for Bynry

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Bynry

Figures of Bynry Technologies India Private Limited, the primary company behind Bynry, for FY 2023. Revenue was ₹4.86 Cr (-13% year on year). Net profit was ₹80.5 Lakh (17% margin). EBITDA was ₹1.02 Cr (21% margin). Revenue has grown at a compounded annual rate of +18% over three years and +26% over five years.

  • ₹4.86 CrRevenue · FY 2023 · -13% YoY
  • ₹80.5 LakhNet profit · 17% margin
  • ₹1.02 CrEBITDA · 21% margin
  • ₹1.2 LakhPaid-up capital
  • 139Employees (provident fund records)
  • +18%Revenue CAGR, 3 years
  • +26%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Bynry Technologies India Private Limited are on its company page.

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Detailed financial statements for Bynry

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Timeline of Bynry

3 dated milestones of Bynry across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bynry is founded.
  2. Funding First funding round of $100K.
  3. Funding Latest funding round, Seed,.

Competitors of Bynry

Bynry 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 PowerSecure, Gorilla, Uplight, Technosylva and powercloud, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
powersecure.com1991Wake Forest, United States–1,030
Energy efficiency and smart grid management solutions
gorilla.co2018Antwerp, Belgium$31M18
Developer of electricity transmission based utility projects
uplight.com2019Boulder, United States$30M–
AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings
technosylva.com1997California, United States––
Provider of GIS-enabled software solutions for multiple sectors
power.cloud2012Offenburg, Germany–101
Cloud-based energy solutions for transition and customer engagement are provided.
sparkmeter.io2013–$41.58M14
Provider of cloud-based digital meters to store and communicate electricity consumption
itineris.net2003Marietta, United States$32.52M63
Customer care and operations technologies for utilities are provided.
lumenaza.de2013Berlin, Germany$10.8M38
Renewable electricity is traded and billed via a SaaS platform.
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Detailed competitors of Bynry

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Web traffic of Bynry

The website of Bynry (bynry.com) receives about 8K visits a month.

  • Monthly visits
    8K

    ▲ 98.3% vs previous month

Similar websites

Websites whose visitors overlap most with Bynry. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
jobs.joindevops.com
jobs.joindevops.com
100%
–#1,206,894–
launchconsulting.com
46%
9.2K#2,371,958View details
cyient.com
46%
163.7K#215,285View details
sew.ai
46%
60.5K#520,579View details

Latest news on Bynry

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Complete news archive for Bynry

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Similar companies to Bynry

10 companies that operate in the same segment as Bynry (Smart Grid & Transmission Systems), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 1.96 B––
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168 M––
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Renewable energy is supplied via app-based platform by OVO Energy.
2009Bristol, England, United KingdomUSD 515.61 M––
AI and cloud-driven solutions for energy optimization are provided.
2009Millbrae, California, United StatesUSD 228.56 MUSD 156.27 M569
Distributed energy grids are provided for clean electricity and utilities.
2010London, England, United KingdomUSD 130.7 M––
IoT-enabled distributed energy resource management solutions are provided.
2011Redwood City, California, United StatesUSD 158.75 MUSD 2.47 M50
End-to-end energy management solutions are provided for utilities worldwide.
1896Zug, Zug, SwitzerlandUSD 1.03 BUSD 1.17 B6,300
Solar-powered electricity is delivered via an app-based platform.
2020Berlin, Berlin, GermanyUSD 45.99 M––
Provider of smart street lighting solutions
1992Jaipur, Rajasthan, India–USD 504.88 M1,430
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Frequently Asked Questions about Bynry

Bynry was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Bynry is headquartered in Lewes, United States. It is registered at Lewes, Delaware, United States.

Bynry is a funded company, having raised a total of $100K across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Nov 2021.

Bynry has 139 employees.

The primary company behind Bynry, Bynry Technologies India Private Limited, reported revenue of β‚Ή4.86 Cr for FY 2023, down 13% year on year.

Bynry was founded in 2016 and is headquartered in Lewes, United States. A cloud-based platform is offered in the software sector, focusing on smart utility and billing solutions. Customer complaints are managed, orders are automated, and satisfaction is optimized through these tools. Multiple communication channels are supported for engagement, with integrations available across systems. Services operate on a subscription model for businesses.

Bynry's top competitors include PowerSecure, Gorilla and SparkMeter.

Bynry has 2 investors. Key investors include Upekkha, and Callapina.

Bynry operates through Bynry Technologies India Private Limited.

The legal entities of Bynry currently have 2 directors, including Kirti Nilesh Gudhe, Nilesh Prabhakar Gudhe.

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