About Cardinality.ai
Cardinality.ai is a Government & Social Sector company based in Gaithersburg (United States) founded in 2015 by Thiag Loganathan and Vijay Krishna. Provider of case management solutions for government agencies to manage citizen services. Cardinality.ai has raised $12.5 million across 1 funding round from investors including Boathouse Capital. The company has 33 employees. Its chief executive, as recorded, is Thiag Loganathan. Its Indian entity Cardinality India Private Limited reported revenue of ₹12.30 Cr. Its focus areas include Enterprise Applications, GovTech and Suite. Its competitors include CityBase, Polimorphic and Edmunds GovTech; 2 of its 3 listed competitors have raised funding.
Company details
Cardinality.ai was founded in 2015 in Gaithersburg, United States, as a data technology company focused on government sector operations. An AI-integrated SaaS platform is offered to agencies for case management, enabling information capture and retrieval by caseworkers. Tools for administrative tasks, performance tracking, trend identification, and data analytics are included to support citizen services.
- Headquarters Gaithersburg, United States
- Employees 33
- Founders Thiag Loganathan, Vijay Krishna
- SectorsGovernment & Social Sector
- Email••••••••
- Website cardyai.com
- Social LinkedIn X
- Legal Name Cardinality India Private Limited
- Date of Incorporation 09 Feb, 2022
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹12.30 Cr
FY 2024 · +22% YoY
- Indian entity net profit₹1.12 Cr
FY 2024 · 9% margin
- Indian entity EBITDA₹1.51 Cr
FY 2024 · 12% margin
- Total Equity Funding$12.5M (USD)
in 1 rounds
- Latest Funding Round$12.5M (USD), Series B
Apr 2023
- Investors
- Employee Count33
Associated legal entities of Cardinality.ai
Cardinality.ai operates through Cardinality India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cardinality India Private Limited CIN U72900TN2022FTC149799 | Active | 09 Feb 2022 | Chennai, Tamil Nadu | ₹12.3 Cr | 33 | 2 | View details |
Funding Insights of Cardinality.ai
Cardinality.ai has successfully raised a total of $12.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $12.5 million completed in April 2023. 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 $12.5M
- Total Rounds 1
- Last Round Series B — $12.5M
- First Round $12.5M
(Apr 2023)
- Investors Count 1
All 1 funding rounds of Cardinality.ai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | $12.5M | Series B | – | Boathouse Capital | – |
1 investors in total: 1 institutional.
Investors in Cardinality.ai
Cardinality.ai has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Boathouse Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| boathousecapital.com |
Investor details for Cardinality.ai
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Board of directors of Cardinality India Private Limited (Cardinality.ai)
Cardinality India Private Limited is the primary company behind Cardinality.ai. The board of Cardinality India Private Limited currently have 2 directors; the longest-serving is Veeraraghavan Vijay Krishna, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Veeraraghavan Vijay Krishna DIN 05353670 | Director | 09 Feb 2022 | 4 yrs 9 mo | Cardinality India Private Limited |
| Ramesh Natarajan Abhiman Ramnath DIN 10542714 | Director | 11 Mar 2024 | 2 yrs 8 mo | Cardinality India Private Limited |
People of Cardinality.ai
2 people are tracked at Cardinality.ai (2 in leadership); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
Thiag Loganathan | CEO & ex-Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Cardinality.ai
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Financials of Cardinality.ai
Figures of Cardinality India Private Limited, the primary company behind Cardinality.ai, for FY 2024. Revenue was ₹12.30 Cr (+22% year on year). Net profit was ₹1.12 Cr (9% margin). EBITDA was ₹1.51 Cr (12% margin).
- ₹12.30 CrRevenue · FY 2024 · +22% YoY
- ₹1.12 CrNet profit · 9% margin
- ₹1.51 CrEBITDA · 12% margin
- ₹10 LakhPaid-up capital
- 33Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Cardinality India Private Limited are on its company page.
Detailed financial statements for Cardinality.ai
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Timeline of Cardinality.ai
2 dated milestones of Cardinality.ai across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Cardinality.ai is founded.
- Funding First funding round of $12.5M.
Competitors of Cardinality.ai
Cardinality.ai has 3 listed competitors in our database, 2 of them funded. They include CityBase, Polimorphic and Edmunds GovTech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thecitybase.com | 2011 | Chicago, United States | $21.11M | 77 | Cloud-based solutions are provided for streamlining smart city operations. | |
| polimorphic.com | 2018 | Palo Alto, United States | $24.24M | Cloud-based solutions for government operations and administration are provided. | ||
| edmundsgovtech.com | 1972 | Northfield, United States | Cloud-based software solutions for government financial operations are provided. |
Detailed competitors of Cardinality.ai
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Web traffic of Cardinality.ai
The website of Cardinality.ai (cardyai.com) receives about 4.1K visits a month.
- Monthly visits4.1K
▼ 28% vs previous month
Top companies in GovTech
3 companies that operate in the same segment as Cardinality.ai (GovTech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Axon is focused on developing public safety technology solutions. | 1993 | Scottsdale, Arizona, United States | USD 2.78 B | 4,100 | ||
Administrative tools and civic engagement platforms are provided to governments. | 1999 | San Ramon, California, United States | USD 235.62 M | |||
Cloud-based software for visualizing municipal financial data is provided. | 2012 | Redwood City, California, United States | USD 182.12 M | USD 2.39 M | 90 |
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Related news about Cardinality.Ai
Complete news archive for Cardinality.ai
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Frequently Asked Questions about Cardinality.ai
Cardinality.ai was founded in 2015 and raised its 1st funding round 8 years after it was founded.
Cardinality.ai is headquartered in Gaithersburg, United States. It is registered at Gaithersburg, Maryland, United States.
Thiag Loganathan is the CEO of Cardinality.ai, as recorded in our data. They have also founded this company.
Cardinality.ai is a funded company, having raised a total of $12.5M across 1 funding round to date. The company's 1st funding round was a Series B of $12.5M, raised on Apr 2023.
Cardinality.ai has 33 employees.
The primary company behind Cardinality.ai, Cardinality India Private Limited, reported revenue of ₹12.30 Cr for FY 2024, up 22% year on year.
Cardinality.ai was founded in 2015 in Gaithersburg, United States, as a data technology company focused on government sector operations. An AI-integrated SaaS platform is offered to agencies for case management, enabling information capture and retrieval by caseworkers. Tools for administrative tasks, performance tracking, trend identification, and data analytics are included to support citizen services.
Cardinality.ai's top competitors include Polimorphic, CityBase and Edmunds GovTech.
Cardinality.ai has 1 investor. Key investors include Boathouse Capital.
Cardinality.ai operates through Cardinality India Private Limited.
The legal entities of Cardinality.ai currently have 2 directors, including Ramesh Natarajan Abhiman Ramnath, Veeraraghavan Vijay Krishna.