About Crocus
Crocus is a company based in Redwood City (United States) founded in 2016 by David Kuhwan Kim and Benjamin Ott. It operates as a AI-as-a-Service, Green Energy-as-a-Service, and Mobility-as-a-Service. Crocus has raised $7.82 million across 2 funding rounds from investors including Samsung Venture Investment, E&Investment and Pioneer Investments. Crocus offers products and services including Acelo EV, Acelo Grid, and Acelo Management. Crocus operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.
- Headquarter Redwood City, United States
- Founders David Kuhwan Kim, Benjamin Ott
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction Technology
- Phone•••• ••••
- Website crocus.ai/en
- Social LinkedIn X Facebook YouTube
- Legal Name Crocus Co., Ltd.
- Date of Incorporation 10 Aug, 1977
- Jurisdiction Maharashtra, India
- Total Equity Funding$7.82M (USD)
in 2 rounds
- Latest Funding Round$4.9M (USD), Series B
Mar 2023
- InvestorsSamsung Venture Investment
& 5 more
Associated legal entities of Crocus
Crocus operates through , (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| , CIN U99999MH1977PLC010754 | Active | 10 Aug 1977 | Nanded, Maharashtra | – | – | – | View details |
Products & Services of Crocus
Crocus offers a comprehensive portfolio of products and services, including Acelo EV, Acelo Grid, and Acelo Management.
Innovative EV chargers are provided for sustainable mobility.
Energy efficiency is optimized through smart grid solutions.
AI-driven energy demand is managed in real-time effectively.
Apps and channels of Crocus
its YouTube channel CROCUS has 3 subscribers and 4 videos.
Videos from Crocus
The most watched videos on Crocus's YouTube channel, CROCUS (3 subscribers). Click a video to play it here.
More on CROCUS.
Funding Insights of Crocus
Crocus has successfully raised a total of $7.82M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $4.9 million completed in March 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 $7.82M
- Total Rounds 2
- Last Round Series B — $4.9M
- First Round $2.92M
(Jul 2020)
- Investors Count 6
All 2 funding rounds of Crocus 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 |
|---|---|---|---|---|---|
| Mar 2023 | $4.9M | Series B | – | E&Investment, Pioneer Investments | – |
| Jul 2020 | $2.92M | Series A | – | Samsung Venture Investment, GU Equity Partners | – |
6 investors in total: 6 institutional.
Investors in Crocus
Crocus has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Samsung Venture Investment, E&Investment and Pioneer Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | eninvestment.co.kr | - | |
Venture capital is provided to AI, biotech, and content-led companies. | – | snsinvestment.co.kr | Seongnam-si, South Korea | |
Venture capital investments are made in promising startups. | 1999 | samsungventure.co.kr | Seocho, South Korea | |
Venture capital investments are provided to innovative entrepreneurs. | – | guequity.co.kr | - | |
Pioneer Investments is engaged in investment and insurance distribution. | – | thepioneerinvestments.com | Faridabad, India | |
Functions as an investment management firm handling diversified funds and portfolios. | 1996 | shinhanfund.com | Seoul, South Korea |
Investor details for Crocus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Crocus
3 people are tracked at Crocus (3 in leadership).
| Name | Role | Group |
|---|---|---|
David Kuhwan Kim | Co-Founder & President | Leadership |
Benjamin Ott | Co-Founder | Leadership |
Daniel Lim | CEO & Co-Founder | Leadership |
Complete people profiles for Crocus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Crocus
3 dated milestones of Crocus across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Crocus is founded.
- Funding First funding round of $2.9M.
- Funding Latest funding round, Series B, of $4.9M.
Competitors of Crocus
Crocus 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 Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| signify.com | 1891 | Eindhoven, Netherlands | – | – | Signify is recognized as a global leader in lighting solutions. | |
| danfoss.com | 1933 | Nordborg, Denmark | $41.22M | 27,491 | Manufacturer of energy efficiency products | |
| landisgyr.com | 1896 | Zug, Switzerland | $1.03B | 996 | End-to-end energy management solutions are provided for utilities worldwide. | |
| mrisoftware.com | 1971 | Solon, United States | $125M | 781 | Property management software is provided for residential and commercial properties. | |
| tibber.com | 2016 | Stockholm, Sweden | $177M | 61 | Provider of solutions for energy monitoring for residential building | |
| powersecure.com | 1991 | Wake Forest, United States | – | 1,030 | Energy efficiency and smart grid management solutions | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| osram.com | 1919 | Munich, Germany | – | 13 | Automotive lighting equipment is manufactured by Osram in Germany. |
Detailed competitors of Crocus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Crocus
The website of Crocus (crocus.ai) receives about 3.8K visits a month.
- Monthly visits3.8K
▲ 1.3% vs previous month
Latest news on Crocus
Complete news archive for Crocus
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Crocus
10 companies that operate in the same segment as Crocus (Facility Management Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based video intercoms and physical security systems are provided. | 2000 | Tysons, Virginia, United States | USD 137.36 M | USD 1.01 B | 2,009 | |
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 | |
Cloud and app-based facility management and service automation platform | 1999 | New York, New York, United States | USD 56 M | – | – | |
SaaS-based CAFM software is delivered for commercial facility management. | 1995 | Leicester, England, United Kingdom | USD 23.43 M | USD 98.38 M | 774 |
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Frequently Asked Questions about Crocus
Crocus was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Crocus is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Crocus is a funded company, having raised a total of $7.82M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.92M, raised on Jul 2020.
Crocus is focused on providing AI-driven energy management solutions and electric vehicle charging infrastructure. The company is involved in optimizing energy usage through innovative technologies, targeting energy efficiency for households, businesses, and industries. Solutions like Acelo EV, Acelo Grid, and Acelo Management are developed to support sustainable urban living and green mobility. The energy sector is addressed with smart grid systems to minimize energy loss. Commitment to environmental goals such as ESG, RE100, and CF100 is emphasized in their operations.
Crocus's top competitors include Particle, Landis+Gyr and Danfoss.
Crocus offers Acelo EV, Acelo Grid, and Acelo Management.
Crocus has 6 investors. Key investors include Samsung Venture Investment, E&Investment, Pioneer Investments, Shinhan Asset Management, and S&S Investment.
Crocus operates through ,.