About Cumulus Digital Systems
Cumulus Digital Systems is a company based in Cambridge (United States) founded in 2018.. Cumulus Digital Systems has raised $12.5 million across 2 funding rounds from investors including Shell, GEC and Brick & Mortar Ventures. Cumulus Digital Systems offers products and services including Quality Execution System (QES) and Mobile Application. Cumulus Digital Systems operates in a competitive market with competitors including Sparta Systems, MicroDynamics, SensoVision, 24 Vision System and DeeDiim, among others.
- Headquarter Cambridge, United States
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Cumulus Digital Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.5 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series A
Jan 04, 2021
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Investors
Shell
& 4 more
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Employee Count
Employee Count
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Products & Services of Cumulus Digital Systems
Cumulus Digital Systems offers a comprehensive portfolio of products and services, including Quality Execution System (QES) and Mobile Application. 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.
System for digitizing workflows and tracking quality in field operations
App for guiding workers and capturing real-time quality data
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Funding Insights of Cumulus Digital Systems
Cumulus Digital Systems has successfully raised a total of $12.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in January 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 2
- Last Round Series A — $8.0M
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First Round
First Round
(19 Dec 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series A - Cumulus Digital Systems | Valuation | GEC | |
| Dec, 2018 | Amount | Seed - Cumulus Digital Systems | Valuation | Brick & Mortar Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Cumulus Digital Systems
Cumulus Digital Systems has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Shell, GEC and Brick & Mortar 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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VC firm investing in the US
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Founded Year | Domain | Location | |
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Venture capital investing and portfolio management services for accredited investors.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Shell
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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 Cumulus Digital Systems
| 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 - Cumulus Digital Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Cumulus Digital Systems Comparisons
Competitors of Cumulus Digital Systems
Cumulus Digital Systems 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 Sparta Systems, MicroDynamics, SensoVision, 24 Vision System and DeeDiim, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based quality management software is offered for organizational processes.
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| domain | founded_year | HQ Location |
Quality inspection software solutions for printing are provided by MicroDynamics.
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| domain | founded_year | HQ Location |
Vision-based quality inspection solutions are provided for manufacturing.
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| domain | founded_year | HQ Location |
AI and vision-based quality management system
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| domain | founded_year | HQ Location |
Machine vision based sensor for surface inspection
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Cumulus Digital Systems
Frequently Asked Questions about Cumulus Digital Systems
When was Cumulus Digital Systems founded?
Cumulus Digital Systems was founded in 2018.
Where is Cumulus Digital Systems located?
Cumulus Digital Systems is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Cumulus Digital Systems a funded company?
Cumulus Digital Systems is a funded company, having raised a total of $12.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Dec 19, 2018.
What does Cumulus Digital Systems do?
Cumulus provides cloud-based operations and maintenance management platform for the construction industry. The platform manages the construction workflows and collects data from digitally-enabled tools in the field. Its product offerings include Smart Torque System for collecting and managing the field data. Its features include real-time quality assurance, progress tracking, real-time work progress monitoring, automatic generation of digital completion records, end-to-end configurable workflows, and bluetooth enabled digital tools.
Who are the top competitors of Cumulus Digital Systems?
Cumulus Digital Systems's top competitors include Sparta Systems, MicroDynamics and 24 Vision System.
What products or services does Cumulus Digital Systems offer?
Cumulus Digital Systems offers Quality Execution System (QES) and Mobile Application.
Who are Cumulus Digital Systems's investors?
Cumulus Digital Systems has 5 investors. Key investors include Shell, GEC, Brick & Mortar Ventures, Alumni Ventures, and Shell Ventures.
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