About CUSMAT
CUSMAT is a company based in Bengaluru (India) founded in 2016 by Anirban Jyoti Chakravorty. CUSMAT has raised $4.22 million across 8 funding rounds from investors including Angel List, Better Mortgage and MapmyIndia. The company has 57 employees as of April 09, 2024. CUSMAT offers products and services including SkillEdge, VR-based Operator Simulators, and Operator Skilling Platform. CUSMAT operates in a competitive market with competitors including Attensi, Interplay Learning, Transfr, Simulanis and Strivr, among others.
- Headquarter Bengaluru, India
- Employees 57 as on 09 Apr, 2024
- Founders Anirban Jyoti Chakravorty
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Cusmat Technologies Private Limited
- Date of Incorporation 16 Jun, 2016
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$222.63 K (USD)113.62as on Mar 31, 2023
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Net Profit
-$647.13 K (USD)-199.7as on Mar 31, 2023
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EBITDA
-$650.05 K (USD)-199.87as on Mar 31, 2023
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Total Equity Funding
$4.22 M (USD)
in 8 rounds
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Latest Funding Round
$3.5 M (USD), Series A
Aug 04, 2022
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Investors
Angel List
& 125 more
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Employee Count
57
as on Apr 09, 2024
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Products & Services of CUSMAT
CUSMAT offers a comprehensive portfolio of products and services, including SkillEdge, VR-based Operator Simulators, and Operator Skilling Platform.
Simulation-based training for industrial skills and efficiency
Virtual reality tools for operator safety and productivity
Platform for enhancing industrial operator expertise
People of CUSMAT
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Funding Insights of CUSMAT
CUSMAT has successfully raised a total of $4.22M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in August 2022. 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.
Investors in CUSMAT
CUSMAT has secured backing from 126 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Better Mortgage and MapmyIndia.
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Venture capital firm investing in applied generative AI
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Investing in pre-seed to Series A startups across various sectors in India.
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Startup accelerator
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Investor details for CUSMAT
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Investments & Acquisitions by CUSMAT
Investment portfolio details for CUSMAT
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Financial Statements - CUSMAT
Detailed financials for CUSMAT
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Cusmat Comparisons
Peer comparison for CUSMAT
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Competitors of CUSMAT
CUSMAT 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 Attensi, Interplay Learning, Transfr, Simulanis and Strivr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of gamified simulation training for corporates
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VR simulation-based online training is provided for technical skills.
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VR-based online LMS for enterprise career training is offered.
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Developer of virtual, augmented, and mixed reality training and productivity tools.
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Virtual reality platforms for training and learning are provided.
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Cloud-based VR training platform is offered for corporate use.
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Detailed competitors of CUSMAT
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Latest news on Cusmat
Complete news archive for CUSMAT
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Frequently Asked Questions about CUSMAT
CUSMAT was founded in 2016 and raised its 1st funding round 3 years after it was founded.
CUSMAT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
CUSMAT is a funded company, having raised a total of $4.22M across 8 funding rounds to date.
As of Apr 09, 2024, the latest employee count at CUSMAT is 57.
Annual revenue of CUSMAT is $222.63K as on Mar 31, 2023.
CUSMAT was founded in 2016 in Bengaluru, India, as a developer of simulation-based training platforms focused on industrial skills. Equipment operation simulators, mobile learning applications, and VR hands-on skilling platforms are provided to enhance productivity and safety. These solutions serve sectors such as logistics, manufacturing, and healthcare, with training delivered via mobile apps and VR simulators for accessible learning experiences.
CUSMAT's top competitors include Attensi, Interplay Learning and Simulanis.
CUSMAT offers SkillEdge, VR-based Operator Simulators, and Operator Skilling Platform.
CUSMAT has 126 investors. Key investors include Angel List, Better Mortgage, MapmyIndia, BlackSoil, and Growit.
The valuation of CUSMAT is $11.92M as of Aug 2022.