About Economize
Economize is a Technology company based in Walnut (United States) founded in 2020 by Anirudh Murali and Amrish Kumar. It operates as a cloud-based financial analytics platform for businesses. The company has 1 employees. Its chief executive is Anirudh Murali. Its website economize.cloud draws about 66 thousand monthly visits. Its Indian entity Economize Labs Private Limited reported revenue of ₹1.48 Cr. Economize offers products and services including Reports, Recommendations, Notifications, and Explorer. Its focus areas include FinTech, Finance & Accounting Tech, Financial Planning & Analysis and Financial Analytics. Its competitors include Incorta, insightsoftware, OneStream Software, Compass and Binocs and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
Economize was founded in 2020 and is based in Walnut, United States. A cloud-based platform is operated in the financial analytics sector, where cost data analysis, financial insights, and cash flow optimization are provided to businesses. Monthly cost breakdowns, component separations, and enhanced visibility into finance and utilization are facilitated through its billing console system, supporting operational efficiency across various business functions.
- Headquarters Walnut, United States
- Employees 1
- Founders Anirudh Murali, Amrish Kumar
- SectorsTechnology
- Email••••••••
- Website economize.cloud
- Social LinkedIn X
- Legal Name Economize Labs Private Limited
- Date of Incorporation 15 Feb, 2021
- Jurisdiction Madurai, Tamil Nadu, India
- Annual Revenue₹1.48 Cr
FY 2024 · +88% YoY
- Net Profit₹18.1 Lakh
FY 2024 · 12% margin
- EBITDA₹25.9 Lakh
FY 2024 · 17% margin
- Employee Count1
Associated legal entities of Economize
Economize operates through Economize Labs 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 |
|---|---|---|---|---|---|---|---|
| Economize Labs Private Limited CIN U72900TN2021PTC141396 | Active | 15 Feb 2021 | Madurai, Tamil Nadu | ₹1.5 Cr | – | 2 | View details |
Products & Services of Economize
Economize offers a comprehensive portfolio of products and services, including Reports, Recommendations, Notifications, and Explorer.
Provides detailed views of cloud costs and usage
Identifies potential savings in cloud expenses
Delivers real-time alerts on cost anomalies
Offers comprehensive view of cloud assets
Board of directors of Economize Labs Private Limited (Economize)
Economize Labs Private Limited is the primary company behind Economize. The board of Economize Labs Private Limited currently have 2 directors; the longest-serving is Murali Venkatesh Anirudh, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Murali Venkatesh Anirudh DIN 09067837 | Director | 15 Feb 2021 | 5 yrs 8 mo | Economize Labs Private Limited |
| Pollu Prem Kumar Amrish Kumar DIN 09067838 | Director | 15 Feb 2021 | 5 yrs 8 mo | Economize Labs Private Limited |
People of Economize
8 people are tracked at Economize (2 in leadership, 6 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Aditya Sharma | Software Engineer (full Stack) | Team |
Sridip Dutta | Software Engineer | Team |
Aman Soni | Founding Product Manager | Team |
Aman Tiwari | Software Engineer | Team |
Harshita Mangla | Software Engineer | Team |
Simran Sardar | Product Designer | Team |
Complete people profiles for Economize
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Financials of Economize
Figures of Economize Labs Private Limited, the primary company behind Economize, for FY 2024. Revenue was ₹1.48 Cr (+88% year on year). Net profit was ₹18.1 Lakh (12% margin). EBITDA was ₹25.9 Lakh (17% margin).
- ₹1.48 CrRevenue · FY 2024 · +88% YoY
- ₹18.1 LakhNet profit · 12% margin
- ₹25.9 LakhEBITDA · 17% margin
- ₹14,740Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Economize Labs Private Limited are on its company page.
Detailed financial statements for Economize
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Economize
Economize has 8 listed competitors in our database, 8 of them funded. They include Incorta, insightsoftware, OneStream Software, Compass and Binocs, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| incorta.com | 2013 | San Mateo, United States | $202.12M | 120 | AI-based business intelligence platform is provided for real-time data analytics. | |
| insightsoftware.com | 2001 | Raleigh, United States | $801.07M | 66 | Financial reporting and performance management solutions are provided for businesses. | |
| onestreamsoftware.com | 2010 | Rochester, United States | $200M | 688 | Enterprise finance management solutions are provided by OneStream Software. | |
| compass.co | 2011 | San Francisco, United States | $7.7M | 4,420 | Realtime benchmarks on e-commerce performance data are delivered via dashboard. | |
| binocs.co | 2022 | Bengaluru, India | $4M | 16 | Gen AI powered document analyzer and loan monitoring system | |
| fluencetech.com | 2018 | Toronto, Canada | $10.17M | – | Cloud-based financial data analytics and management solutions are offered. | |
| accountfy.com | 2017 | Sao Paulo, Brazil | $7.63M | – | Cloud-based accounting software is offered for business financial management. | |
| getaleph.com | 2018 | New York, United States | $46.07M | 3 | AI-native FP&A software and data management solutions are provided by Aleph for finance teams. |
Detailed competitors of Economize
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Web traffic of Economize
The website of Economize (economize.cloud) receives about 66K visits a month.
- Monthly visits66K
▼ 4.1% vs previous month
Websites whose visitors overlap most with Economize. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
enreap.com | enreap.com | 100% | – | #3,079,332 | – |
| spot.io | 98% | 45.8K | #355,494 | View details | |
| cloudzero.com | 98% | 259.7K | #190,392 | View details | |
cloudprice.net | cloudprice.net | 93% | – | #559,922 | – |
| holori.com | 93% | 86.4K | #481,226 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Economize
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Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Economize (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about Economize
Complete news archive for Economize
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Frequently Asked Questions about Economize
Economize was founded in 2020.
Economize is headquartered in Walnut, United States. It is registered at Walnut, California, United States.
Anirudh Murali is the current CEO of Economize. They have also founded this company.
Economize has 1 employees.
The primary company behind Economize, Economize Labs Private Limited, reported revenue of ₹1.48 Cr for FY 2024, up 88% year on year.
Economize was founded in 2020 and is based in Walnut, United States. A cloud-based platform is operated in the financial analytics sector, where cost data analysis, financial insights, and cash flow optimization are provided to businesses. Monthly cost breakdowns, component separations, and enhanced visibility into finance and utilization are facilitated through its billing console system, supporting operational efficiency across various business functions.
Economize's top competitors include Incorta, OneStream Software and Binocs.
Economize offers Reports, Recommendations, Notifications, and Explorer.
Economize operates through Economize Labs Private Limited.
The legal entities of Economize currently have 2 directors, including Murali Venkatesh Anirudh, Pollu Prem Kumar Amrish Kumar.