EDGENeural

Pune, India Founded: 2019 • Age: 7 yrs Minicorn
Provider of an edge AI platform

About EDGENeural

EDGENeural is a Technology company based in Pune (India) founded in 2019. Provider of an edge AI platform. EDGENeural has raised $134.67 thousand across 1 funding round from investors including Anicut Capital, 100Unicorns and Venkat Raju. EDGENeural was last valued at $1.15 million in June 2021. Its Indian entity Edgeneural Ai Private Limited reported revenue of β‚Ή32.7 Lakh. EDGENeural offers products and services including ENAP Studio, Model Zoo, and ENAP Use Cases. Its focus areas include High Tech, AI Infrastructure, Machine Intelligence Systems and Machine Learning Platforms. Its competitors include Myelin Foundry and SandLogic; 2 of its 2 listed competitors have raised funding.

Company details

EDGENeural was founded in 2019 in Pune, India, as a provider in the edge AI sector. An edge-enabled AI platform is offered, allowing developers to handle deep learning models across various hardware types. Hardware independence is supported, along with an open-source low-code environment for plug-and-play operations. Performance analysis and graphical reports are included, facilitating end-to-end workload processing in AI applications.

  • Headquarters Pune, India
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website edgeneural.ai
  • Social LinkedIn X Facebook
  • Legal Name Edgeneural Ai Private Limited
  • Date of Incorporation 27 Dec, 2019
  • Jurisdiction Satara, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹32.7 Lakh

    FY 2022 · +292% YoY

  • Net Loss
    -₹97.6 Lakh

    FY 2022 · -299% margin

  • EBITDA
    -₹95.3 Lakh

    FY 2022 · -292% margin

  • Total Equity Funding
    $134.67K (USD)

    in 1 rounds

  • Latest Funding Round
    $134.67K (USD), Seed

    Jun 2021

  • Investors

Products & Services of EDGENeural

EDGENeural offers a comprehensive portfolio of products and services, including ENAP Studio, Model Zoo, and ENAP Use Cases.

ENAP Studio
AI Workflow Platform

Tool for training and optimizing edge AI models on various hardware

Model Zoo
Pre-optimized Models

Library of pre-trained AI models for quick deployment and applications

ENAP Use Cases
AI Application Examples

Examples demonstrating edge AI solutions for real-world scenarios

Funding Insights of EDGENeural

EDGENeural has successfully raised a total of $134.67K through 1 strategic funding round. The most recent funding activity was a Seed round of $134.67 thousand completed in June 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 $134,672
  • Total Rounds 1
  • Last Round Seed β€” $134,672
  • First Round $134,672

    (Jun 2021)

  • Investors Count 5

All 1 funding rounds of EDGENeural with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$134,672Seed$1.15MAnicut Capital
Valuation history
DateValuationStage
Jun 2021$1.15Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.15M (Jun 2021). 5 investors in total: 2 institutional and 3 angel.

Investors in EDGENeural

EDGENeural has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Anicut Capital, 100Unicorns and Venkat Raju.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
2015anicutcapital.comChennai, India
A startup accelerator offering funding and support to early-stage companies.
2020100unicorns.inMumbai, India

Venkat Raju

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Samir Inamdar

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
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Dilip Angal

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Investor details for EDGENeural

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Edgeneural Ai Private Limited (EDGENeural)

Edgeneural Ai Private Limited is the primary company behind EDGENeural. The board of Edgeneural Ai Private Limited currently have 2 directors; the longest-serving is Sarvesh Bansilal Devi, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sarvesh Bansilal Devi
DIN 08651905
Director27 Dec 20196 yrs 10 moEdgeneural Ai Private Limited
Poonam Sarvesh Devi
DIN 09799986
Additional Director24 Nov 20223 yrs 11 moEdgeneural Ai Private Limited

Financials of EDGENeural

Figures of Edgeneural Ai Private Limited, the primary company behind EDGENeural, for FY 2022. Revenue was ₹32.7 Lakh (+292% year on year). Net loss was -₹97.6 Lakh (-299% margin). EBITDA was -₹95.3 Lakh (-292% margin).

  • ₹32.7 LakhRevenue · FY 2022 · +292% YoY
  • -₹97.6 LakhNet loss · -299% margin
  • -₹95.3 LakhEBITDA · -292% margin
  • ₹12,313Paid-up capital

Balance sheet, profit and loss, cash flow and ratios of Edgeneural Ai Private Limited are on its company page.

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Detailed financial statements for EDGENeural

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of EDGENeural

3 dated milestones of EDGENeural across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded EDGENeural is founded.
  2. Funding First funding round of $135K.
  3. Milestone Reaches Minicorn status.

Competitors of EDGENeural

EDGENeural has 2 listed competitors in our database, 2 of them funded. They include Myelin Foundry and SandLogic.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
myelinfoundry.com2019Bengaluru, India$10.7M38
Deep tech startup that leverages artificial intelligence to transform human experiences
sandlogic.com2016Bengaluru, India$9.35M70
Provider of Edge AI Saas based platform
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Detailed competitors of EDGENeural

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about EDGENeural

EDGENeural was founded in 2019 and raised its 1st funding round 2 years after it was founded.

EDGENeural is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

EDGENeural is a funded company, having raised a total of $134.67K across 1 funding round to date. The company's 1st funding round was a Seed of $134.67K, raised on Jun 2021.

The primary company behind EDGENeural, Edgeneural Ai Private Limited, reported revenue of β‚Ή32.7 Lakh for FY 2022, up 292% year on year.

EDGENeural was founded in 2019 in Pune, India, as a provider in the edge AI sector. An edge-enabled AI platform is offered, allowing developers to handle deep learning models across various hardware types. Hardware independence is supported, along with an open-source low-code environment for plug-and-play operations. Performance analysis and graphical reports are included, facilitating end-to-end workload processing in AI applications.

EDGENeural's top competitors include Myelin Foundry and SandLogic.

EDGENeural offers ENAP Studio, Model Zoo, and ENAP Use Cases.

EDGENeural has 5 investors. Key investors include Anicut Capital, 100Unicorns, Venkat Raju, Samir Inamdar, and Dilip Angal.

The valuation of EDGENeural is $1.15M as of Jun 2021.

EDGENeural operates through Edgeneural Ai Private Limited.

The legal entities of EDGENeural currently have 2 directors, including Sarvesh Bansilal Devi, Poonam Sarvesh Devi.

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