About Essenvia
Essenvia is a company based in Los Angeles (United States) founded in 2018 by Soumya Mahapatra and Basant Sahoo.. Essenvia has raised $5.48 million across 2 funding rounds from investors including Benhamou Global Ventures, Pasadena Angels and Wavemaker 360. The company has 9 employees as of April 05, 2024. Essenvia offers products and services including eSTAR Interface, RIM Platform, Registrations Management, Submissions Management, and Change Assessment. Essenvia operates in a competitive market with competitors including RIMSYS, ValGenesis, Sware, Virtify and 3Aware, among others.
- Headquarter Los Angeles, United States
- Employees 9 as on 05 Apr, 2024
- Founders Soumya Mahapatra, Basant Sahoo
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Essenvia Solutions Private Limited
- Date of Incorporation 27 Jan, 2021
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$242.93 K (USD)25.69as on Mar 31, 2023
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Net Profit
$27.31 K (USD)25.11as on Mar 31, 2023
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EBITDA
$88.09 K (USD)16.04as on Mar 31, 2023
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Total Equity Funding
$5.48 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Benhamou Global Ventures
& 4 more
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Employee Count
9
as on Apr 05, 2024
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Products & Services of Essenvia
Essenvia offers a comprehensive portfolio of products and services, including eSTAR Interface, RIM Platform, Registrations Management, Submissions Management, and Change Assessment. 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.
Facilitates collaborative authoring for FDA 510(k) submissions.
Manages workflows and ensures compliance across product lifecycles.
Handles product registration and tracking for global markets.
Automates creation and management of regulatory submissions.
Evaluates regulatory impacts of product changes.
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Funding Insights of Essenvia
Essenvia has successfully raised a total of $5.48M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(07 Mar 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - Essenvia | Valuation |
investors |
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| Mar, 2023 | Amount | Seed - Essenvia | Valuation | Wavemaker 360 , Benhamou Global 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 Essenvia
Essenvia has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Benhamou Global Ventures, Pasadena Angels and Wavemaker 360. 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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Founded Year | Domain | Location | |
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A specialized seed fund is operated for enterprise infrastructure startups.
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Founded Year | Domain | Location | |
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Early-stage venture capital firm focusing on Asia regions.
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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 Essenvia
| 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 - Essenvia
| 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 |
Essenvia Comparisons
Competitors of Essenvia
Essenvia 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 RIMSYS, ValGenesis, Sware, Virtify and 3Aware, 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 |
Medical device regulatory management software is provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Validation software is provided for life sciences companies.
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| domain | founded_year | HQ Location |
Validation automation platform for regulated systems is provided.
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| domain | founded_year | HQ Location |
Delivers content and compliance management software solutions.
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| domain | founded_year | HQ Location |
Provider of real-world evidence platform for MedTech device safety and performance
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Essenvia
Frequently Asked Questions about Essenvia
When was Essenvia founded?
Essenvia was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Essenvia located?
Essenvia is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Essenvia?
Soumya Mahapatra is the current CEO of Essenvia. They have also founded this company.
Is Essenvia a funded company?
Essenvia is a funded company, having raised a total of $5.48M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.48M, raised on Mar 07, 2023.
How many employees does Essenvia have?
As of Apr 05, 2024, the latest employee count at Essenvia is 9.
What is the annual revenue of Essenvia?
Annual revenue of Essenvia is $242.93K as on Mar 31, 2023.
What does Essenvia do?
Essenvia was founded in 2018 in Los Angeles, United States, as a provider of software solutions tailored to medical device companies. Tools are offered for managing pre- and post-market workflows, including dashboards that facilitate cross-functional collaboration, processes for handling initial and subsequent device modifications, regulatory compliance management, and administrative tasks. Operations focus on streamlining these areas for manufacturers in the healthcare sector.
Who are the top competitors of Essenvia?
Essenvia's top competitors include RIMSYS, Sware and ValGenesis.
What products or services does Essenvia offer?
Essenvia offers eSTAR Interface, RIM Platform, Registrations Management, Submissions Management, and Change Assessment.
Who are Essenvia's investors?
Essenvia has 5 investors. Key investors include Benhamou Global Ventures, Pasadena Angels, Wavemaker 360, First Rays Venture Partners, and Rebright Partners.
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