ExactSpace

Bengaluru, India Founded: 2018 • Age: 8 yrs Acquired By Thermax
Developer of online predictive maintenance solutions for manufacturing
Annual revenue $704,382 Latest available
Total funding $1.4M 2 rounds
Employees 59 Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 11 Brand Intelligence

About ExactSpace

ExactSpace is a company based in Bengaluru (India) founded in 2018 by Arun Jose, Boben Anto, and Rahul Raghunathan was acquired by Thermax in April 2026. ExactSpace has raised $1.4 million across 2 funding rounds from investors including Thermax, Startup Karnataka and Shell E4. The company has 59 employees as of April 07, 2024. ExactSpace offers products and services including Pulse. ExactSpace operates in a competitive market with competitors including Uptake, Infinite Uptime, Uptime AI, I-Care and SparkCognition, among others.

  • Headquarter Bengaluru, India
  • Employees 59 as on 07 Apr, 2024
  • Founders Arun Jose, Boben Anto, Rahul Raghunathan
  • Stage Minicorn
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Exactspace Technologies Private Limited
  • Date of Incorporation 14 Dec, 2017
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $704.38 K (USD)
    48.21
    as on Mar 31, 2023
  • Net Profit
    -$74.42 K (USD)
    -136
    as on Mar 31, 2023
  • EBITDA
    -$75.22 K (USD)
    -133.21
    as on Mar 31, 2023
  • Total Equity Funding
    $1.4 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.4 M (USD), Seed

    Jan 13, 2022

  • Investors
    Thermax

    & 2 more

  • Employee Count
    59

    as on Apr 07, 2024

  • Acquired by
    Thermax

    (Apr 09, 2026)

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Products & Services of ExactSpace

ExactSpace offers a comprehensive portfolio of products and services, including Pulse.

Product name locked
Category locked
Primary

AI-powered tool for predictive maintenance and process optimization

Funding Insights of ExactSpace

ExactSpace has successfully raised a total of $1.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.4 million completed in January 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 ExactSpace

ExactSpace has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Thermax, Startup Karnataka and Shell E4.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Energy sectors are targeted by Shell-backed accelerator program.
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Energy and environmental solutions are provided for industrial sectors.
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Support for startups in Karnataka is delivered through policies, funding, and networking services.
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Investor details for ExactSpace

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  • Investor domains
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Investments & Acquisitions by ExactSpace

Investments
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Investment portfolio details for ExactSpace

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Financial Statements - ExactSpace

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Detailed financials for ExactSpace

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Exactspace Comparisons

ExactSpace Primary company
Description
Developer of online predictive maintenance solutions for man...
Location
Bengaluru, India
Founded Year
2018
Annual Revenue
$704.38 K (USD)
Net Profit
-$74.42 K (USD)
EBITDA
-$75.22 K (USD)
Employees
59
As of 2024
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Peer comparison for ExactSpace

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Competitors of ExactSpace

ExactSpace 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 Uptake, Infinite Uptime, Uptime AI, I-Care and SparkCognition, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based predictive analytics platform is utilized for asset maintenance insights.
Locked Locked Locked
AI-powered predictive maintenance solutions are provided for industrial equipment reliability.
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Provider of cloud based management solutions
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Predictive maintenance solutions are provided for industrial equipment.
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AI based platform offering predictive analytics solution
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Web-enabled solutions for asset operations and maintenance management are offered.
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Detailed competitors of ExactSpace

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Latest news on Exactspace

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Complete news archive for ExactSpace

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Frequently Asked Questions about ExactSpace

ExactSpace was founded in 2018 and raised its 1st funding round 1 year after it was founded.

ExactSpace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Rahul Raghunathan is the current CEO of ExactSpace. They have also founded this company.

ExactSpace is a funded company, having raised a total of $1.4M across 2 funding rounds to date.

As of Apr 07, 2024, the latest employee count at ExactSpace is 59.

Annual revenue of ExactSpace is $704.38K as on Mar 31, 2023.

Developer of online predictive maintenance solutions for manufacturing. It offers AI and IoT-interfaced platform that analyzes machines and assets to diagnose faults and rectify errors and monitor production processes. It provides real-time data generated from automation systems and enterprise systems and offers insights for users to take business and operational decisions. It also uses a machine learning algorithm for predictive analytics and data extraction. Its applications are in thermal stations, chemicals, refineries, and manufacturers.

ExactSpace's top competitors include UpKeep, Uptime AI and Infinite Uptime.

ExactSpace offers Pulse.

ExactSpace has 3 investors. Key investors include Thermax, Startup Karnataka, and Shell E4.

The valuation of ExactSpace is $8.44M as of Jan 2022.

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