About Falkonry
Falkonry is a company based in San Francisco (United States) founded in 2012 was acquired by IFS in August 2023. Falkonry has raised $13.3 million across 6 funding rounds from investors including Sumitomo Corporation, Fortive and IFS. The company has 20 employees as of April 08, 2024. Falkonry offers products and services including Time Series Cloud, Falkonry Workbench, Falkonry Clue, and Falkonry Analyzer. Falkonry operates in a competitive market with competitors including UpKeep, Seeq, Uptake, Uptime AI and I-Care, among others.
- Headquarter San Francisco, United States
- Employees 20 as on 08 Apr, 2024
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Falkonry Software Private Limited
- Date of Incorporation 18 Dec, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$848.76 K (USD)-2.84as on Mar 31, 2023
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Net Profit
$71.53 K (USD)-0.4as on Mar 31, 2023
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EBITDA
$98.32 K (USD)-0.07as on Mar 31, 2023
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Total Equity Funding
$13.3 M (USD)
in 6 rounds
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Latest Funding Round
$3.39 M (USD), Series B
Oct 11, 2024
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Investors
Sumitomo Corporation
& 9 more
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Employee Count
20
as on Apr 08, 2024
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Acquired by
IFS
(Aug 31, 2023)
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Products & Services of Falkonry
Falkonry offers a comprehensive portfolio of products and services, including Time Series Cloud, Falkonry Workbench, Falkonry Clue, and Falkonry Analyzer.
Analyzes industrial data for condition-based actions and predictive maintenance.
Enables engineers to build predictive models for operational efficiency.
Facilitates rapid diagnosis of issues in time series data.
Monitors equipment performance to predict failures and optimize processes.
People of Falkonry
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Funding Insights of Falkonry
Falkonry has successfully raised a total of $13.3M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $3.39 million completed in October 2024. 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 Falkonry
Falkonry has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Sumitomo Corporation, Fortive and IFS.
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Venture capital is provided to multiple sectors by Presidio Ventures.
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US focused venture capital firm
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Research and development, along with group and venture services in technology.
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Investor details for Falkonry
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Investments & Acquisitions by Falkonry
Investment portfolio details for Falkonry
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Financial Statements - Falkonry
Detailed financials for Falkonry
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Falkonry Comparisons
Peer comparison for Falkonry
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Competitors of Falkonry
Falkonry 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 UpKeep, Seeq, Uptake, Uptime AI and I-Care, among others.
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Web-enabled solutions for asset operations and maintenance management are offered.
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Industrial process data is analyzed through advanced analytics solutions.
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Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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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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Provider of a digital twin platform for manufacturing apllications
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Detailed competitors of Falkonry
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Latest news on Falkonry
Complete news archive for Falkonry
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Frequently Asked Questions about Falkonry
Falkonry was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Falkonry is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Falkonry is a funded company, having raised a total of $13.3M across 6 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Falkonry is 20.
Annual revenue of Falkonry is $848.76K as on Mar 31, 2023.
Falkonry helps improve operational management for mission critical equipment in heavy machinery industry using automated data analytics solutions, enables for surgical precision in hidden condition detection and diagnosis. It was selected by Siemens to its 2014 New Ventures Forum in Palo Alto, Silicon Valley. Offers global operations with offices in Santa Clara and Mumbai. It is currently focused on freight locomotives, heavy trucks, power turbines, and gas compressors and finds its applications for industrial customers from energy to transportation and from aviation to agriculture. The company is bootstrapped since 2012. Has a second office in Mumbai. Raised angel funding in April 2015.
Falkonry offers Time Series Cloud, Falkonry Workbench, Falkonry Clue, and Falkonry Analyzer.
Falkonry has 10 investors. Key investors include Sumitomo Corporation, Fortive, IFS, Plug and Play Tech Center, and U.S. Air Force.