About Firepro Systems
Firepro Systems is a company based in Bengaluru (India) founded in 1992 was acquired by Panasonic in May 2012.. Firepro Systems has raised $45 million across 2 funding rounds from investors including Standard Chartered, Panasonic and AIG Investments. The company has 78 employees as of October 25, 2024. Firepro Systems offers products and services including Fire Detection Systems and Fire Suppression Systems.
- Headquarter Bengaluru, India
- Employees 78 as on 25 Oct, 2024
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Firepro Systems Pvt. Ltd
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$14.59 M (USD)-9.6as on Mar 31, 2021
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Net Profit
$-88.9 K (USD)-109.9as on Mar 31, 2021
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EBITDA
$205.67 K (USD)-52.21as on Mar 31, 2021
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Total Equity Funding
$45 M (USD)
in 2 rounds
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Latest Funding Round
$33 M (USD), Series C
Dec 15, 2009
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Investors
Standard Chartered
& 2 more
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Employee Count
78
as on Oct 25, 2024
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Acquired by
Panasonic
(May 11, 2012)
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Products & Services of Firepro Systems
Firepro Systems offers a comprehensive portfolio of products and services, including Fire Detection Systems and Fire Suppression Systems. 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.
Intelligent fire detection systems are designed and delivered to detect threats in various environments.
Versatile fire suppression solutions are built and provided to combat fires and protect assets effectively.
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Funding Insights of Firepro Systems
Firepro Systems has successfully raised a total of $45M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $33 million completed in December 2009. 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 Series C — $33.0M
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First Round
First Round
(04 Apr 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2009 | Amount | Series C - Firepro Systems | Valuation | Standard Chartered |
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| Apr, 2006 | Amount | Series B - Firepro Systems | Valuation | AIG Investments |
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| 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 Firepro Systems
Firepro Systems has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Standard Chartered, Panasonic and AIG Investments. 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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Corporate, investment, wealth, and retail banking services are provided globally.
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Founded Year | Domain | Location | |
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Investment management and financial services are provided by the firm.
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Founded Year | Domain | Location | |
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Diverse electronics products are offered for consumer and industrial needs.
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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 Firepro Systems
| 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 - Firepro Systems
| 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 |
Firepro Systems Comparisons
Competitors of Firepro Systems
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Firepro Systems
Frequently Asked Questions about Firepro Systems
When was Firepro Systems founded?
Firepro Systems was founded in 1992 and raised its 1st funding round 14 years after it was founded.
Where is Firepro Systems located?
Firepro Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Firepro Systems a funded company?
Firepro Systems is a funded company, having raised a total of $45M across 2 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Apr 04, 2006.
How many employees does Firepro Systems have?
As of Oct 25, 2024, the latest employee count at Firepro Systems is 78.
What is the annual revenue of Firepro Systems?
Annual revenue of Firepro Systems is $14.59M as on Mar 31, 2021.
What does Firepro Systems do?
Firepro Systems was founded in 1992 in Bengaluru, India, focusing on the fire safety sector. Intelligent fire detection systems and suppression solutions are provided for commercial real estate, warehousing, logistics, infrastructure, manufacturing, and sports facilities. Design, installation, and maintenance services are offered throughout project lifecycles, with adherence to relevant regulations and standards ensured. Operations are centered in India, supporting various industrial applications.
What products or services does Firepro Systems offer?
Firepro Systems offers Fire Detection Systems and Fire Suppression Systems.
Who are Firepro Systems's investors?
Firepro Systems has 3 investors. Key investors include Standard Chartered, Panasonic, and AIG Investments.