Firepro Systems

Bengaluru, India Founded: 1992 • Age: 34 yrs Acquired By Panasonic
Designer and installer of fire detection and suppression systems

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 $57.51 million across 3 funding rounds from investors including Standard Chartered, Panasonic and AIG Investments. The company has 78 employees. Firepro Systems offers products and services including Fire Detection Systems and Fire Suppression Systems.

  • Headquarter Bengaluru, India
  • Employees 78
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website fireprosystems.com
  • Social LinkedIn
  • Acquired by Panasonic (May 2012)
  • Legal Name Firepro Systems Pvt. Ltd
  • Date of Incorporation 27 Dec, 2001
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹37.21 Cr

    FY 2024 · +9% YoY

  • Net Loss
    -₹36.68 Cr

    FY 2024 · -99% margin

  • EBITDA
    -₹31.04 Cr

    FY 2024 · -83% margin

  • Total Equity Funding
    $57.51M (USD)

    in 3 rounds

  • Latest Funding Round
    $33M (USD), Series C

    Dec 2009

  • Investors
  • Employee Count
    78
  • Acquired by
    Panasonic

    (May 2012)

Products & Services of Firepro Systems

Firepro Systems offers a comprehensive portfolio of products and services, including Fire Detection Systems and Fire Suppression Systems.

Fire Detection Systems
Safety Services

Intelligent fire detection systems are designed and delivered to detect threats in various environments.

Fire Suppression Systems
Safety Services

Versatile fire suppression solutions are built and provided to combat fires and protect assets effectively.

Funding Insights of Firepro Systems

Firepro Systems has successfully raised a total of $57.51M across 3 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 $57.51M
  • Total Rounds 3
  • Last Round Series C β€” $33M
  • First Round $12M

    (Apr 2006)

  • Investors Count 3

All 3 funding rounds of Firepro Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2009$33MSeries C–Standard Chartered
–
Apr 2008$12.51MSeries B–PineBridge Investments
–
Apr 2006$12MSeries B–AIG Investments
–
Valuation history

4 investors in total: 4 institutional.

Investors in Firepro Systems

Firepro Systems has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Standard Chartered, Panasonic and AIG Investments.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Corporate, investment, wealth, and retail banking services are provided globally.
1953sc.comLondon, United Kingdom
Investment management and financial services are provided by the firm.
–aiginvestments.comNew York, United States
Diverse electronics products are offered for consumer and industrial needs.
1918panasonic.comGurugram, India
-
–pinebridge.com-
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Investor details for Firepro Systems

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Board of directors of Firepro Systems Private Limited (Firepro Systems)

Firepro Systems Private Limited is the primary company behind Firepro Systems. The board of Firepro Systems Private Limited currently have 5 directors; the longest-serving is Narendra Nambudumada Subbaiah, appointed in 2001. 28 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Narendra Nambudumada Subbaiah
DIN 00791195
Whole-time director27 Dec 200124 yrs 9 moFirepro Systems Private Limited
Machianda Calappa Muthanna
DIN 02851997
Managing Director15 Sep 201511 yrsFirepro Systems Private Limited
Cauvery Narendra Nambudumada
DIN 00716963
Director23 Mar 20188 yrs 6 moFirepro Systems Private Limited
Sushmita Jain
DIN 10042816
Company Secretary24 Jun 20242 yrs 3 moFirepro Systems Private Limited
Shyam Powar
DIN 01679598
Nominee Director24 Jul 20251 yr 2 moFirepro Systems Private Limited

People of Firepro Systems

3 people are tracked at Firepro Systems (2 in leadership, 1 in team); the tracked headcount is 78.

NameRoleGroup
M C Muthanna
CEOLeadership
Kidambi Ramanujachari
Chief Financial OfficerLeadership
Mithun Kumar
Sr.manager ITTeam
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Financials of Firepro Systems

Figures of Firepro Systems Private Limited, the primary company behind Firepro Systems, for FY 2024. Revenue was ₹37.21 Cr (+9% year on year). Net loss was -₹36.68 Cr (-99% margin). EBITDA was -₹31.04 Cr (-83% margin). Revenue has grown at a compounded annual rate of -30% over three years and -21% over five years.

  • ₹37.21 CrRevenue · FY 2024 · +9% YoY
  • -₹36.68 CrNet loss · -99% margin
  • -₹31.04 CrEBITDA · -83% margin
  • ₹544 CrPaid-up capital
  • 78Employees (provident fund records)
  • -30%Revenue CAGR, 3 years
  • -21%Revenue CAGR, 5 years

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

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Detailed financial statements for Firepro Systems

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  • Downloads

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Timeline of Firepro Systems

4 dated milestones of Firepro Systems across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Firepro Systems is founded.
  2. Funding First funding round of $12.0M.
  3. Funding Latest funding round, Series C, of $33.0M.
  4. Exit Acquired by Panasonic.

Latest news on Firepro Systems

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Similar companies to Firepro Systems

10 companies that operate in the same segment as Firepro Systems (Physical Security Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart security solutions are provided by Verisure for property protection.
1988Versoix, Geneve, Switzerland–USD 4.41 B–
Security and management services are provided to enterprises.
2016United StatesUSD 600 M––
Kiwa is engaged in testing, inspection, and certification services.
1948Rijswijk, South Holland, Netherlands–––
Security camera and AI-based sensor technology services are provided.
2015Philadelphia, Pennsylvania, United States–USD 1.54 M49
Provider of IoT, network surveillance, data center, and other services
2001Delhi, Delhi, IndiaUSD 8.36 MUSD 5.25 M–
Cables and marine seismic products are manufactured for various applications.
1980Houston, Texas, United States–USD 110.8 M478
Security locks are provided by London Security for protection needs.
1897Elland, England, United Kingdom–USD 328.96 M–
Provides physical security, surveillance and disaster prevention for business and home
1962Shibuya, Tokyo, Japan–USD 7.9 B64,660
Developer of RF sensing technology for airspace monitoring and threat detection
2018Syracuse, New York, United StatesUSD 226.46 M––
Provider of fire safety, intruder alarms, CCTV & other security system designing and training services
1818Ashford, United KingdomUSD 194.71 KUSD 8.62 B–
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Frequently Asked Questions about Firepro Systems

Firepro Systems was founded in 1992 and raised its 1st funding round 14 years after it was founded.

Firepro Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Firepro Systems is a funded company, having raised a total of $57.51M across 3 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Apr 2006.

Firepro Systems has 78 employees.

The primary company behind Firepro Systems, Firepro Systems Private Limited, reported revenue of β‚Ή37.21 Cr for FY 2024, up 9% year on year.

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.

Firepro Systems offers Fire Detection Systems and Fire Suppression Systems.

Firepro Systems has 4 investors. Key investors include Standard Chartered, Panasonic, AIG Investments, and PineBridge Investments.

Firepro Systems operates through Firepro Systems Private Limited.

Yes. Firepro Systems was acquired by Panasonic in May 2012.

The legal entities of Firepro Systems currently have 5 directors, including Cauvery Narendra Nambudumada, Narendra Nambudumada Subbaiah, Shyam Powar and others.

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