FirstSense

Bengaluru, India Founded: 2021 • Age: 5 yrs Minicorn Acquired By Xelpmoc
Cloud based visual analytics software

About FirstSense

FirstSense is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2021 by Gijo Prems, Anand Sivaram, and Kiran Nayak, and was acquired by Xelpmoc in May 2021. Cloud based visual analytics software. It operates in the Industrial Goods & Manufacturing and Technology sectors. FirstSense has raised $373.76 thousand across 4 funding rounds from investors including Xelp, AUM Ventures and WAMI Capital. FirstSense was last valued at $2.97 million in August 2022. FirstSense offers products and services including Machine Observers, ClassDynamics, and Remote Proctoring. Its focus areas include Enterprise Applications, Big Data Analytics, Data Analytics and Image & Video Analytics.

Company details

FirstSense was founded in 2021 in Bengaluru, India, and operates within the AI and cloud computing sector. Visual analytics tools are provided to enable the building and examination of video and audio products. Data collection and analysis are facilitated to produce business insights, with capabilities for identifying trends, patterns, and anomalies in datasets. The platform supports various operational processes across industries.

  • Headquarters Bengaluru, India
  • Founders Gijo Prems, Anand Sivaram, Kiran Nayak
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Email
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  • Phone
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  • Website firstsense.tech
  • Social LinkedIn
  • Acquired by Xelpmoc (May 2021)
Key Metrics
  • Annual Revenue
    $812.66 (USD)
    20
    as on Mar 31, 2023
  • Net Profit
    -$226.65 K (USD)
    -81
    as on Mar 31, 2023
  • EBITDA
    -$218.95 K (USD)
    -79
    as on Mar 31, 2023
  • Total Equity Funding
    $373.76K (USD)

    in 4 rounds

  • Investors
    Xelp

    & 10 more

  • Acquired by
    Xelpmoc

    (May 2021)

Products & Services of FirstSense

FirstSense offers a comprehensive portfolio of products and services, including Machine Observers, ClassDynamics, and Remote Proctoring.

Machine Observers
AI Software

AI tools for digital transformation using video analytics.

ClassDynamics
Education Software

Platform for analyzing and improving classroom interactions.

Remote Proctoring
Exam Monitoring

Automated solution for secure online exam proctoring.

Funding Insights of FirstSense

FirstSense has successfully raised a total of $373.76K across 4 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 $373,758
  • Total Rounds 4
  • First Round $205,039

    (Oct 2021)

  • Investors Count 11

All 4 funding rounds of FirstSense with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2023Seed–Aum Ventures
–
Nov 2022Seed––
Aug 2022$168,719Seed$2.97MWAMI Capital
Oct 2021$205,039Seed$2MPankaj Gupta
Valuation history
DateValuationStage
Aug 2022$2.97Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2021$2Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.97M (Aug 2022). 11 investors in total: 4 institutional and 7 angel.

Investors in FirstSense

FirstSense has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Xelp, AUM Ventures and WAMI Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are made in early-stage technology and consumer-led companies.
aumvc.comAbu Dhabi, United Arab Emirates
Venture capital investments are managed by this single-family office.
wamicapital.comDubai, United Arab Emirates
Multiple sectors are accelerated and incubated by Pronova Ventures.
pronovaventures.tcc.modeBengaluru, India
Cloud-based analytics and technology solutions for retailers are delivered.
2015xelpmoc.inBengaluru, India

Prasad Vlnsv

unknown_17424c707f6046819

Pankaj Gupta

Angel investor, ex-entrepreneur, focused on tech startups in India
unknown_38d5ca6cc79d4ebdb

Nipun Goel

unknown_fe5d4664f990417f9

Vinaya Pai

unknown_f07d01eeceb941619

Amit Mehta

unknown_9003821626e34153b

Vikas Khattar

unknown_7e1ebd1cfbcc421a8
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Investor details for FirstSense

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of FirstSense

The boards of the 2 registered companies of FirstSense currently have 3 directors; the longest-serving is Anand Sivaram Palassery, appointed in 2007. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anand Sivaram Palassery
DIN 01423219
Director06 Jun 200719 yrs 4 moUvaca Technologies Private Limited, Firstsense Technology Private Limited
Shobhita Rai
DIN 01401155
Director06 Jun 200719 yrs 4 moUvaca Technologies Private Limited
Kiran Venkatesh Nayak
DIN 07625111
Director07 Dec 20214 yrs 10 moFirstsense Technology Private Limited

People of FirstSense

3 people are tracked at FirstSense (3 in leadership).

NameRoleGroup
Gijo Prems
Co-FounderLeadership
Co-FounderLeadership
Co-FounderLeadership
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Complete people profiles for FirstSense

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Verified entity values are shown only after access is granted.

Financials of FirstSense

Figures of Firstsense Technology Private Limited, the primary company behind FirstSense, for FY 2022. Revenue was ₹54,133. Net loss was -₹1.01 Cr (-18567% margin). EBITDA was -₹98.9 Lakh (-18276% margin).

  • ₹54,133Revenue · FY 2022
  • -₹1.01 CrNet loss · -18567% margin
  • -₹98.9 LakhEBITDA · -18276% margin
  • ₹5.5 LakhPaid-up capital

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

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Detailed financial statements for FirstSense

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

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Timeline of FirstSense

5 dated milestones of FirstSense across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded FirstSense is founded.
  2. Exit Acquired by Xelpmoc.
  3. Funding First funding round of $205K.
  4. Milestone Reaches Minicorn status.
  5. Funding Latest funding round, Seed,.
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Related news about Firstsense

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Complete news archive for FirstSense

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Frequently Asked Questions about FirstSense

FirstSense was founded in 2021.

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

FirstSense is a funded company, having raised a total of $373.76K across 4 funding rounds to date. The company's 1st funding round was a Seed of $205.04K, raised on Oct 2021.

Annual revenue of FirstSense is $812.66 as on Mar 31, 2023.

FirstSense was founded in 2021 in Bengaluru, India, and operates within the AI and cloud computing sector. Visual analytics tools are provided to enable the building and examination of video and audio products. Data collection and analysis are facilitated to produce business insights, with capabilities for identifying trends, patterns, and anomalies in datasets. The platform supports various operational processes across industries.

FirstSense offers Machine Observers, ClassDynamics, and Remote Proctoring.

FirstSense has 11 investors. Key investors include Xelp, AUM Ventures, WAMI Capital, Prasad Vlnsv, and Pronova Ventures.

The valuation of FirstSense is $2.97M as of Aug 2022.

FirstSense is associated with 2 legal entities: Uvaca Technologies Private Limited, Firstsense Technology Private Limited.

Yes. FirstSense was acquired by Xelpmoc in May 2021.

The legal entities of FirstSense currently have 3 directors, including Anand Sivaram Palassery, Shobhita Rai, Kiran Venkatesh Nayak.

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