FlamencoTech

Bengaluru, India Founded: 2011 • Age: 15 yrs
IoT and AI SaaS platform for energy management, facility automation, and workplace optimization.
Annual revenue $906,184 Latest available
Total funding $3.5M 1 rounds
Employees 33 Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About FlamencoTech

FlamencoTech is a company based in Bengaluru (India) founded in 2011. It operates as a SaaS and B2B. FlamencoTech has raised $3.45 million across 1 funding round from investors including FutureIP Labs and Neelanchal Edifice. The company has 33 employees as of March 31, 2023. FlamencoTech offers products and services including db Automate, db Energy, db Optima, db Spazio, and db Sensors. FlamencoTech operates in a competitive market with competitors including Accruent, Envoy, Eden Workplace, HqO and FM Systems, among others.

  • Headquarter Bengaluru, India
  • Employees 33 as on 31 Mar, 2023
  • Sectors
    Technology
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  • Legal Name Flamenco Tech (India) Private Limited
  • Date of Incorporation 29 Apr, 2011
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $906.18 K (USD)
    58.82
    as on Mar 31, 2023
  • Net Profit
    -$635.03 K (USD)
    -7.34
    as on Mar 31, 2023
  • EBITDA
    -$573.84 K (USD)
    17.76
    as on Mar 31, 2023
  • Total Equity Funding
    $3.45 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.45 M (USD), Series A

    Jul 23, 2021

  • Investors
  • Employee Count
    33

    as on Mar 31, 2023

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Products & Services of FlamencoTech

FlamencoTech offers a comprehensive portfolio of products and services, including db Automate, db Energy, db Optima, db Spazio, and db Sensors.

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Primary

Automates building systems for data-driven decisions and efficiency.

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Monitors and controls energy inefficiencies for savings.

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Manages assets to minimize downtime and streamline operations.

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Optimizes space planning and employee experiences digitally.

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Provides real-time insights on occupancy and air quality.

Funding Insights of FlamencoTech

FlamencoTech has successfully raised a total of $3.45M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.45 million completed in July 2021. 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 FlamencoTech

FlamencoTech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include FutureIP Labs and Neelanchal Edifice.

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Institutional
Investor Description Founded Year Domain Location
Provider of intellectual property services
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Construction services are provided in Bengaluru, India.
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Investor details for FlamencoTech

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Investments & Acquisitions by FlamencoTech

Investments
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Investment portfolio details for FlamencoTech

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Financial Statements - FlamencoTech

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Detailed financials for FlamencoTech

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Flamencotech Comparisons

FlamencoTech Primary company
Description
IoT and AI SaaS platform for energy management, facility aut...
Location
Bengaluru, India
Founded Year
2011
Annual Revenue
$906.18 K (USD)
Net Profit
-$635.03 K (USD)
EBITDA
-$573.84 K (USD)
Employees
33
As of 2023
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Peer comparison for FlamencoTech

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Competitors of FlamencoTech

FlamencoTech 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 Accruent, Envoy, Eden Workplace, HqO and FM Systems, among others.

Company Name Domain Founded year HQ Location Description
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SaaS-driven IWMS solutions are provided for construction and facilities management.
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Envoy is recognized for providing workplace management solutions.
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SaaS-based workplace management software for offices is delivered.
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SaaS-based management solutions are offered for commercial buildings.
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Facility, maintenance, and workplace management solutions are delivered.
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Cloud-based software for connected workplace management is provided.
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Detailed competitors of FlamencoTech

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Latest news on Flamencotech

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Complete news archive for FlamencoTech

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Frequently Asked Questions about FlamencoTech

FlamencoTech was founded in 2011 and raised its 1st funding round 10 years after it was founded.

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

FlamencoTech is a funded company, having raised a total of $3.45M across 1 funding round to date.

As of Mar 31, 2023, the latest employee count at FlamencoTech is 33.

Annual revenue of FlamencoTech is $906.18K as on Mar 31, 2023.

Digital Blanket is a technology company offering SaaS solutions that use IoT and AI to monitor energy consumption, automate building operations, and optimize space in real estate. It helps businesses achieve energy savings, comply with ESG standards, and enhance workplace experiences through products like smart sensors and reporting tools. Based in Bangalore, India, and Wilmington, USA, it serves sectors including corporate offices, healthcare, and data centers, focusing on decarbonization and efficiency for enterprises.

FlamencoTech's top competitors include Envoy, Accruent and Eptura.

FlamencoTech offers db Automate, db Energy, db Optima, db Spazio, and db Sensors.

FlamencoTech has 2 investors. Key investors include FutureIP Labs, and Neelanchal Edifice.

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