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
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Flamenco Tech (India) Private Limited
- Date of Incorporation 29 Apr, 2011
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$906.18 K (USD)58.82as on Mar 31, 2023
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Net Profit
$-635.03 K (USD)-7.34as on Mar 31, 2023
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EBITDA
$-573.84 K (USD)17.76as on Mar 31, 2023
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Total Equity Funding
$3.45 M (USD)
in 1 rounds
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Latest Funding Round
$3.45 M (USD), Series A
Jul 23, 2021
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Investors
FutureIP Labs
& 1 more
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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. 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.
Automates building systems for data-driven decisions and efficiency.
Monitors and controls energy inefficiencies for savings.
Manages assets to minimize downtime and streamline operations.
Optimizes space planning and employee experiences digitally.
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.5M
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First Round
First Round
(23 Jul 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - FlamencoTech | Valuation | FutureIP Labs |
| 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 FlamencoTech
FlamencoTech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include FutureIP Labs and Neelanchal Edifice. 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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Provider of intellectual property services
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Founded Year | Domain | Location | |
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Construction services are provided in Bengaluru, India.
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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 FlamencoTech
| 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 - FlamencoTech
| 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 |
Flamencotech Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-driven IWMS solutions are provided for construction and facilities management.
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| domain | founded_year | HQ Location |
Envoy is recognized for providing workplace management solutions.
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| domain | founded_year | HQ Location |
SaaS-based workplace management software for offices is delivered.
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| domain | founded_year | HQ Location |
SaaS-based management solutions are offered for commercial buildings.
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| domain | founded_year | HQ Location |
Facility, maintenance, and workplace management solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based software for connected workplace management is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Flamencotech
Frequently Asked Questions about FlamencoTech
When was FlamencoTech founded?
FlamencoTech was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Where is FlamencoTech located?
FlamencoTech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is FlamencoTech a funded company?
FlamencoTech is a funded company, having raised a total of $3.45M across 1 funding round to date. The company's 1st funding round was a Series A of $3.45M, raised on Jul 23, 2021.
How many employees does FlamencoTech have?
As of Mar 31, 2023, the latest employee count at FlamencoTech is 33.
What is the annual revenue of FlamencoTech?
Annual revenue of FlamencoTech is $906.18K as on Mar 31, 2023.
What does FlamencoTech do?
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.
Who are the top competitors of FlamencoTech?
What products or services does FlamencoTech offer?
FlamencoTech offers db Automate, db Energy, db Optima, db Spazio, and db Sensors.
Who are FlamencoTech's investors?
FlamencoTech has 2 investors. Key investors include FutureIP Labs, and Neelanchal Edifice.