Flutura

Houston, United States Founded: 2012 • Age: 14 yrs Minicorn Acquired By Accenture
End to end IoT platform for asset monitoring

About Flutura

Flutura is a Technology company based in Houston (United States) founded in 2012 by Krishnan Raman, Srikanth Muralidhara, and Derick Jose, and was acquired by Accenture in March 2023. End to end IoT platform for asset monitoring. It operates in the Technology and Industrial Goods & Manufacturing sectors. Flutura has raised $9.62 million across 3 funding rounds from investors including Accenture, Vertex Ventures SG and Lumis Partners. The company has 110 employees. Flutura was last valued at $23.65 million in February 2017. Its chief executive, as recorded, is Krishnan Raman. Its Indian entity Flutura Business Solutions Private Limited reported revenue of β‚Ή18.7 Lakh. Flutura offers products and services including Industrial Intelligence Suite. Its focus areas include Enterprise Applications, Manufacturing Tech, Enterprise Asset Management and Maintenance Management. Its competitors include Particle, PTC and Ayla Networks; 2 of its 3 listed competitors have raised funding.

Company details

Flutura was founded in 2012 and is based in Houston, United States. Operations focus on an IoT analytics platform where embedded machine data is extracted and analyzed. Tailored solutions are developed for various industries, incorporating real-time insights and risk mitigation features. The platform serves clients such as Deloitte and Reuters, with an Android application available on Google Play.

  • Headquarters Houston, United States
  • Employees 110
  • Founders Krishnan Raman, Srikanth Muralidhara, Derick Jose
  • Stage Acquired
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website flutura.com
  • Social LinkedIn X Facebook
  • Acquired by Accenture (Mar 2023)
  • Legal Name Flutura Business Solutions Private Limited
  • Date of Incorporation 24 Feb, 2012
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹18.7 Lakh

    FY 2025 · -99% YoY

  • Indian entity net loss
    -₹1.39 Cr

    FY 2025 · -744% margin

  • Indian entity EBITDA
    -₹1.16 Cr

    FY 2025 · -620% margin

  • Total Equity Funding
    $9.62M (USD)

    in 3 rounds

  • Latest Funding Round
    $7.63M (USD), Series A

    Feb 2017

  • Investors
    Accenture

    & 10 more

  • Employee Count
    110
  • Acquired by
    Accenture

    (Mar 2023)

Products & Services of Flutura

Flutura offers a comprehensive portfolio of products and services, including Industrial Intelligence Suite.

Industrial Intelligence Suite
AI Analytics Platform

Offers predictive analytics for optimizing industrial processes and decision-making.

Funding Insights of Flutura

Flutura has successfully raised a total of $9.62M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.63 million completed in February 2017. 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 $9.62M
  • Total Rounds 3
  • Last Round Series A β€” $7.63M
  • First Round $451,660

    (May 2012)

  • Investors Count 10

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2017$7.63MSeries A$23.65MVertex Ventures
Oct 2013$1.54MSeed$6.89MThe Hive
–
May 2012$451,660Angel Round$β€’β€’β€’β€’β€’Krishnan Muthukumar
Valuation history
DateValuationStage
Feb 2017$23.65Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2013$6.89Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2012$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Flutura

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Last known valuation $23.65M (Feb 2017). 11 investors in total: 8 institutional and 3 angel.

Investors in Flutura

Flutura has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accenture, Vertex Ventures SG and Lumis Partners.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment in alternative assets, businesses, and funds in India.
2006lumispartners.comGurugram, India
Hive Data is engaged in co-creating AI-based startups.
hivedata.comPalo Alto, United States
Venture capital fund focused on multiple sectors
1997vertexventures.sgSingapore, Singapore
Investments in public markets, commodities, private equities, and real estate by a family office.
2006sekhsaria.comMumbai, India
Early-stage funding rounds are targeted by KAAJ Ventures for investments.
kaajventures.vcCalifornia City, United States
Online lottery results for Hongkong Pools are delivered.
sillicollegesilli.org
Limited information available
hivetechnologies.netPanama City, United States
IT and management consultancy services are provided globally.
1989accenture.comDublin, Ireland

Priya Karnik

unknown_70561ac72aa64dcfb

Krishna Hegde

Angel investor, ex-Google, focused on early-stage Indian startups
unknown_231a936553354de6a
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Investor details for Flutura

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Board of directors of Flutura Business Solutions Private Limited (Flutura)

Flutura Business Solutions Private Limited is the primary company behind Flutura. The board of Flutura Business Solutions Private Limited currently have 5 directors; the longest-serving is Thaiparambil Jude Derick Jose, appointed in 2012. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Thaiparambil Jude Derick Jose
DIN 05201927
Director24 Feb 201214 yrs 8 moFlutura Business Solutions Private Limited
Krishnan Raman
DIN 05201986
Director24 Feb 201214 yrs 8 moFlutura Business Solutions Private Limited
Pramod Kumar Sultania
DIN 07305494
Company Secretary08 Jul 20206 yrs 4 moFlutura Business Solutions Private Limited
Aleena Mary Varkey
DIN 10199401
Director25 Aug 20233 yrs 2 moFlutura Business Solutions Private Limited
Pranav Arora
DIN 10296298
Director27 Sep 20233 yrs 1 moFlutura Business Solutions Private Limited

People of Flutura

1696 people are tracked at Flutura (588 in leadership, 1108 in team); the tracked headcount is 110.

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
Co-FounderLeadership
Atsushi Egawa
Market Unit Lead, Japan & Co-CEO APACLeadership
Don Johnson
Managing Director | Technology, Strategy, And Advisory | Communications, Media, And TechnologyLeadership
Brian Carbullido
Managing DirectorLeadership
Arundhati Chakraborty
Group Chief Executive, OperationsLeadership
Kunjan A.
Managing DirectorLeadership
Melissa Reid
Associate Director, US Industry Marketing Lead For Health & Public ServiceLeadership
John Walsh
COOLeadership
Sue Tran
Head of Creative / Executive Creative DirectorLeadership
Kenneth Jonathan
Technology Delivery Lead Assoc DirectorLeadership
Yishan Lam
Associate Director; Client Group Lead, Accenture SongLeadership
Iliana Oris Valiente Cpa
Managing Director (partner) - NA Innovation Hubs LeadLeadership
Julio Bezerra
Senior Managing Director - Global Lead, Accenture Song Sales, B2b And ResourcesLeadership
Joel Unruch
General Counsel, Secretary & Chief Compliance OfficerLeadership
Sameeksha Saxena
Managing Consultant AssociateLeadership
Julie Sweet
Chair & CEOLeadership
Mayumi Yoshimitsu
Managing PartnerLeadership
Brandi Petruzzelli
Director Of SalesLeadership

1676 more people are available in the full profile.

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Financials of Flutura

Figures of Flutura Business Solutions Private Limited, the primary company behind Flutura, for FY 2025. Revenue was ₹18.7 Lakh (-99% year on year). Net loss was -₹1.39 Cr (-744% margin). EBITDA was -₹1.16 Cr (-620% margin). Revenue has grown at a compounded annual rate of -81% over three years and -61% over five years.

  • ₹18.7 LakhRevenue · FY 2025 · -99% YoY
  • -₹1.39 CrNet loss · -744% margin
  • -₹1.16 CrEBITDA · -620% margin
  • ₹2.14 CrPaid-up capital
  • 110Employees (provident fund records)
  • -81%Revenue CAGR, 3 years
  • -61%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Flutura Business Solutions Private Limited are on its company page.

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Detailed financial statements for Flutura

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Timeline of Flutura

5 dated milestones of Flutura across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Flutura is founded.
  2. Funding First funding round of $452K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $7.6M.
  5. Exit Acquired by Accenture.

Competitors of Flutura

Flutura has 3 listed competitors in our database, 2 of them funded. They include Particle, PTC and Ayla Networks.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
particle.io2011San Francisco, United States$134.87M109
IoT connectivity platform from prototype to production is developed.
ptc.com1985Boston, United States353
PTC is recognized as a global leader in product lifecycle management software.
aylanetworks.com2010Milpitas, United States$144.4M75
Provider of a platform for IoT and edge computing applications
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Detailed competitors of Flutura

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Web traffic of Flutura

Websites that share an audience with Flutura (flutura.com).

Similar websites

Websites whose visitors overlap most with Flutura. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
platfora.com
100%
View details
actian.com
100%
270.3K#238,513View details
hcl.com
100%
#389,976View details
w3schools.com
100%
#1,856View details
docs.google.com
docs.google.com
100%
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Verified entity values are shown only after access is granted.

Top companies in Big Data & Cloud Infrastructure

3 companies that operate in the same segment as Flutura (Big Data & Cloud Infrastructure) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Data, analytics, and AI capabilities are unified in a platform.
2013San Francisco, California, United StatesUSD 20.67 BUSD 15.9 M5,679
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based database-as-a-service platform is provided for application development.
2007New York, New York, United StatesUSD 311.32 MUSD 2.46 B8,070
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Related news about Flutura

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Frequently Asked Questions about Flutura

Flutura was founded in 2012.

Flutura is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Krishnan Raman is the CEO of Flutura, as recorded in our data. They have also founded this company.

Flutura is a funded company, having raised a total of $9.62M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $451.66K, raised on May 2012.

Flutura has 110 employees.

The primary company behind Flutura, Flutura Business Solutions Private Limited, reported revenue of β‚Ή18.7 Lakh for FY 2025, down 99% year on year.

Flutura was founded in 2012 and is based in Houston, United States. Operations focus on an IoT analytics platform where embedded machine data is extracted and analyzed. Tailored solutions are developed for various industries, incorporating real-time insights and risk mitigation features. The platform serves clients such as Deloitte and Reuters, with an Android application available on Google Play.

Flutura's top competitors include Particle, PTC and Ayla Networks.

Flutura offers Industrial Intelligence Suite.

Flutura has 11 investors. Key investors include Accenture, Vertex Ventures SG, Lumis Partners, Narotam Sekhsaria Family Office, and Hive Data.

The valuation of Flutura is $23.65M as of Feb 2017.

Flutura operates through Flutura Business Solutions Private Limited.

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