Flutura

Houston, United States Founded: 2012 • Age: 14 yrs Acquired By Accenture
End to end IoT platform for asset monitoring
Annual revenue $3.5M Latest available
Total funding $9.6M 3 rounds
Employees 110 Tracked headcount
Investors 11 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Flutura

Flutura is a company based in Houston (United States) founded in 2012 by Krishnan Raman, Srikanth Muralidhara, and Derick Jose was acquired by Accenture in March 2023. 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 as of April 06, 2024. Flutura offers products and services including Industrial Intelligence Suite. Flutura operates in a competitive market with competitors including Particle, PTC, Ayla Networks, Software AG and Infinite Uptime, among others.

  • Headquarter Houston, United States
  • Employees 110 as on 06 Apr, 2024
  • Founders Krishnan Raman, Srikanth Muralidhara, Derick Jose
  • Stage Minicorn
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Flutura Business Solutions Private Limited
  • Date of Incorporation 24 Feb, 2012
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.48 M (USD)
    76.12
    as on Mar 31, 2022
  • Net Profit
    -$345.46 K (USD)
    56.84
    as on Mar 31, 2022
  • EBITDA
    -$614.56 K (USD)
    45.28
    as on Mar 31, 2022
  • Total Equity Funding
    $9.62 M (USD)

    in 3 rounds

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

    Feb 03, 2017

  • Investors
    Accenture

    & 10 more

  • Employee Count
    110

    as on Apr 06, 2024

  • Acquired by
    Accenture

    (Mar 20, 2023)

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Products & Services of Flutura

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

Product name locked
Category locked
Primary

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

People of Flutura

Headcount 10000+
Employee Profiles 1693
Employee Profiles
People
Bhaswanth Reddy
Corporate Real Estate Associate Manager
People
Riddhi Roy
Business & Technology Delivery Sr. Analyst
People
Atsushi Egawa
Market Unit Lead, Japan & Co-CEO APAC
People
Don Johnson
Managing Director | Technology, Strategy, And Advisory | Communications, Media, And Technology

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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.

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
Investor Description Founded Year Domain Location
Investment in alternative assets, businesses, and funds in India.
Locked Locked Locked
Hive Data is engaged in co-creating AI-based startups.
Locked Locked Locked
Venture capital fund focused on multiple sectors
Locked Locked Locked
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Investor details for Flutura

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Flutura

Investments
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Investment portfolio details for Flutura

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Financial Statements - Flutura

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Detailed financials for Flutura

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Flutura Comparisons

Flutura Primary company
Description
End to end IoT platform for asset monitoring
Location
Houston, United States
Founded Year
2012
Annual Revenue
$3.48 M (USD)
Net Profit
-$345.46 K (USD)
EBITDA
-$614.56 K (USD)
Employees
110
As of 2024
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Peer comparison for Flutura

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Competitors of Flutura

Flutura 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 Particle, PTC, Ayla Networks, Software AG and Infinite Uptime, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
IoT connectivity platform from prototype to production is developed.
Locked Locked Locked
PTC is recognized as a global leader in product lifecycle management software.
Locked Locked Locked
Provider of a platform for IoT and edge computing applications
Locked Locked Locked
Provider of data integration, application modernization, and digital transformation solutions
Locked Locked Locked
AI-powered predictive maintenance solutions are provided for industrial equipment reliability.
Locked Locked Locked
Real-time data analysis platform for industrial edge computing is offered.
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Detailed competitors of Flutura

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Latest news on Flutura

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Complete news archive for 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 current CEO of Flutura. They have also founded this company.

Flutura is a funded company, having raised a total of $9.62M across 3 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Flutura is 110.

Annual revenue of Flutura is $3.48M as on Mar 31, 2022.

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, Software AG and PTC.

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.

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