About Fountane
Fountane is a Technology company based in Minneapolis (United States) founded in 2016. It provides comprehensive application design and development services. It operates on a B2B model. Its Indian entity Fountane Makerspace Private Limited reported revenue of ₹6.03 Cr. Its focus areas include IT Services, Software Development and Application Design. Its competitors include Sierra Atlantic, GlowTouch and Brightspot; 2 of its 3 listed competitors have raised funding.
Company details
Fountane, established in 2016, excels in leveraging cutting-edge technology, providing IT services, creating custom software solutions, and application design. Provides comprehensive application design and development services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Minneapolis, United States
- SectorsTechnology
- Email••••••••
- Website fountane.com
- Social LinkedIn X Facebook Instagram
- Legal Name Fountane Makerspace Private Limited
- Date of Incorporation 17 Sep, 2018
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹6.03 Cr
FY 2023 · +64% YoY
- Indian entity net loss-₹12.8 Lakh
FY 2023 · -2% margin
- Indian entity EBITDA-₹9.7 Lakh
FY 2023 · -2% margin
Associated legal entities of Fountane
Fountane operates through Fountane Makerspace Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fountane Makerspace Private Limited CIN U72900TG2018PTC126723 | Active | 17 Sep 2018 | Hyderabad, Telangana | ₹6.0 Cr | 65 | 2 | View details |
Board of directors of Fountane Makerspace Private Limited (Fountane)
Fountane Makerspace Private Limited is the primary company behind Fountane. The board of Fountane Makerspace Private Limited currently have 2 directors; the longest-serving is Nikhil Srivatsa Gumma, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikhil Srivatsa Gumma DIN 07359522 | Director | 17 Sep 2018 | 8 yrs 1 mo | Fountane Makerspace Private Limited |
| Aditya Siripragada DIN 08226466 | Director | 17 Sep 2018 | 8 yrs 1 mo | Fountane Makerspace Private Limited |
People of Fountane
18 people are tracked at Fountane (5 in leadership, 4 in board & advisors, 9 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Michael Wessels | CFO | Leadership |
Saawan Patel | Co-Founder & President | Leadership |
Ansh Agarwal | Founder's Office | Leadership |
Sairam Mogullapalli | Practice Lead - Head Of Product Design | Leadership |
Jason Bright | Board Member | Board & advisors |
Ryan Padget | Board Member | Board & advisors |
Nate Champion | Board Member | Board & advisors |
Scott Moore | Board Member | Board & advisors |
Prabhdeep Singh | Sr. Project Manager | Team |
Swati Ajmani | HR Manager | Team |
Sarika Sethi | UX & Visual Design | Team |
Naina Bajaj | Product Designer | Team |
Yutika Pahuja | Associate Ui/ux Designer | Team |
Bhoomi Patel | Associate Product Designer | Team |
Julia Bauer | Consultant | Team |
Srinivas Pandi | Senior Product Designer | Team |
Hemant Lonkar | 3D Visualizer | Team |
Complete people profiles for Fountane
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Financials of Fountane
Figures of Fountane Makerspace Private Limited, the primary company behind Fountane, for FY 2023. Revenue was ₹6.03 Cr (+64% year on year). Net loss was -₹12.8 Lakh (-2% margin). EBITDA was -₹9.7 Lakh (-2% margin). Revenue has grown at a compounded annual rate of +54% over three years.
- ₹6.03 CrRevenue · FY 2023 · +64% YoY
- -₹12.8 LakhNet loss · -2% margin
- -₹9.7 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
- 65Employees (provident fund records)
- +54%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Fountane Makerspace Private Limited are on its company page.
Detailed financial statements for Fountane
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Fountane
Fountane has 3 listed competitors in our database, 2 of them funded. They include Sierra Atlantic, GlowTouch and Brightspot.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | ||
| brightspot.com | 2008 | Reston, United States | $22M | CMS solutions for digital publishers are provided and managed. |
Detailed competitors of Fountane
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Top companies in Programming & Software Development Tools
3 companies that operate in the same segment as Fountane (Programming & Software Development Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 |
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Related news about Fountane
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Frequently Asked Questions about Fountane
Fountane was founded in 2016.
Fountane is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
The primary company behind Fountane, Fountane Makerspace Private Limited, reported revenue of ₹6.03 Cr for FY 2023, up 64% year on year.
Fountane, established in 2016, excels in leveraging cutting-edge technology, providing IT services, creating custom software solutions, and application design. Provides comprehensive application design and development services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Fountane's top competitors include GlowTouch, Sierra Atlantic and Brightspot.
Fountane operates through Fountane Makerspace Private Limited.
The legal entities of Fountane currently have 2 directors, including Nikhil Srivatsa Gumma, Aditya Siripragada.