Hivericks

Chennai, India Founded: 2018 • Age: 8 yrs
IoT-based solutions for home automation are developed.

About Hivericks

Hivericks is a company based in Chennai (India) founded in 2018 by Arun Natesan and Hemalatha Rajesh. Hivericks offers products and services including IoT Devices and Mobile Applications.

  • Headquarter Chennai, India
  • Founders Arun Natesan, Hemalatha Rajesh
  • Sectors
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website hivericks.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Hivericks Technologies Private Limited
  • Date of Incorporation 27 Aug, 2018
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹0.19 Cr

    FY 2025 · +28565% YoY

  • Net Loss
    -₹0.01 Cr

    FY 2025 · -3% margin

  • EBITDA
    -₹0.01 Cr

    FY 2025 · -3% margin

  • Investors
    T-Hub

    & 1 more

Products & Services of Hivericks

Hivericks offers a comprehensive portfolio of products and services, including IoT Devices and Mobile Applications.

IoT Devices
Technology Products

Cutting-edge and environmentally friendly IoT devices are built for residential and industrial uses to create smarter homes and supply chains

Mobile Applications
Software Services

Highly intuitive mobile applications and web-based analytics are developed for IoT devices to enhance usability and customer experience on Android and Mac OS

Funding Insights of Hivericks

  • Total Rounds 3
  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2023–Grant––
Apr 2022–Seed––
Apr 2022–Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Hivericks

Hivericks has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include T-Hub and BML Munjal University.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Innovation hub connecting startups, corporates, and partners in technology and ecosystem development.
2015t-hub.coHyderabad, India
Higher education in UG, PG, and MBA programs is provided.
2014bmu.edu.inGurugram, India
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Investor details for Hivericks

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Board of directors of Hivericks Technologies Private Limited (Hivericks)

Hivericks Technologies Private Limited is the primary company behind Hivericks. The board of Hivericks Technologies Private Limited currently have 2 directors; the longest-serving is Govindharaj Ashok, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Govindharaj Ashok
DIN 08499597
Director04 Jul 20197 yrs 3 moHivericks Technologies Private Limited
Arun
DIN 08499789
Director04 Jul 20197 yrs 3 moHivericks Technologies Private Limited

People of Hivericks

2 people are tracked at Hivericks (2 in leadership).

NameRoleGroup
Arun Natesan
Co-FounderLeadership
Co-FounderLeadership
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Complete people profiles for Hivericks

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Hivericks

Figures of Hivericks Technologies Private Limited, the primary company behind Hivericks, for FY 2025. Revenue was ₹0.19 Cr (+28565% year on year). Net loss was -₹0.01 Cr (-3% margin). EBITDA was -₹0.01 Cr (-3% margin). Revenue has grown at a compounded annual rate of +353% over three years and +34% over five years.

  • ₹0.19 CrRevenue · FY 2025 · +28565% YoY
  • -₹0.01 CrNet loss · -3% margin
  • -₹0.01 CrEBITDA · -3% margin
  • ₹0.01 CrPaid-up capital
  • +353%Revenue CAGR, 3 years
  • +34%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Hivericks Technologies Private Limited are on its company page.

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Detailed financial statements for Hivericks

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

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Timeline of Hivericks

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

  1. Founded Hivericks is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Grant,.

Similar companies to Hivericks

10 companies that operate in the same segment as Hivericks (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
Wireless security platform for IoT applications is provided.
2015Palo Alto, California, United StatesUSD 1.17 B––
Blockchain-based connectivity for IoT applications is facilitated.
2017Menlo Park, California, United StatesUSD 50 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based smart locks for residential and commercial access are provided.
2014New York, New York, United StatesUSD 158.55 MUSD 70.12 M–
Keyless smart locks are developed for consumer and commercial applications.
2015Singapore, SingaporeUSD 32.28 M––
Provider of cyber security solutions for asset visibility and threat management
2000San Jose, California, United StatesUSD 120.28 MUSD 4.03 M136
Mesh-based connectivity solutions for IoT applications are provided.
2014San Francisco, California, United StatesUSD 90 M––
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Frequently Asked Questions about Hivericks

Hivericks was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Hivericks is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

The primary company behind Hivericks, Hivericks Technologies Private Limited, reported revenue of β‚Ή0.19 Cr for FY 2025, up 28565% year on year.

Hivericks was founded in 2018 in Chennai, India, as a developer of IoT-based solutions focused on home automation. Operations center on creating personalized and scalable systems for residential and commercial spaces. Services include integration of cutting-edge technologies to support IoT functionalities. User experiences are simplified and enhanced through these offerings, with co-founders Arun Natesan and Hemalatha Rajesh leading the efforts.

Hivericks offers IoT Devices and Mobile Applications.

Hivericks has 2 investors. Key investors include T-Hub, and BML Munjal University.

Hivericks operates through Hivericks Technologies Private Limited.

The legal entities of Hivericks currently have 2 directors, including Govindharaj Ashok, Arun.

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