About Indus AI
Indus AI is a company based in San Francisco (United States) founded in 2017 by Navin Kaminoulu and Matt Man was acquired by Procore in May 2021.. Indus AI has raised $11.7 million across 3 funding rounds from investors including Procore, Millennium Technology Value Partners and Foundamental. Indus AI operates in a competitive market with competitors including OpenSpace, Powerplay, PlanGrid, Fieldwire and Hyphen Solutions, among others.
- Headquarter San Francisco, United States
- Founders Navin Kaminoulu, Matt Man
-
Sectors
Real Estate & ConstructionTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Leadership Team
123 people
Sales and Marketing
68 people
Software Development Team
65 people
Product Management Team
55 people
Human Resources and Administration
26 people
Operations Team
23 people
Senior Team
23 people
Customer Team
18 people
Unlock access to complete
Funding Insights of Indus AI
Indus AI has successfully raised a total of $11.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in September 2019. 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 3
- Last Round Series A — $8.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series A - Indus AI | Valuation | Millennium Technology Value Partners | |
| Jul, 2018 | Amount | Seed - Indus AI | Valuation | UP2398 |
|
| Oct, 2017 | Amount | Seed - Indus AI | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Indus AI
Indus AI has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Procore, Millennium Technology Value Partners and Foundamental. 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 |
|---|---|---|---|---|
|
Secondary investments in technology are managed by the firm.
|
Founded Year | Domain | Location | |
|
Investments are made in AEC and construction technology globally.
|
Founded Year | Domain | Location | |
|
GroundBreak Ventures is focused on investing in PropTech startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Indus AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Indus AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Indus Ai Comparisons
Competitors of Indus AI
Indus AI 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 OpenSpace, Powerplay, PlanGrid, Fieldwire and Hyphen Solutions, 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 |
Construction sites are monitored via AI-powered SaaS technology.
|
|
| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
|
|
| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
|
|
| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
|
|
| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
|
|
| domain | founded_year | HQ Location |
Hubble is recognized as a cloud-based contract management service.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Indus Ai
Frequently Asked Questions about Indus AI
When was Indus AI founded?
Indus AI was founded in 2017.
Where is Indus AI located?
Indus AI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Indus AI?
Matt Man is the current CEO of Indus AI. They have also founded this company.
Is Indus AI a funded company?
Indus AI is a funded company, having raised a total of $11.7M across 3 funding rounds to date.
What does Indus AI do?
Indus AI was founded in 2017 in San Francisco, United States, as a provider of construction field management solutions. An AI-based digital twin platform is utilized to capture video streams and time-lapse images for analysis. Risk factors are evaluated, schedule delays are alerted, field assets are tracked, labor deployment is viewed, and equipment productivity is measured. Clients such as Skanska and Aecom Tishman are served in the construction sector.
Who are the top competitors of Indus AI?
Indus AI's top competitors include XYZ Reality, OpenSpace and PlanGrid.
Who are Indus AI's investors?
Indus AI has 7 investors. Key investors include Procore, Millennium Technology Value Partners, Foundamental, GroundBreak Ventures, and Spero.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.