About LEANworx
LEANworx is a company based in Bengaluru (India) founded in 2008 by Dasarathi G V, Srihari D, and Bhagavan S K.. LEANworx has raised $1.08 million across 4 funding rounds from investors including YourNest. The company has 20 employees as of April 08, 2024. LEANworx offers products and services including Machine Monitoring Software, Downtime Tracking Software, OEE Monitoring Software, and Real-Time Production Tracking Software. LEANworx operates in a competitive market with competitors including Litmus, Nebeskie, Atsuya, W2W Solutions Italia and Biznustek Systems, among others.
- Headquarter Bengaluru, India
- Employees 20 as on 08 Apr, 2024
- Founders Dasarathi G V, Srihari D, Bhagavan S K
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Leanworx Technologies Private Limited
- Date of Incorporation 30 May, 2008
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$370.82 K (USD)65.95as on Mar 31, 2023
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Net Profit
$6.17 K (USD)157.02as on Mar 31, 2023
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EBITDA
$54.32 K (USD)265.47as on Mar 31, 2023
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Total Equity Funding
$1.08 M (USD)
in 4 rounds
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Latest Funding Round
$971.47 K (USD), Seed
Dec 26, 2024
- Investors
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Employee Count
20
as on Apr 08, 2024
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Products & Services of LEANworx
LEANworx offers a comprehensive portfolio of products and services, including Machine Monitoring Software, Downtime Tracking Software, OEE Monitoring Software, and Real-Time Production Tracking Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tracks machine performance in real-time to optimize manufacturing processes.
Monitors and reduces machine downtime for improved operational efficiency.
Calculates and enhances Overall Equipment Effectiveness in production.
Provides live data on production metrics to support decision-making.
Funding Insights of LEANworx
LEANworx has successfully raised a total of $1.08M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $971.47 thousand completed in December 2024. 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 4
- Last Round Seed — $971,474
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First Round
First Round
(11 Oct 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - LEANworx | Valuation |
investors |
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| Mar, 2022 | Amount | Angel Round - LEANworx | Valuation |
investors |
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| Dec, 2020 | Amount | Angel Round - LEANworx | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LEANworx
LEANworx has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include YourNest. 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 |
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Early-stage DeepTech venture capital funding and support services in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LEANworx
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LEANworx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Leanworx Comparisons
Competitors of LEANworx
LEANworx 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 Litmus, Nebeskie, Atsuya, W2W Solutions Italia and Biznustek Systems, 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 |
Real-time data analysis platform for industrial edge computing is offered.
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| domain | founded_year | HQ Location |
Edge-enabled IIoT platforms are provided for industrial digitization.
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| domain | founded_year | HQ Location |
Solutions for tracking and monitoring asset temperatures are provided.
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| domain | founded_year | HQ Location |
Provider of IoT based equipment monitoring systems and solutions
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| domain | founded_year | HQ Location |
Offers wastewater treatment systems, consultancy, and zero liquid discharge solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Leanworx
Frequently Asked Questions about LEANworx
When was LEANworx founded?
LEANworx was founded in 2008 and raised its 1st funding round 11 years after it was founded.
Where is LEANworx located?
LEANworx is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is LEANworx a funded company?
LEANworx is a funded company, having raised a total of $1.08M across 4 funding rounds to date.
How many employees does LEANworx have?
As of Apr 08, 2024, the latest employee count at LEANworx is 20.
What is the annual revenue of LEANworx?
Annual revenue of LEANworx is $370.82K as on Mar 31, 2023.
What does LEANworx do?
LEANworx was founded in 2008 in Bengaluru, India, as a provider of IoT solutions for industrial machine monitoring. Operations involve sensors, data loggers, cloud platforms, and communication modules to track machine activities, consumables usage, and overall performance. Remote monitoring is enabled, along with production and cost scheduling. Key features include ERP integration, graphical reporting, programmable alerts, and automated maintenance ticketing for manufacturing sectors.
Who are the top competitors of LEANworx?
What products or services does LEANworx offer?
LEANworx offers Machine Monitoring Software, Downtime Tracking Software, OEE Monitoring Software, and Real-Time Production Tracking Software.
Who are LEANworx's investors?
LEANworx has 1 investor. Key investors include YourNest.
What is LEANworx's valuation?
The valuation of LEANworx is $2.69M as of Mar 2022.