About Machstatz
Machstatz is a company based in Bengaluru (India) founded in 2017 by Pruthviraj Subudhi, Srikant Gupta, and Sameer Patnaik. Machstatz has raised $101.14 thousand across 5 funding rounds from investors including IIIT Hyderabad, CoCreation Consulting and IIIT Bangalore. Machstatz operates in a competitive market with competitors including Seeq, Sight Machine, Fero Labs, WakeCap and OpenDataSoft, among others.
- Headquarter Bengaluru, India
- Founders Pruthviraj Subudhi, Srikant Gupta, Sameer Patnaik
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Sectors
TechnologyIndustrial Goods & Manufacturing
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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 Machstatz Business Solutions Private Limited
- Date of Incorporation 11 Jan, 2017
- Jurisdiction South Bangalore, Karnataka, India
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Annual Revenue
$8.22 K (USD)1073.66as on Mar 31, 2019
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Net Profit
-$24.7 K (USD)-228.31as on Mar 31, 2019
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EBITDA
-$27.2 K (USD)-245.91as on Mar 31, 2019
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Total Equity Funding
$101.14 K (USD)
in 5 rounds
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Latest Funding Round
$43.62 K (USD), Seed
Apr 01, 2021
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Investors
IIIT Hyderabad
& 7 more
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Employee Count
Not available
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Funding Insights of Machstatz
Machstatz has successfully raised a total of $101.14K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $43.62 thousand completed in April 2021. 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 Machstatz
Machstatz has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IIIT Hyderabad, CoCreation Consulting and IIIT Bangalore.
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University offers postgraduate education and research in information technology
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Support for innovation and entrepreneurship through incubation programs in Bangalore.
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Information technology courses are offered at undergraduate and postgraduate levels.
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Investor details for Machstatz
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Investments & Acquisitions by Machstatz
Investment portfolio details for Machstatz
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Financial Statements - Machstatz
Detailed financials for Machstatz
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Machstatz Comparisons
Peer comparison for Machstatz
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Competitors of Machstatz
Machstatz 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 Seeq, Sight Machine, Fero Labs, WakeCap and OpenDataSoft, among others.
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Industrial process data is analyzed through advanced analytics solutions.
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Provider of a digital twin platform for manufacturing apllications
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Machine learning analytics are provided for industrial process optimization.
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Cloud-based workforce management solutions are delivered for multi-industry applications.
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Cloud-based platform for civic engagement and data management is provided.
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Provider of a cloud-based data analytics platform for real-time IT monitoring and alerting
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Detailed competitors of Machstatz
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Latest news on Machstatz
Complete news archive for Machstatz
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Frequently Asked Questions about Machstatz
Machstatz was founded in 2017.
Machstatz is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sameer Patnaik is the current CEO of Machstatz. They have also founded this company.
Machstatz is a funded company, having raised a total of $101.14K across 5 funding rounds to date.
Annual revenue of Machstatz is $8.22K as on Mar 31, 2019.
Machstatz was founded in 2017 in Bengaluru, India, within the IoT and industrial analytics sector. An analytics platform is offered for monitoring machine conditions on production floors. Smart sensors are configured via Wi-Fi and LoRa technologies using a drag-and-drop interface for existing machinery. User data is extracted and analyzed to identify patterns and correlations, supporting production efficiency, uptime maintenance, and real-time failure predictions.
Machstatz's top competitors include Seeq, Sight Machine and Falkonry.
Machstatz has 8 investors. Key investors include IIIT Hyderabad, CoCreation Consulting, IIIT Bangalore, DERBI Foundation, and Startup Karnataka.
The valuation of Machstatz is $546.29K as of Apr 2021.