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
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $43,617
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2021 | Amount | Seed - Machstatz | Valuation | IIIT Hyderabad | |
| Sep, 2020 | Amount | Seed - Machstatz | Valuation | Surjeet Kumar | |
| Feb, 2020 | Amount | Seed - Machstatz | Valuation | DERBI Foundation |
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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 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. 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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University offers postgraduate education and research in information technology
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Founded Year | Domain | Location | |
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Support for innovation and entrepreneurship through incubation programs in Bangalore.
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Founded Year | Domain | Location | |
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Information technology courses are offered at undergraduate and postgraduate levels.
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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 Machstatz
| 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 - Machstatz
| 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 |
Machstatz Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
Industrial process data is analyzed through advanced analytics solutions.
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| domain | founded_year | HQ Location |
Provider of a digital twin platform for manufacturing apllications
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| domain | founded_year | HQ Location |
Machine learning analytics are provided for industrial process optimization.
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| domain | founded_year | HQ Location |
Cloud-based workforce management solutions are delivered for multi-industry applications.
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| domain | founded_year | HQ Location |
Cloud-based platform for civic engagement and data management is provided.
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| domain | founded_year | HQ Location |
Provider of a cloud-based data analytics platform for real-time IT monitoring and alerting
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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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Frequently Asked Questions about Machstatz
When was Machstatz founded?
Machstatz was founded in 2017.
Where is Machstatz located?
Machstatz is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Machstatz?
Sameer Patnaik is the current CEO of Machstatz. They have also founded this company.
Is Machstatz a funded company?
Machstatz is a funded company, having raised a total of $101.14K across 5 funding rounds to date. The company's 1st funding round was a Seed of $13.97K, raised on Sep 22, 2017.
What is the annual revenue of Machstatz?
Annual revenue of Machstatz is $8.22K as on Mar 31, 2019.
What does Machstatz do?
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.
Who are the top competitors of Machstatz?
Machstatz's top competitors include Seeq, Sight Machine and Falkonry.
Who are Machstatz's investors?
Machstatz has 8 investors. Key investors include IIIT Hyderabad, CoCreation Consulting, IIIT Bangalore, DERBI Foundation, and Startup Karnataka.
What is Machstatz's valuation?
The valuation of Machstatz is $546.29K as of Apr 2021.