About Mnubo
Mnubo is a Technology company based in Montreal (Canada) founded in 2012, and was acquired by AspenTech in July 2019. A cloud platform that provides M2M vertical applications to manage a wide range of machine-to-machine devices. It operates in the Technology, Business Services, and Energy & Utilities sectors. Mnubo has raised $18.38 million across 3 funding rounds from investors including AspenTech, Microsoft Accelerator and McRock Capital. Mnubo offers products and services including Aspen Mtell, Aspen HYSYS, and Aspen Microgrid Management System. Its focus areas include Energy Tech, Energy Efficiency Tech, Energy Monitoring System and Building Monitoring. Its legal entity is Aspen Technology Inc.
Company details
Mnubo was founded in 2012 in Montreal, Canada. A cloud-based big data analytics platform is operated for manufacturers of connected objects. Tailored solutions are delivered in verticals such as wearables, industry, automotive, buildings, and healthcare. Device-generated data is analyzed to yield insights on user behavior, resource patterns, event predictions, and patient monitoring. Application development and management for connected devices are also supported.
Products & Services of Mnubo
Mnubo offers a comprehensive portfolio of products and services, including Aspen Mtell, Aspen HYSYS, and Aspen Microgrid Management System.
Software for predictive maintenance and downtime reduction.
Simulation tools for process optimization in industries.
Platform for energy management and microgrid operations.
Funding Insights of Mnubo
Mnubo has successfully raised a total of $18.38M across 3 strategic funding rounds. 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 $18.38M
- Total Rounds 3
- First Round $5.01M
(May 2015)
- Investors Count 4
All 3 funding rounds of Mnubo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | Series B | – | Microsoft Accelerator | – | |
| Jan 2018 | $13.37M | Series B | – | Munich Re Ventures | |
| May 2015 | $5.01M | Series A | – | White Star Capital |
5 investors in total: 5 institutional.
Investors in Mnubo
Mnubo has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include AspenTech, Microsoft Accelerator and McRock Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Enterprise startups are accelerated through Microsoft's global mentoring program. | microsoftaccelerator.com | Paris, France | ||
Venture capital firm specializing in industrial software and AI investments | mcrockcapital.com | Toronto, Canada | ||
A global technology investment platform operating in multiple cities with a focus on venture and digital asset funds. | whitestarcapital.com | |||
Startups are funded by Munich Re-backed venture capital firm. | munichreventures.com | San Francisco, United States | ||
AI-based software for manufacturing process optimization is offered. | 1981 | aspentech.com | Bedford, United States |
Investor details for Mnubo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Mnubo
4 dated milestones of Mnubo across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Mnubo is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series B,.
- Exit Acquired by AspenTech.
Web traffic of Mnubo
Websites that share an audience with Mnubo (mnubo.com).
Websites whose visitors overlap most with Mnubo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wsisme.com | 100% | 2.4K | #7,358,701 | View details | |
| designshopp.com | 84% | #7,297,148 | View details | ||
buyya.com | buyya.com | 84% | #8,264,468 | – | |
| linkedin.com | 82% | 1.9B | #18 | View details | |
google.ca | google.ca | 82% | – |
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Frequently Asked Questions about Mnubo
Mnubo was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Mnubo is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Mnubo is a funded company, having raised a total of $18.38M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.01M, raised on May 2015.
Mnubo was founded in 2012 in Montreal, Canada. A cloud-based big data analytics platform is operated for manufacturers of connected objects. Tailored solutions are delivered in verticals such as wearables, industry, automotive, buildings, and healthcare. Device-generated data is analyzed to yield insights on user behavior, resource patterns, event predictions, and patient monitoring. Application development and management for connected devices are also supported.
Mnubo offers Aspen Mtell, Aspen HYSYS, and Aspen Microgrid Management System.
Mnubo has 5 investors. Key investors include AspenTech, Microsoft Accelerator, McRock Capital, White Star Capital, and Munich Re Ventures.
Mnubo operates through Aspen Technology Inc..
Yes. Mnubo was acquired by AspenTech in July 2019.