Mnubo

Montreal, Canada Founded: 2012 • Age: 14 yrs Acquired By AspenTech
A cloud platform that provides M2M vertical applications to manage a wide range of machine-to-machine devices.
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About Mnubo

Mnubo is a company based in Montreal (Canada) founded in 2012 was acquired by AspenTech in July 2019.. 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. Mnubo operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, among others.

  • Headquarter Montreal, Canada
  • Sectors
    Technology
    Business Services Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aspen Technology Inc.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Business Services → Facility, Security & Field Operations
Technology → Cloud, Data & Analytics Infrastructure
Energy & Utilities → Energy Storage & Efficiency
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18.38 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    AspenTech

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    AspenTech

    (Jul 12, 2019)

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Products & Services of Mnubo

Mnubo offers a comprehensive portfolio of products and services, including Aspen Mtell, Aspen HYSYS, and Aspen Microgrid Management System. 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.

Primary

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
  • Total Rounds 3
  • Last Round
  • First Round

    (14 May 2015)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2018 Amount Series B - Mnubo Valuation Microsoft Accelerator
Jan, 2018 Amount Series B - Mnubo Valuation Munich Re Ventures
May, 2015 Amount Series A - Mnubo Valuation White Star Capital
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 Mnubo

Mnubo has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include AspenTech, Microsoft Accelerator and McRock Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Enterprise startups are accelerated through Microsoft's global mentoring program.
Founded Year Domain Location
Venture capital firm specializing in industrial software and AI investments
Founded Year Domain Location
A global technology investment platform operating in multiple cities with a focus on venture and digital asset funds.
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 Mnubo

Investments
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 - Mnubo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Mnubo Comparisons

Employees
+
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Competitors of Mnubo

Mnubo 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 Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, 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
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
Signify is recognized as a global leader in lighting solutions.
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
domain founded_year HQ Location
Energy efficiency and smart grid management solutions
domain founded_year HQ Location
Automotive lighting equipment is manufactured by Osram in Germany.
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 Mnubo

Frequently Asked Questions about Mnubo

When was Mnubo founded?

Mnubo was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is Mnubo located?

Mnubo is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Is Mnubo a funded company?

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 14, 2015.

What does Mnubo do?

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.

Who are the top competitors of Mnubo?

Mnubo's top competitors include Particle, Landis+Gyr and Signify.

What products or services does Mnubo offer?

Mnubo offers Aspen Mtell, Aspen HYSYS, and Aspen Microgrid Management System.

Who are Mnubo's investors?

Mnubo has 5 investors. Key investors include AspenTech, Microsoft Accelerator, McRock Capital, White Star Capital, and Munich Re Ventures.

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