About NGrain
NGrain is a company based in Vancouver (Canada) founded in 2000 was acquired by mCloud in January 2018.. NGrain has raised $12.5 million across 2 funding rounds from investors including mCloudTech.ai, Genuity Capital Partners and Government of Canada. NGrain offers products and services including Producer Pro, nGRAIN Viewer, 3D Asset Management, and Virtual Damage Assessment. NGrain operates in a competitive market with competitors including Megvii, Ubiquiti, Arlo, Dahua Technology and Tractable, among others.
- Headquarter Vancouver, Canada
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Ngrain (Canada) Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.5 M (USD)
in 2 rounds
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Latest Funding Round
$9.5 M (USD), Grant
Jun 26, 2013
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Investors
mCloudTech.ai
& 2 more
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Employee Count
Employee Count
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Acquired by
mCloud
(Jan 04, 2018)
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Products & Services of NGrain
NGrain offers a comprehensive portfolio of products and services, including Producer Pro, nGRAIN Viewer, 3D Asset Management, and Virtual Damage Assessment. 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.
Software for making 3D training content for equipment assembly and repair.
Free app to view 3D content for maintenance and collaboration purposes.
Tool for virtual damage assessment and digital capture in industries.
Platform for AI-driven evaluation of assets in Aerospace and Defense.
Funding Insights of NGrain
NGrain has successfully raised a total of $12.5M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $9.5 million completed in June 2013. 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 2
- Last Round Grant — $9.5M
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First Round
First Round
(30 Apr 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2013 | Amount | Grant - NGrain | Valuation |
investors |
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| Apr, 2007 | Amount | Series B - NGrain | Valuation |
investors |
| 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 NGrain
NGrain has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include mCloudTech.ai, Genuity Capital Partners and Government of Canada. 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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mCloudTech.ai is focused on asset performance management solutions.
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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 NGrain
| 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 - NGrain
| 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 |
Ngrain Comparisons
Competitors of NGrain
NGrain 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 Megvii, Ubiquiti, Arlo, Dahua Technology and Tractable, 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 |
Facial recognition and AI video analysis solutions are provided.
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Manufacturer of security and networking products
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| domain | founded_year | HQ Location |
Cloud-based smart security cameras are developed for video surveillance.
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| domain | founded_year | HQ Location |
AI and cloud-based video surveillance systems are developed.
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| domain | founded_year | HQ Location |
Provider of AI-based vehicle inspection solutions for insurers and the automotive industry
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| domain | founded_year | HQ Location |
Provider of AI and cloud-based vision processing units for video analytics applications
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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 Ngrain
Frequently Asked Questions about NGrain
When was NGrain founded?
NGrain was founded in 2000 and raised its 1st funding round 7 years after it was founded.
Where is NGrain located?
NGrain is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is NGrain a funded company?
NGrain is a funded company, having raised a total of $12.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $12.5M, raised on Apr 30, 2007.
What does NGrain do?
AI-powered damage assessment solution provider. It offers AI-enabled damage assessment solution for automating claims processing and policy underwriting. It uses computer vision and automatically identifies, measures, and assesses the severity of specific damage features, whether cosmetic or structural and pairs those measurements with other data to generate reliable estimates and damage reports on demand. Also offers Hailsense, a platform that automatically scans and offers dent counts, measurements, and estimates to appraisers.
Who are the top competitors of NGrain?
NGrain's top competitors include Megvii, Deep Sentinel and Ubiquiti.
What products or services does NGrain offer?
NGrain offers Producer Pro, nGRAIN Viewer, 3D Asset Management, and Virtual Damage Assessment.
Who are NGrain's investors?
NGrain has 3 investors. Key investors include mCloudTech.ai, Genuity Capital Partners, and Government of Canada.
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