NGrain

Vancouver, Canada Founded: 2000 • Age: 26 yrs Acquired By mCloud
AI-powered damage assessment solutions for insurance claims are provided.
Annual revenue - Latest available
Total funding $12.5M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Ngrain (Canada) Corporation
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $9.5 M (USD), Grant

    Jun 26, 2013

  • Investors
  • Employee Count
    Not available
  • 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.

Product name locked
Category locked
Primary

Software for making 3D training content for equipment assembly and repair.

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Free app to view 3D content for maintenance and collaboration purposes.

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Tool for virtual damage assessment and digital capture in industries.

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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.

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.

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Institutional
Investor Description Founded Year Domain Location
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mCloudTech.ai is focused on asset performance management solutions.
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Investor details for NGrain

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  • Investor domains
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Investments & Acquisitions by NGrain

Investments
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Investment portfolio details for NGrain

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Financial Statements - NGrain

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Detailed financials for NGrain

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Ngrain Comparisons

NGrain Primary company
Description
AI-powered damage assessment solutions for insurance claims ...
Location
Vancouver, Canada
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for NGrain

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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.

Company Name Domain Founded year HQ Location Description
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Facial recognition and AI video analysis solutions are provided.
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Manufacturer of security and networking products
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Cloud-based smart security cameras are developed for video surveillance.
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AI and cloud-based video surveillance systems are developed.
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Provider of AI-based vehicle inspection solutions for insurers and the automotive industry
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Provider of AI and cloud-based vision processing units for video analytics applications
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Detailed competitors of NGrain

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Latest news on Ngrain

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Complete news archive for NGrain

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Frequently Asked Questions about NGrain

NGrain was founded in 2000 and raised its 1st funding round 7 years after it was founded.

NGrain is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

NGrain is a funded company, having raised a total of $12.5M across 2 funding rounds to date.

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.

NGrain's top competitors include Megvii, Deep Sentinel and Ubiquiti.

NGrain offers Producer Pro, nGRAIN Viewer, 3D Asset Management, and Virtual Damage Assessment.

NGrain has 3 investors. Key investors include mCloudTech.ai, Genuity Capital Partners, and Government of Canada.

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