About Numat
Numat is a company based in Skokie (United States) founded in 2013 by Benjamin Hernandez and Omar Farha.. Numat has raised $21.44 million across 14 funding rounds from investors including OSTI.GOV, Universal Materials Incubator and OS Fund. The company has 38 employees as of December 31, 2021. Numat offers products and services including ION-X and SENTINEL. Numat operates in a competitive market with competitors including Citrine Informatics, Kebotix, Enzymit, Molecule.one and Chemical.AI, among others.
- Headquarter Skokie, United States
- Employees 38 as on 31 Dec, 2021
- Founders Benjamin Hernandez, Omar Farha
-
Sectors
Chemicals & Materials
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Numat Technologies, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$21.44 M (USD)
in 14 rounds
-
Latest Funding Round
$399.35 K (USD), Grant
Jul 10, 2023
-
Investors
OSTI.GOV
& 7 more
-
Employee Count
38
as on Dec 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Numat
Numat offers a comprehensive portfolio of products and services, including ION-X and SENTINEL. 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.
System for subatmospheric storage and purification of hazardous gases.
Platform for high-performance chemical protection and decontamination.
Funding Insights of Numat
Numat has successfully raised a total of $21.44M across 14 strategic funding rounds. The most recent funding activity was a Grant round of $399.35 thousand completed in July 2023. 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 14
- Last Round Grant — $399,352
-
First Round
First Round
(12 Jun 2013)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Grant - Numat | Valuation |
investors |
|
| Aug, 2022 | Amount | Series B - Numat | Valuation | Universal Materials Incubator |
|
| Jun, 2022 | Amount | Grant - Numat | Valuation |
investors |
| 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 Numat
Numat has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include OSTI.GOV, Universal Materials Incubator and OS Fund. 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 |
|---|---|---|---|---|
|
Tech & Life sciences focused VC firm investing primarily in Japan
|
Founded Year | Domain | Location | |
|
Early-stage centric sector-agnostic VC firm investing in geographies such as the US
|
Founded Year | Domain | Location | |
|
Early- to growth-stage startups are targeted for venture capital investments.
|
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 Numat
| 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 - Numat
| 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 |
Numat Comparisons
Competitors of Numat
Numat 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 Citrine Informatics, Kebotix, Enzymit, Molecule.one and Chemical.AI, 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 |
Provider of AI-based solutions for materials informatics
|
|
| domain | founded_year | HQ Location |
AI solutions for materials discovery
|
|
| domain | founded_year | HQ Location |
AI-powered algorithms for enzyme design and optimization are provided.
|
|
| domain | founded_year | HQ Location |
AI-based software for molecule drug design and synthesis is provided.
|
|
| domain | founded_year | HQ Location |
Provider of AI-based chemical synthesis and medicinal analysis platform for researchers
|
| 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.
|
Frequently Asked Questions about Numat
When was Numat founded?
Numat was founded in 2013.
Where is Numat located?
Numat is headquartered in Skokie, United States. It is registered at Skokie, Illinois, United States.
Who is the current CEO of Numat?
Benjamin Hernandez is the current CEO of Numat. They have also founded this company.
Is Numat a funded company?
Numat is a funded company, having raised a total of $21.44M across 14 funding rounds to date. The company's 1st funding round was a Grant of $199.97K, raised on Jun 12, 2013.
How many employees does Numat have?
As of Dec 31, 2021, the latest employee count at Numat is 38.
What does Numat do?
Numat was founded in 2013 and is headquartered in Skokie, United States. Operations center on a precision chemistry platform utilizing metal-organic frameworks for capturing hazardous chemicals and enabling separations. High-value solutions for gas storage, separation, and transport have been developed through collaborations with industrial partners. The company operates within the chemicals sector, focusing on advanced materials for industrial applications.
Who are the top competitors of Numat?
Numat's top competitors include Citrine Informatics, Enzymit and Molecule.one.
What products or services does Numat offer?
Numat offers ION-X and SENTINEL.
Who are Numat's investors?
Numat has 8 investors. Key investors include OSTI.GOV, Universal Materials Incubator, OS Fund, Osage University Partners, and Tin Shed Ventures.