Numem

Sunnyvale, United States Founded: 2018 • Age: 8 yrs
Resistive RAMs are developed for the semiconductor industry.

About Numem

Numem is a Technology company based in Sunnyvale (United States) founded in 2018 by Jack Guedj, Douglas Smith, and Nilesh Gharia. Resistive RAMs are developed for the semiconductor industry. Numem has raised $16.26 million across 2 funding rounds from investors including Cambium Capital Partners and Doorga Capital. Its chief executive, as recorded, is Jack Guedj. Its Indian entity Numem Global India Private Limited reported revenue of β‚Ή2.89 Cr. Numem offers products and services including NuRAM IP Cores, SmartMem SOC Subsystem, and Chip/Chiplets. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Chips and Memory Chips. Its competitors include Nimble Storage, Adesto and d-Matrix; 3 of its 3 listed competitors have raised funding.

Company details

Numem was founded in 2018 in Sunnyvale, United States, as a developer of resistive RAMs within the semiconductor sector. Resistive RAMs and embedded MRAM SoCs are designed and produced using patented technologies. Low-power, secure, and high-density solutions are offered for applications including IoT devices, wearables, AI systems, neuromorphic computing, digital security, cameras, autonomous vehicles, and data centers. Operations focus on embedded memory innovations.

  • Headquarters Sunnyvale, United States
  • Founders Jack Guedj, Douglas Smith, Nilesh Gharia
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website numem.com
  • Social LinkedIn
  • Legal Name Numem Global India Private Limited
  • Date of Incorporation 09 Jul, 2019
  • Jurisdiction Gandhinagar, Gujarat, India
Key Metrics
  • Indian entity revenue
    ₹2.89 Cr

    FY 2024 · +48% YoY

  • Indian entity net profit
    ₹8.5 Lakh

    FY 2024 · 3% margin

  • Indian entity EBITDA
    ₹15.4 Lakh

    FY 2024 · 5% margin

  • Total Equity Funding
    $16.26M (USD)

    in 2 rounds

  • Latest Funding Round
    $5.92M (USD), Series A

    Aug 2026

  • Investors

Products & Services of Numem

Numem offers a comprehensive portfolio of products and services, including NuRAM IP Cores, SmartMem SOC Subsystem, and Chip/Chiplets.

NuRAM IP Cores
Memory IP

Low-power MRAM-based technology for high-performance applications.

SmartMem SOC Subsystem
Memory Subsystem

Configurable IP enhancing power and endurance for various memory types.

Chip/Chiplets
Advanced Memory Chips

Integrated solutions for AI and data center memory needs.

Funding Insights of Numem

Numem has successfully raised a total of $16.26M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.92 million completed in August 2026. 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 $16.26M
  • Total Rounds 2
  • Last Round Series A β€” $5.92M
  • First Round $10.34M

    (Jan 2023)

  • Investors Count 2

All 2 funding rounds of Numem with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2026$5.92MSeries A––
–
Jan 2023$10.34MSeries A–Cambium Capital Partners, Doorga
–
Valuation history

2 investors in total: 2 institutional.

Investors in Numem

Numem has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cambium Capital Partners and Doorga Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on computation startups
cambium.vc
Strategic investment is provided by Doorga Capital for startups.
doorga.netPalo Alto, USA
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Investor details for Numem

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Board of directors of Numem Global India Private Limited (Numem)

Numem Global India Private Limited is the primary company behind Numem. The board of Numem Global India Private Limited currently have 2 directors; the longest-serving is Jack Guedj, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Jack Guedj
DIN 08504235
Director09 Jul 20197 yrs 3 moNumem Global India Private Limited
Samirbhai Mehta
DIN 02338250
Director25 Aug 20224 yrs 2 moNumem Global India Private Limited

People of Numem

9 people are tracked at Numem (6 in leadership, 3 in team).

NameRoleGroup
Co-Founder & CEOLeadership
Douglas Smith
Co-FounderLeadership
Nilesh Gharia
Co-FounderLeadership
B N.
VP Of Engineering, Memory Design & ArchitectureLeadership
Nilesh G.
Co-Founder/CTOLeadership
Ramamurthy Gorti
VP of EngineeringLeadership
Pravin Chhatrala
V.P. India OperationsTeam
Urwashi Singh
Verification EngineerTeam
Farshad Zarghami
Sr. Dir. Marketing And BizdevTeam
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Financials of Numem

Figures of Numem Global India Private Limited, the primary company behind Numem, for FY 2024. Revenue was ₹2.89 Cr (+48% year on year). Net profit was ₹8.5 Lakh (3% margin). EBITDA was ₹15.4 Lakh (5% margin). Revenue has grown at a compounded annual rate of +32% over three years.

  • ₹2.89 CrRevenue · FY 2024 · +48% YoY
  • ₹8.5 LakhNet profit · 3% margin
  • ₹15.4 LakhEBITDA · 5% margin
  • ₹1 LakhPaid-up capital
  • +32%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Numem Global India Private Limited are on its company page.

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Detailed financial statements for Numem

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Timeline of Numem

3 dated milestones of Numem across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Numem is founded.
  2. Funding First funding round of $10.3M.
  3. Funding Latest funding round, Series A, of $5.9M.

Competitors of Numem

Numem has 3 listed competitors in our database, 3 of them funded. They include Nimble Storage, Adesto and d-Matrix.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
nimblestorage.com2007Houston, United States$98.75M15,156
Primary storage, backup, and disaster recovery solutions are delivered.
adestotech.com2007Sunnyvale, United States$74.99M
Ultra-low-power CBRAM technology is developed for IoT and health applications.
d-matrix.ai2019Los Altos, United States$450M66
Digital in-memory compute engines are developed for efficient AI processing.
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Detailed competitors of Numem

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Web traffic of Numem

The website of Numem (numem.com) receives about 1.6K visits a month.

  • Monthly visits
    1.6K

Top companies in Industrial IoT & Smart Manufacturing

3 companies that operate in the same segment as Numem (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
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Related news about Numem

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Complete news archive for Numem

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Frequently Asked Questions about Numem

Numem was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Numem is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Jack Guedj is the CEO of Numem, as recorded in our data. They have also founded this company.

Numem is a funded company, having raised a total of $16.26M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10.34M, raised on Jan 2023.

The primary company behind Numem, Numem Global India Private Limited, reported revenue of β‚Ή2.89 Cr for FY 2024, up 48% year on year.

Numem was founded in 2018 in Sunnyvale, United States, as a developer of resistive RAMs within the semiconductor sector. Resistive RAMs and embedded MRAM SoCs are designed and produced using patented technologies. Low-power, secure, and high-density solutions are offered for applications including IoT devices, wearables, AI systems, neuromorphic computing, digital security, cameras, autonomous vehicles, and data centers. Operations focus on embedded memory innovations.

Numem's top competitors include d-Matrix, Adesto and Nimble Storage.

Numem offers NuRAM IP Cores, SmartMem SOC Subsystem, and Chip/Chiplets.

Numem has 2 investors. Key investors include Cambium Capital Partners, and Doorga Capital.

Numem operates through Numem Global India Private Limited.

The legal entities of Numem currently have 2 directors, including Samirbhai Mehta, Jack Guedj.

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