About Onsite Teams
Onsite Teams is a company based in Delhi (India) founded in 2021 by Dheeraj Kumar Anand, Akshansh Agarwal, and Sumit Garg.. Onsite Teams has raised $1.72 million across 2 funding rounds from investors including Wellfound, Artha Venture Fund and Hauz Khas Ventures. The company has 23 employees as of April 08, 2024. Onsite Teams offers products and services including Construction Project Management, Construction Financial Management, Construction Labour Management, Construction Material Management, and Sub-Contractor Management. Onsite Teams operates in a competitive market with competitors including Procore, Nemetschek Group, Hover, Viewpoint and PlanRadar, among others.
- Headquarter Delhi, India
- Employees 23 as on 08 Apr, 2024
- Founders Dheeraj Kumar Anand, Akshansh Agarwal, Sumit Garg
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Abeyaantrix Technology Private Limited
- Date of Incorporation 26 Mar, 2021
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$38.21 K (USD)16383.4as on Mar 31, 2023
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Net Profit
$-370.52 K (USD)-163.37as on Mar 31, 2023
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EBITDA
$-395.35 K (USD)-188.62as on Mar 31, 2023
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Total Equity Funding
$1.72 M (USD)
in 2 rounds
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Latest Funding Round
$1.5 M (USD), Seed
May 18, 2022
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Investors
Wellfound
& 21 more
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Employee Count
23
as on Apr 08, 2024
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Products & Services of Onsite Teams
Onsite Teams offers a comprehensive portfolio of products and services, including Construction Project Management, Construction Financial Management, Construction Labour Management, Construction Material Management, and Sub-Contractor Management. 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 real-time tracking and collaboration in construction projects.
Tools for monitoring budgets and invoices in construction.
System for tracking attendance and optimizing labor allocation.
Platform for real-time material tracking and inventory control.
Software for handling subcontractor contracts and payments.
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Funding Insights of Onsite Teams
Onsite Teams has successfully raised a total of $1.72M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in May 2022. 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 Seed — $1.5M
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First Round
First Round
(07 Oct 2021)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Onsite Teams | Valuation | Artha Venture Fund , Foundamental | |
| Oct, 2021 | Amount | Seed - Onsite Teams | Valuation | Artha Venture Fund |
| 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 Onsite Teams
Onsite Teams has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Wellfound, Artha Venture Fund and Hauz Khas Ventures. 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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Venture capital investments in Indian startups across various sectors.
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Founded Year | Domain | Location | |
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Investments are made in AEC and construction technology globally.
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Founded Year | Domain | Location | |
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Venture capital seed series investment in tech-startups
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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 Onsite Teams
| 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 - Onsite Teams
| 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 |
Onsite Teams Comparisons
Competitors of Onsite Teams
Onsite Teams 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 Procore, Nemetschek Group, Hover, Viewpoint and PlanRadar, 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 |
SaaS project management software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Provider of management solutions for the construction sector
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| domain | founded_year | HQ Location |
Hover is recognized for providing construction and renovation software solutions.
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| domain | founded_year | HQ Location |
SaaS-based project management solutions are delivered for construction.
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| domain | founded_year | HQ Location |
SaaS documentation management solutions for construction are provided.
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| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Onsite Teams
Frequently Asked Questions about Onsite Teams
When was Onsite Teams founded?
Onsite Teams was founded in 2021.
Where is Onsite Teams located?
Onsite Teams is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Onsite Teams?
Akshansh Agarwal is the current CEO of Onsite Teams. They have also founded this company.
Is Onsite Teams a funded company?
Onsite Teams is a funded company, having raised a total of $1.72M across 2 funding rounds to date. The company's 1st funding round was a Seed of $220.56K, raised on Oct 07, 2021.
How many employees does Onsite Teams have?
As of Apr 08, 2024, the latest employee count at Onsite Teams is 23.
What is the annual revenue of Onsite Teams?
Annual revenue of Onsite Teams is $38.21K as on Mar 31, 2023.
What does Onsite Teams do?
Onsite Teams was established in 2021 in Delhi, India, within the construction technology sector. Project management tools are provided through a mobile application, encompassing task assignment, labor and material oversight, site cost monitoring, design review, and performance reporting. Compatibility is ensured for iOS and Android devices, supporting operations in construction environments.
Who are the top competitors of Onsite Teams?
Onsite Teams's top competitors include Procore, Hover and Nemetschek Group.
What products or services does Onsite Teams offer?
Onsite Teams offers Construction Project Management, Construction Financial Management, Construction Labour Management, Construction Material Management, and Sub-Contractor Management.
Who are Onsite Teams's investors?
Onsite Teams has 22 investors. Key investors include Wellfound, Artha Venture Fund, Hauz Khas Ventures, Foundamental, and Madhumala Ventures.
What is Onsite Teams's valuation?
The valuation of Onsite Teams is $3.86M as of May 2022.