About Phoenix Tech
Phoenix Tech is a company based in Flower Mound (United States) founded in 2008 by Amit Mahajan.. Phoenix Tech has raised $1.3 million across 1 funding round. The company has 194 employees as of April 07, 2024. Phoenix Tech operates in a competitive market with competitors including GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Locus Robotics, among others.
- Headquarter Flower Mound, United States
- Employees 194 as on 07 Apr, 2024
- Founders Amit Mahajan
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Griffyn Robotech Private Limited
- Date of Incorporation 23 Feb, 2018
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$2.7 M (USD)3.29as on Mar 31, 2023
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Net Profit
$93.81 K (USD)-76.85as on Mar 31, 2023
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EBITDA
$466.19 K (USD)-20.57as on Mar 31, 2023
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Total Equity Funding
$1.3 M (USD)
in 1 rounds
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Latest Funding Round
$1.3 M (USD), Seed
Aug 22, 2023
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Investors
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Employee Count
194
as on Apr 07, 2024
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Funding Insights of Phoenix Tech
Phoenix Tech has successfully raised a total of $1.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.3 million completed in August 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 1
- Last Round Seed — $1.3M
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First Round
First Round
(22 Aug 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Phoenix Tech | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Phoenix Tech
| 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 - Phoenix Tech
| 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 |
Phoenix Tech Comparisons
Competitors of Phoenix Tech
Phoenix Tech 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 GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Locus Robotics, 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 |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
Automated robotic solutions are provided for warehouse operations.
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| domain | founded_year | HQ Location |
Warehouse automation tools and last-mile transportation solutions are provided.
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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 Phoenix Tech
Frequently Asked Questions about Phoenix Tech
When was Phoenix Tech founded?
Phoenix Tech was founded in 2008 and raised its 1st funding round 15 years after it was founded.
Where is Phoenix Tech located?
Phoenix Tech is headquartered in Flower Mound, United States. It is registered at Flower Mound, Texas, United States.
Is Phoenix Tech a funded company?
Phoenix Tech is a funded company, having raised a total of $1.3M across 1 funding round to date. The company's 1st funding round was a Seed of $1.3M, raised on Aug 22, 2023.
How many employees does Phoenix Tech have?
As of Apr 07, 2024, the latest employee count at Phoenix Tech is 194.
What is the annual revenue of Phoenix Tech?
Annual revenue of Phoenix Tech is $2.7M as on Mar 31, 2023.
What does Phoenix Tech do?
Phoenix Group was founded in 2008 and is based in Flower Mound, United States. Automated robotic solutions driven by AI and web technologies are offered for warehouse operations within the supply chain sector. Development focuses on robotics, automation tools, data analytics, electro-optics, and machine vision technologies. Additional involvement includes reverse logistics and related automation services for industrial applications.
Who are the top competitors of Phoenix Tech?
Phoenix Tech's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.