About Plex Systems
Plex Systems is a company based in Troy (United States) founded in 1995 was acquired by Rockwell Automation in June 2021.. Plex Systems has raised $86.5 million across 4 funding rounds from investors including Rockwell Automation, Accel and T. Rowe Price. Plex Systems has completed 3 acquisitions, including Dattus, DemandCaster and Plex. Plex Systems offers products and services including Manufacturing Execution System (MES), Enterprise Resource Planning (ERP), Quality Management System (QMS), and Supply Chain Planning (SCP). Plex Systems operates in a competitive market with competitors including AspenTech, Rootstock, AVEVA, HostBooks and Groyyo, among others.
- Headquarter Troy, United States
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Plex Systems Private Limited
- Date of Incorporation 14 Oct, 2014
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$117.16 K (USD)-97.18as on Mar 31, 2023
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Net Profit
$3.84 M (USD)1186.29as on Mar 31, 2023
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EBITDA
$-104.81 K (USD)-107.37as on Mar 31, 2023
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Total Equity Funding
$86.5 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series C
Jun 09, 2014
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Investors
Rockwell Automation
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Dattus
& 2 more
- Acquired by
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Products & Services of Plex Systems
Plex Systems offers a comprehensive portfolio of products and services, including Manufacturing Execution System (MES), Enterprise Resource Planning (ERP), Quality Management System (QMS), and Supply Chain Planning (SCP). 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 monitoring and automating manufacturing processes.
Platform for planning and managing enterprise resources.
Tools for ensuring product quality and compliance.
Solutions for strategic supply chain operations.
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Funding Insights of Plex Systems
Plex Systems has successfully raised a total of $86.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in June 2014. 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 4
- Last Round Series C — $50.0M
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First Round
First Round
(22 Oct 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2014 | Amount | Series C - Plex Systems | Valuation |
investors |
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| Dec, 2012 | Amount | Series B - Plex Systems | Valuation |
investors |
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| Dec, 2010 | Amount | Series A - Plex Systems | 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 |
Investors in Plex Systems
Plex Systems has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Rockwell Automation, Accel and T. Rowe Price. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Equity investments are focused on tech, services, and consumer sectors.
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Founded Year | Domain | Location | |
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Private equity investment firm focused on technology sector
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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 Plex Systems
Plex Systems has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Dattus, DemandCaster and Plex. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Asset monitoring and failure prediction solutions
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2013 | ||||
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S&OP, Demand forecasting, and inventory optimisation
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2004 | ||||
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Engineering and automation solutions are provided for manufacturing.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Plex Systems
| 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 |
Plex Systems Comparisons
Competitors of Plex Systems
Plex Systems 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 AspenTech, Rootstock, AVEVA, HostBooks and Groyyo, 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-based software for manufacturing process optimization is offered.
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| domain | founded_year | HQ Location |
Cloud-based ERP solutions are offered for manufacturers and distributors.
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| domain | founded_year | HQ Location |
Cloud-based data visualization and dashboard development are facilitated.
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| domain | founded_year | HQ Location |
Agentic AI-powered ERP solutions are offered for multiple industries.
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| domain | founded_year | HQ Location |
AI-powered automation platform for MSME garment factories is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Plex Systems
Frequently Asked Questions about Plex Systems
When was Plex Systems founded?
Plex Systems was founded in 1995 and raised its 1st funding round 14 years after it was founded.
Where is Plex Systems located?
Plex Systems is headquartered in Troy, United States.
Is Plex Systems a funded company?
Plex Systems is a funded company, having raised a total of $86.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $500K, raised on Oct 22, 2009.
What is the annual revenue of Plex Systems?
Annual revenue of Plex Systems is $117.16K as on Mar 31, 2023.
What does Plex Systems do?
Plex Systems was established in 1995 in Troy, United States, as a provider of cloud-based manufacturing execution software. The Smart Manufacturing Platform is offered, incorporating modules for MES, ERP, analytics, industrial IoT, and supply chain management. These tools are applied in sectors including aerospace, automotive, industrial manufacturing, and food and beverages. Notable clients encompass Ralco, Horizon Technology, AVON Machining, A K Finishing, and Accuride Corporation.
Who are the top competitors of Plex Systems?
Plex Systems's top competitors include AspenTech, Rootstock and First Resonance.
What products or services does Plex Systems offer?
Plex Systems offers Manufacturing Execution System (MES), Enterprise Resource Planning (ERP), Quality Management System (QMS), and Supply Chain Planning (SCP).
How many acquisitions has Plex Systems made?
Plex Systems has made 3 acquisitions, including Dattus, DemandCaster, and Plex.
Who are Plex Systems's investors?
Plex Systems has 5 investors. Key investors include Rockwell Automation, Accel, T. Rowe Price, Francisco Partners, and Apax Partners.
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