About Polymerize IO
Polymerize IO is an Industrial Goods & Manufacturing company based in Singapore founded in 2020 by Abhijit Vijay Salvekar. An AI-based platform for material informatics and RD is provided. Polymerize IO has raised $4.4 million across 1 funding round from investors including Elevation Capital. The company has 28 employees. Its Indian entity Polymerize Private Limited reported revenue of ₹6.25 Cr. Its focus areas include Chemicals and Materials Tech, Materials Tech, Research and Development and Material Informatics.
Company details
Polymerize IO was founded in 2020 in Singapore and operates in the material informatics sector. An AI-driven platform is offered to support RD operations through automated data collection, market intelligence from scientific journals and patents, and accelerated material formulation development. Data analytics are utilized to produce reports for case studies, alongside technical services for IP management and publications.
- Headquarters Singapore
- Employees 28
- Founders Abhijit Vijay Salvekar
- SectorsIndustrial Goods & Manufacturing
- Website polymerize.io
- Social LinkedIn
- Legal Name Polymerize Private Limited
- Date of Incorporation 08 Aug, 2020
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹6.25 Cr
FY 2024 · +80% YoY
- Indian entity net profit₹94.5 Lakh
FY 2024 · 15% margin
- Indian entity EBITDA₹1.36 Cr
FY 2024 · 22% margin
- Total Equity Funding$4.4M (USD)
in 1 rounds
- Latest Funding Round$4.4M (USD), Series A
May 2022
- Investors
- Employee Count28
Associated legal entities of Polymerize IO
Polymerize IO operates through Polymerize Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Polymerize Private Limited CIN U72900PN2020PTC192779 | Active | 08 Aug 2020 | Pune, Maharashtra | ₹6.3 Cr | 28 | 3 | View details |
Funding Insights of Polymerize IO
Polymerize IO has successfully raised a total of $4.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.4 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 $4.4M
- Total Rounds 1
- Last Round Series A — $4.4M
- First Round $4.4M
(May 2022)
- Investors Count 1
All 1 funding rounds of Polymerize IO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $4.4M | Series A | – | Elevation Capital | – |
1 investors in total: 1 institutional.
Investors in Polymerize IO
Polymerize IO has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Elevation Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Elevation Capital is focused on early-stage tech investments in India. | elevationcapital.com | Delhi, India |
Investor details for Polymerize IO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Polymerize Private Limited (Polymerize IO)
Polymerize Private Limited is the primary company behind Polymerize IO. The board of Polymerize Private Limited currently have 3 directors; the longest-serving is Kunal Sandeep, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kunal Sandeep DIN 07362692 | Director | 08 Aug 2020 | 6 yrs 2 mo | Polymerize Private Limited |
| Vijay Gajanan Salvekar DIN 08826500 | Director | 08 Aug 2020 | 6 yrs 2 mo | Polymerize Private Limited |
| Abhijit Vijay Salvekar DIN 08860586 | Director | 03 Sep 2020 | 6 yrs 1 mo | Polymerize Private Limited |
People of Polymerize IO
7 people are tracked at Polymerize IO (3 in leadership, 4 in team); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
Abhijit Vijay Salvekar, Ph.D. | Co-Founder | Leadership |
Rei Kurohi | Chief of Staff | Leadership |
Anu Philipp | Sr. Product Designer | Team |
CA Saurrav Khaitaan | Finance Manager | Team |
Surya KV | Associate Marketing Manager | Team |
Jui Mhatre | Product Marketing Manager | Team |
Complete people profiles for Polymerize IO
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Financials of Polymerize IO
Figures of Polymerize Private Limited, the primary company behind Polymerize IO, for FY 2024. Revenue was ₹6.25 Cr (+80% year on year). Net profit was ₹94.5 Lakh (15% margin). EBITDA was ₹1.36 Cr (22% margin). Revenue has grown at a compounded annual rate of +223% over three years.
- ₹6.25 CrRevenue · FY 2024 · +80% YoY
- ₹94.5 LakhNet profit · 15% margin
- ₹1.36 CrEBITDA · 22% margin
- ₹1.1 LakhPaid-up capital
- 28Employees (provident fund records)
- +223%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Polymerize Private Limited are on its company page.
Detailed financial statements for Polymerize IO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Polymerize IO
2 dated milestones of Polymerize IO across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Polymerize IO is founded.
- Funding First funding round of $4.4M.
Web traffic of Polymerize IO
The website of Polymerize IO (polymerize.io) receives about 5K visits a month.
- Monthly visits5K
▲ 145.4% vs previous month
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Related news about Polymerize Io
Complete news archive for Polymerize IO
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Frequently Asked Questions about Polymerize IO
Polymerize IO was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Polymerize IO is headquartered in Singapore.
Polymerize IO is a funded company, having raised a total of $4.4M across 1 funding round to date. The company's 1st funding round was a Series A of $4.4M, raised on May 2022.
Polymerize IO has 28 employees.
The primary company behind Polymerize IO, Polymerize Private Limited, reported revenue of ₹6.25 Cr for FY 2024, up 80% year on year.
Polymerize IO was founded in 2020 in Singapore and operates in the material informatics sector. An AI-driven platform is offered to support RD operations through automated data collection, market intelligence from scientific journals and patents, and accelerated material formulation development. Data analytics are utilized to produce reports for case studies, alongside technical services for IP management and publications.
Polymerize IO has 1 investor. Key investors include Elevation Capital.
Polymerize IO operates through Polymerize Private Limited.
The legal entities of Polymerize IO currently have 3 directors, including Kunal Sandeep, Abhijit Vijay Salvekar, Vijay Gajanan Salvekar.