About Precyse Tech
Precyse Tech is a company based in Atlanta (United States) founded in 2004 by Michael Braiman. It operates as a B2B. Precyse Tech has raised $10.52 million across 3 funding rounds from investors including Spencer Trask & Co. The company has 1,588 employees as of December 31, 2022. Precyse Tech operates in a competitive market with competitors including MachineMetrics, Adapdix, Flutura, Aquifi and MoBagel, among others.
- Headquarter Atlanta, United States
- Employees 1588 as on 31 Dec, 2022
- Founders Michael Braiman
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Precyse Solutions, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.52 M (USD)
in 3 rounds
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Latest Funding Round
$3.01 M (USD), Debt – Conventional
Sep 14, 2011
- Investors
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Employee Count
1588
as on Dec 31, 2022
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Funding Insights of Precyse Tech
Precyse Tech has successfully raised a total of $10.52M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3.01 million completed in September 2011. 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 3
- Last Round Debt – Conventional — $3.0M
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First Round
First Round
(12 Jan 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Debt – Conventional - Precyse Tech | Valuation |
investors |
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| Aug, 2010 | Amount | Series B - Precyse Tech | Valuation | Spencer Trask & Co |
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| Jan, 2010 | Amount | Series A - Precyse 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 |
Investors in Precyse Tech
Precyse Tech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Spencer Trask & Co. 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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Tech & Life Science focused early stage VC firm investing in the US
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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 Precyse 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 - Precyse 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 |
Precyse Tech Comparisons
Competitors of Precyse Tech
Precyse 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 MachineMetrics, Adapdix, Flutura, Aquifi and MoBagel, 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 |
Machine data is monitored and visualized to enhance manufacturing efficiency.
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| domain | founded_year | HQ Location |
Asset monitoring software is provided for industrial equipment optimization.
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| domain | founded_year | HQ Location |
End to end IoT platform for asset monitoring
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| domain | founded_year | HQ Location |
Develops vision technology using mobile cameras for advanced 3D perception applications.
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| domain | founded_year | HQ Location |
IoT analytics software is offered for device manufacturers and designers.
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| domain | founded_year | HQ Location |
Device management stack for Industrial IoT applications is 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 Precyse Tech
Frequently Asked Questions about Precyse Tech
When was Precyse Tech founded?
Precyse Tech was founded in 2004 and raised its 1st funding round 6 years after it was founded.
Where is Precyse Tech located?
Precyse Tech is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Precyse Tech a funded company?
Precyse Tech is a funded company, having raised a total of $10.52M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1.02M, raised on Jan 12, 2010.
How many employees does Precyse Tech have?
As of Dec 31, 2022, the latest employee count at Precyse Tech is 1,588.
What does Precyse Tech do?
Precyse Tech, founded in 2004 in Atlanta, United States, focuses on leveraging cutting-edge technology, software, managing assets, and providing supply chain solutions. Delivers remote asset management, supply chain automation, and real-time asset visibility. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Precyse Tech?
Precyse Tech's top competitors include MachineMetrics, MoBagel and Raven Telemetry.
Who are Precyse Tech's investors?
Precyse Tech has 1 investor. Key investors include Spencer Trask & Co.