About Preva Systems
Preva Systems is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2004 by Ramaraj Srinivasan. SaaS-based telematics solutions for vehicle tracking and monitoring are offered. It operates in the Industrial Goods & Manufacturing, Technology, and Transportation, Automotive & Logistics sectors. Preva Systems has raised $850.31 thousand across 4 funding rounds from investors including Bijay Sahoo, Shiv Shankar Maurya and Rooman. The company has 6 employees. Preva Systems was last valued at $807.57 thousand in August 2017. Its Indian entity Preva Systems Private Limited reported revenue of ₹60.6 Lakh. Its focus areas include Connected Vehicles, Vehicle Telematics, Consumer Telematics and Vehicle Tracking.
Company details
Preva Systems was founded in 2004 and is headquartered in Bengaluru, India. Telematics solutions based on SaaS are provided for the automotive sector, encompassing vehicle location tracking, performance monitoring, fuel usage analysis, and related features. Operations focus on delivering these tools to support fleet management and logistics needs across various regions.
- Headquarters Bengaluru, India
- Employees 6
- Founders Ramaraj Srinivasan
- SectorsIndustrial Goods & ManufacturingTechnology Transportation, Automotive & Logistics
- Website prevasystems.com
- Social X Facebook
- Legal Name Preva Systems Private Limited
- Date of Incorporation 26 Mar, 2004
- Jurisdiction Rajajinagar, Karnataka, India
- Annual Revenue₹60.6 Lakh
FY 2022
- Net Loss-₹65.8 Lakh
FY 2022 · -109% margin
- EBITDA-₹43.8 Lakh
FY 2022 · -72% margin
- Total Equity Funding$850.31K (USD)
in 4 rounds
- Latest Funding Round$166.68K (USD), Seed
Aug 2017
- InvestorsRooman
& 10 more
- Employee Count6
Associated legal entities of Preva Systems
Preva Systems operates through Preva Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Preva Systems Private Limited CIN U72900KA2004PTC033647 | Active | 26 Mar 2004 | Rajajinagar, Karnataka | ₹0.6 Cr | 6 | 2 | View details |
Funding Insights of Preva Systems
Preva Systems has successfully raised a total of $850.31K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $166.68 thousand completed in August 2017. 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 $850,309
- Total Rounds 4
- Last Round Seed — $166,679
- First Round $67,380
(Apr 2007)
- Investors Count 11
All 4 funding rounds of Preva Systems 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 |
|---|---|---|---|---|---|
| Aug 2017 | $166,679 | Seed | $807,569 | Rooman Technologies | |
| Feb 2015 | $405,770 | Seed | $1.59M | Nagaraj Srinivasa | |
| Mar 2014 | $210,480 | Angel Round | $••••• | Kiran Gunde Gowda, Nagaraj Srinivasa | |
| Apr 2007 | $67,380 | Angel Round | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2015 | $1.59M | •••••••• |
| Mar 2014 | $1.75M | •••••••• |
Last known valuation $807,569 (Aug 2017). 11 investors in total: 2 institutional and 9 angel.
Investors in Preva Systems
Preva Systems has secured backing from 11 investors, including angel and institutional investors. Prominent investors backing the company include Bijay Sahoo, Shiv Shankar Maurya and Rooman.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Training in hardware, networking, and security is provided. | rooman.net | Bengaluru, India | ||
Recruitment services are provided by Rooman Technologies in India. | rooman.com | Bengaluru, India | ||
BS Bijay Sahoo | Angel investor, HR tech leader, ex-Salesforce, focused on early-stage startups | unknown_2beaad737e664a40a | ||
SS Shiv Shankar Maurya | unknown_4356f8fc4b284dae9 | |||
RS Ramaraj Srinivasan | Angel investor, tech entrepreneur, co-founder of Netcore Cloud, active in Indian startups | unknown_665a55b0d0ee4c6c9 | ||
KS K Sharanayya | unknown_8c0e1e81bec348e6a | |||
VG Visveswara Gupta | unknown_ff0ffcbbb0de45979 | |||
NS Nagaraj Srinivasa | unknown_0027d4f498ee45439 | |||
KG Kiran Gunde Gowda | unknown_9ba89445b2944643a | |||
AS A Sadasivam | unknown_f807552929324f1bb |
Investor details for Preva Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Preva Systems Private Limited (Preva Systems)
Preva Systems Private Limited is the primary company behind Preva Systems. The board of Preva Systems Private Limited currently have 2 directors; the longest-serving is Vikram Jairam, appointed in 2017. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikram Jairam DIN 07986089 | Director | 15 Nov 2017 | 8 yrs 11 mo | Preva Systems Private Limited |
| Manish Kumar DIN 01392264 | Managing Director | 15 Nov 2017 | 8 yrs 11 mo | Preva Systems Private Limited |
People of Preva Systems
2 people are tracked at Preva Systems (2 in leadership); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Director | Leadership |
Complete people profiles for Preva Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Preva Systems
Figures of Preva Systems Private Limited, the primary company behind Preva Systems, for FY 2022. Revenue was ₹60.6 Lakh. Net loss was -₹65.8 Lakh (-109% margin). EBITDA was -₹43.8 Lakh (-72% margin). Revenue has grown at a compounded annual rate of -21% over five years.
- ₹60.6 LakhRevenue · FY 2022
- -₹65.8 LakhNet loss · -109% margin
- -₹43.8 LakhEBITDA · -72% margin
- ₹51.8 LakhPaid-up capital
- 6Employees (provident fund records)
- -21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Preva Systems Private Limited are on its company page.
Detailed financial statements for Preva Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Preva Systems
4 dated milestones of Preva Systems across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Preva Systems is founded.
- Funding First funding round of $67K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $167K.
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Frequently Asked Questions about Preva Systems
Preva Systems was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Preva Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Preva Systems is a funded company, having raised a total of $850.31K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $67.38K, raised on Apr 2007.
Preva Systems has 6 employees.
The primary company behind Preva Systems, Preva Systems Private Limited, reported revenue of ₹60.6 Lakh for FY 2022.
Preva Systems was founded in 2004 and is headquartered in Bengaluru, India. Telematics solutions based on SaaS are provided for the automotive sector, encompassing vehicle location tracking, performance monitoring, fuel usage analysis, and related features. Operations focus on delivering these tools to support fleet management and logistics needs across various regions.
Preva Systems has 11 investors. Key investors include Bijay Sahoo, Shiv Shankar Maurya, Rooman, Ramaraj Srinivasan, and K Sharanayya.
The valuation of Preva Systems is $807.57K as of Aug 2017.
Preva Systems operates through Preva Systems Private Limited.
The legal entities of Preva Systems currently have 2 directors, including Vikram Jairam, Manish Kumar.