About SandLogic
SandLogic is a company based in Bengaluru (India) founded in 2016 by Kamalakar Devaki and Radhika Kanigiri.. SandLogic has raised $9.35 million across 3 funding rounds from investors including Vaisesika Consulting, Sanjay Singhania and Sai Kumar. SandLogic offers products and services including EdgeMatrix.io, TXTR, Lingo, and AuVi.IO. SandLogic operates in a competitive market with competitors including Yurts, Predibase, Algorithmia, Relevance AI and Edge Impulse, among others.
- Headquarter Bengaluru, India
- Founders Kamalakar Devaki, Radhika Kanigiri
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Sandlogic Technologies Private Limited
- Date of Incorporation 28 Apr, 2016
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$364.86 K (USD)21.68as on Mar 31, 2022
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Net Profit
$16.46 K (USD)71.03as on Mar 31, 2022
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EBITDA
$81.14 K (USD)12.64as on Mar 31, 2022
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Total Equity Funding
$9.35 M (USD)
in 3 rounds
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Latest Funding Round
$4.99 M (USD), Seed
Sep 25, 2024
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Investors
Vaisesika Consulting
& 3 more
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Employee Count
Employee Count
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Products & Services of SandLogic
SandLogic offers a comprehensive portfolio of products and services, including EdgeMatrix.io, TXTR, Lingo, and AuVi.IO. 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.
Platform for porting and optimizing AI models to edge devices.
Tool for capturing, classifying, and extracting data from documents.
Solution for handling natural language tasks and data processing.
Platform for data annotation and AI model training services.
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Funding Insights of SandLogic
SandLogic has successfully raised a total of $9.35M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $4.99 million completed in September 2024. 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 Seed — $5.0M
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First Round
First Round
(01 Jun 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - SandLogic | Valuation | NextEdge | |
| Feb, 2022 | Amount | Seed - SandLogic | Valuation | Sanjay Singhania , Sai Kumar |
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| Jun, 2020 | Amount | Seed - SandLogic | 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 SandLogic
SandLogic has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Vaisesika Consulting, Sanjay Singhania and Sai Kumar. 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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Delivers comprehensive business consulting solutions to organizations.
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Founded Year | Domain | Location | |
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Offers IT solutions, consulting, digital transformation, AI, and cloud services to organizations.
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Founded Year | Domain | Location | |
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SS
Sanjay Singhania |
Angel investor focusing on Indian startups in tech and consumer sectors.
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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 SandLogic
| 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 - SandLogic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sandlogic Comparisons
Competitors of SandLogic
SandLogic 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 Yurts, Predibase, Algorithmia, Relevance AI and Edge Impulse, 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 |
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Developer of AI-based multiple task management platforms
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| domain | founded_year | HQ Location |
Provider of a low-code and cloud-based AI application development platform
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| domain | founded_year | HQ Location |
A marketplace for machine learning algorithms is operated by Algorithmia.
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| domain | founded_year | HQ Location |
AI-powered image data analytics platform
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| domain | founded_year | HQ Location |
A cloud-based platform for embedded machine learning applications 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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Frequently Asked Questions about SandLogic
When was SandLogic founded?
SandLogic was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is SandLogic located?
SandLogic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is SandLogic a funded company?
SandLogic is a funded company, having raised a total of $9.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $360K, raised on Jun 01, 2020.
What is the annual revenue of SandLogic?
Annual revenue of SandLogic is $364.86K as on Mar 31, 2022.
What does SandLogic do?
SandLogic was founded in 2016 in Bengaluru, India, as a provider of an Edge AI SaaS-based platform. Deep learning models are utilized alongside an advanced OCR platform for document processing. An NLP-based framework is offered to support data capture through methods such as OCR, ICR, visual intelligence, deep learning, and NLP. Operations focus on AI-driven solutions in the technology sector.
Who are the top competitors of SandLogic?
SandLogic's top competitors include Predibase, Yurts and Relevance AI.
What products or services does SandLogic offer?
SandLogic offers EdgeMatrix.io, TXTR, Lingo, and AuVi.IO.
Who are SandLogic's investors?
SandLogic has 4 investors. Key investors include Vaisesika Consulting, Sanjay Singhania, Sai Kumar, and NextEdge.
What is SandLogic's valuation?
The valuation of SandLogic is $19.86M as of Sep 2024.
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