Singularity Automation

Bengaluru, India Founded: 2017 • Age: 9 yrs Acquired By Stanza Living
Cloud-based IoT enables management software for co-working and co-living spaces
Annual revenue $362,659 Latest available
Total funding $1.2M 3 rounds
Employees 28 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Singularity Automation

Singularity Automation is a company based in Bengaluru (India) founded in 2017 by Akash Goel and Chakradhar Reddy Veeramreddy was acquired by Stanza Living in April 2022. Singularity Automation has raised $1.24 million across 3 funding rounds from investors including Times Internet, Stanza Living and IvyCap Ventures. The company has 28 employees as of April 05, 2024. Singularity Automation operates in a competitive market with competitors including RealPage, AppFolio, Entrata, RentRedi and Johnson Controls, among others.

  • Headquarter Bengaluru, India
  • Employees 28 as on 05 Apr, 2024
  • Founders Akash Goel, Chakradhar Reddy Veeramreddy
  • Stage Minicorn
  • Sectors
    Technology
    Business Services Energy & Utilities Real Estate & Construction
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Singularity Automation Private Limited
  • Date of Incorporation 14 Oct, 2016
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $362.66 K (USD)
    426.73
    as on Mar 31, 2020
  • Net Profit
    -$10.29 K (USD)
    88.33
    as on Mar 31, 2020
  • EBITDA
    -$2.52 K (USD)
    97.28
    as on Mar 31, 2020
  • Total Equity Funding
    $1.24 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.16 M (USD), Series A

    Mar 04, 2020

  • Investors
  • Employee Count
    28

    as on Apr 05, 2024

  • Acquired by
    Stanza Living

    (Apr 01, 2022)

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Funding Insights of Singularity Automation

Singularity Automation has successfully raised a total of $1.24M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.16 million completed in March 2020. 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.

Investors in Singularity Automation

Singularity Automation has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Times Internet, Stanza Living and IvyCap Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in startups from leading Indian institutions across various sectors.
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Investments in early-stage startups are made by Brand Capital.
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Provider of digital content, advertising solutions, and technology services
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Investor details for Singularity Automation

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Investments & Acquisitions by Singularity Automation

Investments
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Investment portfolio details for Singularity Automation

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Financial Statements - Singularity Automation

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Detailed financials for Singularity Automation

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Singularity Automation Comparisons

Singularity Automation Primary company
Description
Cloud-based IoT enables management software for co-working a...
Location
Bengaluru, India
Founded Year
2017
Annual Revenue
$362.66 K (USD)
Net Profit
-$10.29 K (USD)
EBITDA
-$2.52 K (USD)
Employees
28
As of 2024
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Peer comparison for Singularity Automation

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Competitors of Singularity Automation

Singularity Automation 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 RealPage, AppFolio, Entrata, RentRedi and Johnson Controls, among others.

Company Name Domain Founded year HQ Location Description
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AI-enabled property management software is provided for residential properties.
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SaaS-driven property management software for owners and residential property managers
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SaaS-driven property management software is provided for owners and managers.
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Provider of a SaaS-driven tech-first rental agency
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Automotive batteries and HVAC equipment are manufactured and supplied globally.
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End-to-end energy management solutions are provided for utilities worldwide.
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Detailed competitors of Singularity Automation

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Latest news on Singularity Automation

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Complete news archive for Singularity Automation

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Frequently Asked Questions about Singularity Automation

Singularity Automation was founded in 2017.

Singularity Automation is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Akash Goel is the current CEO of Singularity Automation. They have also founded this company.

Singularity Automation is a funded company, having raised a total of $1.24M across 3 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Singularity Automation is 28.

Annual revenue of Singularity Automation is $362.66K as on Mar 31, 2020.

Singularity Automation is a cloud-based IoT enables management software for co-working and co-living spaces. Features include smart check-in, utility bill payments, fraud detection, online rent payments, energy management, space management, and more.

Singularity Automation's top competitors include RealPage, Entrata and Landis+Gyr.

Singularity Automation has 5 investors. Key investors include Times Internet, Stanza Living, IvyCap Ventures, Surendra Kumar Jain, and Brand Capital.

The valuation of Singularity Automation is $4.55M as of Mar 2020.

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