SustLabs

Mumbai, India Founded: 2016 • Age: 10 yrs
Provider of IoT-based energy consumption monitoring solutions
Annual revenue $96,867 Latest available
Total funding $2.2M 14 rounds
Employees - Tracked headcount
Investors 48 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About SustLabs

SustLabs is a company based in Mumbai (India) founded in 2016 by Soumya Bhattacharya and Kaushik Bose. SustLabs has raised $2.15 million across 14 funding rounds from investors including Oracle, 100Unicorns and Panasonic Ignition. SustLabs operates in a competitive market with competitors including ecobee, Particle, Signify, Landis+Gyr and Tibber, among others.

  • Headquarter Mumbai, India
  • Founders Soumya Bhattacharya, Kaushik Bose
  • Stage Minicorn
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sustainable Reference Analytics Private Limited
  • Date of Incorporation 14 Sep, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $96.87 K (USD)
    28.27
    as on Mar 31, 2023
  • Net Profit
    -$271.44 K (USD)
    -81.86
    as on Mar 31, 2023
  • EBITDA
    -$308.41 K (USD)
    -75.31
    as on Mar 31, 2023
  • Total Equity Funding
    $2.15 M (USD)

    in 14 rounds

  • Latest Funding Round
    $1.2 M (USD), Seed

    Apr 16, 2025

  • Investors
    Oracle

    & 47 more

  • Employee Count
    Not available
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Funding Insights of SustLabs

SustLabs has successfully raised a total of $2.15M across 14 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in April 2025. 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 SustLabs

SustLabs has secured backing from 48 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Oracle, 100Unicorns and Panasonic Ignition.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
A startup accelerator offering funding and support to early-stage companies.
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Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
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Investor details for SustLabs

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Investments & Acquisitions by SustLabs

Investments
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Investment portfolio details for SustLabs

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Financial Statements - SustLabs

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Detailed financials for SustLabs

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Sustlabs Comparisons

SustLabs Primary company
Description
Provider of IoT-based energy consumption monitoring solution...
Location
Mumbai, India
Founded Year
2016
Annual Revenue
$96.87 K (USD)
Net Profit
-$271.44 K (USD)
EBITDA
-$308.41 K (USD)
Employees
Not available
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Peer comparison for SustLabs

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Competitors of SustLabs

SustLabs 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 ecobee, Particle, Signify, Landis+Gyr and Tibber, among others.

Company Name Domain Founded year HQ Location Description
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Provider of smart thermostats for commercial and residential applications
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Provider of solutions for energy monitoring for residential building
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Energy efficiency and smart grid management solutions
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Detailed competitors of SustLabs

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Latest news on Sustlabs

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Complete news archive for SustLabs

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Frequently Asked Questions about SustLabs

SustLabs was founded in 2016 and raised its 1st funding round 1 year after it was founded.

SustLabs is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Kaushik Bose is the current CEO of SustLabs. They have also founded this company.

SustLabs is a funded company, having raised a total of $2.15M across 14 funding rounds to date.

Annual revenue of SustLabs is $96.87K as on Mar 31, 2023.

SustLabs was founded in 2016 in Mumbai, India, as a provider of IoT-based energy monitoring solutions. Operations focus on the sustainability sector, where real-time insights into consumption patterns are delivered through the Ohm product. Energy usage is tracked and optimized for households, small offices, and businesses, supporting informed management decisions across these segments.

SustLabs's top competitors include ecobee, Particle and Landis+Gyr.

SustLabs has 48 investors. Key investors include Oracle, 100Unicorns, Panasonic Ignition, RamaKrishna K V, and Thankamma Cherian.

The valuation of SustLabs is $2.15M as of Jan 2021.

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