About Symboticware
Symboticware is a company based in Greater Sudbury (Canada) founded in 2008.. Symboticware has raised $2.22 million across 1 funding round from investors including GreenSky Ventures, MaRS IAF and Celtic House Asia Partners. Symboticware has completed 1 acquisition, including Palifer. Symboticware offers products and services including X.Machines and X.Parts.
- Headquarter Greater Sudbury, Canada
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Sectors
Natural Resources
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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 Symboticware Ai Private Limited
- Date of Incorporation 28 Aug, 2023
- Jurisdiction Dlf Qe, Haryana, India
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Annual Revenue
$69.03 K (USD)0as on Mar 31, 2024
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Net Profit
$10.09 K (USD)0as on Mar 31, 2024
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EBITDA
$44.52 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$2.22 M (USD)
in 1 rounds
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Latest Funding Round
$2.22 M (USD), Seed
Aug 18, 2021
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Investors
GreenSky Ventures
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Symboticware
Symboticware offers a comprehensive portfolio of products and services, including X.Machines and X.Parts. 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.
Data is captured, tracked, and analyzed by X.Machines to avoid downtime and minimize fuel use, with features that enhance safety and reduce environmental impact.
Maintenance costs and survivability are analyzed by X.Parts using natural language processing to predict equipment lifetimes and enable proactive maintenance strategies.
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Funding Insights of Symboticware
Symboticware has successfully raised a total of $2.22M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.22 million completed in August 2021. 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 1
- Last Round Seed — $2.2M
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First Round
First Round
(18 Aug 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Symboticware | Valuation | GreenSky |
| 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 Symboticware
Symboticware has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include GreenSky Ventures, MaRS IAF and Celtic House Asia Partners. 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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Early stage Canadian B2B startups are funded by GreenSky Ventures.
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Founded Year | Domain | Location | |
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Early-stage technology startups are supported through investments by MaRS IAF.
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Founded Year | Domain | Location | |
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Venture capital funding is directed toward multiple 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 Symboticware
Symboticware has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Palifer. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Diseases are predicted and prevented via AI-driven app questionnaires.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Symboticware
| 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 |
Symboticware Comparisons
Competitors of Symboticware
| 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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Frequently Asked Questions about Symboticware
When was Symboticware founded?
Symboticware was founded in 2008 and raised its 1st funding round 13 years after it was founded.
Where is Symboticware located?
Symboticware is headquartered in Greater Sudbury, Canada. It is registered at Greater Sudbury, Ontario, Canada.
Is Symboticware a funded company?
Symboticware is a funded company, having raised a total of $2.22M across 1 funding round to date. The company's 1st funding round was a Seed of $2.22M, raised on Aug 18, 2021.
What is the annual revenue of Symboticware?
Annual revenue of Symboticware is $69.03K as on Mar 31, 2024.
What does Symboticware do?
Symboticware was founded in 2008 and is based in Greater Sudbury, Canada. Asset management solutions are delivered to the mining sector, encompassing end-to-end management systems, speed monitoring for equipment, and reliability enhancements for assets. Operations focus on integrating these tools to support industrial efficiency in mining environments across relevant geographies.
What products or services does Symboticware offer?
Symboticware offers X.Machines and X.Parts.
How many acquisitions has Symboticware made?
Symboticware has made 1 acquisition, including Palifer.
Who are Symboticware's investors?
Symboticware has 3 investors. Key investors include GreenSky Ventures, MaRS IAF, and Celtic House Asia Partners.
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