About Symboticware
Symboticware is a Natural Resources company based in Greater Sudbury (Canada) founded in 2008. Asset management solutions are provided for the mining industry. 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. Its Indian entity Symboticware Ai Private Limited reported revenue of ₹59.1 Lakh. Symboticware offers products and services including X.Machines and X.Parts. Its focus areas include Enterprise Applications, Mining Tech, Operations and Asset Management.
Company details
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.
- Headquarters Greater Sudbury, Canada
- SectorsNatural Resources
- Email••••••••
- Phone•••• ••••
- Website symboticware.com
- Social LinkedIn X Facebook YouTube
- Legal Name Symboticware Ai Private Limited
- Date of Incorporation 28 Aug, 2023
- Jurisdiction Gurgaon, Haryana, India
- Indian entity revenue₹59.1 Lakh
FY 2024
- Indian entity net profit₹8.6 Lakh
FY 2024 · 15% margin
- Indian entity EBITDA₹38.1 Lakh
FY 2024 · 64% margin
- Total Equity Funding$2.22M (USD)
in 1 rounds
- Latest Funding Round$2.22M (USD), Seed
Aug 2021
- InvestorsGreenSky Ventures
& 2 more
- Investments & Acquisitions
Associated legal entities of Symboticware
Symboticware operates through Symboticware Ai Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Symboticware Ai Private Limited CIN U62099HR2023FTC114510 | Active | 28 Aug 2023 | Gurgaon, Haryana | ₹0.6 Cr | 2 | 2 | View details |
Products & Services of Symboticware
Symboticware offers a comprehensive portfolio of products and services, including X.Machines and X.Parts.
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.
Apps and channels of Symboticware
its YouTube channel SYMX-AI has 64 subscribers and 25 videos.
Videos from Symboticware
The most watched videos on Symboticware's YouTube channel, SYMX-AI (64 subscribers). Click a video to play it here.
More on SYMX-AI.
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 $2.22M
- Total Rounds 1
- Last Round Seed — $2.22M
- First Round $2.22M
(Aug 2021)
- Investors Count 3
All 1 funding rounds of Symboticware 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 2021 | $2.22M | Seed | – | GreenSky |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early stage Canadian B2B startups are funded by GreenSky Ventures. | 2015 | greensky.vc | Toronto, Canada | |
Early-stage technology startups are supported through investments by MaRS IAF. | marsiaf.com | Canada | ||
Venture capital funding is directed toward multiple sectors. | celticvc.com | Fremont, United States |
Investor details for Symboticware
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 Symboticware Ai Private Limited (Symboticware)
Symboticware Ai Private Limited is the primary company behind Symboticware. The board of Symboticware Ai Private Limited currently have 2 directors; the longest-serving is Saikat Prabhakar, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saikat Prabhakar DIN 10297236 | Nominee Director | 28 Aug 2023 | 3 yrs 1 mo | Symboticware Ai Private Limited |
| Ashutosh Agarwal DIN 10297237 | Nominee Director | 28 Aug 2023 | 3 yrs 1 mo | Symboticware Ai Private Limited |
People of Symboticware
12 people are tracked at Symboticware (3 in leadership, 6 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Bashir Chalabi | Director, Marketing & Corporate Communications | Leadership |
Ash Agarwal | President & CEO | Leadership |
| Vp, India Operations / Sr. Director Engineering | Leadership | |
Kirk G Petroski | Founder & Chairman | Board & advisors |
Anna Christine Sgro | Advisor | Board & advisors |
Peter Bryant | Advisor | Board & advisors |
Matthew Pickard | Advisor | Board & advisors |
Kurtis McBride | Board Member | Board & advisors |
John Carpenter | Advisor | Board & advisors |
Kevin Kim | Full Stack Developer | Team |
Ajaypal Sandhu | Product Manger - Hardware | Team |
Olusola Ajayi | Full-stack Developer | Team |
Complete people profiles for Symboticware
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 Symboticware
Figures of Symboticware Ai Private Limited, the primary company behind Symboticware, for FY 2024. Revenue was ₹59.1 Lakh. Net profit was ₹8.6 Lakh (15% margin). EBITDA was ₹38.1 Lakh (64% margin).
- ₹59.1 LakhRevenue · FY 2024
- ₹8.6 LakhNet profit · 15% margin
- ₹38.1 LakhEBITDA · 64% margin
- ₹10,000Paid-up capital
- 2Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Symboticware Ai Private Limited are on its company page.
Detailed financial statements for Symboticware
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.
Investments & Acquisitions by Symboticware
Symboticware has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Palifer.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Diseases are predicted and prevented via AI-driven app questionnaires. | palifer.com | Berkeley, United States | 2018 | Jun 2022 | •••• |
Complete acquisition details for Symboticware
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Symboticware
3 dated milestones of Symboticware across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Symboticware is founded.
- Funding First funding round of $2.2M.
- Acquisition Acquires Palifer.
Web traffic of Symboticware
Websites that share an audience with Symboticware (symboticware.com).
Websites whose visitors overlap most with Symboticware. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
google.com.br | google.com.br | 100% | #203 | – |
Top companies in Mining Tech
3 companies that operate in the same segment as Symboticware (Mining Tech) in Canada, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable lithium extraction is enabled by a proprietary process. | 2018 | Calgary, Alberta, Canada | USD 95.67 M | |||
Modular scalable lithium refining technology is developed for battery-grade production. | 2013 | Vancouver, British Columbia, Canada | USD 46.5 M | 13 | ||
Provider of metals for EV batteries | 2008 | Vancouver, British Columbia, Canada | USD 168.87 M | 47 |
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Frequently Asked Questions about Symboticware
Symboticware was founded in 2008 and raised its 1st funding round 13 years after it was founded.
Symboticware is headquartered in Greater Sudbury, Canada. It is registered at Greater Sudbury, Ontario, Canada.
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 2021.
The primary company behind Symboticware, Symboticware Ai Private Limited, reported revenue of ₹59.1 Lakh for FY 2024.
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.
Symboticware offers X.Machines and X.Parts.
Symboticware has made 1 acquisition, including Palifer.
Symboticware has 3 investors. Key investors include GreenSky Ventures, MaRS IAF, and Celtic House Asia Partners.
Symboticware operates through Symboticware Ai Private Limited.
The legal entities of Symboticware currently have 2 directors, including Saikat Prabhakar, Ashutosh Agarwal.