About Thermistance
Thermistance is a company based in Pune (India) founded in 2020 by Bhimashankar Wangaskar. It operates as a B2B. Thermistance has raised $507.38 thousand across 2 funding rounds from investors including Spectrum Impact, IRMA and Alexander Hogeveen Rutter. The company has 1 employees as of March 31, 2022. Thermistance operates in a competitive market with competitors including Celsia, among others.
- Headquarter Pune, India
- Employees 1 as on 31 Mar, 2022
- Founders Bhimashankar Wangaskar
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Sectors
Technology
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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 Thermistance Technologies Private Limited
- Date of Incorporation 24 May, 2020
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2022
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Net Profit
$-282.7 (USD)44.96as on Mar 31, 2022
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EBITDA
$-222.6 (USD)56.66as on Mar 31, 2022
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Total Equity Funding
$507.38 K (USD)
in 2 rounds
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Latest Funding Round
$476.84 K (USD), Seed
Aug 02, 2024
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Investors
Spectrum Impact
& 5 more
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Employee Count
1
as on Mar 31, 2022
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Funding Insights of Thermistance
Thermistance has successfully raised a total of $507.38K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $476.84 thousand completed in August 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 2
- Last Round Seed — $476,843
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First Round
First Round
(21 Nov 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Thermistance | Valuation | Spectrum Impact | |
| Nov, 2022 | Amount | Angel Round - Thermistance | 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 Thermistance
Thermistance has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Spectrum Impact, IRMA and Alexander Hogeveen Rutter. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 Thermistance
| 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 - Thermistance
| 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 |
Thermistance Comparisons
Competitors of Thermistance
Thermistance 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 Celsia, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Celsia Inc. is engaged in manufacturing custom heat sinks.
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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 Thermistance
When was Thermistance founded?
Thermistance was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Thermistance located?
Thermistance is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Thermistance?
Bhimashankar Wangaskar is the current CEO of Thermistance. They have also founded this company.
Is Thermistance a funded company?
Thermistance is a funded company, having raised a total of $507.38K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $30.54K, raised on Nov 21, 2022.
How many employees does Thermistance have?
As of Mar 31, 2022, the latest employee count at Thermistance is 1.
What does Thermistance do?
Thermistance operates with a B2B model, focusing on leveraging cutting-edge technology, electronics, thermal management, and cooling solutions. Offers miniature loop heat pipe technology for electronic cooling solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Thermistance?
Thermistance's top competitors include Celsia.
Who are Thermistance's investors?
Thermistance has 6 investors. Key investors include Spectrum Impact, IRMA, Alexander Hogeveen Rutter, Manoj Meena, and Mridula Ramesh.