About ThingsCloud
ThingsCloud is a company based in Bengaluru (India) founded in 2014 by Anusheel Nahar and Amruth Puttappa. ThingsCloud has raised $891.03 thousand across 2 funding rounds from investors including Livguard and Sanctity Industries. The company has 2 employees as of March 22, 2024. ThingsCloud operates in a competitive market with competitors including SolarEdge, Enphase Energy, Particle, Signify and Landis+Gyr, among others.
- Headquarter Bengaluru, India
- Employees 2 as on 22 Mar, 2024
- Founders Anusheel Nahar, Amruth Puttappa
- Stage Minicorn
-
Sectors
TechnologyEnergy & Utilities Business Services Real Estate & Construction
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Thingscloud Technologies Private Limited
- Date of Incorporation 09 Jul, 2015
- Jurisdiction Bangaluru, Karnataka, India
-
Annual Revenue
$255.57 K (USD)-42.12as on Mar 31, 2022
-
Net Profit
$134.92 K (USD)156.58as on Mar 31, 2022
-
EBITDA
$106.89 K (USD)729.62as on Mar 31, 2022
-
Total Equity Funding
$891.03 K (USD)
in 2 rounds
-
Latest Funding Round
$372.83 K (USD), Seed
Feb 17, 2022
-
Investors
Livguard
& 1 more
-
Employee Count
2
as on Mar 22, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of ThingsCloud
ThingsCloud has successfully raised a total of $891.03K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $372.83 thousand completed in February 2022. 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 — $372,828
-
First Round
First Round
(23 Jun 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - ThingsCloud | Valuation | Livguard |
|
| Jun, 2017 | Amount | Seed - ThingsCloud | Valuation | Sanctity Industries |
|
Investors in ThingsCloud
ThingsCloud has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Livguard and Sanctity Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Automotive batteries and solar products are manufactured by Livguard.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ThingsCloud
Financial Statements - ThingsCloud
Thingscloud Comparisons
Competitors of ThingsCloud
ThingsCloud 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 SolarEdge, Enphase Energy, Particle, Signify and Landis+Gyr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of smart solar inverters
|
|
| domain | founded_year | HQ Location |
Micro-inverters and energy storage systems are manufactured for solar applications.
|
|
| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
|
|
| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
|
|
| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
|
|
| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
|
Latest news on Thingscloud
Frequently Asked Questions about ThingsCloud
ThingsCloud was founded in 2014 and raised its 1st funding round 3 years after it was founded.
ThingsCloud is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Amruth Puttappa is the current CEO of ThingsCloud. They have also founded this company.
ThingsCloud is a funded company, having raised a total of $891.03K across 2 funding rounds to date. The company's 1st funding round was a Seed of $518.21K, raised on Jun 23, 2017.
As of Mar 22, 2024, the latest employee count at ThingsCloud is 2.
Annual revenue of ThingsCloud is $255.57K as on Mar 31, 2022.
ThingsCloud was founded in 2014 in Bengaluru, India, as a provider of AI and SaaS-based building energy management systems within the clean tech sector. Devices for monitoring energy consumption in homes and workplaces are offered, along with solar grid tie inverters that connect rooftop solar PV systems to the grid. Operations focus on electronics and platforms that support energy efficiency in commercial and residential settings.
ThingsCloud's top competitors include SolarEdge, Particle and Landis+Gyr.
ThingsCloud has 2 investors. Key investors include Livguard, and Sanctity Industries.
The valuation of ThingsCloud is $2.57M as of Feb 2022.