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. ThingsCloud operates in a competitive market with competitors including SolarEdge, Enphase Energy, Particle, Signify and Landis+Gyr, among others.
- Headquarter Bengaluru, India
- Employees 2
- Founders Anusheel Nahar, Amruth Puttappa
- Stage Minicorn
- SectorsTechnologyEnergy & Utilities Business Services Real Estate & Construction
- Email••••••••
- Website thethingscloud.com
- Social LinkedIn X Facebook
- Legal Name Thingscloud Technologies Private Limited
- Date of Incorporation 09 Jul, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹25.9 Lakh
FY 2023 · -88% YoY
- Net Loss-₹55.1 Lakh
FY 2023 · -213% margin
- EBITDA-₹53.1 Lakh
FY 2023 · -205% margin
- Total Equity Funding$891.03K (USD)
in 2 rounds
- Latest Funding Round$372.83K (USD), Seed
Feb 2022
- InvestorsLivguard
& 1 more
- Employee Count2
Associated legal entities of ThingsCloud
ThingsCloud is associated with 2 registered companies on The Company Check; the primary company is Thingscloud Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Thingscloud Technologies Private Limited CIN U46909HR2015PTC131459 | Active | 09 Jul 2015 | – | ₹0.3 Cr | 2 | 2 | View details |
| Thingscloud Technologies Private Limited CIN U46909KA2015PTC081483 | – | 09 Jul 2015 | Bangalore, Karnataka, India | – | – | – | View details |
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 $891,034
- Total Rounds 2
- Last Round Seed — $372,828
- First Round $518,206
(Jun 2017)
- Investors Count 2
All 2 funding rounds of ThingsCloud 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 |
|---|---|---|---|---|---|
| Feb 2022 | $372,828 | Seed | $2.57M | Livguard | – |
| Jun 2017 | $518,206 | Seed | $1.8M | Sanctity Industries | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $2.57M | •••••••• |
| Jun 2017 | $1.8M | •••••••• |
Last known valuation $2.57M (Feb 2022). 2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
- | – | sanctityindustries.tcc.mode | - | |
Automotive batteries and solar products are manufactured by Livguard. | 2014 | livguard.com | Gurugram, India |
Investor details for ThingsCloud
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 Thingscloud Technologies Private Limited (ThingsCloud)
Thingscloud Technologies Private Limited is the primary company behind ThingsCloud. The board of Thingscloud Technologies Private Limited currently have 2 directors; the longest-serving is Richie Saraswat, appointed in 2022. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Richie Saraswat DIN 07242035 | Director | 30 Sep 2022 | 4 yrs | Thingscloud Technologies Private Limited |
| Ajay Kumar Goswami DIN 03058948 | Director | 04 Sep 2025 | 1 yr 1 mo | Thingscloud Technologies Private Limited |
People of ThingsCloud
3 people are tracked at ThingsCloud (3 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
| – | Leadership |
Complete people profiles for ThingsCloud
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 ThingsCloud
Figures of Thingscloud Technologies Private Limited, the primary company behind ThingsCloud, for FY 2023. Revenue was ₹25.9 Lakh (-88% year on year). Net loss was -₹55.1 Lakh (-213% margin). EBITDA was -₹53.1 Lakh (-205% margin). Revenue has grown at a compounded annual rate of -41% over three years and -33% over five years.
- ₹25.9 LakhRevenue · FY 2023 · -88% YoY
- -₹55.1 LakhNet loss · -213% margin
- -₹53.1 LakhEBITDA · -205% margin
- ₹1.8 LakhPaid-up capital
- 2Employees (provident fund records)
- -41%Revenue CAGR, 3 years
- -33%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Thingscloud Technologies Private Limited are on its company page.
Detailed financial statements for ThingsCloud
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.
Timeline of ThingsCloud
4 dated milestones of ThingsCloud across 8 years, from founding to its latest funding, stage changes and deals.
- Founded ThingsCloud is founded.
- Funding First funding round of $518K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $373K.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solaredge.com | 2006 | Herzliya, Israel | $96.8M | – | Manufacturer of smart solar inverters | |
| enphase.com | 2006 | Fremont, United States | $100.07M | 1,481 | Micro-inverters and energy storage systems are manufactured for solar applications. | |
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| signify.com | 1891 | Eindhoven, Netherlands | – | – | Signify is recognized as a global leader in lighting solutions. | |
| landisgyr.com | 1896 | Zug, Switzerland | $1.03B | 996 | End-to-end energy management solutions are provided for utilities worldwide. | |
| tibber.com | 2016 | Stockholm, Sweden | $177M | 61 | Provider of solutions for energy monitoring for residential building | |
| powersecure.com | 1991 | Wake Forest, United States | – | 1,030 | Energy efficiency and smart grid management solutions | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| osram.com | 1919 | Munich, Germany | – | 13 | Automotive lighting equipment is manufactured by Osram in Germany. |
Detailed competitors of ThingsCloud
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Thingscloud
Complete news archive for ThingsCloud
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to ThingsCloud
10 companies that operate in the same segment as ThingsCloud (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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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 2017.
ThingsCloud has 2 employees.
The primary company behind ThingsCloud, Thingscloud Technologies Private Limited, reported revenue of ₹25.9 Lakh for FY 2023, down 88% year on year.
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.
ThingsCloud operates through Thingscloud Technologies Private Limited.
The legal entities of ThingsCloud currently have 2 directors, including Richie Saraswat, Ajay Kumar Goswami.