About Trillbit
Trillbit is a company based in Bengaluru (India) founded in 2016 by Shashikant Burnwal, Bhaskar Deo, and Mrigesh Parashar. Trillbit has raised $1.74 million across 4 funding rounds from investors including Western Union, Good Growth Capital and Refex Capital. The company has 1 employees as of December 31, 2024. Trillbit offers products and services including TrillBit SDK, Trill Auth, and Trill IoT. Trillbit operates in a competitive market with competitors including HiveMQ, Real-Time Innovations, Zerynth, Cybus and ProSyst, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 31 Dec, 2024
- Founders Shashikant Burnwal, Bhaskar Deo, Mrigesh Parashar
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Trillbit Inc
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Annual Revenue
$125.43 (USD)-100as on Mar 31, 2021
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Net Profit
-$5.57 K (USD)-125as on Mar 31, 2022
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EBITDA
-$5.57 K (USD)-129as on Mar 31, 2022
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Total Equity Funding
$1.74 M (USD)
in 4 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Sep 07, 2021
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Investors
Western Union
& 14 more
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Employee Count
1
as on Dec 31, 2024
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Products & Services of Trillbit
Trillbit offers a comprehensive portfolio of products and services, including TrillBit SDK, Trill Auth, and Trill IoT.
Enables secure data transfer via sound for integration in apps.
Facilitates contactless user verification using sound waves.
Simplifies device setup and troubleshooting with sound technology.
People of Trillbit
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Funding Insights of Trillbit
Trillbit has successfully raised a total of $1.74M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in September 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.
Investors in Trillbit
Trillbit has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Western Union, Good Growth Capital and Refex Capital.
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Early-stage venture capital fund investing in innovative startups.
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Early-stage investments are made in life sciences and technologies.
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Early-stage tech startups are supported via venture capital and acceleration.
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Investor details for Trillbit
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Investments & Acquisitions by Trillbit
Investment portfolio details for Trillbit
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Financial Statements - Trillbit
Detailed financials for Trillbit
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Trillbit Comparisons
Peer comparison for Trillbit
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Competitors of Trillbit
Trillbit 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 HiveMQ, Real-Time Innovations, Zerynth, Cybus and ProSyst, among others.
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MQTT-based platform for bi-directional IoT data flow is provided.
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IoT connectivity platform for real-time device communication is provided.
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Middleware for IoT devices is supplied to enable connected solutions.
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Data acquisition and protocol interoperability in industrial settings are facilitated.
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IoT middleware software is developed using OSGi and Java technologies.
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Detailed competitors of Trillbit
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Latest news on Trillbit
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Frequently Asked Questions about Trillbit
Trillbit was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Trillbit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bhaskar Deo is the current CEO of Trillbit. They have also founded this company.
Trillbit is a funded company, having raised a total of $1.74M across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Trillbit is 1.
Annual revenue of Trillbit is $125.43 as on Mar 31, 2021.
Trillbit was founded in 2016 in Bengaluru, India, and operates in the IoT sector. Middleware technology is developed to encode and transmit data through ultrasonic pulses, utilizing existing speakers and microphones on smartphones without additional hardware. Compatibility across all platforms is supported. Applications are targeted in retail, broadcasting, live events, user authentication, secure payments, smart cities, and broader IoT uses.
Trillbit's top competitors include HiveMQ, Real-Time Innovations and Zerynth.
Trillbit offers TrillBit SDK, Trill Auth, and Trill IoT.
Trillbit has 15 investors. Key investors include Western Union, Good Growth Capital, Refex Capital, Amit Sareen, and Bhavesh Pujara.
The valuation of Trillbit is $291.21K as of May 2018.