About Tvarit
Tvarit is a company based in Frankfurt Am Main (Germany) founded in 2009 by Rahul Prajapat. Tvarit has raised $12.39 million across 2 funding rounds from investors including Futury, Momenta and 4impact. The company has 24 employees as of April 07, 2024. Tvarit offers products and services including TiA for Process Industries and Prescriptive Quality Module.
- Headquarter Frankfurt Am Main, Germany
- Employees 24 as on 07 Apr, 2024
- Founders Rahul Prajapat
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Sectors
Industrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Tvarit Solutions Private Limited
- Date of Incorporation 24 Nov, 2010
- Jurisdiction Vadodara, Gujarat, India
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Annual Revenue
$765.25 K (USD)0as on Mar 31, 2023
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Net Profit
$72.5 K (USD)81861.75as on Mar 31, 2023
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EBITDA
$112.06 K (USD)3159571.63as on Mar 31, 2023
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Total Equity Funding
$12.39 M (USD)
in 2 rounds
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Latest Funding Round
$6.88 M (USD), Series A
Oct 31, 2023
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Investors
Futury
& 4 more
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Employee Count
24
as on Apr 07, 2024
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Products & Services of Tvarit
Tvarit offers a comprehensive portfolio of products and services, including TiA for Process Industries and Prescriptive Quality Module.
AI solutions for process industries are provided to achieve energy-efficient and zero-waste production in manufacturing
Quality management tools are offered to reduce defects and improve yield in industrial processes
People of Tvarit
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Funding Insights of Tvarit
Tvarit has successfully raised a total of $12.39M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.88 million completed in October 2023. 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 Tvarit
Tvarit has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Futury, Momenta and 4impact.
| Investor | Description | Founded Year | Domain | Location |
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Industrial impact investments are driven by Momenta in critical sectors.
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Venture capital investments are made in European tech4good startups.
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Matterwave Ventures is focused on funding early-stage industrial tech companies.
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Investor details for Tvarit
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Investments & Acquisitions by Tvarit
Investment portfolio details for Tvarit
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Financial Statements - Tvarit
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Tvarit Comparisons
Peer comparison for Tvarit
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Competitors of Tvarit
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Latest news on Tvarit
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Frequently Asked Questions about Tvarit
Tvarit was founded in 2009 and raised its 1st funding round 14 years after it was founded.
Tvarit is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.
Tvarit is a funded company, having raised a total of $12.39M across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Tvarit is 24.
Annual revenue of Tvarit is $765.25K as on Mar 31, 2023.
Tvarit was established in 2009 and is based in Frankfurt Am Main, Germany. Software solutions in data science and artificial intelligence are delivered to support discrete and process manufacturing sectors. Core operations involve analytics tools designed for industrial efficiency and decision-making. The company was co-founded by Rahul Prajapat, with services targeted at global manufacturing clients.
Tvarit offers TiA for Process Industries and Prescriptive Quality Module.
Tvarit has 5 investors. Key investors include Futury, Momenta, 4impact, Matterwave Ventures, and Futury Capital.