About WEGoT
WEGoT is an Environment company based in Chennai (India) founded in 2015 by Abilash Haridass and Vijay Krishna. It operates as a smart water management solutions are provided for buildings. It operates on a Product-as-a-Service model. WEGoT has raised $5.02 million across 8 funding rounds from investors including Angel List, BlackSoil and Brigade Group. The company has 126 employees. WEGoT was last valued at $29.77 million in August 2023. Its chief executive is Abilash Haridass. Its Indian entity Wegot Utility Solutions Private Limited reported revenue of ₹13.95 Cr. WEGoT offers products and services including WEGoT Aqua. Its focus areas include Technology, IoT Solutions and Smart Water Management. Its competitors include Badger Meter, Subeca, Energy Assets, CityTaps and Neptune Technology Group and 1 more; 3 of its 6 listed competitors have raised funding.
Company details
Smart water management systems are developed by WEGoT for residential, commercial, and industrial buildings. IoT-enabled ultrasonic sensors and applications are utilized to monitor water usage in real-time. Water conservation is facilitated through leakage alerts and analytics. Sustainable water practices are supported across various sectors.
- Headquarters Chennai, India
- Employees 126
- Founders Abilash Haridass, Vijay Krishna
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Website wegot.in
- Social LinkedIn X Facebook
- Legal Name Wegot Utility Solutions Pvt Ltd
- Date of Incorporation 01 Apr, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹13.95 Cr
FY 2024 · -4% YoY
- Net Loss-₹7.36 Cr
FY 2024 · -53% margin
- EBITDA-₹3.13 Cr
FY 2024 · -22% margin
- Total Equity Funding$5.02M (USD)
in 8 rounds
- Latest Funding Round$45.32K (USD), Seed
Aug 2023
- InvestorsAngel List
& 25 more
- Employee Count126
Associated legal entities of WEGoT
WEGoT operates through Wegot Utility Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wegot Utility Solutions Private Limited CIN U31401TN2015PTC099911 | Active | 01 Apr 2015 | Chennai, Tamil Nadu | ₹13.9 Cr | 126 | 3 | View details |
Products & Services of WEGoT
WEGoT offers a comprehensive portfolio of products and services, including WEGoT Aqua.
IoT-enabled system for real-time water usage monitoring.
Funding Insights of WEGoT
WEGoT has successfully raised a total of $5.02M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $45.32 thousand completed in August 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.
- Total Funding $5.02M
- Total Rounds 8
- Last Round Seed — $45,323
- First Round $57,882
(Apr 2017)
- Investors Count 26
All 8 funding rounds of WEGoT 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 |
|---|---|---|---|---|---|
| Aug 2023 | $45,323 | Seed | $29.77M | BlackSoil | – |
| Sep 2022 | $238,306 | Seed | $15.22M | Angel List, Good Capital | – |
| Dec 2021 | $1.5M | Seed | $••••• | Gruhas, Apollo Infrastructure Projects Finance Company | |
| Jun 2021 | – | Angel Round | – | – | – |
| Jan 2021 | $1.18M | Seed | $••••• | Rajat Fiscal Services, Razack Family Trust | |
| Sep 2019 | $2M | Seed | $••••• | Gofrugal, Shyam Shekar | |
| Feb 2019 | – | Grant | – | – | |
| Apr 2017 | $57,882 | Angel Round | $••••• | Selvakumar AB, Selvakumar AB |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2023 | $29.77M | •••••••• |
| Sep 2022 | $15.22M | •••••••• |
| Dec 2021 | $••••• | •••••••• |
| Jan 2021 | $••••• | •••••••• |
| Sep 2019 | $••••• | •••••••• |
Full valuation and stage history of WEGoT
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $29.77M (Aug 2023). 26 investors in total: 15 institutional and 11 angel.
Investors in WEGoT
WEGoT has secured backing from 26 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, BlackSoil and Brigade Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed to series A startups receive investments from Good Capital. | – | goodcapital.vc | Delhi, India | |
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | gruhas.com | Bengaluru, India | |
Venture capital firm focused on early-stage investments | – | kvnenterprise.tcc.mode | Bengaluru, India | |
Single-family office and venture capital firm focused on startups | – | dlffamilyoffice.tcc.mode | Delhi, India | |
Urban Tech accelerator programme focusing on sustainable innovations. | 2016 | brigadereap.com | Bengaluru, India | |
Promotion of innovation and digital services in Maharashtra. | 2017 | msins.in | Mumbai, India | |
Private debt is provided to growth-stage companies by BlackSoil. | 2010 | blacksoil.co.in | Mumbai, India | |
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
Invests in affordable housing projects through real estate funds in India. | 2015 | hdfccapital.com | Mumbai, India | |
Infrastructure fund focused on water management investments | – | apolloinfrastructureprojectsfinance.tcc.mode | - |
Investor details for WEGoT
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Wegot Utility Solutions Private Limited (WEGoT)
Wegot Utility Solutions Private Limited is the primary company behind WEGoT. The board of Wegot Utility Solutions Private Limited currently have 3 directors; the longest-serving is Santhanaraman Vijaykrishna, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Santhanaraman Vijaykrishna DIN 01349993 | Whole-time director | 01 Apr 2015 | 11 yrs 6 mo | Wegot Utility Solutions Private Limited |
| Abilash Haridass DIN 02562061 | Director | 29 Jul 2015 | 11 yrs 2 mo | Wegot Utility Solutions Private Limited |
| Selvakumar Ayapakkam Balakumar DIN 07339949 | Director | 21 Jul 2017 | 9 yrs 3 mo | Wegot Utility Solutions Private Limited |
People of WEGoT
12 people are tracked at WEGoT (5 in leadership, 7 in team); the tracked headcount is 126.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Co-CEO | Leadership | |
Vijay Krishna | Co-Founder & Co-CEO | Leadership |
Sirisha Sumanth | COO | Leadership |
Balaji Govindaswamy | Product Head - Hardware | Leadership |
Sanjith Wilson Dass | Regional Head - Sales | Leadership |
Midhun Baijunath | Process and Planning Manager | Team |
Balaji S | Project Manager | Team |
SATHISH RAJA | Customer Service Team Lead | Team |
Jayashankar K | Operations Project Coordinator | Team |
Divya Gunasekaran | Customer Support Manager | Team |
Ragavi S. | Customer Success Manager | Team |
SB RAVAN BRAHMMHA | Assistant Manager | Team |
Complete people profiles for WEGoT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of WEGoT
Figures of Wegot Utility Solutions Private Limited, the primary company behind WEGoT, for FY 2024. Revenue was ₹13.95 Cr (-4% year on year). Net loss was -₹7.36 Cr (-53% margin). EBITDA was -₹3.13 Cr (-22% margin). Revenue has grown at a compounded annual rate of +27% over three years and +18% over five years.
- ₹13.95 CrRevenue · FY 2024 · -4% YoY
- -₹7.36 CrNet loss · -53% margin
- -₹3.13 CrEBITDA · -22% margin
- ₹42 LakhPaid-up capital
- 126Employees (provident fund records)
- +27%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wegot Utility Solutions Private Limited are on its company page.
Detailed financial statements for WEGoT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of WEGoT
4 dated milestones of WEGoT across 8 years, from founding to its latest funding, stage changes and deals.
- Founded WEGoT is founded.
- Funding First funding round of $58K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $45K.
Competitors of WEGoT
WEGoT has 6 listed competitors in our database, 3 of them funded. They include Badger Meter, Subeca, Energy Assets, CityTaps and Neptune Technology Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| badgermeter.com | 1905 | Milwaukee, United States | – | 874 | IoT-based water management solutions are provided for smart buildings. | |
| subeca.com | 2008 | Dallas, United States | $10.13M | – | Provider of cloud-based dual-network meters for water flow monitoring and leak detection | |
| energyassets.co.uk | 2005 | Livingston, United Kingdom | – | 6 | AI and web-based smart metering systems are provided. | |
| citytaps.org | 2014 | Paris, France | $440,000 | – | Pay-as-you-go water meters are provided for prepaid home usage. | |
| neptunetg.com | 1892 | Tallassee, United States | – | – | Advanced water metering and infrastructure technologies are provided for utilities. | |
| notationlabs.io | 2020 | Scottsdale, United States | $4.5M | – | Provider of smart water conservation products |
Detailed competitors of WEGoT
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of WEGoT
The website of WEGoT (wegot.in) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 28.3% vs previous month
Top companies in Waste & Water Management Systems
10 companies that operate in the same segment as WEGoT (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Complete news archive for WEGoT
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Frequently Asked Questions about WEGoT
WEGoT was founded in 2015 and raised its 1st funding round 2 years after it was founded.
WEGoT is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Abilash Haridass is the current CEO of WEGoT. They have also founded this company.
WEGoT is a funded company, having raised a total of $5.02M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $57.88K, raised on Apr 2017.
WEGoT has 126 employees.
The primary company behind WEGoT, Wegot Utility Solutions Private Limited, reported revenue of ₹13.95 Cr for FY 2024, down 4% year on year.
Smart water management systems are developed by WEGoT for residential, commercial, and industrial buildings. IoT-enabled ultrasonic sensors and applications are utilized to monitor water usage in real-time. Water conservation is facilitated through leakage alerts and analytics. Sustainable water practices are supported across various sectors.
WEGoT's top competitors include Badger Meter, Notation Labs and Neptune Technology Group.
WEGoT offers WEGoT Aqua.
WEGoT has 26 investors. Key investors include Angel List, BlackSoil, Brigade Group, HDFC Capital, and Brigade REAP.
The valuation of WEGoT is $29.77M as of Aug 2023.
WEGoT operates through Wegot Utility Solutions Private Limited.