About WEGoT
WEGoT is a company based in Chennai (India) founded in 2015 by Abilash Haridass and Vijay Krishna. It operates as a Product-as-a-Service. WEGoT has raised $5.02 million across 8 funding rounds from investors including Angel List, BlackSoil and Brigade Group. The company has 126 employees as of April 05, 2024. WEGoT offers products and services including WEGoT Aqua. WEGoT operates in a competitive market with competitors including Badger Meter, Subeca, Energy Assets, CityTaps and Neptune Technology Group, among others.
- Headquarter Chennai, India
- Employees 126 as on 05 Apr, 2024
- Founders Abilash Haridass, Vijay Krishna
- Stage Minicorn
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Wegot Utility Solutions Pvt Ltd
- Date of Incorporation 01 Apr, 2015
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$1.75 M (USD)42.57as on Mar 31, 2023
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Net Profit
-$932.99 K (USD)-15.05as on Mar 31, 2023
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EBITDA
-$551.48 K (USD)1.52as on Mar 31, 2023
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Total Equity Funding
$5.02 M (USD)
in 8 rounds
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Latest Funding Round
$45.32 K (USD), Seed
Aug 24, 2023
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Investors
Angel List
& 25 more
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Employee Count
126
as on Apr 05, 2024
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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.
People of WEGoT
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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.
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.
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Seed to series A startups receive investments from Good Capital.
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Venture capital firm investing in technology-driven innovations and partnerships in India.
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Venture capital firm focused on early-stage investments
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Investor details for WEGoT
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Investments & Acquisitions by WEGoT
Investment portfolio details for WEGoT
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Financial Statements - WEGoT
Detailed financials for WEGoT
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Wegot Comparisons
Peer comparison for WEGoT
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Competitors of WEGoT
WEGoT 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 Badger Meter, Subeca, Energy Assets, CityTaps and Neptune Technology Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT-based water management solutions are provided for smart buildings.
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Provider of cloud-based dual-network meters for water flow monitoring and leak detection
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AI and web-based smart metering systems are provided.
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Pay-as-you-go water meters are provided for prepaid home usage.
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Advanced water metering and infrastructure technologies are provided for utilities.
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Detailed competitors of WEGoT
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Latest news on Wegot
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.
As of Apr 05, 2024, the latest employee count at WEGoT is 126.
Annual revenue of WEGoT is $1.75M as on Mar 31, 2023.
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.