Ackcio - About the company
Ackcio is a series A company based in Singapore (Singapore), founded in 2016 by Nimantha Baranasuriya. It operates as a Provider of IoT-based geotechnical monitoring solutions for multiple industries. Ackcio has raised $3.51M in funding from investors like Entrepreneur First, Wavemaker Partners and Atlas Ventures. The company has 256 active competitors, including 23 funded and 26 that have exited. Its top competitors include companies like IDENTEC SOLUTIONS, Aeron Systems and Teltonika.
Company Details
Provider of IoT-based geotechnical monitoring solutions for multiple industries. The product offerings include Ackcio Beam, an automation solution to monitor geotechnical and structural sensors, the device connects to the nodes, collects data in real-time, uploads information to the cloud, and manages the data. The features of the product include remote monitoring, real-time decisions, risk management, productivity management, etc.
- Website
- ackcio.com
- Email ID
- *****@ackcio.com
- Registered Address
- 75 AYER RAJAH CRESCENT #03-01/02 SINGAPORE 139953
Key Metrics
Founded Year
2016
Location
Singapore, Singapore
Stage
Series A
Total Funding
$3.51M in 3 rounds
Latest Funding Round
Investors
Ranked
5th among 256 active competitors
Annual Revenue
SGD 0 - 1M as on Dec 31, 2020
Employee Count
15 as on Jun 30, 2026
Similar Companies
Legal entities associated with Ackcio
Ackcio is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Ackcio Pte Ltd CIN: 201634798H , Singapore, Active | Dec 31, 2015 | SGD 0 - 1M (As on Dec 31, 2020) | - |
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Ackcio's funding and investors
Ackcio has raised a total funding of $3.51M over 3 rounds. Its first funding round was on Mar 22, 2017. Its latest funding round was a Series A round on Sep 16, 2021 for $*****. 4 investors participated in its latest round. Ackcio has 12 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Ackcio:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 16, 2021 | 7954536 | Series A | 6172219 | 5624782 | 1077059 | 5892943 |
Jun 29, 2020 | 2602711 | Seed | 8199469 | 8325174 | 5138851 | |
Mar 22, 2017 | 8854969 | Seed | 5182813 | 1839401 | 5792345 |
View details of Ackcio's funding rounds and investors
Ackcio's founders and board of directors
Founder? Claim ProfileThe founders of Ackcio is Nimantha Baranasuriya.
Here are the details of Ackcio's key team members:
- Nimantha Baranasuriya: Co-Founder of Ackcio. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Ackcio's Board of Directors
Ackcio's board has 6 active members. Nimantha Baranasuriya and Mobashir Mohammad are part of team and Joel Ang, Michael Gryseels, Benjamin Tan Depeng and Maxim Shkvaruk are independent board members.Here is the list of Ackcio's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 6m | |
Team | - | Current | 9y 6m | |
Independent board member | - | Current | 5y 1m | |
tehhmua | Independent board member | - | Current | 5y 4m |
dcdtjrw | Independent board member | - | Current | 7y 8m |
ydfrppj | Independent board member | - | Current | 4y 6m |
fnjoayc | Independent board member | - | Past | 2y 3m |
View details of Ackcio's Founder profiles and Board Members
Ackcio's employee count trend
Ackcio has 15 employees as of Jun 26. Here is Ackcio's employee count trend over the years:
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Ackcio's Competitors and alternates
Top competitors of Ackcio include IDENTEC SOLUTIONS, Aeron Systems and Teltonika. Here is the list of Top 10 competitors of Ackcio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IDENTEC SOLUTIONS 1999, Lustenau (Austria), Series B | Provider of hardware and software solutions for field operations | $35.3M | 60/100 | |
2nd | Aeron Systems 2008, Pune (India), Series A | Developer of inertial navigation systems and industrial internet of things | $1.85M | 59/100 | |
3rd | Provider of IoT network communication solutions | - | - | 57/100 | |
4th | Nordic Semiconductor 1983, Trondheim (Norway), Public | Provider of wireless communication technology solutions for the IoT industry | - | 56/100 | |
5th | Provider of IoT-based geotechnical monitoring solutions for multiple industries | $3.51M | 55/100 | ||
6th | MultiTech Systems 1970, Ramsey (United States), Acquired | IoT connectivity solutions provider: devices, gateways, modems, sensors, and services | - | 55/100 | |
7th | HMS Networks 1988, Halmstad (Sweden), Acquired | Provider of industrial communication products for device connectivity and remote access | - | 53/100 | |
8th | Provider of industrial wireless automation solutions | $27M | 50/100 | ||
9th | Provider of mine shaft monitoring and assessment solutions | $4.2M | 49/100 | ||
10th | Beijing InHand Networks Technology 2001, Chaoyang (China), Acquired | Developer of communication devices for IoT | - | 48/100 |
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Ackcio's Investments and acquisitions
Ackcio has made no investments or acquisitions yet.
Reports related to Ackcio
Here is the latest report on Ackcio's sector:
News related to Ackcio
Media has covered Ackcio for 1 event in last 1 year, It was about company updates.
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Industrial-tech startup Ackcio raises S$4m in Series A fundingThe Business Times•Sep 16, 2021•Ackcio, Atlas Venture, Enterprise Singapore, Wavemaker Partners and 3 others
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Measurand and Ackcio collaboration integrates monitoring and wireless data connectivity technologyCsengineermag•Oct 21, 2020•Measurand, Ackcio
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