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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
Social
XFacebook
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
Ranked
Annual Revenue
SGD 0 - 1M as on Dec 31, 2020
Employee Count
15 as on Jun 30, 2026
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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
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Ackcio's founders and board of directors

Founder? Claim Profile
The founders of Ackcio is Nimantha Baranasuriya.
Here are the details of Ackcio's key team members:

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

Ackcio's employee count trend

Ackcio has 15 employees as of Jun 26. Here is Ackcio's employee count trend over the years:
Employee count trend for Ackcio
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IDENTEC SOLUTIONS
IDENTEC SOLUTIONS
1999, Lustenau (Austria), Series B
Provider of hardware and software solutions for field operations
$35.3M
60/100
2nd
Logo for Aeron Systems
Aeron Systems
2008, Pune (India), Series A
Developer of inertial navigation systems and industrial internet of things
$1.85M
59/100
3rd
Logo for Teltonika
Teltonika
2019, Vilnius (Lithuania), Unfunded
Provider of IoT network communication solutions
-
-
57/100
4th
Logo for Nordic Semiconductor
Nordic Semiconductor
1983, Trondheim (Norway), Public
Provider of wireless communication technology solutions for the IoT industry
-
56/100
5th
Logo for Ackcio
Ackcio
2016, Singapore (Singapore), Series A
Provider of IoT-based geotechnical monitoring solutions for multiple industries
$3.51M
55/100
6th
Logo for MultiTech Systems
MultiTech Systems
1970, Ramsey (United States), Acquired
IoT connectivity solutions provider: devices, gateways, modems, sensors, and services
-
55/100
7th
Logo for HMS Networks
HMS Networks
1988, Halmstad (Sweden), Acquired
Provider of industrial communication products for device connectivity and remote access
-
53/100
8th
Logo for CoreTigo
CoreTigo
2017, Netanya (Israel), Series B
Provider of industrial wireless automation solutions
$27M
50/100
9th
Logo for Point Laz
Point Laz
2020, Quebec City (Canada), Series A
Provider of mine shaft monitoring and assessment solutions
$4.2M
49/100
10th
Logo for Beijing InHand Networks Technology
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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