ADDA - About the company
ADDA is a seed company based in Bengaluru (India), founded in 2008 by San Banerjee and Aashika Sripathi. It operates as a Provider of SaaS-enabled society and community management software for residential communities. ADDA has raised $644K in funding, with a current valuation of $*****. The company has 496 active competitors, including 40 funded and 21 that have exited. Its top competitors include companies like Mygate, Vantaca and GridX.
Company Details
Provider of SaaS-enabled society and community management software for residential communities. It offers a suite of software for managing apartment and villa communities, smart cities and townships. The platform provides features such as private social network, manage multiple properties, manage visitors, bill payments, emergency help, and more.
- Website
- usa.adda.io/
- Email ID
- *****@adda.io
- Phone Number
- +91 **********
- Registered Address
- 91springboard, Trifecta Adatto, 21, ITPL Main Rd, Garudachar Palya, Mahadevapura, Bangalore, Bengaluru, Karnataka, India, 560048
Key Metrics
Founded Year
2008
Location
Bengaluru, India
Stage
Seed
Total Funding
$644K in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 22, 2016
Investors
Ranked
5th among 496 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
69 as on Aug 31, 2025
Legal entities associated with ADDA
ADDA is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
3FIVE8 TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA2009PTC050290 , India, Active | Jul 01, 2009 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 74 (As on Apr 01, 2026) |
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ADDA's funding and investors
ADDA has raised a total funding of $644K over 3 rounds. Its first funding round was on Nov 14, 2013. Its latest funding round was a Angel round on Jun 22, 2016 for $*****. 1 investor participated in its latest round. ADDA has 2 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of ADDA:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 22, 2016 | 2021547 | Angel | 2749657 | 6312234 | 8895353 | 6233691 |
Aug 20, 2015 | 4278900 | Seed | 5204248 | 4513345 | 7532098 | |
Nov 14, 2013 | 2088964 | Angel | 9773313 | 4062158 |
View details of ADDA's funding rounds and investors
ADDA's founders and board of directors
Founder? Claim ProfileHere are the details of ADDA's key team members:
- San Banerjee: Co-Founder & CEO of ADDA. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Aashika Sripathi: Co-Founder of ADDA.
ADDA's Board of Directors
ADDA's board has 2 active members. San Banerjee and Venkat Kandaswamy are part of team.Here is the list of ADDA's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 17y 2m | |
Team | - | Current | 16y 7m | |
mvixyim | Independent board member | - | Past | 6y 7m |
View details of ADDA's Founder profiles and Board Members
ADDA's employee count trend
ADDA has 69 employees as of Aug 25. The total employee count is 6.0% more than what it was in Aug 24. Here is ADDA's employee count trend over the years:
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ADDA's Competitors and alternates
Top competitors of ADDA include Mygate, Vantaca and GridX. Here is the list of Top 10 competitors of ADDA, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a community management and residential living platform | $93.8M | 85/100 | ||
2nd | Vantaca 2016, Wilmington (United States), Series B | SaaS-driven community management solution for association management companies | $305M | 66/100 | |
3rd | GridX 2010, Walnut Creek (United States), Series C | Cloud-based platform offering meter billing solutions | $68.2M | 66/100 | |
4th | NoBrokerHood 2015, Bengaluru (India), Unfunded | Provider of society management system and related mobile applications | - | - | 65/100 |
5th | Provider of SaaS-enabled society and community management software for residential communities | $644K | 64/100 | ||
6th | Frontsteps 2003, Denver (United States), Seed | Software solution for managing communities | - | 63/100 | |
7th | Zego 2018, San Diego (United States), Acquired | Online community management software for residential properties | - | 63/100 | |
8th | TownSq 2013, Dallas (United States), Unfunded | App-based community management software for landlords and residents | - | - | 61/100 |
9th | Concierge Plus 1999, Toronto (Canada), Seed | Provider of SaaS solution for managing communities | - | 56/100 | |
10th | Cobu 2018, Boston (United States), Seed | App-based digital engagement platform for apartment residents | $120K | 55/100 |
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ADDA's Investments and acquisitions
ADDA has made no investments or acquisitions yet.
Reports related to ADDA
Here is the latest report on ADDA's sector:
News related to ADDA
Media has covered ADDA for a total of 9 events in the last 1 year, 7 of them have been about company updates and 1 about partnerships.
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ADDA Shines Bright, Bags Gold for Tenant Engagement Excellence at World Realty CongressOnline Media Cafe•Dec 21, 2024•ADDA
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