Avanseus - About the company
Avanseus is a series A company based in Singapore (Singapore), founded in 2015 by Chiranjeeb Bhandary. It operates as a Cloud-based software for predictive maintenance. Avanseus has raised $3.7M in funding from TNB Aura and SEEDS Capital. The company has 483 active competitors, including 71 funded and 38 that have exited. Its top competitors include companies like Augury, Uptake and TRACTIAN.
Company Details
Cloud-based software for predictive maintenance. It is an AI interfaced business intelligence platform that provides solutions for image recognition and video analysis using deep learning to bring new insights, providing content and context behind images, impact analysis, anomaly detection, etc.
- Website
- avanseus.com
- Email ID
- *****@avanseus.com
- Registered Address
- 230 VICTORIA STREET #15-01/08 BUGIS JUNCTION SINGAPORE 188024
Key Metrics
Founded Year
2015
Location
Singapore, Singapore
Stage
Series A
Total Funding
$3.7M in 2 rounds
Latest Funding Round
Ranked
14th among 483 active competitors
Annual Revenue
$0 - $1M as on Dec 31, 2023
Employee Count
50 - 199 as on Mar 01, 2026
Legal entities associated with Avanseus
Avanseus is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AVANSEUS TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA2015FTC081946 , India, Active | Aug 03, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | 33 (As on Aug 31, 2024) | |
Avanseus Holdings Pte. Ltd UEN: 201526265R , Singapore, Active | Dec 31, 2014 | $0 - $1M (As on Dec 31, 2023) | - |
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Avanseus's funding and investors
Avanseus has raised a total funding of $3.7M over 2 rounds. Its first funding round was on Jan 31, 2019. Avanseus has 9 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Avanseus:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 31, 2020 | 7395919 | Series A | 7415177 | 3136627 | 1662986 | 1790215 |
Jan 31, 2019 | 5751182 | Seed | 7536776 | 6012828 | 2250328 |
View details of Avanseus's funding rounds and investors
Avanseus' founders and board of directors
Founder? Claim ProfileThe founders of Avanseus is Chiranjeeb Bhandary.
Here are the details of Avanseus' key team members:
- Chiranjeeb Bhandary: Co-founder and CTO of Avanseus and founder of 1 other company. They serve on the board of 1 company.
Avanseus' Board of Directors
Avanseus's board has 1 active member. Bhargab Mitra is part of team.Here is the list of Avanseus' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 2m | |
bnznwyi | Team | - | Past | 4y 7m |
trjrevl | Independent board member | - | Past | 5y 3m |
vmebtjk | Independent board member | - | Past | 9y 3m |
View details of Avanseus's Founder profiles and Board Members
Avanseus' employee count trend
Avanseus has 50 - 199 employees as of Mar 26. Here is Avanseus's employee count trend over the years:
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Avanseus's Competitors and alternates
Top competitors of Avanseus include Augury, Uptake and TRACTIAN. Here is the list of Top 10 competitors of Avanseus, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Augury 2011, New York City (United States), Series F | Provider of IoT and cloud-based machine analytics and predictive maintenance solutions | $369M | 71/100 | |
2nd | Uptake 2014, Chicago (United States), Series D | Cloud-based platform for predictive analytics and asset performance management | $282M | 71/100 | |
3rd | AI company specializing in predictive maintenance and asset monitoring for manufacturing | $196M | 69/100 | ||
4th | Infinite Uptime 2015, Alpharetta (United States), Series C | Provider of AI-powered predictive maintenance solutions for industrial equipment reliability | $68.7M | 67/100 | |
5th | Provider of predictive maintenance solutions | $72.6M | 60/100 | ||
6th | Uptime AI 2019, San Francisco (United States), Series A | Provider of AI reasoning agents for industrial operational excellence solutions | $19M | 59/100 | |
7th | Nanoprecise 2017, Edmonton (Canada), Series C | Provider of AI-based predictive maintenance solutions for industrial equipment | $48M | 57/100 | |
8th | Falkonry 2012, San Francisco (United States), Acquired | Provider of AI platform for time series data analysis and monitoring | $13.3M | 56/100 | |
9th | CorrosionRADAR 2016, Cambridge (United Kingdom), Series A | Provider of corrosion management solution for the oil and gas industry | $14.4M | 55/100 | |
10th | Novity 2022, San Carlos (United States), Series A | Provider of predictive maintenance software platform for manufacturers | $7.8M | 55/100 | |
14th | Cloud-based software for predictive maintenance | $3.7M | 49/100 |
Looking for more details on Avanseus's competitors? Click here to see the top ones
Avanseus's Investments and acquisitions
Avanseus has made no investments or acquisitions yet.
Reports related to Avanseus
Here is the latest report on Avanseus's sector:
News related to Avanseus
Media has covered Avanseus for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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Accenture to Acquire Verum Partners, Expanding its Capital Projects Capabilities in Latin AmericaBusiness Wire•Feb 24, 2026•Verumpartners, Accenture, Generation Investment Management, Verum Partners and 1 other
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Fat Projects Acquisition Corp Announces Termination ofHeadlines of Today•Nov 18, 2023•Fat Projects Acquisition, Avanseus
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Fat Projects Acquisition Corp Announces Intention to ExtendBusinessFortNight•Sep 13, 2023•Fat Projects Acquisition, Avanseus
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Fat Projects Acquisition Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination to July 15, 2023GlobeNewswire•Jun 16, 2023•Fat Projects Acquisition, Avanseus
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Avanseus Announces Version 6.0 of its Health and Performance Management PlatformPR Newswire•Apr 13, 2023•Avanseus
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Avanseus Announces Version 6.0 of its Augmented Operations PlatformPR Newswire•Apr 05, 2023•Avanseus
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Fat Projects Acquisition Corp Announces Intention to Extend the Deadline to Complete a Business Combination to March 15, 2023The Wall Street Journal•Feb 11, 2023•Fat Projects Acquisition, Avanseus
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