When was BlackFrog Technologies founded?

BlackFrog Technologies was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is BlackFrog Technologies located?

BlackFrog Technologies is headquartered in Manipal, India. It is registered at D No. 16-329 B-11, 3rd Floor, RSB Bhavan, Manipal-Alevoor Road, Opp MJC Ground, Manipal, Udupi, Udupi, Karnataka, India, 576104.

Who is the current CEO of BlackFrog Technologies?

Mayur U Shetty of BlackFrog Technologies. They have also founded 1 company.

Which legal entities is BlackFrog Technologies associated with?

BlackFrog Technologies is associated with BLACKFROG TECHNOLOGIES PRIVATE LIMITED.

How many employees does BlackFrog Technologies have?

As of Aug 31, 2025, BlackFrog Technologies has 37 employees, reflecting a 38% year-over-year growth in headcount.

Is BlackFrog Technologies a funded company?

BlackFrog Technologies is a funded company, having raised a total of $2.01M across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2019.

How much is BlackFrog Technologies worth?

The latest valuation of BlackFrog Technologies is ₹***** as of Mar 25, 2026.

When was the latest funding round of BlackFrog Technologies?

BlackFrog Technologies' latest funding was a $***** Seed round on Jan 08, 2025, with participation from 3 investors. Its primary sector is Life Sciences Platforms and Tools. Globally, the Life Sciences Platforms and Tools sector has seen $1.36B in funding in 2026 to date.

What is the annual revenue of BlackFrog Technologies?

Annual revenue of BlackFrog Technologies is less than ₹10 Cr as on Mar 31, 2025

Where does BlackFrog Technologies rank among its competitors?

BlackFrog Technologies ranks 4th amongst 60 active competitors, of which 12 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Cellbox Solutions, which secured $4.07M in Mar, 2026.

Who are the top competitors of BlackFrog Technologies?

BlackFrog Technologies' top competitors include Brooks Automation, Atelerix and Hemanext. Among them, Cellbox Solutions secured the most recent funding round in March, 2026.

BlackFrog Technologies - 2026 Company Profile, Team, Funding, Competitors & Financials

BlackFrog Technologies is a seed company based in Manipal (India), founded in 2015 by Mayur U Shetty, Donson Dsouza and Ashlesh Bhat. It operates as a Provider of a portable temperature-regulated carrier for biologicals cold‑chain delivery solutions. BlackFrog Technologies has raised $2.01M in funding from investors like EDC, Manipal Group and Social Alpha, with a current valuation of ₹*****. The company has 60 active competitors, including 12 funded and 8 that have exited. Its top competitors include companies like Brooks Automation, Atelerix and Hemanext.

Company Details

Provider of a portable temperature-regulated carrier for biologicals cold‑chain delivery solutions. It offers a portable medical-grade refrigeration system for the effective transportation of vaccines, insulin, breast-milk, blood-serums, medications and specimens with minimal freeze-thaw cycles and can maintain 2–8 °C for 10–20 h depending on conditions. It uses thermoelectric cooling with PID control and IoT-based live temp and location tracking.

Website: blackfrog.in
Social
Email ID: *****@blackfrog.in
Phone Number: +91 **********
Registered Address: D No. 16-329 B-11, 3rd Floor, RSB Bhavan, Manipal-Alevoor Road, Opp MJC Ground, Manipal, Udupi, Udupi, Karnataka, India, 576104

Key Metrics

Founded Year

2015

Location

Manipal, India

Stage

Seed

Total Funding

$2.01M in 6 rounds

Latest Funding Round

Seed, Jan 08, 2025, $*****

Post Money Valuation

₹***** as on Mar 25, 2026

Investors

EDC & 12 more

Ranked

4^th among 60 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

37 as on Aug 31, 2025

Similar Companies

Brooks Automation & 72 more

View BlackFrog Technologies' full profile

BlackFrog Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BLACKFROG TECHNOLOGIES PRIVATE LIMITED CIN: U28133KA2015PTC083851 , India, Active	Nov 04, 2015	0 - ₹10 Cr (As on Mar 31, 2025)	43 (As on May 01, 2026)

BlackFrog Technologies has raised a total funding of $2.01M over 6 rounds. Its first funding round was on 2019. Its latest funding round was a Seed round on Jan 08, 2025 for $*****. 3 investors participated in its latest round. BlackFrog Technologies has 13 institutional investors.

Here is the list of recent funding rounds of BlackFrog Technologies:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 08, 2025	1519554	Seed	5344443	3459548	6520028	8548767
Oct 28, 2022	6541780	Seed	7904385	9895778	3018569	2364024
Sep 16, 2021	5587043	Grant (prize money)	8915574	5449921	1354777	Maharashtra State Innovation Society

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View details of BlackFrog Technologies's funding rounds and investors

The founders of BlackFrog Technologies are Mayur U Shetty, Donson Dsouza and Ashlesh Bhat. Mayur U Shetty is the CEO of BlackFrog Technologies.

Here are the details of BlackFrog Technologies' key team members:

Mayur U Shetty: Co-Founder & CEO of BlackFrog Technologies. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Donson Dsouza: Co-Founder & COO of BlackFrog Technologies. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Ashlesh Bhat: Former Co-Founder of BlackFrog Technologies.

BlackFrog Technologies' Board of Directors

BlackFrog Technologies's board has 2 active members. Mayur U Shetty and Donson Dsouza are part of team.

Here is the list of BlackFrog Technologies' board of directors:

Name	Type	Representing	Status	Duration
Mayur U Shetty	Team	-	Current	10y 8m
Donson Dsouza	Team	-	Current	10y 8m

View details of BlackFrog Technologies's Founder profiles and Board Members

BlackFrog Technologies' employee count trend

BlackFrog Technologies has 37 employees as of Aug 25. The total employee count is 37.0% more than what it was in Aug 24. Here is BlackFrog Technologies's employee count trend over the years:

Employee count trend for BlackFrog Technologies

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Top competitors of BlackFrog Technologies include Brooks Automation, Atelerix and Hemanext. Here is the list of Top 10 competitors of BlackFrog Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brooks Automation 1978, Chelmsford (United States), Public	Provider of automation and contamination control solutions for manufacturing industries	-	Western Technology Investment, Natural Bridges Ventures ... & 3 others	59/100
2nd	Atelerix 2017, Newcastle Upon Tyne (United Kingdom), Seed	Develops technology for storage and transportation of cells	$2.43M	UK Innovation Science & Seed Fund, Mandashi ... & 35 others	58/100
3rd	Hemanext 2004, Lexington (United States), Series B	Developer of technologies to store blood and its products	$128M	HHS	54/100
4th	BlackFrog Technologies 2015, Manipal (India), Seed	Provider of a portable temperature-regulated carrier for biologicals cold‑chain delivery solutions	$2.01M	Manipal Group, Rainmatter & 11 others	51/100
5th	Cellbox Solutions 2016, Lubeck (Germany), Series A	Provider of a portable device for cells storage and transport purposes	$11.1M	Companisto, NRW.Bank & 8 others	49/100
6th	Cold Chain Technologies 2001, Franklin (United States), Acquired	Provider of temperature analysis, cold chain monitoring, and other related services	-	The Cambria Group	47/100
7th	ThermoSafe 2002, San Antonio (United States), Acquired	Temperature-controlled packaging solutions for safe, efficient transport of sensitive products	-	-	46/100
8th	Longhorn Vaccines and Diagnostics 2006, Bethesda (United States), Unfunded	Provider of diagnostic solutions to diagnose and treat a wide range of diseases	-	-	43/100
9th	DeltaTrak 1989, Pleasanton (United States), Unfunded	Cold chain monitoring solutions ensuring supply chain integrity and product safety	-	-	39/100
10th	Nectome 2015, San Francisco (United States), Seed	Provider of biological preservation techniques for preserving the brain	-	Utopian, Toy Ventures & 2 others	37/100

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Founders (largest shareholder) own 55.60%, Funds own 37.76% and ESOP Pool own 6.64%. The net worth of BlackFrog Technologies's founders is INR 41.1Cr as of Mar 25, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	55.60%	41.1Cr	4536318	5673291	6454722	6801847
Mayur U Shetty	7811018	6755433	7820168	8892760	7823838	3005856
Donson Dsouza	3731097	5064300	8323722	1777781	8094966	5502436
Fund	37.76%	27.9Cr	7142459	3657592	4032688	8876018
Global Innovation Fund	1165473	4635531	6878022	5104324	7110068	1286677
Manipal Group	6685227	9638090	2220668	6967615	5214047	5122516
Social Alpha	8135	3600	3217	3156	4997	3464
Maharashtra State Innovation Society	5536	7985	6490	2434	9109	1337
C-CAMP	497	744	850	783	782	304
ESOP Pool	6.64%	4.91Cr	744606	820521	233436	146088
Total	100.00%	74Cr	8902261	1575531	2338803	6181069