When was CUSMAT founded?

CUSMAT was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is CUSMAT located?

CUSMAT is headquartered in Bengaluru, India. It is registered at Flat No.401,4thFloor,Abode Aahladham Diamond Block Nallagandla Village, Serilingampally Man, dal, Rangareddi, Hyderabad, Telangana, India, 500019.

Which legal entities is CUSMAT associated with?

CUSMAT is associated with CUSMAT TECHNOLOGIES PRIVATE LIMITED.

How many employees does CUSMAT have?

As of Aug 31, 2025, CUSMAT has 24 employees, reflecting a 51% year-over-year decline in headcount.

Is CUSMAT a funded company?

CUSMAT is a funded company, having raised a total of $4.22M across 7 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Apr 16, 2019.

How much is CUSMAT worth?

The latest valuation of CUSMAT is $***** as of Mar 25, 2023. This marks a decline of 1% from its peak valuation of $14M in Apr, 2019. This marks a decline of 1% from its peak valuation of $14M in Apr, 2019.

When was the latest funding round of CUSMAT?

CUSMAT's latest funding was a $***** Series A round on Aug 04, 2022, with participation from 95 investors. Its primary sector is Metaverse. Globally, the Metaverse sector has seen $35.1M in funding in 2026 to date.

What is the annual revenue of CUSMAT?

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

Where does CUSMAT rank among its competitors?

CUSMAT ranks 30th amongst 1036 active competitors, of which 43 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Fullbay, which secured an undisclosed amount in Jul, 2024.

Who are the top competitors of CUSMAT?

CUSMAT's top competitors include Decisiv, AutoLeap and Rinsed. Among them, Fullbay secured the most recent funding round in July, 2024.

CUSMAT - 2026 Company Profile, Team, Funding, Competitors & Financials

CUSMAT is a series A company based in Bengaluru (India), founded in 2016 by Anirban Chakravorty. It operates as a Developer of visual repair guidance software for automotive fixed operations. CUSMAT has raised $4.22M in funding from investors like Angel List, Venture Catalysts and Z Nation Lab, with a current valuation of $*****. The company has 1036 active competitors, including 43 funded and 40 that have exited. Its top competitors include companies like Decisiv, AutoLeap and Rinsed.

Company Details

Developer of visual repair guidance software for automotive fixed operations. This technology provides technicians with digital instructions and visual aids to assist in vehicle maintenance and repair tasks. The system integrates into existing service workflows to support accurate diagnostics and standardized repair procedures. By utilizing visual data, the software helps service departments improve technical consistency and streamline the repair process for various vehicle systems. It serves as a digital resource for automotive service professionals to reference during complex mechanical operations.

Website: cusmat.com/
Social
Email ID: *****@cusmat.com
Registered Address: Flat No.401,4thFloor,Abode Aahladham Diamond Block Nallagandla Village, Serilingampally Man, dal, Rangareddi, Hyderabad, Telangana, India, 500019

Key Metrics

Founded Year

2016

Location

Bengaluru, India

Stage

Series A

Total Funding

$4.22M in 7 rounds

Latest Funding Round

Series A, Aug 04, 2022, $*****

Post Money Valuation

$***** as on Mar 25, 2023

Investors

Angel List & 133 more

Ranked

30^th among 1036 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

24 as on Aug 31, 2025

Similar Companies

Simulanis & 266 more

View CUSMAT's full profile

CUSMAT is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CUSMAT TECHNOLOGIES PRIVATE LIMITED CIN: U74999TG2016PTC110304 , India, Active	Jun 16, 2016	0 - ₹10 Cr (As on Mar 31, 2025)	20 (As on Apr 01, 2026)

CUSMAT has raised a total funding of $4.22M over 7 rounds. Its first funding round was on Apr 16, 2019. Its latest funding round was a Series A round on Aug 04, 2022 for $*****. 95 investors participated in its latest round. CUSMAT has 50 institutional investors and 84 angel investors.

Here is the list of recent funding rounds of CUSMAT:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 04, 2022	8969668	Series A	5898083	4080662	6450128	1637053
Aug 2022	5839629	Seed	5959747	1211569	6704697	3161602
Mar 06, 2022	2641630	Angel	9102597	9412895	Heeral Amit Shah & 1 more	7997490

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View details of CUSMAT's funding rounds and investors

The founders of CUSMAT is Anirban Chakravorty.

Here are the details of CUSMAT's key team members:

Anirban Chakravorty: Co-Founder &COO of CUSMAT. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

CUSMAT's Board of Directors

CUSMAT's board has 3 active members. Anirban Chakravorty, Abhinav Ayan and Soumya Harichandan are part of team.

Here is the list of CUSMAT's board of directors:

Name	Type	Representing	Status	Duration
Abhinav Ayan	Team	-	Current	10y 2m
Soumya Harichandan	Team	-	Current	10y 2m
ehtblvj	Team	-	Past	5y 5m

View details of CUSMAT's Founder profiles and Board Members

CUSMAT's employee count trend

CUSMAT has 24 employees as of Aug 25. The total employee count is 51.0% lower than what it was in Aug 24. Here is CUSMAT's employee count trend over the years:

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Top competitors of CUSMAT include Decisiv, AutoLeap and Rinsed. Here is the list of Top 10 competitors of CUSMAT, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Decisiv 2001, Richmond (United States), Series B	Provider cloud-based SRM solution to manage internal/external service and repair events	$63.2M	Kayne Anderson Capital Advisors, Morgan Stanley ... & 4 others	63/100
2nd	AutoLeap 2019, Toronto (Canada), Series B	SaaS-driven workshop management software for auto workshops	$53M	Advance Venture Partners, Threshold & 10 others	63/100
3rd	Rinsed 2019, New York City (United States), Series B	SaaS-driven platform offering customer relationship management solutions for car wash companies	$35M	Founders Fund, VMG Partners & 4 others	61/100
4th	Simulanis 2013, Delhi (India), Seed	Provides AI-powered XR, simulation and immersive training solutions for industrial workforce development	$1.44M	CBA Capital, VilCap Investments & 22 others	60/100
5th	Tekmetric 2015, Houston (United States), Series A	SaaS-driven workshop management system for automotive service centers	$1.14M	Susquehanna Growth Equity	60/100
6th	MobileTechRx 2004, Austin (United States), Acquired	SaaS-driven repair estimation & invoicing solution for auto workshops	$4.3M	Silverton Partners	57/100
7th	Shop-Ware 2013, San Francisco (United States), Acquired	Cloud-based auto repair shop management software to maximize shop efficiency	$15M	Insight Partners, Robert Bosch	55/100
8th	AutoVitals 2009, Santa Barbara (United States), Series A	Auto repair shop software for serious shops seeking serious results	$301K	Tritium Partners, SoCal IP Ventures	55/100
9th	Nextlane 2000, Paris (France), Acquired	Dealership management solutions for automotive dealerships	-	PSG, Access Capital Partners	55/100
10th	Fullbay 2013, Phoenix (United States), Series A	Shop management system for heavy duty workshops	$23M	Mainsail Partners, JMI Management	55/100
30th	CUSMAT 2016, Bengaluru (India), Series A	Developer of visual repair guidance software for automotive fixed operations	$4.22M	BlackSoil, CapFort Ventures & 132 others	41/100

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Founders (largest shareholder) own 50.95%, Funds own 24.41%, Enterprises own 3.34% and Angels own 6.57%. The net worth of CUSMAT's founders is INR 58.6Cr as of Mar 25, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	50.95%	58.6Cr	9116966	5832501	7495386	6195710
Anirban Chakravorty	8983787	6847318	7964320	6742374	9669103	3061366
Fund	24.41%	28.1Cr	7969633	4474815	7156871	4974080
Arkam Ventures	5476468	9917920	2633293	5238816	1307475	2145198
Z Nation Lab	32	23	37	55	11	38
Venture Catalysts	23	25	90	54	56	12
Angel List	1	3	8	6	5	1
Enterprise	3.34%	3.88Cr	558	627	421	818
Angel	6.57%	7.57Cr	995875	292942	639304	725629
Naresh Kumar D	0	0	0	0	0	0
ESOP Pool	5.72%	6.57Cr	95338	29071	86372	28621
Other Investors	8.96%	10.3Cr	5467307	5609974	6564998	2177693
Total	99.95%	115Cr	3659063	3824371	4482540	8678829