Faclon Labs - About the company
Faclon Labs is a series A company based in Mumbai (India), founded in 2016 by Ankit Parashar, Ravi Sharma, Archit Naraniwal and Rishi Sharma. It operates as a Provider of industrial data and AI platform for decision intelligence. Faclon Labs has raised $2.59M in funding from investors like LetsVenture, Empower India and thinQbate, with a current valuation of ₹*****. The company has 668 active competitors, including 104 funded and 60 that have exited. Its top competitors include companies like Particle, Software AG and PTC.
Company Details
Provider of industrial data and AI platform for decision intelligence. The platform helps reduce operating costs of utilities and downtime of critical assets. It also increases machine productivity and manages sustainability compliance. The platform connects to and monitors assets, analyzes data, and leverages built-in analytics. It offers features and AI-powered insights to manage energy, water, assets, and processes. The platform integrates with industrial protocol connectors, IoT gateways, and APIs.
- Website
- faclon.com
- Social
- Email ID
- *****@faclon.com
- Phone Number
- +91 **********
- Registered Address
- Gala No. 12, 1st Floor, Jafferbhoy Industrial Estate, Makwana Road, Morol Naka, Andher, i (East), Mumbai City, Mumbai, Maharashtra, India, 400059
Legal entities associated with Faclon Labs
Faclon Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FACLON LABS PRIVATE LIMITED CIN: U29309MH2016PTC282310 , India, Active | Jun 13, 2016 | $1.38M (As on Mar 31, 2025) | 153 (As on Mar 01, 2026) |
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Faclon Labs's funding and investors
Faclon Labs has raised a total funding of $2.59M over 7 rounds. Its first funding round was on Oct 07, 2016. Its latest funding round was a Angel round on Aug 08, 2024 for $*****. 4 investors participated in its latest round. Faclon Labs has 22 institutional investors and 42 angel investors.
Here is the list of recent funding rounds of Faclon Labs:
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Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 08, 2024 | 4863618 | Angel | 2685195 | 5073563 | 4303413 | 4215096 |
Sep 19, 2023 | 3159725 | Angel | 4144424 | 4826396 | 9122631 | 5229950 |
Jul 25, 2022 | 9972901 | Series A | 8444507 | 7740510 |
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Faclon Labs' founders and board of directors
Founder? Claim ProfileThe founders of Faclon Labs are Ankit Parashar, Ravi Sharma, Archit Naraniwal and Rishi Sharma. Rishi Sharma is the CEO of Faclon Labs.
Here are the details of Faclon Labs' key team members:
- Ankit Parashar: Co Founder of Faclon Labs and founder of 1 other company. They serve on the board of 1 company.
- Ravi Sharma: Former Co-Founder of Faclon Labs and founder of 2 other companies, SalesCaptain and Salesbook. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Archit Naraniwal: Co-Founder of Faclon Labs. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Rishi Sharma: Co-Founder & CEO of Faclon Labs. They serve on the board of 1 company.Contact Info: 1 phone number
Faclon Labs' Board of Directors
Faclon Labs's board has 4 active members. Archit Naraniwal, Rishi Sharma and Utkarsh Narain Srivastava are part of team and Sarjan Pankaj Shah is independent board member.Here is the list of Faclon Labs' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 11m | |
z{voqun | Team | - | Past | 4y 9m |
rfcpxtl | Team | - | Past | 8y 8m |
iimc{hm | Team | - | Past | 4y 7m |
Independent board member | - | Current | 5y 8m |
View details of Faclon Labs's Founder profiles and Board Members
Faclon Labs' employee count trend
Faclon Labs has 155 employees as of Aug 25. The total employee count is 19.0% more than what it was in Aug 24. Here is Faclon Labs's employee count trend over the years:
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Faclon Labs's Competitors and alternates
Top competitors of Faclon Labs include Particle, Software AG and PTC. Here is the list of Top 10 competitors of Faclon Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Particle 2011, San Francisco (United States), Acquired | Developer of a prototype to production connectivity platform for IoT | $135M | 78/100 | |
2nd |  Software AG 1969, Darmstadt (Germany), Acquired | Provider of digital transformation solutions, services, and enterprise application products | - | 77/100 | |
3rd |  PTC 1985, Boston (United States), Public | Provider of software for product lifecycle management, CAD, IoT, and service | - | 76/100 | |
4th |  Silicon Labs 1996, Austin (United States), Acquired | Developer of wireless and non-wireless technologies, software, tools, and services | - | 75/100 | |
5th | Ayla Networks 2010, Milpitas (United States), Series D | Provider of an IoT platform for smart home and device solutions | $144M | 73/100 | |
6th |  MaintainX 2018, San Francisco (United States), Series D | Provider of a platform for maintenance and operations management solutions | $254M | 69/100 | |
7th | Provider of artificial intelligence, machine learning, and digital transformation solutions | $2.92M | 67/100 | ||
8th |  Klir 2017, Reno (United States), Series B | Water management software for utilities | $29.7M | 61/100 | |
9th | Vantiq 2014, Walnut Creek (United States), Series B | Provider of cloud based end to end IoT platforms | $56.4M | 61/100 | |
10th | Decisyon 2005, San Francisco (United States), Series B | Provider of platform for corporate performance management | $55.9M | 61/100 | |
35th | Faclon Labs 2016, Mumbai (India), Series A | Provider of industrial data and AI platform for decision intelligence | $2.59M | 48/100 |
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Faclon Labs's Latest cap tables and shareholding
Founders (largest shareholder) own 34.74%, Funds own 8.34%, Enterprises own 23.23% and Angels own 16.74%. The net worth of Faclon Labs's founders is INR 60.6Cr as of Jan 13, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 34.74% | 60.6Cr | 9021228 | 7702395 | 7508205 | 9516576 |
2041305 | 9218963 | 6999951 | 8032186 | 7819297 | 7174298 | |
523377 | 176661 | 913283 | 294817 | 699425 | 347097 | |
Fund | 8.34% | 14.6Cr | 8483989 | 7095018 | 5591265 | 5938385 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 23.23% | 40.5Cr | 4850936 | 5405963 | 4298873 | 9274695 |
Angel | 16.74% | 29.2Cr | 5533550 | 1289906 | 5627167 | 1421812 |
40 | 39 | 85 | 63 | 97 | 66 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 2.04% | 3.57Cr | 70 | 63 | 92 | 14 |
ESOP Pool | 14.90% | 26Cr | 3949500 | 2017522 | 6061055 | 2768849 |
Total | 100.00% | 175Cr | 9288718 | 9406265 | 4738252 | 8841562 |
To unlock detailed Cap Table of Faclon Labs Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Faclon Labs's Shareholding
Faclon Labs's Investments and acquisitions
Faclon Labs has made no investments or acquisitions yet.
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