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Noccarc - About the company

Noccarc is a series A company based in Pune (India), founded in 2017 by Harshit Rathore and Nikhil Kurele. It operates as a Developer of smart ventilators for respiratory care. Noccarc has raised $6.35M in funding from Indian Angel Network and SIDBI, with a current valuation of *****. The company has 11 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like OneBreath, Inbentus and Flight Medical.

Company Details

Developer of smart ventilators for respiratory care. It offers smart ventilators connected with HorizonView a cloud-based data-driven platform that monitor ventilation data and waveforms on central system and mobile device for respiratory care at ICU and critical care solutions.
Social
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Email ID
*****@noccarc.com
Phone Number
+91 **********
Registered Address
T/142 MIDC BHOSARI PIMPRI IND AREA BHOSARI, Pune, Pune, Maharashtra, India, 411026
Key Metrics
Founded Year
2017
Location
Pune, India
Stage
Series A
Total Funding
$6.35M in 6 rounds
Latest Funding Round
Post Money Valuation
***** as on Dec 23, 2024
Ranked
Annual Revenue
₹15.2Cr as on Mar 31, 2025
Employee Count
62 as on Aug 31, 2025
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Noccarc's funding and investors

Noccarc has raised a total funding of $6.35M over 6 rounds. Its latest funding round was a Seed round on Jan 03, 2024 for $*****. 57 investors participated in its latest round. Noccarc has 26 institutional investors and 93 angel investors.

Here is the list of recent funding rounds of Noccarc:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 03, 2024
1738971
Seed
5143024
3801596
4914283
4245820
Sep 11, 2023
6540838
Seed
5492184
3361230
3561106
Nov 23, 2022
8148465
Angel
5258568
5241860
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Noccarc's founders and board of directors

Founder? Claim Profile
The founders of Noccarc are Harshit Rathore and Nikhil Kurele. Nikhil Kurele is the CEO of Noccarc.
Here are the details of Noccarc's key team members:

Noccarc's Board of Directors

Noccarc's board has 2 active members. Harshit Rathore and Nikhil Kurele are part of team.
Here is the list of Noccarc's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 11m
Team
-
Current
8y 11m
iugftoa
Investor
-
Past
6y 8m
ayshkiw
Investor
-
Past
7y 5m

Noccarc's employee count trend

Noccarc has 62 employees as of Aug 25. The total employee count is 2.0% more than what it was in Aug 24. Here is Noccarc's employee count trend over the years:
Employee count trend for Noccarc
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Noccarc's Competitors and alternates

Top competitors of Noccarc include OneBreath, Inbentus and Flight Medical. Here is the list of Top 10 competitors of Noccarc, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Noccarc
Noccarc
2017, Pune (India), Series A
Developer of smart ventilators for respiratory care
$6.35M
53/100
2nd
Logo for OneBreath
OneBreath
2013, Bengaluru (India), Seed
Developer of portable mechanical ventilators for intensive care patients
$3.45M
38/100
3rd
Logo for Inbentus
Inbentus
2020, Murcia (Spain), Seed
Developer of hospital medical equipment
$625K
33/100
4th
Logo for Flight Medical
Flight Medical
1996, Lod (Israel), Public
Manufactures portable life supporting respiratory ventilators
-
33/100
5th
Logo for LifeAir Medical
LifeAir Medical
2022, Portland (United States), Unfunded
Developer of disposable airway ventilators
-
-
32/100
6th
Logo for Akshay Embedded Systems
Akshay Embedded Systems
2017, Pune (India), Unfunded
Provider of designing and developing embedded-based solutions for the healthcare and manufacturing industries
-
-
29/100
7th
Logo for Dipneo
Dipneo
2023, Barcelona (Spain), Seed
Developer of automatic resuscitation device for out-of-hospital cardiac arrests
$323K
-
24/100
8th
Logo for Liberandum Technologies
Liberandum Technologies
2023, San Francisco (United States), Seed
Developer of mechanical ventilation for the ICU
$20K
-
24/100
9th
Logo for CRC Medical
CRC Medical
2011, Askim (Norway), Acquired
Provider of ventilation solutions for operating theaters and clean rooms
-
-
21/100
10th
Logo for PenMed
PenMed
2018, Truro (United Kingdom), Seed
Developer of critical care devices to improve the safety and outcomes of patients in intensive care units
$250K
16/100
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Noccarc's Latest cap tables and shareholding

Founders own 34.05%, Funds (largest shareholder) own 39.76%, Enterprises own 2.72% and Angels own 19.51%. The net worth of Noccarc's founders is INR 16.1Cr as of Dec 23, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
34.05%
16.1Cr
1854584
6449315
1220096
4615169
6909422
1725008
3959554
8682711
2655800
5672588
8816199
7221684
3727902
3110745
5664953
1107357
Fund
39.76%
18.8Cr
1605351
7611929
4251007
5811385
0
0
0
0
0
0
Enterprise
2.72%
1.29Cr
18
88
81
42
Angel
19.51%
9.24Cr
2119291
8168398
3084120
7744969
24
67
53
28
30
84
0
0
0
0
0
0
0
0
0
0
0
0
Other People
1.33%
62.9L
8
7
7
2
ESOP Pool
2.53%
1.2Cr
59
35
19
23
Total
99.89%
47.3Cr
1034654
1364993
6725023
8768655
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Noccarc's Shareholding

Noccarc's Investments and acquisitions

Noccarc has made no investments or acquisitions yet.

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