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Numocity - About the company

Numocity is a series A company based in Bengaluru (India), founded in 2018 by Ravikiran Annaswamy and Siddharth Sreenivasan. It operates as a Provider of software for electric vehicle charging and energy management. Numocity has raised $2.26M in funding from Ideaspring Capital, with a current valuation of $*****. The company has 503 active competitors, including 99 funded and 28 that have exited. Its top competitors include companies like Monta, ChargePoint and Ev.energy.

Company Details

Provider of software for electric vehicle charging and energy management. The software facilitates electric vehicle integration into daily routines, enhancing the charging experience through a user-friendly mobile application. It also allows operators to manage branded charging networks, ensuring efficient operations. The system complies with industry standards and offers secure cloud platform options for businesses.
Social
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Email ID
*****@numocity.com, *****@numocity.com
Phone Number
+91 **********, +91 **********
Registered Address
2nd Floor, Embassy Icon, Infantry Road, Bangalore, Bangalore North, Dr. Ambedkar Veedhi, Bangalore, Bangalore North, Karnataka, India, 560001
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Series A
Total Funding
$2.26M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 02, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
48 as on Aug 31, 2025
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Numocity's funding and investors

Numocity has raised a total funding of $2.26M over 2 rounds. Its first funding round was on Dec 26, 2019. Its latest funding round was a Series A round on Sep 02, 2024 for $*****. 1 investor participated in its latest round. Numocity has 3 institutional investors.

Here is the list of recent funding rounds of Numocity:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 02, 2024
2564414
Series A
5867099
1571589
8764045
3580315
Dec 26, 2019
4834773
Seed
5133580
1313224
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Numocity's founders and board of directors

Founder? Claim Profile
The founders of Numocity are Ravikiran Annaswamy and Siddharth Sreenivasan. Ravikiran Annaswamy is the CEO of Numocity.
Here are the details of Numocity's key team members:

Numocity's Board of Directors

Numocity's board has 3 active members. Naganand Doraswamy, Ravikiran Annaswamy and Siddharth Sreenivasan are part of team.
Here is the list of Numocity's board of directors:
Name
Type
Representing
Status
Duration
dydwxes
Team
-
Past
2y 8m
fuhv{bx
Team
-
Past
4y 9m
wjunmll
Team
-
Past
6y 4m
xphg{ai
Investor
{fxwoth
Past
5y 7m

Numocity's employee count trend

Numocity has 48 employees as of Aug 25. The total employee count is 17.0% lower than what it was in Aug 24. Here is Numocity's employee count trend over the years:
Employee count trend for Numocity
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Numocity's Competitors and alternates

Top competitors of Numocity include Monta, ChargePoint and Ev.energy. Here is the list of Top 10 competitors of Numocity, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Monta
Monta
2020, Copenhagen (Denmark), Series B
SaaS-based platform for charging station management
$142M
75/100
2nd
Logo for ChargePoint
ChargePoint
2007, Campbell (United States), Public
Manufacturer of electric vehicle charging hardware and provider of software
$554M
74/100
3rd
Logo for Ev.energy
Ev.energy
2018, London (United Kingdom), Series B
Developer of software for managing electric vehicle charging grid loads
$46M
73/100
4th
Logo for Bolt.Earth
Bolt.Earth
2017, Bengaluru (India), Series A
Provider of electric vehicle charging hardware, software, and support services
$29.6M
71/100
5th
Logo for ChargeLab
ChargeLab
2019, Toronto (Canada), Series A
Provider of electric vehicle station management solution
$30M
70/100
6th
Logo for Xeal
Xeal
2019, California City (United States), Series B
Provider of a cloud-based EV charging management platform
$51M
68/100
7th
Logo for Esyasoft
Esyasoft
2014, Dubai (United Arab Emirates), Seed
Developer of digital platforms for utility grid management and electrification
$502K
67/100
8th
Logo for Virta
Virta
2013, Helsinki (Finland), Series D
Provider of electric vehicle charging solutions and related energy services
$108M
66/100
9th
Logo for Weave Grid
Weave Grid
2018, San Francisco (United States), Series B
Developer of a platform for electric vehicle and grid integration
$78M
65/100
10th
Logo for SWTCH
SWTCH
2018, Toronto (Canada), Series B
Provider of EV charging management systems
$42M
64/100
51st
Logo for Numocity
Numocity
2018, Bengaluru (India), Series A
Provider of software for electric vehicle charging and energy management
$2.26M
45/100
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Numocity's Latest cap tables and shareholding

Founders own 24.69%, Funds own 11.82% and Parent Entities (largest shareholder) own 63.49%. The net worth of Numocity's founders is INR 21.8Cr as of Sep 02, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
24.69%
21.8Cr
1770722
8115824
8421135
6225141
5681084
3617819
5337357
4393662
5960491
3430463
Fund
11.82%
10.4Cr
9687420
5852014
8247499
1898274
7012699
4670254
7896339
2455794
6032772
9481486
0
0
0
0
0
0
Parent Entity
63.49%
56.1Cr
3564173
6939295
8669962
4059389
Total
100.00%
88.3Cr
6438076
1939610
7225970
7406675
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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 Numocity's Shareholding

Numocity's Investments and acquisitions

Numocity has made no investments or acquisitions yet.

Reports related to Numocity

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