Parentheses Systems - About the company
Parentheses Systems is a seed company based in Pune (India), founded in 2019 by Sarang Kamalakar and Shailesh Ayachit. It operates as a Provider of AI and IoT-based production analytics solution. Parentheses Systems has raised an undisclosed amount in funding from CIE IIITH. The company has 120 active competitors, including 17 funded and 4 that have exited. Its top competitors include companies like Linecraft, Infinite Uptime and UGX.AI.
Company Details
Provider of AI and IoT-based production analytics solution. It uses its AI and augmented intelligence-based plug and play platform to provides solution to deal with productivity and workforce issue. It offers real-time insights and prescriptive actions to offer bottom line solutions.
- Website
- parentheses.systems
- Social
- Email ID
- *****@parenthesessystems.com
- Registered Address
- FLNO 2N-9 ADITYA GARDEN CITY PH IVSO 109/110 WARJE, Pune, PUNE, Maharashtra, India, 411058
Key Metrics
Founded Year
2019
Location
Pune, India
Stage
Seed
Latest Funding Round
Ranked
10th among 120 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
11 as on Aug 31, 2026
Legal entities associated with Parentheses Systems
Parentheses Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PARENTHESES SYSTEMS PRIVATE LIMITED CIN: U72900PN2019PTC188376 , India, Active | Dec 12, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Parentheses Systems's funding and investors
Parentheses Systems has raised funding over 1 round. Its latest funding round was a Seed round on Mar 02, 2023 for $*****. 1 investor participated in its latest round. Parentheses Systems has 3 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Parentheses Systems:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 02, 2023 | 7214325 | Seed | 5577678 | 3016796 | 7313466 | 1887310 |
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Parentheses Systems' founders and board of directors
Founder? Claim ProfileThe founders of Parentheses Systems are Sarang Kamalakar and Shailesh Ayachit. Sarang Kamalakar is the CEO of Parentheses Systems.
Here are the details of Parentheses Systems' key team members:
- Sarang Kamalakar: Co-Founder & CEO of Parentheses Systems and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
- Shailesh Ayachit: Former Co-Founder & CFO of Parentheses Systems.
Parentheses Systems' Board of Directors
Parentheses Systems's board has 2 active members. Sarang Kamalakar is part of team and Medha Kamalakar is independent board member.Here is the list of Parentheses Systems' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 9m | |
Independent board member | - | Current | 6y 9m |
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Parentheses Systems' employee count trend
Parentheses Systems has 11 employees as of Aug 26. Here is Parentheses Systems's employee count trend over the years:
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Parentheses Systems's Competitors and alternates
Top competitors of Parentheses Systems include Linecraft, Infinite Uptime and UGX.AI. Here is the list of Top 10 competitors of Parentheses Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud and IoT-based production analysis solutions for manufacturing industries | $1.19M | - | 48/100 | |
2nd | Infinite Uptime 2003, Alpharetta (United States), Series C | Provider of industrial intelligence platform for prescriptive maintenance and energy efficiency | $4.02M | 45/100 | |
3rd | Developer of Industrial DataOps platform providing hardware, middleware, and software | $1.06M | 44/100 | ||
4th | Brain Cube 2007, Issoire (France), Series B | Cloud based IoT and data analytics for manufacturing business | $102M | 44/100 | |
5th | Provider of production analysis software | $22.3M | 43/100 | ||
6th | Provider of manufacturing shop floor management and analytics software solutions | $462K | 40/100 | ||
7th | Solution for continuous monitoring and analysis of the production system | $2.45M | 38/100 | ||
8th | Provider of AI-based production analytics solution | $8M | 36/100 | ||
9th | IntelliSense.io 2013, Cambridge (United Kingdom), Seed | Empowering people and machines to make intelligent decisions | $7.69M | 35/100 | |
10th |  Parentheses Systems 2019, Pune (India), Seed | Provider of AI and IoT-based production analytics solution | - | 34/100 |
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Parentheses Systems's Investments and acquisitions
Parentheses Systems has made no investments or acquisitions yet.
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