When was SustLabs founded?

SustLabs was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is SustLabs located?

SustLabs is headquartered in Mumbai, India. It is registered at CM-10, SINE Office, 3rd floor, CSRE Building, IIT Bombay, Powai, Mumbai, Maharashtra, India, 400076.

Who is the current CEO of SustLabs?

Kaushik Bose of SustLabs. They have also founded 1 company.

Which legal entities is SustLabs associated with?

SustLabs is associated with SUSTAINABLE REFERENCE ANALYTICS PRIVATE LIMITED.

How many employees does SustLabs have?

As of Jul 31, 2025, the latest employee count at SustLabs is 13.

Is SustLabs a funded company?

SustLabs is a funded company, having raised a total of $2.24M across 14 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Feb 24, 2017.

How much is SustLabs worth?

The latest valuation of SustLabs is $***** as of Apr 16, 2025.

When was the latest funding round of SustLabs?

SustLabs' latest funding was a $***** Seed round on Apr 16, 2025, with participation from 4 investors.

What is the annual revenue of SustLabs?

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

Where does SustLabs rank among its competitors?

SustLabs ranks 108th amongst 4962 active competitors, of which 708 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of SustLabs?

SustLabs' top competitors include Landis+Gyr, Metronome and SPAN. Among them, Sense secured the most recent funding round in January, 2026.

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

SustLabs is a seed company based in Mumbai (India), founded in 2016 by Kaushik Bose and Soumya Bhattacharya. It operates as a Provider of IoT-based energy consumption monitoring solutions. SustLabs has raised $2.24M in funding from investors like SINE, Oracle and Agami, with a current valuation of $*****. The company has 4962 active competitors, including 708 funded and 447 that have exited. Its top competitors include companies like Landis+Gyr, Metronome and SPAN.

Company Details

Provider of IoT-based energy consumption monitoring solutions. Its solution is designed to help households and small offices track and optimize their energy usage. Its product, Ohm, provides real-time insights into energy consumption patterns, enabling users to make informed decisions to reduce their energy footprint. With a focus on sustainability, It aims to empower individuals and organizations to adopt energy-efficient practices and contribute to a more environmentally friendly future. It helps businesses with informed energy management decisions.

Website: sustlabs.com
Social
Email ID: *****@sustlabs.com
Phone Number: +91 **********
Registered Address: CM-10, SINE Office, 3rd floor, CSRE Building, IIT Bombay, Powai, Mumbai, Maharashtra, India, 400076

Key Metrics

Founded Year

2016

Location

Mumbai, India

Stage

Seed

Total Funding

$2.24M in 14 rounds

Latest Funding Round

Seed, Apr 16, 2025, $*****

Post Money Valuation

$***** as on Apr 16, 2025

Investors

SINE & 52 more

Ranked

108^th among 4962 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

13 as on Jul 31, 2025

Similar Companies

Landis+Gyr & 2497 more

View SustLabs' full profile

SustLabs is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SUSTAINABLE REFERENCE ANALYTICS PRIVATE LIMITED CIN: U74999MH2016PTC285850 , India, Active	Sep 14, 2016	0 - ₹10 Cr (As on Mar 31, 2025)	22 (As on Nov 01, 2025)

SustLabs has raised a total funding of $2.24M over 14 rounds. Its first funding round was on Feb 24, 2017. Its latest funding round was a Seed round on Apr 16, 2025 for $*****. 4 investors participated in its latest round. SustLabs has 14 institutional investors and 39 angel investors.

Here is the list of recent funding rounds of SustLabs:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 16, 2025	5284674	Seed	4568085	5784284	6903402	3401272
Mar 29, 2024	3201973	Seed	9434618	8138368	7297688	SINE
Dec 19, 2023	2125037	Grant (prize money)	8486627	3733251	1629701	Panasonic Ignition

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View details of SustLabs's funding rounds and investors

The founders of SustLabs are Kaushik Bose and Soumya Bhattacharya. Kaushik Bose is the CEO of SustLabs.

Here are the details of SustLabs' key team members:

Kaushik Bose: Co-Founder & CEO of SustLabs and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Soumya Bhattacharya: Co-Founder & CFO of SustLabs. They serve on the board of 1 company.
Contact Info: 1 phone number

SustLabs' Board of Directors

SustLabs's board has 2 active members. Kaushik Bose and Soumya Bhattacharya are part of team.

Here is the list of SustLabs' board of directors:

Name	Type	Representing	Status	Duration
Kaushik Bose	Team	-	Current	9y 10m
Soumya Bhattacharya	Team	-	Current	8y 3m

View details of SustLabs's Founder profiles and Board Members

SustLabs' employee count trend

SustLabs has 13 employees as of Jul 25. The total employee count is 225.0% more than what it was in Jul 24. Here is SustLabs's employee count trend over the years:

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Top competitors of SustLabs include Landis+Gyr, Metronome and SPAN. Here is the list of Top 10 competitors of SustLabs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Landis+Gyr 1896, Cham (Switzerland), Acquired	Manufacturer of electric meters and grid edge data management software	$1.03B	Triodos Investment Management, Hudson Clean Energy Partners ... & 3 others	77/100
2nd	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, Andreessen Horowitz ... & 17 others	73/100
3rd	SPAN 2014, San Francisco (United States), Series C	Smart energy management technology platform that modernizes residential electrical systems	$419M	Wellington, Fifth Wall & 33 others	72/100
4th	Sense 2013, Cambridge (United States), Series D	Smart energy platform providing real-time electricity usage insights for homes and utilities	$177M	IDO Investments, Blue Earth Capital & 21 others	71/100
5th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Oak Investment Partners, Venrock & 18 others	70/100
6th	Bidgely 2011, Mountain View (United States), Series C	Provider of a solution for consumers to monitor and manage their household energy use	$87.7M	Khosla Ventures, Georgian & 11 others	69/100
7th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	69/100
8th	Fracttal 2014, Santiago (Chile), Series C	Cloud-based enterprise asset management solutions	$52.3M	Riverwood Capital, Seaya & 8 others	69/100
9th	Tibber 2016, Stockholm (Sweden), Series C	Provider of a digital platform for electricity consumption management and insights	$177M	Founders Fund, Balderton Capital & 10 others	69/100
10th	Smart Joules 2014, Delhi (India), Series B	Provider of AI-powered energy efficiency solutions for commercial buildings	$20.7M	Asian Development Bank, Aarem Ventures & 26 others	68/100
108th	SustLabs 2016, Mumbai (India), Seed	Provider of IoT-based energy consumption monitoring solutions	$2.24M	SIDBI, 100Unicorns & 51 others	54/100

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Founders (largest shareholder) own 40.24%, Funds own 18.04%, Enterprises own 0.94% and Angels own 21.33%. The net worth of SustLabs's founders is INR 23.5Cr as of Apr 16, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	40.24%	23.5Cr	8169819	3572792	1906291	6389364
Kaushik Bose	5158357	5568806	7793469	8466190	1475563	9584377
Soumya Bhattacharya	3490181	6029390	2751520	1345999	6806266	2218211
Fund	18.04%	10.5Cr	1261505	8251147	3841857	4043650
Peak Sustainability Ventures	23166	16988	89579	55042	68814	68845
Waimea Bay Investments	6	6	4	5	3	6
Blume Venture	0	0	0	0	0	0
Agami	0	0	0	0	0	0
Enterprise	0.94%	54.7L	0	0	0	0
Angel	21.33%	12.5Cr	7234922	1488959	6102479	7708355
Suraj Nalin	0	0	0	0	0	0
Raghav Singhal	0	0	0	0	0	0
Anirudh Kamani	0	0	0	0	0	0
Other People	11.91%	6.96Cr	7559652	2105333	8806658	3364220
ESOP Pool	7.53%	4.4Cr	2080710	9322199	7514122	9385096
Total	99.99%	58.4Cr	8082011	5343000	4680628	4558058