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ThingsCloud - About the company

ThingsCloud is a seed company based in Bengaluru (India), founded in 2014 by Amruth Puttappa and Anusheel Nahar. It operates as an AI and SaaS-driven building energy management systems provider. ThingsCloud has raised $891K in funding from Livguard and Sanctity Industries, with a current valuation of $*****. The company has 5507 active competitors, including 752 funded and 497 that have exited. Its top competitors include companies like Enphase Energy, SolarEdge and Landis+Gyr.

Company Details

AI and SaaS-driven building energy management systems provider. It provides clean tech electronics for the industry. The platform provides a device that can monitor energy consumption from any device at home or the workplace. It offers a solar grid tie inverter that connects to the roof-top Solar PV and supplies power back to the grid.
Social
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Email ID
*****@thethingscloud.com
Registered Address
No. 5 AC-720, Hennur-Banaswadi Road, HRBR Layout, 1st block, 5th A Cross, Kalyananagara , Bangalore Unclassified KA 560043
Key Metrics
Founded Year
2014
Location
Bengaluru, India
Stage
Seed
Total Funding
$891K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 17, 2022
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
3 as on Jun 30, 2026
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ThingsCloud's funding and investors

ThingsCloud has raised a total funding of $891K over 2 rounds. Its first funding round was on Jun 23, 2017. Its latest funding round was a Seed round on Feb 17, 2022 for $*****. 1 investor participated in its latest round. ThingsCloud has 5 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of ThingsCloud:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 17, 2022
1754500
Seed
4771702
7967146
3270155
9373421
Jun 23, 2017
5301492
Seed
8199001
6508806
3298110
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ThingsCloud's founders and board of directors

Founder? Claim Profile
The founders of ThingsCloud are Amruth Puttappa and Anusheel Nahar.
Here are the details of ThingsCloud's key team members:

ThingsCloud's Board of Directors

ThingsCloud's board has 2 active members. Amruth Puttappa and Anusheel Nahar are part of team.
Here is the list of ThingsCloud's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 1m
pcsgqgw
Team
-
Past
1y 9m
rw{mpwk
Independent board member
-
Past
6y 4m

ThingsCloud's employee count trend

ThingsCloud has 3 employees as of Jun 26. Here is ThingsCloud's employee count trend over the years:
Employee count trend for ThingsCloud
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ThingsCloud's Competitors and alternates

Top competitors of ThingsCloud include Enphase Energy, SolarEdge and Landis+Gyr. Here is the list of Top 10 competitors of ThingsCloud, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Enphase Energy
Enphase Energy
2006, Fremont (United States), Public
Manufacturer of micro-inverter and energy storage systems
$100M
81/100
2nd
Logo for SolarEdge
SolarEdge
2006, Herzliya (Israel), Acquired
Manufacturer of smart solar inverters
$96.8M
80/100
3rd
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
4th
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
73/100
5th
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
72/100
6th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
71/100
7th
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
70/100
8th
Logo for Bidgely
Bidgely
2011, Mountain View (United States), Series C
Provider of a solution for consumers to monitor and manage their household energy use
$87.7M
69/100
9th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
69/100
10th
Logo for Fracttal
Fracttal
2014, Santiago (Chile), Series C
Cloud-based enterprise asset management solutions
$52.3M
69/100
582nd
Logo for ThingsCloud
ThingsCloud
2014, Bengaluru (India), Seed
AI and SaaS-driven building energy management systems provider
$891K
39/100
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ThingsCloud's Latest cap tables and shareholding

Founders (largest shareholder) own 37.11%, Funds own 0.86%, Enterprises own 14.51% and Angels own 0.91%. The net worth of ThingsCloud's founders is INR 7.16Cr as of Feb 17, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
37.11%
7.16Cr
8523787
3926755
3938245
5375667
2301471
5909147
4930336
8708044
5277289
4638194
Fund
0.86%
16.7L
0
0
0
0
Enterprise
14.51%
2.8Cr
3423302
1132627
6635685
7702950
Angel
0.91%
17.5L
0
0
0
0
Other People
31.07%
6Cr
6482865
3857625
2518340
6278251
ESOP Pool
15.54%
3Cr
5472361
6786143
3503489
8587079
Total
100.00%
19.3Cr
3248023
2347226
1102954
2715375
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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 ThingsCloud's Shareholding

ThingsCloud's Investments and acquisitions

ThingsCloud has made no investments or acquisitions yet.

Reports related to ThingsCloud

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News related to ThingsCloud

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