Machfu
2015
FOUNDED
PRIVATE
STATUS
Series A1
LATEST DEAL TYPE
$3.75M
LATEST DEAL AMOUNT
10
INVESTORS
Description
Developer of a connectivity platform created to simplify the Industrial Internet of Things (IIoT) from edge to enterprise. The company's technology connects data at the edge sensors, controllers or equipment to the rest of the enterprise and imitates the virtual structures of traditional desktop and smartphone operating systems, providing companies the ability to securely connect their existing information sources, remotely configure devices and quickly build out mobile applications.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronic Equipment and Instruments
Other Industries
Business/Productivity Software
Primary Office
- The Grove 270
- 9200 Corporate Boulevard, Suite 470
- Rockville, MD 20850
- United States
+1 (301) 000-0000
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Machfu Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Early Stage VC (Series A1) | 16-Dec-2019 | $3.75M | 00.000 | 000.00 | Completed | Profitable |
| 8. Grant | 04-Sep-2019 | 000 | 00.000 | Completed | Profitable | |
| 7. Accelerator/Incubator | 01-Jan-2018 | 00.000 | Completed | Profitable | ||
| 6. Early Stage VC (Series A1) | 28-Aug-2017 | 00.00 | 00.000 | 000.00 | Completed | Profitable |
| 5. Grant | 03-Aug-2017 | 000 | 00000 | Completed | Profitable | |
| 4. Seed Round | 26-Jul-2017 | 00000 | 00000 | 00.000 | Completed | Profitable |
| 3. Accelerator/Incubator | 01-Jan-2017 | Completed | Profitable | |||
| 2. Grant | 05-Jul-2016 | $150K | Completed | Profitable | ||
| 1. Accelerator/Incubator | Completed | Startup |
Machfu Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-2 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Series A-1 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Seed A-2 | 343,985 | $0.010000 | $0.29 | $3.66 | $3.66 | 1x | $3.66 | 9.96% |
| Seed A-1 | 1,648,956 | $0.010000 | $0.37 | $5.23 | $5.23 | 1x | $5.23 | 47.75% |
Machfu Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| CSL Capital Management | PE/Buyout | Minority | 000 0000 | 000000 0 | ||
| Texas Halo Fund | Angel Group | Minority | 000 0000 | 000000 0 | ||
| Texas Ventures | PE/Buyout | Minority | 000 0000 | 000000 0 | ||
| Blu Venture Investors | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Plug and Play Tech Center | Accelerator/Incubator | Minority | 000 0000 | 000000 0 |
Machfu Executive Team (4)
Machfu Board Members (4)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Abhinav Jain | CSL Capital Management | Board Member | 000 0000 | |
| Pradeep Kaul | Blu Venture Investors | Board Member | 000 0000 | |
| Prakash Chakravarthi Ph.D | Machfu | Founder, Chief Executive Officer and Board Member | 000 0000 | |
| Tim Winter | Machfu | Co-Founder, Chief Technology Officer & Board Member | 000 0000 |