Commutec Overview
- Year Founded
-
2010
- Status
-
Private
- Employees
-
92
- Latest Deal Type
-
Accelerator/Inc
- Investors
-
6
Commutec General Information
Description
Developer of a corporate mobility solution platform designed to provide employee transportation services. The company's platform offers vehicle capacity optimization, a real-time global positioning system (GPS)-based tracking, real-time updates via short message service (SMS) messaging, route planning based on patented routing algorithms, analytics, and management information system (MIS) reporting, enabling employers to offer transport services to their employees.
Contact Information
Website
www.commutec.inCorporate Office
- A-603, Sixth Floor
- BSEL Tech Park, Sector 30A 400705
- Vashi, Maharashtra 400703
- India
Corporate Office
- A-603, Sixth Floor
- BSEL Tech Park, Sector 30A 400705
- Vashi, Maharashtra 400703
- India
Commutec Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 4. Angel (individual) | Cancelled | Generating Revenue | ||||
| 3. Accelerator/Incubator | 01-Jan-2020 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 25-Apr-2019 | $71.4K | $71.4K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 01-Jan-2019 | Completed | Generating Revenue |
Commutec Comparisons
Industry
Financing
Details
Commutec Competitors (3)
One of Commutec’s 3 competitors is MoveInSync, a Venture Capital-Backed company based in Bengaluru, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MoveInSync | Venture Capital-Backed | Bengaluru, India | ||||
| Routematic | Venture Capital-Backed | Bengaluru, India | ||||
| Avis (Automotive) | Private Debt Financed | Parsippany, NJ |
Commutec Signals
Commutec Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Shell E4 | Accelerator/Incubator | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Centre for Incubation and Business Acceleration | Accelerator/Incubator | Minority |
Commutec FAQs
-
When was Commutec founded?
Commutec was founded in 2010.
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Where is Commutec headquartered?
Commutec is headquartered in Vashi, India.
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What is the size of Commutec?
Commutec has 92 total employees.
-
What industry is Commutec in?
Commutec’s primary industry is Business/Productivity Software.
-
Is Commutec a private or public company?
Commutec is a Private company.
-
What is Commutec’s current revenue?
The current revenue for Commutec is .
-
How much funding has Commutec raised over time?
Commutec has raised $90K.
-
Who are Commutec’s investors?
Shell E4, , , , and Centre for Incubation and Business Acceleration are 5 of 6 investors who have invested in Commutec.
-
Who are Commutec’s competitors?
MoveInSync, Routematic, and Avis (Automotive) are competitors of Commutec.
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