LogFuze is an IoT Analytics Company based in Chennai. Founded in 2013 by @VenkadesanVelu, the company is dedicated to providing real-time machine data analytics and business intelligence for various industries. With a team boasting over 20 years of experience across prominent organizations like ZOHO Corporation, NAPC, CITIBANK, and Microsoft, LogFuze specializes in AI-powered IoT solutions for Cold Storage, Retail, Dairy, and Manufacturing industries. The company offers innovative smart wireless energy monitoring and controlling solutions designed for diverse sectors, enabling real-time energy data analysis and efficient operations. By connecting essential devices to the cloud platform, LogFuze aims to reduce energy billing by up to 24% for manufacturing facilities and retail outlets, while also enhancing machine performance for various equipment such as Silo, Freezer, and CNC machines. In addition to its energy-focused solutions, LogFuze is also committed to digitalizing the dairy supply chain through data acquisition and machine learning. The company's ChaaS™ platform works to digitize and optimize Milk Production, Milk Procurement, and Cold-chain Management, ultimately helping dairy farmers and cooperatives maximize profits while minimizing effort. The company's most recent investment came in the form of a $250.00K Seed Round investment on 06 April 2016. While further details about the specific investors were not provided, LogFuze's strategic focus on IoT analytics and energy-efficient solutions demonstrates a promising trajectory for potential venture capital interest.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | $250.00K | - | 06 Apr 2016 | |
Seed Round | $200.00K | - | 18 Feb 2015 |
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