Locanix is a former IoT Platforms company based in Ahmedabad, founded in 2012.
Locanix revenue
Locanix has not published its revenue. GetLatka estimates it at about $1.5M a year (December 2023).
All 2 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $1.1M | – |
| Dec 2023 | $1.5MEST. | GetLatka estimate |
– source not recorded
Locanix funding rounds & investors
Locanix has raised $300K in one round, in June 2016.
| Date | Round | Raised |
|---|---|---|
| Jun 2016 | Funding round | $300K |
| Total raised | $300K |
Locanix competitors
Locanix competes most directly with Samsara and Spireon.
Samsara
SpireonLocanix CEO, founders & employees
Ruchit Surati founded Locanix in 2012 and led it as CEO. Locanix had 12 employees (December 2023, LinkedIn).
- Ruchit SuratiFounder & CEO
All 2 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2023 | 12 | |
| Apr 2021 | 16 | – |
Locanix FAQ
Is Locanix still in business?
No. Locanix has shut down.
What was Locanix's revenue?
GetLatka estimates Locanix's revenue at about $1.5M a year (December 2023). The company hasn't published its own figure.
How much funding has Locanix raised?
Locanix raised $300K in one funding round before it shut down, in June 2016.
How many employees does Locanix have?
Locanix had 12 employees in December 2023, according to LinkedIn.
Who founded Locanix?
Ruchit Surati founded Locanix in 2012.
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How this page is sourced
1 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Dec 10, 2023Data disclaimerReport a correction