Sandip Ranjhan
- CEO and Co-Founder at CerebrumX
GetLatka interview
How CerebrumX Reached $600K ARR with 7 Customers in 2022 on a Connected Vehicle Data Platform (Interview with CEO Sandip Ranjhan)
Sandip Ranjhan (CEO and Co-Founder of CerebrumX) spoke to Nathan Latka on November 1, 2022.
CerebrumX figures from the interview
- ARR (2022)
- $600K
- Customers (2022)
- 7
- Team Size (2022)
- 39
- Total Funding
- $5.5M
- Monthly Burn (2022)
- $150K
“So what we do is when we get the data from the vehicle, we process this in the cloud and then there is a machine learning platform which really turns out information out of the data. So for example, driving behavior. Right? So so a lot of the machine learning goes into it, looking and analyzing the previous data to come up with some kind of a model with scores, which provides more insights, and which is continuously learning. Right?”
“That hardware is already there in your vehicle. Every vehicle already has a modem built in just like your mobile phone. Every vehicle already has a modem which is already built in. So from the perspective of enabling the data that already exists, that data already exists, right. So what is happening is that once you give a consent that data gets sent to the cloud and then it gets handed over to cerebrumx.”
“So our sweet spot when it starts with it's something around thousand vehicles, thousand to two thousand. That's that's what we start with. That's then we scale up.”
Bio
Sandip Ranjhan is the CEO and Co-founder of CerebrumX, a company that focuses on unlocking the value of connected vehicle. Prior to CerebrumX, he served as the SVP and GM of Automotive Service Business Unit at Harman International leading the Connected Automotive Cloud, Aftermarket, OTA and Cybersecurity business. With over 28 years of experience in the automotive and communication industry, he has extensive experience in creating and successfully launching secure cloud based IoT services that enhance the experience and contribute to sustainability aspects.