# Azendian Holdings Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/azendian-holdings-pte

- Industry: Business Support Services
- Headquarters: Singapore, Singapore
- Website: www.azendian.com
- Total disclosed funding: $2.3M
- Latest round: Series A (Mar 12, 2018)
- Investors on record: 1

## About

Azendian Holdings Pte Ltd specializes in AI-driven data analytics solutions, empowering businesses with advanced tools for energy optimization and operational efficiency, particularly in the built environment sector.Founded in 2015, Azendian Holdings Pte Ltd is based in Singapore and focuses on delivering innovative AI solutions. The company has successfully completed three funding deals, including its latest Series A round, which raised USD 1.32 mn, bringing the total capital raised to USD 1.32 mn and its current valuation to USD 21.705 mn.Azendian Solutions specializes in advanced AI and data analytics products, prominently featuring its flagship offering, the EVOLV AI suite. This suite integrates machine learning techniques with operations technology to deliver data-driven solutions across various industries, primarily focusing on enhancing the built environment. One of the key modules, the EVOLV HVAC energy optimization module, is designed to significantly enhance energy efficiency in buildings, leading to reduced operational costs and a lower carbon footprint. Azendian’s solutions cater to building managers and asset owners, enabling them to make informed decisions that drive productivity and sustainability. The company actively serves markets in Singapore, Australia, Japan, Malaysia, and Vietnam, positioning its offerings to meet the unique challenges of these diverse geographical regions.In 2022, Azendian Solutions reported revenue of USD 1,559,524.50 and an EBITDA of USD 987,634.20. The company operates a B2B model focused on subscription-based services, where clients subscribe to their EVOLV AI solutions, which include ongoing support and updates that enhance product functionality. Revenue is further supported by sales of specific modules, such as the EVOLV HVAC module, ensuring stable income while helping clients achieve their sustainability goals.Azendian Holdings Pte Ltd aims to expand its product offerings with new modules for the EVOLV AI suite, enhancing capabilities in energy management and analytics. The company is strategizing to enter new markets, particularly in Southeast Asia, by the end of 2024. Recent funding raised from SEEDS Capital will support these initiatives, enabling Azendian to enhance its product development and market penetration efforts.

## Funding rounds

- Series A, Mar 12, 2018, $2.3M — ST Engineering Ventures

## Investors

- ST Engineering Ventures (https://capitalatlas.ai/funds/st-engineering-ventures) — Series A