# DeTect Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/detect-technologies-private

- Industry: Industrial Machinery
- Headquarters: Chennai, India
- Website: www.detecttechnologies.com
- Total disclosed funding: $38M
- Latest round: Series B (Jul 11, 2022)
- Investors on record: 12

## About

DeTect Technologies specializes in advanced workplace safety and productivity solutions, offering innovative AI-driven products that enhance operational efficiency and risk management in various industries.Established in 2013 and headquartered in Chennai, India, DeTect Technologies focuses on improving workplace safety through its flagship product, T-Pulse. The company was co-founded by Daniel David, Harikrishnan S., Kumar Abhishek, Ravi K, and Tarun Mishra. In July 2022, DeTect Technologies raised INR 1,953.25 million in Series B funding, led by Prosus Ventures, with participation from several investors including Accel and Shell Ventures. The company has participated in a total of 6 investment deals.DeTect Technologies specializes in advanced workplace safety and productivity solutions, primarily through its flagship product, T-Pulse. Launched to provide continuous monitoring and proactive visibility, T-Pulse employs artificial intelligence to assess workplace environments, identifying potential risks and improvement opportunities. This system operates 24/7, allowing organizations to implement predictive interventions swiftly. Major clients like Hindustan Zinc Limited and Shell utilize T-Pulse to enhance health, safety, and environmental (HSE) practices in industries such as oil and gas, logistics, and manufacturing.In the most recent financial year 2022, DeTect Technologies reported a revenue of INR 1,083,292.70 and an EBITDA of INR -3,654,736, reflecting their ongoing investment in product development and operational expansion.In July 2022, DeTect Technologies concluded a Series B funding round of INR 1,953.25 million, led by Prosus Ventures. The company plans to utilize this funding to expand its sales and operations in international markets, particularly in North America and Europe, while also enriching its product suite. These initiatives are aimed at enhancing their market presence and providing innovative solutions to a broader client base.

## Funding rounds

- Series B, Jul 11, 2022, $25M — Accel, Shell Ventures, Elevation Capital, BlueHill Asset Management, Prosus Ventures, Bharat Innovation Fund
- Series A, Apr 6, 2022, $1.6M — Shell Ventures
- Series A, Jul 21, 2021, $8.3M — Accel, Elevation Capital, Axilor Ventures, Bharat Innovation Fund, Stride Ventures, BlueHill Capital
- Series A, Oct 31, 2018, $3.2M — Keiretsu Forum, Elevation Capital, BlueHill Asset Management, Axilor Ventures, Bharat Innovation Fund
- Seed, Aug 16, 2017 — Keiretsu Forum, IIMA Ventures, Axilor Ventures, AJ Ventures

## Investors

- Keiretsu Forum — Seed, Series A
- IIMA Ventures (https://capitalatlas.ai/funds/iima-ventures) — Seed
- Axilor Ventures (https://capitalatlas.ai/funds/axilor-ventures) — Seed, Series A
- AJ Ventures (https://capitalatlas.ai/funds/aj-ventures) — Seed
- Elevation Capital — Series A, Series B
- BlueHill Asset Management (https://capitalatlas.ai/funds/bluehill-asset-management) — Series A, Series B
- Bharat Innovation Fund (https://capitalatlas.ai/funds/bharat-innovation-fund) — Series A, Series B
- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B
- Stride Ventures — Series A
- BlueHill Capital (https://capitalatlas.ai/funds/bluehill-capital) — Series A
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A, Series B
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series B
