# Hertzwell

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hertzwell

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.hertzwell.com
- Total disclosed funding: $1M
- Latest round: Seed (Aug 29, 2018)
- Investors on record: 2

## About

Hertzwell is a technology company that offers innovative solutions aimed at enhancing operational efficiency for businesses across sectors, with a focus on data analytics and project management software.Founded in 2017 by Dutta Jyoti in Singapore, Hertzwell specializes in technology solutions for various industries. The company raised USD 0.99 mn in Seed funding from SGInnovate and Vertex Ventures Southeast Asia & India on August 29, 2018, marking a pivotal point in its growth strategy.Hertzwell specializes in providing innovative technology solutions designed to enhance operational efficiency and streamline processes for businesses across various sectors. Their core offerings include advanced software platforms that support data analytics, project management, and customer relationship management (CRM). These solutions are tailored to address specific challenges faced by industries such as logistics, healthcare, and retail, targeting a clientele ranging from small to medium-sized enterprises to large corporations across the Asia-Pacific region, particularly in Singapore, Malaysia, and Indonesia.In 2019, Hertzwell generated revenue of USD 28,193.4 and reported an EBITDA of -USD 491,132.7. The company generates revenue through a structured transaction model that incorporates subscription-based services, allowing clients to engage with Hertzwell by subscribing to their software platforms, which typically require an annual or monthly fee based on the level of service and number of users.Hertzwell is focused on expanding its product offerings and market presence. The company plans to launch new software solutions designed to enhance its service capabilities in 2023. Furthermore, Hertzwell aims to penetrate additional markets within Southeast Asia, targeting Malaysia and Indonesia by 2025. The Seed funding raised in August 2018 will be utilized to support these initiatives, enabling the development of advanced products and the expansion of their geographic footprint.

## Funding rounds

- Seed, Aug 29, 2018, $1M — Vertex Ventures Southeast Asia & India, SGInnovate

## Investors

- Vertex Ventures Southeast Asia & India (https://capitalatlas.ai/funds/vertex-ventures-southeast-asia-india) — Seed
- SGInnovate (https://capitalatlas.ai/funds/sginnovate) — Seed