# LogicHub

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

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.logichub.com
- Total disclosed funding: $8.4M
- Latest round: Series A (Feb 1, 2017)
- Investors on record: 2

## About

LogicHub, Inc. provides advanced software solutions that enhance business operations by streamlining project management and facilitating team collaboration, catering primarily to small and medium-sized enterprises across various industries.Founded in 2016 and headquartered in Mountain View, US, LogicHub, Inc. specializes in developing software that optimizes business processes. The company was co-founded by Kumar Saurabh and Monica Jain. In September 2022, LogicHub was acquired by Devo Technology Inc. from Nexus Venture Partners and Storm Ventures for an undisclosed amount, enhancing Devo's capabilities in delivering autonomous security operations center solutions. LogicHub has raised a total of USD 8.40 mn, with its latest funding round being a Series A in which it secured USD 8.40 mn, primarily from Nexus Venture Partners and Storm Ventures.LogicHub offers a comprehensive range of products designed to tackle specific business challenges. Their software solutions include tools for project management, team collaboration, and operational efficiency, enabling real-time communication and seamless project tracking. The company serves SMEs primarily in North America, Europe, and Asia, with products deployed in sectors such as technology, healthcare, and finance, recognized for their reliability and innovation.LogicHub operates on a subscription-based revenue model, providing clients with tiered pricing plans that grant access to their software solutions. Each plan is tailored to meet varying customer needs, facilitating recurring revenue through annual renewals. The company may also engage in B2B partnerships, further enhancing their market reach and revenue generation capabilities. Their flagship products are pivotal in ensuring customer satisfaction and retention due to their robust functionality and user-friendly design.Looking ahead, LogicHub plans to further expand its market presence by targeting new regions, including additional markets in Europe and Asia by the end of 2023. Recent funding from the Series A round will be strategically utilized to develop new software products aimed at enhancing client offerings. The acquisition by Devo Technology Inc. will enable LogicHub to integrate advanced capabilities for delivering autonomous SOC solutions, enhancing their value proposition in the cybersecurity landscape.

## Funding rounds

- Series A, Feb 1, 2017, $8.4M — Storm Ventures, Nexus Venture Partners

## Investors

- Storm Ventures (https://capitalatlas.ai/funds/storm-ventures) — Series A
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series A