# Netra

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.netra.io
- Total disclosed funding: $2.4M
- Latest round: Seed (May 12, 2016)
- Investors on record: 4

## About

Netra, Inc. is a technology company that provides innovative solutions aimed at enhancing operational efficiency and customer engagement across various industries.Founded in 2013 and headquartered in Boston, US, Netra, Inc. specializes in advanced technology solutions tailored for mid to large-sized enterprises. The company was acquired in June 2023 by Claravine, Inc. from several investors including Berwind Group and Zelkova Ventures. The founders, Rauf Aliyev and Shashi Kant, have a history of entrepreneurship, with Amit Phansalkar currently serving as CEO. Netra has secured USD 0.49 mn in total funding across five deals.Netra, Inc. offers a diverse range of innovative products and services designed to solve specific challenges in industries such as healthcare, finance, and logistics. Their core offerings focus on advanced technology solutions that integrate seamlessly into existing systems, enabling clients to enhance operational efficiency and customer engagement. The company primarily serves mid to large-sized enterprises and has established a strong client base in North America and Europe, focusing on optimizing resource management and improving performance.Netra's revenue model incorporates both direct-to-consumer sales and B2B partnerships, ensuring a diversified income stream. Clients typically subscribe to access Netra's flagship products, which are noted for their reliability and effectiveness. Pricing plans are flexible based on service tiers chosen, while relationships with retailers and wholesalers broaden the company’s distribution capabilities, positioning it to meet market demand.In light of the acquisition by Claravine, Inc. on June 16, 2023, Netra, Inc. aims to leverage its innovative technology to enhance Claravine's artificial intelligence platform. Future growth strategies include launching new products that improve operational efficiencies and expanding into additional markets, particularly targeting sectors that align with Claravine's offerings. The financial backing from the acquisition will be utilized to support these initiatives and drive further development of their technology solutions.

## Funding rounds

- Seed, May 12, 2016, $2.4M — Berwind Group, Zelkova Ventures, Launchpad Venture Group, NXT Ventures

## Investors

- Berwind Group (https://capitalatlas.ai/funds/berwind-group) — Seed
- Zelkova Ventures (https://capitalatlas.ai/funds/zelkova-ventures) — Seed
- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Seed
- NXT Ventures (https://capitalatlas.ai/funds/nxt-ventures) — Seed