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Cusmat is a Bengaluru, India-based enterprise software company that provides virtual reality and metaverse-based industrial skilling and training platforms for large corporate clients. The company utilizes artificial intelligence and internet-of-things technology to digitally recreate complex industrial facilities, allowing workers in sectors such as mining, logistics, and pharmaceuticals to safely train on high-cost machinery within immersive environments. Operating primarily through a software-as-a-service business model across the Asia Pacific and Middle East regions, the organization currently employs 78 individuals to support its daily enterprise operations. To date, the company has secured $3.5 million in Series A funding led by Arkam Ventures, supporting a growing customer base that includes recognizable corporate clients such as Vedanta, Tata Steel Mining, Schneider Electric, and Dr. Reddy's. Cusmat was founded in 2016 by Abhinav Ayan, Anirban Jyoti Chakraborty, and Soumyaranjan Harichandan.
Cusmat has raised $3.6M across 2 funding rounds.
Cusmat has raised $3.6M in total across 2 funding rounds.
Cusmat has raised $3.6M across 2 funding rounds. Most recently, it raised $3.5M Series A in February 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 7, 2023 | $3.5M Series A | Bala Srinivasa | Better Capital, Dholakia Ventures, ICE VC, Legacy Asset, MapmyIndia, Mumbai Angels, Unitus Seed Fund, Apoorva Ranjan Sharma, WE Founder Circle | Announced |
| Sep 30, 2021 | $100K Seed Plus | Neeraj Tyagi | Better Ventures, MapmyIndia, Venture Catalyst | Announced |
Cusmat has raised $3.6M in total across 2 funding rounds.
Cusmat's investors include Bala Srinivasa, Better Capital, Dholakia Ventures, Ice VC, Legacy asset, MapMyIndia, Mumbai Angels, Unitus Seed Fund, Apoorva Ranjan Sharma, We Founder Circle, Neeraj Tyagi, Better Ventures.
