Cumulus Digital Systems, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Cumulus Digital Systems, Inc. - overview
Established
2018
Location
Cambridge, MA, US
Primary Industry
Software
About
Cumulus Digital Systems, Inc. specializes in providing digital solutions for quality management, particularly in the construction and maintenance sectors through its innovative software technology. Cumulus Digital Systems, Inc. is focused on delivering solutions for managing quality control and workforce training.
Founded in 2018 in Cambridge, US, by Chizuruoke Chikwendu, Joshua Napoli, Justin Wolf, Mark Litke, Matthew Kleiman, Meghan Golden, and Shirshak Sharma, the company raised USD 8. 00 mn in a GROWTH funding round on December 17, 2020, led by GEC with participation from Brick & Mortar Ventures and Shell Ventures. It has executed a total of 2 deals. Cumulus Digital Systems, Inc.
primarily offers its flagship product, the Quality Execution System (QES), designed to manage quality control and workforce training across construction and maintenance activities. The QES allows users to digitize work procedures, facilitating tasks such as bolted joint inspections and pressure testing while ensuring real-time tracking of work quality. The technology caters to industries including energy, construction, manufacturing, data centers, and renewables, serving clients like plant managers and project managers across North America, Europe, and Asia-Pacific with over 7 million successful work completions reported. Cumulus generates revenue through a subscription-based model for its Quality Execution System (QES), which is critical for quality management in various industries.
Clients subscribe to its service to access features that enhance workflow efficiency and reduce rework. The pricing structure includes tiered subscription levels tailored to different organizational needs, aligning with the requirements of users in the construction and maintenance sectors. Cumulus Digital Systems, Inc. plans to use the USD 8.
00 mn raised in the GROWTH funding round to expand its team in North America and Southeast Asia. The company aims to develop new products to enhance its offerings, although specific details on upcoming releases have not been disclosed. Additionally, Cumulus is targeting expansion into new markets in these regions to broaden its reach and customer base.
Current Investors
Shell Ventures, Alumni Ventures Group, Brick & Mortar Ventures
Primary Industry
Software
Sub Industries
Data Centers, Connectivity Software
Website
www.cumulusds.com
Verticals
IoT (Internet of Things)
Company Stage
Growth Stage/Expansion
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.