KloudGin, Inc.

KloudGin, Inc. specializes in providing integrated Work and Asset Management solutions, aimed at enhancing operational efficiency for the utilities sector and similar industries. Founded in 2014 and headquartered in Sunnyvale, US, KloudGin, Inc. offers a mobile workforce platform for utilities.

The company has undertaken a Series A funding round led by Cloud Apps Capital Partners that raised USD 8. 20 mn. The most recent deal was finalized on September 9, 2020. KloudGin delivers a comprehensive suite of products, including the KloudGin Field and Asset Operating System.

This platform integrates asset, workforce, and construction management, providing real-time insights to improve operational efficiency and service quality for a range of clients in North America and Europe, including utility providers and municipalities in the water, gas, and electricity sectors. The company operates on a subscription-based model for its cloud-native software offerings, which encompass the KloudGin Core and various specialized modules like KloudGin Work Management and Enterprise Asset Management. Clients typically engage in annual or multi-year subscriptions, tailored to their operational needs, with provisions for scalability. Additional revenue streams are generated through partnerships with technology providers and integrations with platforms such as SAP and Esri GIS.

KloudGin's strategy for future growth involves developing new products and expanding its market reach. Following their recent funding round, the company aims to enhance its product offerings and penetrate additional geographic markets. The funding from the Series A round will support these initiatives, allowing KloudGin to advance its capabilities as it works towards launching new solutions and exploring opportunities in untapped regions.