Netra, 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.

Netra, Inc. - overview

Established

2013

Location

Boston, MA, US

Primary Industry

Software

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.


Current Investors

Berwind Group, Zelkova Ventures, Launchpad Venture Group

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Content Management Software

Website

www.netra.io

Verticals

Artificial Intelligence, Artificial Intelligence, Cloud Computing

Company Stage

Add-on

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.