Resync Technologies Pte Ltd

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Resync Technologies Pte Ltd - overview

Established

2017

Location

-, -, Singapore

Primary Industry

Software

About

Resync Technologies Pte Ltd offers AI-driven energy management solutions that enhance energy efficiency, reduce operational costs, and promote sustainability across multiple sectors. Founded in 2017 in Singapore, Resync specializes in AI-powered energy management solutions. Emir Nurov, the CEO and co-founder, has previously founded other companies. The firm raised USD 2.


00 mn in Series A funding on May 30, 2022, from Granite Asia, bringing the total amount raised to USD 2. 00 mn, with a current valuation of USD 9. 00 mn. Resync specializes in AI-driven energy management solutions designed to enhance energy efficiency, reduce operational costs, and promote sustainability across various sectors.


Their core offerings include a comprehensive energy management platform that enables real-time monitoring of energy assets, automated control actions, and AI-powered analytics for optimizing energy consumption. The platform integrates seamlessly with existing Building Management Systems (BMS) and supports the management of various IoT assets such as solar systems, indoor air quality sensors, and water systems. Resync serves a diverse client base, including commercial buildings, educational institutions, hotels, and hospitals, primarily focused on markets in Southeast Asia and increasingly expanding into larger Asian markets. The solutions are designed to address the pressing challenges of energy inefficiency and carbon footprint reduction, thereby supporting clients in their sustainability journeys.


In the most recent fiscal year of 2023, Resync reported a revenue of USD 184,684. 90 and an EBITDA of USD -1,075,867. 90. The revenue model is based on subscription services for its AI-powered energy management solutions, with clients engaging through direct agreements for the energy management platform and additional services.


Following the Series A funding of USD 2. 00 mn raised on May 30, 2022, Resync Technologies Pte Ltd plans to innovate their energy cloud platform while expanding their presence in the Asia Pacific and Middle East regions. The funding will support the development of advanced capabilities for their services and facilitate entry into new markets.


Current Investors

Granite Asia, SGInnovate, Entrepreneur First

Primary Industry

Software

Sub Industries

Power & Utilities, Software

Website

www.resynctech.com

Verticals

Artificial Intelligence

Company Stage

Series A

Total Amount Raised

Subscriber access only

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