Zan Compute

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Zan Compute - overview

Established

2014

Location

Santa Clara, CA, US

Primary Industry

Software

About

Zan Compute delivers innovative IoT and AI solutions designed for smart building management, enhancing operational efficiency through advanced technologies and automated janitorial services. Zan Compute focuses on integrating IoT and AI for smart building management solutions. Founded in 2014 by Junaith Shahabdeen, the company is headquartered in Santa Clara, US. Its sole funding round was in January 2019, when it raised an undisclosed amount of Seed funding led by Daycon Products Co.


, Inc. and Impala Ventures, with additional backing from Bobrick Washroom Equipment, Inc. and other investors. The firm has executed one deal to date.


Zan Compute specializes in advanced IoT and AI solutions for smart building management, particularly for janitorial services and operational efficiency. Key products include the ZanWave occupancy sensor, which employs radar technology for monitoring occupancy and traffic patterns in various building areas, including restrooms and common spaces. These sensors enable real-time tracking of consumables, ensuring optimal supply levels and timely cleaning schedules. Additionally, the Zanitor AI engine automates cleaning and maintenance processes based on occupancy data, enhancing labor utilization and reducing operational costs.


Zan Compute's client base spans various sectors, including retail, healthcare, hospitality, and education, with a strong focus on commercial properties across North America, Europe, and Asia. Zan Compute generates revenue through a subscription-based model for its IoT and AI-driven building management solutions, fostering long-term partnerships with clients in diverse industries. Contracts typically involve annual or multi-year agreements for access to their software platform and sensor technologies, with fees correlating to the number of sensors deployed and services utilized. The ZanWave and Zanitor systems are integral to their offerings, facilitating automated management of janitorial services and consumable supplies.


This revenue structure aims to provide scalable solutions that adapt to clients' facility management needs, ensuring efficient service delivery and significant cost reductions in operational expenditures. Zan Compute plans to leverage its recent Seed funding raised in January 2019 to support the development of new products and expand its market presence. The company is currently designing enhanced versions of its occupancy sensors and AI systems, aiming for a release in late 2023. There are specific plans to penetrate additional markets in the Asia Pacific region by 2024, focusing on adapting solutions to local facility management challenges.


The funding will be utilized to bolster research and development efforts and to implement strategies for targeted market entry.


Current Investors

Bobrick Washroom Equipment, Inc., Impala Ventures, Daycon Products Co., Inc.

Primary Industry

Software

Sub Industries

Data Centers, Analytics & Performance Software

Website

www.zancompute.com

Verticals

Artificial Intelligence

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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