Rapidise Inc

Rapidise Inc

End-to-end IoT and AI product development services.

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DateInvestorsAmountRound
N/A

€0.0

round
*

$4.0m

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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Rapidise Inc. is an Original Design Manufacturer (ODM) that provides end-to-end services for AI-enabled and IoT-connected devices. The company's offerings cover the entire product lifecycle, including design, rapid prototyping, engineering, supply chain management, electronics manufacturing, and full product assembly.

Founded in 2021 by Brijesh Kamani, who also serves as the company's CEO, Rapidise was launched with $4 million in seed funding from Napino Tech Ventures and Teksun Microsys. Kamani has a background in technology leadership, particularly in IoT and AI, having founded Teksun Inc. in 2015. Rapidise integrates the product engineering expertise of Teksun with the advanced electronics manufacturing infrastructure of the Napino group in India. This vertical integration enables the company to handle high-volume production for various sectors, including automotive, healthcare, industrial, and consumer electronics.

The company operates on a cloud-based platform that allows clients to manage their projects, offering instant quotes and a project management dashboard. Its business model is designed to serve as a one-stop shop for startups, SMBs, and large enterprises, allowing them to focus on branding and marketing while Rapidise handles the technical development and production. The firm operates globally, with headquarters in Milpitas, California, and manufacturing and R&D facilities in India. Rapidise has delivered over one million smart IoT devices and reports over $81 million in booked orders across North America, Europe, the Middle East, and APAC.

Keywords: Original Design Manufacturer, ODM, IoT devices, AI-enabled products, electronics manufacturing, product engineering, supply chain management, rapid prototyping, PCB assembly, Brijesh Kamani, Napino Tech Ventures, Teksun Microsys, connected devices, hardware manufacturing, embedded systems, AIoT, smart manufacturing, full product assembly, turnkey solutions, automotive electronics, industrial IoT

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