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CUSMAT logo — Skilling Metaverse

CUSMAT

Skilling Metaverse

Founded 2016 India India 67 employees Series A Total: $53.10M Education, Information Technology

General Information

Company Name CUSMAT
Founded Year 2016
Location India India +1
Founders / Decision Makers
Team member
Employees 67
Industries Education, Information Technology
Funding Stage Series A
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About CUSMAT

CUSMAT is a Skilling Metaverse that aims to revolutionize the workforce training sector in India. Founded in 2016, CUSMAT offers standardized training solutions to enhance productivity, reduce accidents, and minimize running costs across various industries such as Mining & Infrastructure, Logistics, Warehousing, Manufacturing, OEM, and Healthcare. Recognizing the limited formal vocational training in India, CUSMAT targets a smart and skilled workforce, addressing the needs of the massive 501 million workforce in the country. The company has gained the trust of industry stalwarts including Schneider Electric, DHL, MOIL, Thriveni Earthmovers, Vedanta, Voltas, Hindustan Zinc, DTDC, NCL, IMFA, UCIL, and others, deploying a wide range of customized products including Operator-based & Skill-based simulators. Furthermore, it has received significant backing from prominent VCs such as Arkam Ventures, Better Capital, Unitus, 9 Unicorns, Venture Catalysts, WFC, MapmyIndia, and others, with a $3.50M Series A investment being the latest milestone on 07 February 2023. With a focus on hyper-growth, CUSMAT is poised to make a substantial impact by up-skilling workforces, thereby positioning itself as a key player in transforming organizations through advanced training solutions in the Indian market. This reflects an exciting opportunity for potential investors and stakeholders in the education and information technology sectors.

Taxonomy: Skilling Metaverse, Training Solutions, Productivity, Safety, Workforce Training, Simulators, Vocational Training, Smart Workforce, Industrial Training, Virtual Reality, Augmented Reality, Industrial Automation, VC Funding, Digital Transformation, Skill Development

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 10
Investor Investor Investor Investor Investor Investor Investor
•••• •••• 		07 Feb 2023
Seed Round •••••• - 16 Sep 2022
Series A •••••• - 27 May 2022
Seed Round •••••• - 30 Sep 2021
Seed Round •••••• - 10 Aug 2020

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FAQ About CUSMAT

Skilling Metaverse
CUSMAT was founded in 2016.
CUSMAT is headquartered in India.
CUSMAT operates in the following industries: Education, Information Technology.
CUSMAT has approximately 67 employees.
CUSMAT has completed 5 funding rounds, raising a total of $53.10M. The latest funding stage is Series A.
Top alternatives and competitors to CUSMAT include Zydii, TrainingFolks, Simumak, Corizo, Tutis Vreddo: Workforce Skills, Onboarding, Training & Learning Solutions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CUSMAT and Zydii are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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