Craft

ConnectM Technology Solutions

Stock Price

$1

2024-10-29

Market Capitalization

$24.7 M

2024-10-29

Revenue

$35.8 M

FY, 2025

ConnectM Technology Solutions Summary

Company Summary

Overview
ConnectM Technology Solutions is a company that delivers AI-enabled electrification, distributed energy, mobility, and industrial IoT solutions. It provides services for residential and light commercial buildings and all-electric original equipment manufacturers with a proprietary digital platform to enable the transition to solar and all-electric heating, cooling, and transportation. The company also offers AI-enabled hardware components, including intelligent heat-pump controllers, batteries, digital control units, and vehicle modules.
Type
Public
Status
Active
Founded
2019
HQ
Marlborough, MA, US | view all locations
Website
https://www.connectm.com/
Cybersecurity rating
Sectors

Key People

  • Bhaskar Panigrahi

    Bhaskar Panigrahi, Chairman & CEO​

  • Girish Subramanya
  • Kevin Stateham

    Kevin Stateham, VP of Client Success

  • Mahesh Choudhury

    Mahesh Choudhury, VP of Systems and Operations

LocationsView all

2 locations detected

  • Marlborough, MA HQ

    United States

    2 Mount Royal Ave, Suite 550

  • Bengaluru, KA

    India

    No: 608, Third Floor, 15th Cross, Outer Ring Road, JP Nagar 6th Phase

ConnectM Technology Solutions Financials

Summary Financials

Revenue (FY, 2025)
$35.8M
Gross profit (FY, 2025)
$11.5M
Net income (FY, 2025)
($16.2M)
Cash (FY, 2025)
$2.9M
EBIT (FY, 2025)
($12.6M)
Enterprise value
$35.7M

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