Company Overview
Pangea Tech is a product engineering and manufacturing firm headquartered in Chicago, IL, USA, with key manufacturing operations based in India. The company delivers high-quality, fast turnaround engineering solutions that cater to high-mix, low-volume projects. Pangea Tech specializes in the manufacturing of custom mechanical components, including both metal and plastic parts, as well as electrical assemblies.
Core Capabilities
- Custom Manufacturing Solutions: Machined parts, sheet metal, castings, forgings, tooling, injection molding, and electro-mechanical assemblies.
- Comprehensive Engineering Services: Concept development, industrial design, engineering design, advanced engineering simulation, value engineering, and prototyping.
Value Proposition
- Cost Efficiency: Competitive manufacturing rates sourced in India.
- Quality Assurance: Rigorous quality control measures to ensure superior product quality.
- Time Efficiency: Streamlined processes designed to accelerate time to market.
- Dedicated Project Management: End-to-end project guidance from inception to completion.
Key Management Team
Vivek Nithianand - CEO and Co-Founder
- Background:
- Former Senior Manager at Tredence Inc.
- Lead Product Manager at Xiaomi Technology.
- Education: National Institute of Technology, Tiruchirappalli.
- Current Role: CEO of Pangea Tech, focusing on leveraging advanced analytics and machine learning to democratize AI solutions through products like TuringXai.
Anirudh Shastry - COO and Co-Founder
- Background:
- Lead of Engineering Analytics at Pangea Tech.
- Education: Melbourne Business School.
- Current Role: COO at Pangea Tech, driving the company’s operational and engineering strategies to enhance product development and delivery efficiency.
Saiprasad Natarajan - CTO
- Background:
- Previous roles include VP of Cloud Engineering and Solutions Architect.
- Senior Technical Consultant in IBM.
- Current Role: CTO at Pangea Tech, overseeing emerging technologies and AI innovations pivotal to the company’s product offerings.
Services and Solutions
Pangea Tech offers a detailed suite of services designed to support the entire product development lifecycle:
- Concept Development: Assisting clients in refining initial ideas and creating clear product visions.
- Industrial Design: Developing products with a focus on aesthetics, ergonomics, and user experience.
- Engineering Design: Converting visions into technical specifications to ensure product functionality, manufacturability, and quality.
- Simulation and Optimization: Utilizing advanced engineering software to optimize performance before physical prototyping.
- Prototyping and Value Engineering: Creating functional prototypes and identifying cost-reduction opportunities without compromising on quality.
Recent Updates and Financial Performance
- Funding and Investment:
- Raised $27.5K in conventional debt in October 2023.
- Notable funding includes a pre-seed round in March 2019 and cumulative funding of $52M from investors like Google Ventures and Okta.
- Revenue:
- Achieved $7.1M in revenue with a 53-person team in 2023, indicating strong market adoption and an expanding user base.
Contact Information
- Head Office: 2800 North Lake Shore Drive, #3308, Chicago, Illinois 60657, USA
- Phone: (773) 969-3036
- Email: sales@pangeatech.us
- LinkedIn: [Pangea Tech LinkedIn](https://in.linkedin.com/company/pangea-tech)
Competitor Profiling for Pangea Tech
Overview of Pangea Tech
Pangea Tech specializes in the telecommunications industry, with a workforce of approximately 20 to 49 employees and annual revenue ranging between $1M to $5M.
Competitors Analysis
ReversingLabs
Industry: Cybersecurity
Headquarters: Cambridge, Massachusetts
Year Founded: 2009
Size: Medium-sized company
Core Competencies:
- Software Supply Chain Security: Specializes in threat detection, software security, and threat intelligence.
- Key Products: Spectra Assure, Spectra Detect, Spectra Analyze, and Spectra Intelligence.
- Technological Expertise: Uses advanced static analysis of binary codes, boasting an extensive threat repository with over 40 billion searchable files.
- Clientele: Serves top-tier clients including 4 of the top 6 software companies, 2 of the top 3 banks, and large defense and retail companies.
Achievements:
- Recognized by industry awards in cybersecurity.
- Significant contributor to industry reports.
- Multiple industry-first recognitions and awards for their Spectra platform.
Rezonate
Industry: Cybersecurity
Headquarters: Boston, Massachusetts
Year Founded: 2022
Size: Small-sized company (11-50 employees)
Core Competencies:
- Cloud Identity Protection: Focuses on protecting cloud infrastructures from third-party attacks with a diverse set of security practices.
- Key Products: Zoe - AI Assistant, integrates across identity providers, SaaS, and cloud infrastructures.
- Technological Focus: Identity-first security, monitoring identity privileges, activity, and enabling rapid remediation.
Key Insights:
- Strategic Positioning: Empowers security, IAM, IT, DevOps, and compliance teams.
- Recent Recognition: Named a Cool Vendor by Gartner in Identity-First Security.
- Funding: Secured $8.7M in seed funding from notable investors such as State of Mind Ventures and Flybridge.
Wing
Industry: Aviation Logistics
Headquarters: Mountain View, California (subsidiary of Alphabet Inc.)
Year Founded: 2018 (independent)
Size: Medium-sized company (51-200 employees)
Core Competencies:
- Drone Delivery Systems: Wing specializes in developing and deploying drone delivery systems with robust UTM (Unmanned Traffic Management) systems.
- Operational Footprint: Active operations in the United States, Australia, Finland, and Ireland.
- Technological Features: Drones designed to deliver small parcels, equipped with redundant systems for safety and efficiency in urban logistics.
Key Achievements:
- Regulatory Milestones: First drone delivery company to receive Air Operator's Certificate from the FAA in the US.
- Market Penetration: Significant presence and successful pilot programs in various locations worldwide.
- Innovative Solutions: Continuous enhancement of payload capabilities and integration with existing delivery infrastructure.
Compusafe Data Systems AG
Industry: IT Services and Consulting
Headquarters: Munich, Bavaria
Year Founded: 1989
Size: Medium-sized company (201-500 employees)
Core Competencies:
- IT Services: Specializes in digital transformation, IT infrastructure, workforce transformation, and IT service management (ITSM).
- Service Offerings: Provides comprehensive solutions including IT project and process management, IT security, and compliance services.
- Clientele Engagement: Focuses on long-term partnerships with SMEs and large corporations, delivering tailored IT solutions.
Key Services:
- IT-Workforce Transformation: Provides expertise and tools for workforce development aligned with digital transformation goals.
- Legacy System Transformation: Handles complex IT carve-in/out processes and legacy application transformations.
- ServiceNow Practice: Delivers specialized IT service management leveraging the ServiceNow platform.
