TorchIt

Private

AhmedabadHealthcare & Life Scienceshttps://mytorchit.com/

Last Round

Angel

Feb 1, 2022

Total Funding Raised

$99,000

Company Overview

TorchIt is a health tech company that designs and manufactures affordable assistive technologies for individuals with visual, hearing, and locomotor disabilities.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices, Computer Vision, NLP & Conversational AI, Health IoT

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Application

Keywords

assistive technologysmart caneaccessibility devicesvisually impaired toolsassistive techsmart glassesobstacle detectiondisability techassistive hardwareoptical character recognitionOCRinclusive technologysocial-techassistive robotics

Historical Pricing

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TorchIt Comps

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TorchIt comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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TorchIt Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Angel	Feb 1, 2022
Grant	Oct 1, 2019

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TorchIt Investors

Notable investors and investment history

TorchIt investors
Investor	Rounds
Millennium Alliance	Grant
Biotechnology Industry Research Assistance Council	Grant
Startup Oasis	Accelerator
K-Startup Grand Challenge	Grant
NASSCOM Centre of Excellence for IoT & AI	Grant

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TorchIt Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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TorchIt Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersAhmedabad

Employee Range35

Year Founded2016

Last FundingFeb 1, 2022

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