/Companies

ConnectM Technology Solutions

OTC: CNTM

Marlborough, US · Founded 2019 · Delaware corporation · 135 employees on LinkedIn

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ConnectM Technology Solutions operates six business segments that deliver electrification, distributed energy, vehicle management, and last-mile delivery services to residential, commercial, and industrial customers across energy, transportation, and logistics sectors. The company operates a proprietary AI-driven platform that aggregates operational data from over 120,000 connected assets to optimize equipment performance, reduce energy costs, and support fleet and infrastructure management, with significant operations in India's growing EV and renewable energy markets.

Founders & leadership

ConnectM Technology Solutions was founded in 2019 by Bhaskar Panigrahi.

BP
Bhaskar PanigrahiFounder · ChairmanHe has led multiple companies in IT services, clean energy, and software sectors.
RC
Raymond ChangNamed on SEC filing
ST
Satish TadikondaNamed on SEC filing
GO
Gaugarin OliverNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$6.1M disclosed across 2 rounds · 2020–2022

▶$2.1MraisedMar 2022 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Bhaskar PanigrahiExecutive Officer, Director
  • Gaugarin OliverDirector
  • Satish TadikondaDirector
  • Raymond ChangDirector
Offering amount
$3M
Amount sold
$2.1M
Minimum investment
$5K
First sale
Feb 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
04, 06b
Full filing on SEC EDGAR ↗
▶$4MraisedDec 2020 · 22 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Bhaskar PanigrahiExecutive Officer, Director
  • Raymond ChangDirector
  • Satish TadikondaDirector
  • Gaugarin OliverDirector
Offering amount
$4M
Amount sold
$4M
Minimum investment
$5K
First sale
Dec 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
04, 06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Acquisitions · 1

Early investors' stakes continue via these deals
ecoVent

ecoVent made a wireless, sensor-driven smart-vent and hub system allowing homeowners to control room-by-room heating/cooling airflow via smartphone app.

Frequently asked questions

What does ConnectM Technology Solutions do?
ConnectM Technology Solutions operates six business segments that deliver electrification, distributed energy, vehicle management, and last-mile delivery services to residential, commercial, and industrial customers across energy, transportation, and logistics sectors. The company operates a proprietary AI-driven platform that aggregates operational data from over 120,000 connected assets to optimize equipment performance, reduce energy costs, and support fleet and infrastructure management, with significant operations in India's growing EV and renewable energy markets.
Who founded ConnectM Technology Solutions?
ConnectM Technology Solutions was founded by Bhaskar Panigrahi in 2019.
How much funding has ConnectM Technology Solutions raised?
ConnectM Technology Solutions has disclosed $6.1M raised across 2 rounds.
Where is ConnectM Technology Solutions headquartered?
ConnectM Technology Solutions is headquartered in Marlborough, US.