Cusmat: Funding, Investors & Team (Aug 2026)
CUSMAT is a Skilling Metaverse that offers industry organisations standardised training solutions to increase productivity by 30–40%, improve safety by preventing accidents by 50–60%, and lower operating expenses (Mining & Infrastructure, Logistics, and Warehousing, Manufacturing, OEM, Healthcare) Just 9% of India's workforce (around 501 million people) has non-formal training, and only 2% has formal vocational training, therefore our goal is to create a platform for smart and competent workforce training. We have earned the trust of numerous businesses, including Schneider Electric, DHL, MOIL, Thriveni Earthmovers, Vedanta, Voltas, Hindustan Zinc, DTDC, NCL, IMFA, UCIL, and a few others. We have also received funding from prestigious venture capital firms, including Venture Catalyst, Better Inc., and MapmyIndia.
Cusmat has raised $4.1M across 2 funding rounds on record, the most recent a Series A of $3.5M announced in Feb 2023.
That round is above the $1.5M median round size for Education companies tracked on FundedIQ over the last two years.
Cusmat Company Profile and Key Stats
Latest funding round on record: Feb 2023.
Cusmat Funding Rounds
Cusmat raised $590k in a Seed announced in Sep 2022.
5 months later, a Series A of $3.5M was announced in Feb 2023.
Cusmat Founders and Leadership Team
Contact details for the Cusmat team: 1 of 1 has an email address on file.
Start 14-day free trial →Cusmat Funding Compared to Other Education Startups
Cusmat's latest round of $3.5M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.
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Cusmat Funding FAQs
What does Cusmat do?
CUSMAT is a Skilling Metaverse that offers industry organisations standardised training solutions to increase productivity by 30–40%, improve safety by preventing accidents by 50–60%, and lower operating expenses (Mining & Infrastructure, Logistics, and Warehousing, Manufacturing, OEM, Healthcare) Just 9% of India's workforce (around 501 million people) has non-formal training, and only 2% has formal vocational training, therefore our goal is to create a platform for smart and competent workforce training. We have earned the trust of numerous businesses, including Schneider Electric, DHL, MOIL, Thriveni Earthmovers, Vedanta, Voltas, Hindustan Zinc, DTDC, NCL, IMFA, UCIL, and a few others. We have also received funding from prestigious venture capital firms, including Venture Catalyst, Better Inc., and MapmyIndia.
How much funding has Cusmat raised?
Cusmat has raised $4.1M across 2 rounds on record. The most recent is a Series A of $3.5M announced in Feb 2023.
When did Cusmat last raise funding?
Cusmat's most recent funding round on record is a Series A of $3.5M, announced in Feb 2023.
Who is the CEO of Cusmat?
Abhinav Ayan is listed as CEO at Cusmat.
Where is Cusmat headquartered?
Cusmat is based in Hyderabad, Andhra Pradesh, India.
How many employees does Cusmat have?
Cusmat is in the 11-50 employee band.
How does Cusmat's funding compare to other Education startups?
Cusmat's latest round of $3.5M is above the $1.5M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.
About FundedIQ's Cusmat Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Cusmat is left off this page rather than filled in.
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