About Inductive Intelligence
Inductive Intelligence is a Consumer company based in Grand Rapids (United States) founded in 2017. It operates in the Consumer, Retail, and Technology sectors. Inductive Intelligence has raised $1 million across 2 funding rounds from investors including IFT and Invest Detroit. Inductive Intelligence offers products and services including Appliance Reviews and Cooking Tips. Its focus areas include High Tech, Smart Homes, Kitchen Appliances and Cooking Appliances. Its competitors include Brava Home, Tovala and Ome; 2 of its 3 listed competitors have raised funding.
Company details
Manufacturer of IoT-powered induction devices for kitchen appliances. It offers smart heating devices that allow consumers to heat foods, beverages, and other household items on a wireless charger. Its product offerings heated ceramic vessels, heating packages to heat food or household things also allows the manufacturer and retailer to collect data from the packaging that can be used for data analytics, product insights and enables customer relationship loyalty programs. The company has developed patented technology to monitor the heating process.
- Headquarters Grand Rapids, United States
- SectorsConsumerRetail Technology
- Phone•••• ••••
- Website inductiveintelligence.com
- Social LinkedIn X
- Total Equity Funding$1M (USD)
in 2 rounds
- Latest Funding Round$1M (USD), Seed
Nov 2018
- InvestorsIFT
& 1 more
Products & Services of Inductive Intelligence
Inductive Intelligence offers a comprehensive portfolio of products and services, including Appliance Reviews and Cooking Tips.
Provides detailed advice and reviews on kitchen appliances for better purchasing decisions
Offers guidance on using kitchen equipment to enhance culinary skills
Funding Insights of Inductive Intelligence
Inductive Intelligence has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1M
- Total Rounds 2
- Last Round Seed — $1M
- First Round $250,000
(Jul 2018)
- Investors Count 2
All 2 funding rounds of Inductive Intelligence with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2018 | $1M | Seed | – | Invest Detroit | – |
| Jul 2018 | $250,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Inductive Intelligence
Inductive Intelligence has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include IFT and Invest Detroit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-focused venture capital firm investing in tech-based startups | investdetroit.com | Detroit, United States | ||
| ift.org |
Investor details for Inductive Intelligence
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Inductive Intelligence
3 dated milestones of Inductive Intelligence across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Inductive Intelligence is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Seed, of $1.0M.
Competitors of Inductive Intelligence
Inductive Intelligence has 3 listed competitors in our database, 2 of them funded. They include Brava Home, Tovala and Ome.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| brava.com | 2015 | San Francisco, United States | $12M | Provider of smart oven | ||
| tovala.com | 2015 | Chicago, United States | $61.9M | Connected smart ovens and subscription meals are provided by Tovala. | ||
| omekitchen.com | 2021 | Atlanta, United States | 28 | Internet first brand offering smart knob for stoves |
Detailed competitors of Inductive Intelligence
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Inductive Intelligence (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Inductive Intelligence
Inductive Intelligence was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Inductive Intelligence is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
Inductive Intelligence is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Grant of $250K, raised on Jul 2018.
Manufacturer of IoT-powered induction devices for kitchen appliances. It offers smart heating devices that allow consumers to heat foods, beverages, and other household items on a wireless charger. Its product offerings heated ceramic vessels, heating packages to heat food or household things also allows the manufacturer and retailer to collect data from the packaging that can be used for data analytics, product insights and enables customer relationship loyalty programs. The company has developed patented technology to monitor the heating process.
Inductive Intelligence's top competitors include Brava Home, Tovala and Ome.
Inductive Intelligence offers Appliance Reviews and Cooking Tips.
Inductive Intelligence has 2 investors. Key investors include IFT, and Invest Detroit.