MachineMetrics

Northampton, United Kingdom Founded: 2014 • Age: 12 yrs
Machine data is monitored and visualized to enhance manufacturing efficiency.
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About MachineMetrics

MachineMetrics is a company based in Northampton (United Kingdom) founded in 2014.. MachineMetrics has raised $33.38 million across 4 funding rounds from investors including Teradyne, Hyperplane and Ridgeline Ventures. MachineMetrics offers products and services including Intelligent MES, Production Monitoring, and Predictive Maintenance. MachineMetrics operates in a competitive market with competitors including Seeq, Oden Technologies, MoBagel, Flutura and Adapdix, among others.

  • Headquarter Northampton, United Kingdom
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $33.38 M (USD)

    in 4 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Jun 16, 2021

  • Investors
    Teradyne

    & 7 more

  • Employee Count
    Employee Count
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Products & Services of MachineMetrics

MachineMetrics offers a comprehensive portfolio of products and services, including Intelligent MES, Production Monitoring, and Predictive Maintenance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for real-time machine data collection and process optimization

Tool to track and analyze production performance in real time

System for forecasting equipment failures to minimize downtime

People of MachineMetrics
Headcount 10-50
Employee Profiles 25
Board Members and Advisors 1
Employee Profiles
People
Eric Fogg
Co-Founder & Chief Customer Officer
People
Elizabeth N.
Accounting Manager
People
Jacob Lauzier
Co-Founder & CTO
People
Bill Bither
Co-Founder & CEO

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Board Members and Advisors
people
Aaron Fleishman
Board Director

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Funding Insights of MachineMetrics

MachineMetrics has successfully raised a total of $33.38M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in June 2021. 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
  • Total Rounds 4
  • Last Round Series B — $20.0M
  • First Round
  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Series B - MachineMetrics Valuation Teradyne
Dec, 2018 Amount Series A - MachineMetrics Valuation Tola Capital
Nov, 2016 Amount Seed - MachineMetrics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MachineMetrics

MachineMetrics has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Teradyne, Hyperplane and Ridgeline Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Hyperplane is engaged in providing seed capital to startups.
Founded Year Domain Location
Patient, founder-friendly capital is provided by Ridgeline Ventures.
Founded Year Domain Location
Early & Growth stage Tech-focused venture capital firm funding companies in the US, Canada & Europe
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MachineMetrics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MachineMetrics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Machinemetrics Comparisons

Employees
+
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Competitors of MachineMetrics

MachineMetrics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Seeq, Oden Technologies, MoBagel, Flutura and Adapdix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Industrial process data is analyzed through advanced analytics solutions.
domain founded_year HQ Location
Real-time visual data analytics platform is offered for manufacturing.
domain founded_year HQ Location
IoT analytics software is offered for device manufacturers and designers.
domain founded_year HQ Location
End to end IoT platform for asset monitoring
domain founded_year HQ Location
Asset monitoring software is provided for industrial equipment optimization.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Machinemetrics

Frequently Asked Questions about MachineMetrics

When was MachineMetrics founded?

MachineMetrics was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is MachineMetrics located?

MachineMetrics is headquartered in Northampton, United Kingdom. It is registered at Northampton, Northamptonshire, United Kingdom.

Is MachineMetrics a funded company?

MachineMetrics is a funded company, having raised a total of $33.38M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.08M, raised on Jun 29, 2015.

What does MachineMetrics do?

Founded in 2014, MachineMetrics operates in the manufacturing sector from Northampton, United Kingdom. Machine data is collected and visualized through a real-time dashboard, enabling production oversight for operators and managers. Failures are predicted based on performance metrics. Services support asset monitoring to maintain operational continuity. Customers such as VSS Inc. and Massachusetts-based firms are served.

Who are the top competitors of MachineMetrics?

MachineMetrics's top competitors include Seeq, MoBagel and Oden Technologies.

What products or services does MachineMetrics offer?

MachineMetrics offers Intelligent MES, Production Monitoring, and Predictive Maintenance.

Who are MachineMetrics's investors?

MachineMetrics has 8 investors. Key investors include Teradyne, Hyperplane, Ridgeline Ventures, Tola Capital, and LRVHealth.

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