About Precognize
Precognize is a company based in Tirat Carmel (Israel) founded in 2011 was acquired by Samson in June 2018. It operates as a AI-as-a-Service. Precognize has raised $2.5 million across 1 funding round from investors including SAMSON and Maverick Ventures. Precognize offers products and services including SAM GUARD. Precognize operates in a competitive market with competitors including Uptime AI, Augury, Uptake, ThingWorx and TRACTIAN, among others.
- Headquarter Tirat Carmel, Israel
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Products & Services of Precognize
Precognize offers a comprehensive portfolio of products and services, including SAM GUARD. 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.
Predictive maintenance software for process industry failure detection.
Funding Insights of Precognize
Precognize has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.5 million completed in June 2016. 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 Funding
- Total Rounds 1
- Last Round Series A — $2.5M
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First Round
First Round
(01 Jun 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Series A - Precognize | Valuation | Maverick Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Precognize
Precognize has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SAMSON and Maverick 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.
| Investor | Description | Founded Year | Domain | Location |
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Tech & life sciences focused venture capital firm investing primarily in Israel and the US
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Valves and automation systems for industrial applications are manufactured.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Precognize
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Precognize
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Precognize Comparisons
Competitors of Precognize
Precognize 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 Uptime AI, Augury, Uptake, ThingWorx and TRACTIAN, 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 |
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| domain | founded_year | HQ Location |
Provider of cloud based management solutions
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| domain | founded_year | HQ Location |
Provider of IoT and cloud-based machine analytics and predictive maintenance solutions
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| domain | founded_year | HQ Location |
Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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| domain | founded_year | HQ Location |
Platform to build and run applications for connected devices
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| domain | founded_year | HQ Location |
Provider of industrial maintenance and reliability solutions using sensors and software
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| domain | founded_year | HQ Location |
AI based platform offering predictive analytics solution
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Precognize
Frequently Asked Questions about Precognize
When was Precognize founded?
Precognize was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Precognize located?
Precognize is headquartered in Tirat Carmel, Israel. It is registered at Tirat Carmel, Haifa District, Israel.
Is Precognize a funded company?
Precognize is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Series A of $2.5M, raised on Jun 01, 2016.
What does Precognize do?
Predictive maintenance solutions are offered by Precognize for the process industry. The focus is placed on monitoring industrial plants to detect quality issues, equipment failures, and operational deviations. Advanced software, combining human expertise with machine learning, is utilized to provide actionable alerts. Failures are predicted up to a week in advance, enabling planned maintenance. Implementation is completed in two weeks, leveraging existing sensors and data. The technology is designed to cover entire plants, addressing interconnected systems with minimal historical failure data.
Who are the top competitors of Precognize?
Precognize's top competitors include UpKeep, Uptime AI and Infinite Uptime.
What products or services does Precognize offer?
Precognize offers SAM GUARD.
Who are Precognize's investors?
Precognize has 2 investors. Key investors include SAMSON, and Maverick Ventures.
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