Preddio Technologies

North Andover, United States Founded: 2020 • Age: 6 yrs
IoT-based solutions for condition-based maintenance are provided.
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About Preddio Technologies

Preddio Technologies is a company based in North Andover (United States) founded in 2020 by Aaron Ganick.. Preddio Technologies has raised $1.72 million across 2 funding rounds. Preddio Technologies operates in a competitive market with competitors including MaintainX, Cognite, Infinite Uptime, Tignis and Machfu, among others.

  • Headquarter North Andover, United States
  • Founders Aaron Ganick
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Preddio Technologies Inc
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Internet of Things (IoT) & Connectivity
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.72 M (USD)

    in 2 rounds

  • Latest Funding Round
    $723.23 K (USD), Seed

    Dec 21, 2022

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Preddio Technologies

Preddio Technologies has successfully raised a total of $1.72M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $723.23 thousand completed in December 2022. 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 2
  • Last Round Seed — $723,228
  • First Round

    (28 Aug 2020)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2022 Amount Seed - Preddio Technologies Valuation

investors

Aug, 2020 Amount Seed - Preddio Technologies 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

Investments & Acquisitions by Preddio Technologies

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 - Preddio Technologies

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

Preddio Technologies Comparisons

Employees
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Competitors of Preddio Technologies

Preddio Technologies 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 MaintainX, Cognite, Infinite Uptime, Tignis and Machfu, 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
Work orders and procedures are digitized through mobile-first software.
domain founded_year HQ Location
AI-based software for production data analysis and collaboration is provided.
domain founded_year HQ Location
AI-powered predictive maintenance solutions are provided for industrial equipment reliability.
domain founded_year HQ Location
Provider of AI-powered process control solutions
domain founded_year HQ Location
IIoT gateways and platform solutions are provided for industrial applications.
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 Preddio Technologies

Frequently Asked Questions about Preddio Technologies

When was Preddio Technologies founded?

Preddio Technologies was founded in 2020.

Where is Preddio Technologies located?

Preddio Technologies is headquartered in North Andover, United States. It is registered at North Andover, Massachusetts, United States.

Who is the current CEO of Preddio Technologies?

Aaron Ganick is the current CEO of Preddio Technologies. They have also founded this company.

Is Preddio Technologies a funded company?

Preddio Technologies is a funded company, having raised a total of $1.72M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Aug 28, 2020.

What does Preddio Technologies do?

Preddio Technologies was founded in 2020 and is based in North Andover, United States. IoT hardware, including gateway systems, temperature gauges, and sensors, along with cloud software, is offered for condition-based maintenance. Applications are found in beverage manufacturing, wastewater treatment, and water monitoring sectors within the industrial IoT domain.

Who are the top competitors of Preddio Technologies?

Preddio Technologies's top competitors include MaintainX, Cognite and Infinite Uptime.

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