About Rithmik
Rithmik is a company based in Fernie (Canada) founded in 2015 by Amanda Truscott, Kevin Urbanski, and Kris Isfeld. Rithmik has raised $3.2 million across 4 funding rounds from investors including Angel One, Archangel Network and Cycle Momentum. The company has 14 employees as of December 31, 2024. Rithmik offers products and services including Data Analysis and Visualisations, Data Storage, Data Gathering, and AI Solutions. Rithmik operates in a competitive market with competitors including Symboticware, Maintenance Experts, AssetPoint, Maintenance Connection and Ox Mountain, among others.
- Headquarter Fernie, Canada
- Employees 14 as on 31 Dec, 2024
- Founders Amanda Truscott, Kevin Urbanski, Kris Isfeld
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Sectors
Natural Resources
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.2 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Angel One
& 8 more
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Employee Count
14
as on Dec 31, 2024
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Products & Services of Rithmik
Rithmik offers a comprehensive portfolio of products and services, including Data Analysis and Visualisations, Data Storage, Data Gathering, and AI Solutions.
Presents mining data for easy understanding and actionable insights.
Secures and provides access to mining equipment data when needed.
Collects data from mining equipment for analysis and consulting.
Uses algorithms to predict equipment failures and prevent breakdowns.
People of Rithmik
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Funding Insights of Rithmik
Rithmik has successfully raised a total of $3.2M across 4 strategic funding rounds. 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.
Investors in Rithmik
Rithmik has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Angel One, Archangel Network and Cycle Momentum.
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Cycle Momentum is recognized as a startup accelerator and innovation platform focused on cleantech solutions.
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Early-stage tech startups in Canada are supported through angel investments.
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Investments in multiple sectors are facilitated by Archangel Network.
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Investor details for Rithmik
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Investments & Acquisitions by Rithmik
Investment portfolio details for Rithmik
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Financial Statements - Rithmik
Detailed financials for Rithmik
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Rithmik Comparisons
Peer comparison for Rithmik
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Competitors of Rithmik
Rithmik 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 Symboticware, Maintenance Experts, AssetPoint, Maintenance Connection and Ox Mountain, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Asset management solutions are provided for the mining industry.
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Web-based maintenance software is provided for enterprise equipment monitoring.
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Provider of Enterprise Asset Management and CMMS Solutions
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Facility maintenance and web-based asset management software are provided.
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Provider of online asset maintenance platform for the mining industry
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Detailed competitors of Rithmik
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Latest news on Rithmik
Complete news archive for Rithmik
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Frequently Asked Questions about Rithmik
Rithmik was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Rithmik is headquartered in Fernie, Canada. It is registered at Fernie, British Columbia, Canada.
Amanda Truscott is the current CEO of Rithmik. They have also founded this company.
Rithmik is a funded company, having raised a total of $3.2M across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Rithmik is 14.
Rithmik was founded in 2015 in Fernie, Canada, focusing on the mining sector. Predictive maintenance solutions are provided through the Asset Health Analyser (AHA) system, which employs AI algorithms. A virtual model of healthy equipment is simulated, and deviations from ideal performance are detected to offer operational insights. Services target mobile mining assets to support maintenance decisions.
Rithmik's top competitors include Maintenance Experts, Ox Mountain and Symboticware.
Rithmik offers Data Analysis and Visualisations, Data Storage, Data Gathering, and AI Solutions.
Rithmik has 9 investors. Key investors include Angel One, Archangel Network, Cycle Momentum, DEV Capital, and Golden Triangle Angel Network.