# First Resonance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/first-resonance

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.firstresonance.io/
- Total disclosed funding: $17M
- Latest round: Series A (Dec 2, 2021)
- Investors on record: 9

## About

First Resonance Inc., based in the US, provides advanced manufacturing software solutions that optimize efficiency and compliance in high-tech production environments, particularly in aerospace, medical devices, and electric vehicles.Founded in 2018 and headquartered in Los Angeles, US, First Resonance specializes in manufacturing software solutions. The company has raised USD 10.824 mn through three funding rounds, with the most recent being a Series A round of USD 13.990 mn led by Craft Ventures on September 27, 2023. Karan Talati is both the Founder and CEO of the company, which has not undergone any notable pivots or structural changes since its inception.First Resonance specializes in advanced manufacturing software solutions, primarily through its flagship product, the ION Factory Operating System (ION OS). The ION OS is designed to enhance efficiency, traceability, and compliance in complex manufacturing environments, particularly for clients involved in aerospace, medical devices, electric vehicles, and other high-tech sectors. The software provides tools for managing the entire production lifecycle, from prototype development to supply chain management, enabling engineers and technicians to automate processes and track data in real-time. Through its interactive platform, users can capture essential information such as serial numbers and quality metrics, ensuring adherence to regulatory standards and facilitating better decision-making. First Resonance serves a global client base, including innovative manufacturers across North America, Europe, and Asia, who are advancing technologies in fields such as space exploration and sustainable energy.First Resonance operates on a subscription-based revenue model, offering its ION software to clients through annual or multi-year agreements. The company tailors its pricing plans based on the specific needs of the manufacturers, allowing for scalability and flexibility according to the size of the operation and the complexity of the manufacturing processes involved. Clients typically include discrete manufacturers who utilize ION for real-time data collection and inventory management, ensuring optimal production timelines and quality control. Transactions are structured as direct engagements with manufacturers, enabling First Resonance to establish long-term partnerships that support continuous product development and integration within clients' existing workflows. This strategic approach fosters recurring revenue through ongoing software usage and potential upgrades as clients' operational needs evolve.Following the most recent funding round on September 27, 2023, First Resonance plans to utilize the newly raised capital to support the growth and development of the ION Factory OS. The company is focused on enhancing its product offerings and expanding into new markets, although specific new products or geographic regions for expansion have not been disclosed. The recent investment from Emerson Ventures will aid in driving these initiatives forward.

## Funding rounds

- Series A, Dec 2, 2021, $14M — Frontier Venture Capital, Wavemaker Partners, Fika Ventures, Blue Bear Capital, Stage Venture Partners, Village Global, Craft Ventures, PLG Ventures, Garuda Ventures
- Seed, Dec 4, 2020, $3.5M — Fika Ventures, Blue Bear Capital, Stage Venture Partners

## Investors

- Fika Ventures (https://capitalatlas.ai/funds/fika-ventures) — Seed, Series A
- Blue Bear Capital (https://capitalatlas.ai/funds/blue-bear-capital) — Seed, Series A
- Stage Venture Partners (https://capitalatlas.ai/funds/stage-venture-partners) — Seed, Series A
- Frontier Venture Capital (https://capitalatlas.ai/funds/frontier-venture-capital) — Series A
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Series A
- Village Global (https://capitalatlas.ai/funds/village-global) — Series A
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series A
- PLG Ventures (https://capitalatlas.ai/funds/plg-ventures) — Series A
- Garuda Ventures (https://capitalatlas.ai/funds/garuda-ventures) — Series A
