# Indeximate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/indeximate

- Industry: Software
- Headquarters: Leicestershire, UK
- Website: www.indeximate.com/
- Latest round: Seed (Jan 27, 2025)
- Investors on record: 1

## About

Founded in 2022 and based in Leicestershire, UK, Indeximate Ltd specializes in subsea cable health monitoring, facilitating the integrity and performance of subsea power cables. In January 2025, Indeximate Ltd raised venture funding from Propeller Ventures Capital. As of January 2025, the company is led by its director, Paul Clarkson.

Indeximate Ltd specializes in advanced subsea cable health monitoring services that leverage fibre optic sensing technology. The company’s core offerings focus on continuous monitoring of subsea power cables to measure and analyze cable degradation, thus preventing potential failures. The firm’s system functions by connecting to a cable's built-in optical fibres, transforming them into virtual strain gauges that provide real-time insights into the cable's condition. Indeximate’s service identifies issues related to abrasion, vibration, fatigue, and exposure, enabling clients to manage the health of their subsea cables. The company’s solutions cater to a variety of end users, including offshore wind farms and tidal energy generation plants.

The company operates on a subscription-based revenue model, offering clients ongoing monitoring services that provide actionable insights into cable health.

The organization plans to use the January 2025 funding to assist important projects, such as expanding work on technology verification, hiring for crucial positions, and moving forward with delivering the Scattersphere to clients.

## Funding rounds

- Seed, Jan 27, 2025 — Propeller Venture Capital

## Investors

- Propeller Venture Capital (https://capitalatlas.ai/funds/propeller-venture-capital) — Seed