Machfu
Latest round
- Series A
Last raised
- Dec 2019
Total raised
- $5.3M
Investors
- 4
About Machfu
Machfu Inc.Founded in 2015 and headquartered in Rockville, US, Machfu Inc. specializes in IIoT solutions. The firm has engaged in a total of 7 deals, primarily focusing on the industrial sector.Machfu specializes in Industrial Internet of Things (IIoT) solutions, primarily through its Edge to Enterprise® devices and services that connect industrial field assets to customer applications via secure cloud platforms. Their flagship product offerings include remote monitoring systems that provide real-time visibility into critical operations, enabling users to make informed decisions promptly. Key functionalities of their products include methane monitoring and condition monitoring, which cater to various sectors, including oil and gas and smart grid markets. The core clientele consists of industrial sectors requiring enhanced operational efficiency and compliance with environmental standards.Machfu operates primarily on a business-to-business (B2B) model, offering subscription-based services and partnerships that facilitate seamless integration of their IIoT solutions into clients' existing frameworks. The revenue structure is largely driven by contracts for ongoing service and maintenance, along with tiered subscription plans depending on the specific functionalities required by the client. Their product suite, including the Machfu Gateways, is typically bundled with service agreements to ensure clients receive continuous support and upgrades.Machfu Inc. The company aims to introduce enhanced monitoring capabilities and integrate AI-driven analytics into its offerings by the end of 2022. Furthermore, it seeks to penetrate international markets, particularly in Europe and Asia, within the next three years, focusing on sectors that require advanced operational solutions.
Who invested in Machfu
4 investors across 2 rounds
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Questions about Machfu
Who invested in Machfu?
Machfu has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Machfu raised?
Machfu has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Machfu last raise money?
Machfu's most recent round on record is a Series A, in Dec 2019.
What does Machfu do?
Machfu is a software company.
Where is Machfu headquartered?
Machfu is headquartered in Rockville, US.
Which VCs invest in companies like Machfu?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Machfu's stage. Their profiles are linked below.
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