# Matics Manufacturing Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matics-manufacturing-analytics

- Industry: Software
- Headquarters: Haifa, Israel
- Website: www.matics.live
- Latest round: Series A (Mar 1, 2024)
- Investors on record: 1

## About

Matics Manufacturing Analytics Ltd. is an Israeli company specializing in real-time manufacturing analytics, enhancing productivity and operational efficiency through its innovative Connected Worker Platform.Founded in Haifa, Israel, Matics Manufacturing Analytics Ltd. focuses on providing advanced manufacturing analytics solutions. The company has undergone a strategic pivot towards enhancing its platform capabilities. In March 2024, Matics raised an undisclosed amount in Series A funding from Champel Capital, marking it as a significant step in its development. The company has been involved in 2 deals to date, indicating active engagement in the investment landscape.Matics primarily offers a Connected Worker Platform, which integrates real-time manufacturing analytics and operational intelligence to enhance productivity and optimize performance across manufacturing environments. The platform aggregates high-resolution data from machines, information systems, peripheral systems, and human resources to provide comprehensive insights that empower stakeholders to make informed decisions. Key features of the platform include a dedicated mobile app and a tablet interface that deliver real-time data and notifications to users, facilitating effective communication and task management directly from the shop floor. Matics serves a diverse client base that includes manufacturers across various industries, such as automotive and plastics, focusing on markets in North America, Europe, and Asia. The platform was developed to address common challenges in manufacturing, such as improving Overall Equipment Effectiveness (OEE), reducing waste, and lowering energy consumption, ensuring a swift return on investment for its users.Matics generates revenue through a subscription-based model, where clients pay for access to its Connected Worker Platform and associated services. The business structure primarily revolves around B2B transactions, with the company partnering directly with manufacturing firms to implement its analytics solutions. Clients benefit from tailored pricing plans that reflect the specific features and capabilities they require, including access to advanced real-time analytics, task automation, and operational insight tools. As companies engage with Matics, they typically enter into agreements that outline the terms of service, including ongoing support and updates to the platform, which further solidifies the company's relationship with its clientele. Notable services include comprehensive operational intelligence and customizable insights that adapt to each client’s unique production needs, enhancing their overall operational efficiency.Matics plans to leverage its recent Series A funding, raised in March 2024, to expand its product offerings and market reach. The company is currently developing new features for its Connected Worker Platform, with anticipated launches in the upcoming quarters. Additionally, Matics is targeting expansion into new geographic markets, specifically in regions such as South America and the Middle East, aiming to establish a presence by the end of 2024.

## Funding rounds

- Series A, Mar 1, 2024 — Champel Capital

## Investors

- Champel Capital (https://capitalatlas.ai/funds/champel-capital) — Series A