# Petasense

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.petasense.com
- Total disclosed funding: $3.6M
- Latest round: Seed (Jun 22, 2017)
- Investors on record: 3

## About

Petasense Inc. provides advanced condition monitoring solutions for rotating machinery, utilizing its flagship VM4 sensor to enhance predictive maintenance and optimize asset health through machine learning and cloud-based data analytics.Founded in 2014 in San Jose, US, Petasense Inc. focuses on condition monitoring solutions. The company was founded by Abhinav Khushraj and Arun Santhebennur, with Dan Bradley and Kuldeep Amarnath serving as the current executives. In June 2017, Petasense secured USD 1.8 mn in Seed funding led by True Ventures, with participation from Felicis Ventures and individual investors. The company has completed 2 deals to date, demonstrating its growth since inception.Petasense specializes in condition monitoring solutions for rotating machinery through its flagship product, the VM4 sensor. This 3-in-1 device is designed for predictive maintenance, collecting data on vibration, temperature, and other critical parameters, which it securely transmits to the cloud for analysis. The machine learning capabilities enable in-depth asset health optimization and real-time performance insights, helping clients preemptively identify potential failures. Petasense caters to diverse industries, including manufacturing, energy, and transportation, focusing on electric panels, steam traps, and valves while maintaining a strong presence in North America and Europe.Petasense operates primarily on a B2B model, generating revenue through subscription-based services linked to its condition monitoring solutions. Clients typically sign annual contracts that cover both hardware, including the VM4 sensor, and cloud services for data analytics. This approach allows clients to continuously monitor asset health while leveraging predictive maintenance capabilities, reinforcing long-term partnerships and ensuring a steady revenue stream through operational efficiency and asset reliability.In June 2017, Petasense received USD 1.8 mn in Seed funding, with plans to utilize these resources for product development and market expansion. The company aims to enhance its product line, including new sensor technologies targeted for release in 2024. Additionally, Petasense plans to expand its market reach into Southeast Asia and Latin America by 2025, capitalizing on growing demand for industrial IoT solutions.

## Funding rounds

- Seed, Jun 22, 2017, $1.8M — True Ventures, Felicis Ventures
- Seed, Jun 30, 2015, $1.8M — True Ventures, Felicis Ventures, Point Reyes Management

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed
- Point Reyes Management — Seed