# Prodsmart, Informática, Lda.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prodsmart-informatica-lda

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.prodsmart.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Feb 21, 2018)
- Investors on record: 4

## About

Prodsmart specializes in providing a sophisticated manufacturing execution system (MES) that enhances production management through real-time data insights, enabling manufacturers to optimize their operations effectively.Founded in 2012, Prodsmart, Informática, Lda. operates from San Francisco, US, offering a manufacturing execution system that assists manufacturers in managing their production processes. The company has received funding through 4 deals, with its most recent funding round being a Seed round in February 2022, during which they raised USD 1.5 mn from investors including Caixa Capital – Sociedade de Capital de Risco, Innovation Nest, and Join Capital. Prodsmart is led by CEO Gonçalo Fortes, who has a background in technology and entrepreneurship.Prodsmart's primary offering is an advanced manufacturing execution system (MES) that aids production management by delivering real-time data insights. This system is tailored for manufacturers of all sizes, integrating smoothly into existing workflows to manage scheduling, resource allocation, and production processes. The software supports various industry sectors, including automotive, electronics, and consumer goods, and is designed to help operations managers and production teams enhance their workflows and maintenance practices.Prodsmart generates revenue through subscription-based models for its MES, enabling clients to access the software on either an annual or multi-year basis. The standard annual subscription plan is priced at USD 2,065 per user, facilitating direct engagement with manufacturers seeking to implement the MES functionalities in their operations. This model promotes long-term client relationships, ensuring continuous support and updates for the software.Moving forward, Prodsmart plans to leverage the recent funding acquired in February 2022 to enhance its product offerings and expand into new markets. The company is focused on developing new features for its MES to meet evolving industry needs and will target markets in Europe and Asia for expansion by 2024. The company anticipates that these initiatives will significantly bolster its market presence and client base, driving future growth.

## Funding rounds

- Seed, Feb 21, 2018, $1.5M — Caixa Capital, Innovation Nest, Join Capital
- Seed, Aug 1, 2017, $0.1M — 500 Global
- Seed, Mar 1, 2016 — Caixa Capital

## Investors

- Caixa Capital (https://capitalatlas.ai/funds/caixa-capital) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Innovation Nest (https://capitalatlas.ai/funds/innovation-nest) — Seed
- Join Capital — Seed