# Reliability Solutions Sp. z.o.o.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/reliability-solutions-sp-z-o-o

- Industry: Software
- Headquarters: Krakow, Poland
- Website: www.reliasol.ai
- Total disclosed funding: $3.4M
- Latest round: Series A (Aug 1, 2019)
- Investors on record: 1

## About

Reliability Solutions Sp. z o.o. offers advanced predictive maintenance solutions leveraging AI technology to enhance operational efficiency and minimize downtime in manufacturing processes.Reliability Solutions Sp. z o.o. is engaged in developing predictive maintenance technologies that optimize manufacturing processes. Founded by Mateusz Marzec, the company operates from its headquarters in Krakow, Poland. The latest funding round, a Series A investment of EUR 3 million from ICOS Capital, occurred in August 2019, bringing the total amount raised to EUR 3 million. The company has completed one deal to date.Reliability Solutions Sp. z o.o. specializes in predictive maintenance solutions aimed at optimizing manufacturing processes and improving operational efficiency. Their flagship product, RSIMS, is a predictive analytics platform that utilizes artificial intelligence to monitor machinery and foresee equipment failures. This platform processes data from various industrial machines, offering actionable insights to reduce unplanned downtimes and maintenance costs, particularly for sectors such as energy, chemicals, food processing, and metals and mining. Their clientele includes major enterprises like TAURON and the PGNiG Group across various European markets.In the most recent fiscal year of 2022, Reliability Solutions generated a revenue of EUR 522,110.80, with an EBITDA of EUR -665,438.50. Revenue is primarily derived from subscription-based access to the RSIMS platform and consulting services, wherein clients engage in partnerships for ongoing support and training related to predictive maintenance.Reliability Solutions plans to leverage the EUR 3 million from its Series A funding to enhance its RSIMS platform with new features and analytics capabilities. Additionally, the company is targeting expansion into new European markets by 2024, focusing on industries that necessitate advanced predictive maintenance solutions. These initiatives aim to increase market penetration and improve service offerings to its clients.

## Funding rounds

- Series A, Aug 1, 2019, $3.4M — ICOS Capital

## Investors

- ICOS Capital (https://capitalatlas.ai/funds/icos-capital) — Series A