RIOS Intelligent Machines
Latest round
- Series B
Last raised
- Oct 2023
Total raised
- $35M
Investors
- 9
About RIOS Intelligent Machines
RIOS Intelligent Machines, Inc., founded in 2018 in Palo Alto, US, specializes in industrial automation solutions. The current CEO is Bernard Casse, who co-founded the company alongside Clinton Smith and Matt Shaffer.RIOS Intelligent Machines, Inc. specializes in advanced industrial automation solutions, primarily through its flagship product, RIOS Agents. These AI-powered camera and sensor systems enhance industrial process control by integrating seamlessly into existing workflows. RIOS Agents continuously monitor production environments, detect inefficiencies, and provide real-time insights for performance optimization. Their applications span various industries, including textiles and metal part fabrication, addressing challenges such as labor shortages and quality control.The revenue model of RIOS Intelligent Machines, Inc. is structured around the provision of its RIOS Agents, which are sold directly to manufacturers and industrial operators. Revenue is generated through sales of RIOS Agents and associated services, including installation and maintenance. Customers typically enter into partnership agreements that create recurring revenue streams through service agreements and potential subscription models for software analytics.In October 2023, RIOS Intelligent Machines, Inc. The company is planning to enhance its product offerings, including the launch of new AI-driven automation tools by mid-2024.
Who invested in RIOS Intelligent Machines
9 investors across 2 rounds
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Questions about RIOS Intelligent Machines
Who invested in RIOS Intelligent Machines?
RIOS Intelligent Machines has 9 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 RIOS Intelligent Machines raised?
RIOS Intelligent Machines has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did RIOS Intelligent Machines last raise money?
RIOS Intelligent Machines's most recent round on record is a Series B, in Oct 2023.
What does RIOS Intelligent Machines do?
RIOS Intelligent Machines, Inc.
Where is RIOS Intelligent Machines headquartered?
RIOS Intelligent Machines is headquartered in Palo Alto, US.
Which VCs invest in companies like RIOS Intelligent Machines?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back industrial machinery companies at RIOS Intelligent Machines's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series B
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