Samotics
Latest round
- Series A
Last raised
- Dec 2021
Total raised
- $16M
Investors
- 1
About Samotics
Samotics BV, founded in 2015 in Leiden, Netherlands, focuses on developing condition monitoring systems for water utilities.Samotics specializes in providing advanced condition monitoring solutions tailored for water utilities, particularly focusing on submerged sewage pumps, Archimedes screw pumps, and borehole pumps. Their primary offering, the Condition Monitoring System, employs Electrical Signature Analysis to deliver real-time insights into equipment performance, enabling predictive alerts for maintenance needs up to months in advance. This system allows organizations to transition from time-based maintenance to condition-based monitoring, significantly reducing the risk of unexpected failures, costly repairs, and environmental repercussions. Samotics serves a diverse clientele, including major global water utilities and industrial sectors such as wastewater, clean water, chemicals, and oil and gas.Samotics generates revenue primarily through the sale of its Condition Monitoring System, structured as a subscription model for its clients. This model allows customers to access ongoing condition monitoring services, leveraging the system's predictive capabilities for maintenance planning and operational efficiency. The firm collaborates directly with water utilities and industrial clients to implement its technology, often involving partnerships that facilitate the integration of their monitoring systems into existing infrastructure. Revenue is driven by both initial installation fees and recurring subscription costs associated with data analytics and ongoing support. The company's flagship product is designed to deliver high return on investment, contributing to a sustainable financial structure through enhanced efficiency and reduced operational costs for users. The company aims to expand its product offerings, enhancing the capabilities of its Condition Monitoring System and exploring new markets within the water utility sector. Specific geographic regions for expansion have not been detailed, but the firm is committed to bolstering its presence in key European markets.
Who invested in Samotics
1 investor across 1 round
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Funding rounds
Series A
Dec 13, 2021
Amount
$16M
Investors
Questions about Samotics
Who invested in Samotics?
Samotics has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Samotics raised?
Samotics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Samotics last raise money?
Samotics's most recent round on record is a Series A, in Dec 2021.
What does Samotics do?
Samotics BV, founded in 2015 in Leiden, Netherlands, focuses on developing condition monitoring systems for water utilities.
Where is Samotics headquartered?
Samotics is headquartered in Leiden, Netherlands.
Which VCs invest in companies like Samotics?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Samotics's stage. Their profiles are linked below.
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