# SmartSignal Corporation

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

- Industry: Software
- Headquarters: Lisle, US
- Website: www.smartsignal.com
- Total disclosed funding: $12M
- Latest round: Series B (Oct 1, 2001)
- Investors on record: 5

## About

SmartSignal Corporation specializes in predictive maintenance software that leverages advanced analytics and AI to optimize the performance of industrial equipment, enhancing operational efficiency for various sectors.SmartSignal Corporation, founded in 1999 in Lisle, US, focuses on predictive maintenance software solutions. In January 2011, the company was acquired by GE Intelligent Platforms. SmartSignal has engaged in 5 total deals, with their most recent funding round receiving USD 6.00 mn from investors including ARCH Development Partners and others. This round brought the total amount raised by the company to USD 6.00 mn.SmartSignal's core product is its predictive maintenance software, which uses advanced analytics and digital twin technology to monitor over 350 types of industrial equipment. It identifies anomalies through real-time sensor data, providing early warnings to clients in power generation, oil and gas, and manufacturing sectors. The software is designed to enhance operational efficiency by supporting proactive maintenance strategies, thus minimizing unplanned downtime and reducing maintenance costs. Additionally, SmartSignal offers Industrial Managed Services (IMS) that provide 24/7 monitoring and analytics management to assist clients in maximizing their software solutions.Revenue for SmartSignal is generated through software subscriptions and service agreements linked to its predictive analytics platform. Clients engage in B2B transactions, subscribing to access the software as part of their asset performance management strategies. The pricing structure typically follows a subscription model, with options for customized pricing based on the scale of implementation and service requirements, contributing to the overall financial health of the company.SmartSignal aims to develop new product offerings and expand into additional markets. Although specific upcoming products and their release dates are not detailed, the company is likely targeting growth in North America and Europe over the next few years. The recent funding of USD 6.00 mn will support these initiatives, following the acquisition of SmartSignal by GE Intelligent Platforms in January 2011, allowing for an enhanced strategic focus on predictive maintenance solutions.

## Funding rounds

- Series B, Oct 1, 2001, $12M — CID Capital, RC Capital, ARCH Development Partners, Gryffindor Capital Partners, Stephens Capital Partners

## Investors

- CID Capital (https://capitalatlas.ai/funds/cid-capital) — Series B
- RC Capital (https://capitalatlas.ai/funds/rc-capital) — Series B
- ARCH Development Partners (https://capitalatlas.ai/funds/arch-development-partners) — Series B
- Gryffindor Capital Partners (https://capitalatlas.ai/funds/gryffindor-capital-partners) — Series B
- Stephens Capital Partners (https://capitalatlas.ai/funds/stephens-capital-partners) — Series B