Symboticware

SoftwareSeedSudbury, Canadasymboticware.com

Latest round

Seed

Last raised

Aug 2021

Total raised

$2.2M

Investors

4

About Symboticware

Based in Canada, Symboticware Inc.Symboticware Inc. focuses on providing data-driven analytics solutions for industries such as mining, forestry, agriculture, and construction. Founded in 2008, the company is headquartered in Sudbury, Canada. The firm was founded by Kirk Petroski, who has a history of entrepreneurial ventures.AI specializes in advanced data ingestion and analytics solutions designed to enhance operational efficiency for various asset-intensive industries, including mining, forestry, agriculture, and construction.Parts, leverage technology to gather and analyze data from a wide range of equipment, from haul trucks to underground support vehicles.Machines enables real-time data transfer to the cloud through Wi-Fi, LTE, or satellite connectivity, facilitating data transparency in remote locations.Parts employs predictive analytics to assess the remaining lifetime of equipment components, reducing unscheduled downtime and maintenance costs.AI generates revenue primarily through subscription-based models and direct partnerships with clients in asset-heavy sectors.Parts systems into their operations, enhancing data capabilities. Transactions are structured as recurring subscription services, providing clients with ongoing access to real-time data analytics and predictive maintenance tools. The pricing model accommodates various service tiers, allowing clients to select options based on their operational needs and scale.In August 2021, Symboticware Inc. The company plans to expand its product offerings with upcoming innovations designed to enhance its analytics capabilities. Additionally, Symboticware is targeting expansion into new geographic markets, specifically aiming to increase its presence in North America and Australia by the end of 2023.

Who invested in Symboticware

4 investors across 1 round

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Funding rounds

  1. Seed

    Aug 18, 2021

    Amount

    $2.2M

    Investors

    Locked

Questions about Symboticware

Who invested in Symboticware?

Symboticware has 4 investors 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 Symboticware raised?

Symboticware has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Symboticware last raise money?

Symboticware's most recent round on record is a Seed, in Aug 2021.

What does Symboticware do?

Based in Canada, Symboticware Inc.

Where is Symboticware headquartered?

Symboticware is headquartered in Sudbury, Canada.

Which VCs invest in companies like Symboticware?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Symboticware's stage. Their profiles are linked below.

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