# Zerynth S.p.A.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zerynth-s-p-a

- Industry: Software
- Headquarters: Pisa, Italy
- Website: www.zerynth.com
- Total disclosed funding: $2.4M
- Latest round: Series A (Sep 8, 2020)
- Investors on record: 1

## About

Zerynth S.p.A. is an Italian technology company focused on enhancing manufacturing efficiency through an advanced Industrial IoT and AI platform, optimizing operational processes across diverse sectors.Founded in 2015 in Pisa, Italy, Zerynth S.p.A. specializes in Industrial IoT solutions. The company was co-founded by Gabriele Montelisciani, who also serves as CEO, alongside Giacomo Baldi and Gualtiero Fantoni. Zerynth has participated in 2 funding deals, raising a total of EUR 5.3 million, with the latest round in November 2022 led by United Ventures.Zerynth specializes in providing an advanced Industrial IoT and AI platform designed to optimize manufacturing processes across various industries, including metalworking, waste management, food production, and logistics. Their core offerings encompass a comprehensive Work Order Management App, Equipment Health Monitoring, Production Tracking, and Energy Flow Monitoring. These applications facilitate real-time insights into operational conditions, enabling businesses to monitor machinery health, prevent failures, and streamline production workflows. The platform integrates seamlessly with existing systems and does not require complex programming, making it accessible for manufacturers looking to enhance efficiency through digital transformation. Zerynth serves a diverse client base, including over 150 companies, with significant clients in Europe and North America, and is expanding its reach into both EU and non-EU markets.In the most recent fiscal year of 2023, Zerynth reported a revenue of EUR 1,300,542.80, with an EBITDA of EUR -2,310,581.60, indicating a challenging financial performance amid its growth efforts.Following a successful funding round where Zerynth raised EUR 5.3 million in November 2022, the company plans to utilize these funds for geographic expansion over the next three years, developing new product features, and building partnerships. Zerynth aims to launch updated products designed for enhanced user experience and to penetrate new markets, specifically targeting regions outside of its traditional European base.

## Funding rounds

- Series A, Sep 8, 2020, $2.4M — Vertis

## Investors

- Vertis (https://capitalatlas.ai/funds/vertis) — Series A