8 SaaS Startups in the Industrial Automation Industry

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in the Industrial Automation industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 8 VC funded SaaS startups in the Industrial Automation industry.

Ant Workshop

An e-commerce platform called Ant Works combines supply chain services, the Internet, and items for industrial automation. The core body of the project is "industrial cloud components + Internet + supply chain SAAS services," which intends to create a new industrial product marketing approach. a platform that combines online and physical services, transactions, and support. High cost performance, authentic assurance, quick shipment, free 3D download, and other features are among its features. Customers may conveniently find and buy relevant items thanks to a variety of product categories and an enough supply.

Company details:
Founders:
Maolin Cai
Founded:
2017
Based in:
Shenzhen, Guangdong, China
Website:
Ant Workshop
Industries:
E-Commerce, E-Commerce Platforms, Industrial, Industrial Automation, SaaS
Latest funding:
$15,679,879
Series B
9 December 2021
Total funding:
$15,679,880
Investors
Shunwei Capital, Dragonrise Capital, Taichi Capital

BRYTER

BRYTER is a no-code software platform that supports and automates its customers' creation of digital apps. It enables public administration, banks, corporations, and consultancy companies to spread their services globally through digitization. Berlin, Frankfurt, and London are the locations of BRYTER's offices. Professionals from firms like BakerMcKenzie, HoganLovells, Taylor Wessing, Simmons & Simmons, ING, Telefónica, and others are supported by the software on a global scale. Its headquarters are in Berlin, Germany, and it was established in 2018.

Company details:
Founders:
Michael Grupp
Founded:
2018
Based in:
Berlin, Berlin, Germany
Website:
BRYTER
Industries:
Compliance, Enterprise Software, Industrial Automation, Legal Tech, SaaS, Software
Latest funding:
$66,000,000
Series B
7 April 2021
Total funding:
$89,000,000
Investors
Accel, Tiger Global Management, Notion Capital, Dawn Capital, Cavalry Ventures

GAMMA AR

Construction site managers and craftsmen can benefit from GAMMA AR's augmented reality-based construction management software by intuitively overlaying 3D BIM Models accurately on the site. This reduces errors and enables quick and clear communication and progress monitoring, which ultimately saves time and money. The program overlays the workplace using augmented reality on mobile devices utilizing data from Building Information Models (BIM). This enables various building process participants, such as site managers and craftspeople, to keep a close eye on and monitor the construction site as it develops. Faults in the 3D BIM model as well as errors on the construction site (such as missing plumbing apertures in walls) are easily detectable and may be avoided at an early stage of the building process. GAMMA AR gives users the ability to annotate text, photos, and audio in addition to the ability to flag mistakes. All relevant stakeholders may see these annotations in the app and in a common web service. This makes the customary physical communication between many stakeholders that takes place at various phases of the building process considerably more effective. Early detection of building mistakes is essential because if they go unnoticed, they can become much more expensive to rectify and take much longer to complete. Therefore, GAMMA AR saves time in addition to lowering building expenses. Additionally, GAMMA AR continues to be useful even after construction is complete since it aids facility managers in sustaining buildings by offering visualization and communication infrastructure (e.g. visualize cables inside a wall for electricians). Using the GAMMA BIM PORTAL, planners and project managers may access the data from GAMMA AR in real-time. Users may connect with other solutions, distribute data, manage tasks with assignments, due dates, and revision statuses, and manage their projects here.

Company details:
Founders:
Caner Dolas, Jayan Jevanesan
Founded:
2019
Based in:
Luxembourg, Luxembourg, Luxembourg
Website:
GAMMA AR
Industries:
Apps, Construction, Industrial Automation, Information Technology, Residential, SaaS, Software
Latest funding:
$1,187,335
Seed
6 September 2021
Total funding:
$1,187,335
Investors
Husqvarna, Luxembourg-City Incubator

MachineMetrics

MachineMetrics is an Industrial IoT analytics and machine monitoring platform that empowers customers through real-time data.Our fully automated manufacturing analytics solution provides visualizations of real-time manufacturing production data, predictive notifications, as well as historical analytics, allowing factory workers to make faster, smarter, more confident decisions based on real-time data. We've simplified IoT for the shop floor and are empowering manufacturers with the easiest to use and simplest to integrate software on the market. MachineMetrics is driving manufacturing efficiency by more than 20% on average for our customers.

Company details:
Founders:
Bill Bither, Eric Fogg, Jacob Lauzier
Founded:
2015
Based in:
Northampton, Massachusetts, United States
Industries:
Analytics, Industrial Automation, Internet, Manufacturing, Predictive Analytics, SaaS, Software
Latest funding:
$20,000,000
Series B
16 June 2021
Total funding:
$37,654,263
Investors
Bolt, MassVentures, Hyperplane Venture Capital, Ridgeline, Teradyne

MākuSafe

MkuSafe, a wearable technology company founded in 2016, uses SaaS and IoT sensors to identify, forecast, and avoid danger in working settings. Organizations may utilize the award-winning technology developed by MkuSafe to find real leading signs and proactively lower risk for their workers. Their unique wristband gadget has sensors that detect ambient and employee mobility data while they work and transmit that information back to the MkuSmart platform. Employee- and machine-generated reports about the environment, safety, and productivity may be seen on the cloud dashboard by safety and operational staff.

Company details:
Founders:
Gabriel Glynn, Mark Frederick
Founded:
2016
Based in:
West Des Moines, Iowa, United States
Website:
MākuSafe
Industries:
Artificial Intelligence, B2B, Big Data, Industrial Automation, Information Technology, InsurTech, SaaS, Software
Latest funding:
$7,000,000
Series A
1 September 2021
Total funding:
$17,200,000
Investors
Next Level Ventures, EMC Insurance, Twelve19 Ventures, Colin Hurd

PixieBrix

PixieBrix is a low-code extension builder to rapidly customize and automate the web tools your teams already use

Company details:
Founders:
Michael Mirandi, Todd Schiller
Founded:
2021
Based in:
New York, New York, United States
Website:
PixieBrix
Industries:
Industrial Automation, SaaS, Web Development
Latest funding:
$5,400,000
Series A
26 July 2022
Total funding:
$8,900,000
Investors
New Enterprise Associates, Paul Holland, Dan Wright, Chris Stolte

SIERA.AI

SIERA.AI provides industrial operations with a SaaS dashboard to digitize compliance paperwork, monitor equipment health, and track safety violations using data from AI-enabled sensors, assisting them in increasing the productivity and safety of their industrial vehicles (such as forklifts, tow tractors, cranes, etc.). Manufacturing, transportation, wholesale and retail commerce, logistics, utilities and energy, government, and the food and beverage industry are just a few of the industries served by SIERA.AI, which is based in North America.

Company details:
Founders:
Saurav Agarwal, Suhas Ahuja
Founded:
2017
Based in:
Austin, Texas, United States
Website:
SIERA.AI
Industries:
Artificial Intelligence, Computer Vision, Industrial Automation, Internet of Things, Machine Learning, Manufacturing, Predictive Analytics, SaaS, Sensor, Software
Latest funding:
$6,800,000
Seed
3 November 2021
Total funding:
$6,800,000
Investors
Texas HALO Fund, Parkway Venture Capital, Ubiquity Ventures

WAKU Robotics

The business provides WAKU Sense, a cloud-based SaaS system, which links and coordinates robots from various manufacturers in warehouse and production settings. Mobile robots are analyzed and managed by WAKU Sense to guarantee robot compatibility. The business also offers the largest comparison website for mobile industrial robots with over 300 robots on LotsOfBots.com.

Company details:
Founders:
Alexander Bresk, Florian Purchess, Leo Käßner, Sander Nijssen, Victor Splittgerber
Founded:
2019
Based in:
Berlin, Berlin, Germany
Industries:
Artificial Intelligence, Industrial Automation, Machine Learning, Robotics, SaaS, Software, Warehousing
Latest funding:
$1,523,504
Seed
3 August 2022
Total funding:
$2,705,048
Investors
Pi Labs, Plug and Play, TGFS - Technologiegründerfonds Sachsen, Schauenburg Ventures GmbH, Plug & Play Mexico

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