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AI-based Asset & Plant Performance Company, UptimeAI raises USD 3.5 Million

Bengaluru (Karnataka) [India], December 16 (ANI/PRNewswire): UptimeAI, a leading AI-based digital transformation solution provider for the energy, chemicals, and heavy industries, has raised a total of USD 3.5 Million in funding led by Emergent Ventures. Joining the round are existing investors YourNest Venture Capital and new investors Sharad Sanghi, AI Sprouts, and Venture Catalysts. With the funding, UptimeAI plans to expand in the US to cater to its growing customer base. Founded by Jagadish Gattu and Vamsi Yalamanchili, UptimeAI offers an AI-based virtual assistant software that uses patented self-learning workflows and system models to deliver human-like learning and diagnosis. The software empowers operators to improve reliability, performance, and energy efficiency with less effort. The result is 10X improvements in ROI over traditional predictive analytics and asset performance management solutions. Over the past 1.5 years, UptimeAI has deployed its solution for Fortune 500 co ....

United States , Jagadish Gattu , Sharad Sanghi , Vamsi Yalamanchili , Ankur Jain , Girish Shivani , Yournest Innovative Products Vc Fund , Oil Gas , Intelligent Enterprise Software , Yournest Venture Capital , North America , Power Generation , Subject Matter Expert , Executive Director , Fund Manager , Yournest Venture , Silicon Valley Based , Enterprise Automation , Artificial Intelligence , Silicon Valley , Yournest Innovative Products , Bengaluru Karnataka India , Ecember 16 Ani Prnewswire Uptimeai , A Leading Ai Based Digital Transformation Solution Provider For The Energy , Nd Heavy Industries , As Raiseda Total Of Usd 3 5 Million In Funding Led By Emergent Ventures Joining The Round Are Existing Investors Yournest Venture Capital And New Sharad Sanghi ,

UptimeAI Raises $3.5M in Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

United States , San Francisco , Jagadish Gattu , Sharad Sanghi , Vamsi Yalamanchili , Oil Gas , Emergent Ventures , Yournest Venture Capital , North America , Power Generation ,

AI-based Asset & Plant Monitoring Startup UptimeAI raises seed funding of $1.5M


AI-based Asset & Plant Monitoring Startup UptimeAI raises seed funding of $1.5M
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UptimeAI, which offers virtual expert for heavy industries, will use the funding to scale its core technology efforts and expand presence in international markets.
AI Plant Expert for Heavy Manufacturing Industries
“As manufacturers are challenged with margin pressures, retirement of industry experts and remote operations, UptimeAI enables operational excellence by bringing human-like intelligence at scale to process billions of data points and give precise answers , Jagadish Gattu (CEO)
SAN FRANCISCO (PRWEB)
February 18, 2021
UptimeAI, a company specializing in AI-based predictive maintenance software for heavy industries, announced that it is raising a total of $1.5M SEED funding from YourNest Venture Capital and other angel investors. This investment will help UptimeAI scale its core techn ....

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