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Beet Analytics Technology - About the company

Beet Analytics Technology is a seed company based in Plymouth (United Kingdom), founded in 2011 by David Wang. It operates as a Machine diagnostic and analytical tools for manufacturing.. Beet Analytics Technology has raised $3.08M in funding from Oakland University. The company has 185 active competitors, including 47 funded and 23 that have exited. Its top competitors include companies like Algo8, Solace and Uptake.

Company Details

Beet Analytics provides diagnostic and analytical tools that accelerate problem solving in complex manufacturing and automation operations. Software improves problem identification and reduce production downtime. Its flagship product Envision software is a predictive maintenance software. Envision enables user to digitize all of manufacturing operations and monitor them anywhere in real time. It ensures that all assembly processes are operating with in acceptable parameters and compiles data & presents it in EKG style graph, making problem identification easy. Beet currently features two versions of Envision: System Scope (for Single Machine), Factory Smart (for whole line or entire factory). Beet is the Automation Alley award Winner for 2014.
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Registered Address
Plymouth, Michigan
Key Metrics
Founded Year
2011
Location
Plymouth, United Kingdom
Stage
Seed
Total Funding
$3.08M in 4 rounds
Latest Funding Round
Ranked
Employee Count
28 as on Apr 30, 2026
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Beet Analytics Technology's funding and investors

Beet Analytics Technology has raised a total funding of $3.08M over 4 rounds. Its first funding round was on Nov 01, 2012. Beet Analytics Technology has 4 institutional investors.

Here is the list of recent funding rounds of Beet Analytics Technology:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 15, 2020
2219451
Seed
7973663
4583091
5874253
3336383
Feb 28, 2017
2717909
Seed
7660080
8523785
2186874
7665103
Jan 01, 2016
4564349
Grant (prize money)
3986258
4255264
5469924
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Beet Analytics Technology's founders and board of directors

Founder? Claim Profile
The founders of Beet Analytics Technology is David Wang. Mike Minelli and Michael Wieland are the CEOs of Beet Analytics Technology.
Here are the details of Beet Analytics Technology's key team members:

Beet Analytics Technology's employee count trend

Beet Analytics Technology has 28 employees as of Apr 26. Here is Beet Analytics Technology's employee count trend over the years:
Employee count trend for Beet Analytics Technology
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Beet Analytics Technology's Competitors and alternates

Top competitors of Beet Analytics Technology include Algo8, Solace and Uptake. Here is the list of Top 10 competitors of Beet Analytics Technology, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Algo8
Algo8
2016, Noida (India), Seed
Provider of industrial artificial intelligence platform for energy and manufacturing sectors
-
62/100
2nd
Logo for Solace
Solace
2001, Ottawa (Canada), Acquired
Provider of event-driven integration platform for real-time data streaming and management
-
60/100
3rd
Logo for Uptake
Uptake
2014, Chicago (United States), Series D
Cloud-based platform for predictive analytics and asset performance management
$282M
60/100
4th
Logo for AVEVA
AVEVA
1967, Cambridge (United Kingdom), Acquired
Developer of industrial software for engineering operations and data management
-
58/100
5th
Logo for Sinequa
Sinequa
2002, Paris (France), Acquired
Developer of an enterprise platform providing agentic AI and search solutions
$28.2M
57/100
6th
Logo for Altizon
Altizon
2013, Princeton (United States), Series A
Provider of industrial IoT platforms for factory and asset monitoring
$13.8M
56/100
7th
Logo for Brain Cube
Brain Cube
2007, Issoire (France), Series B
Cloud based IoT and data analytics for manufacturing business
$102M
55/100
8th
Logo for OSIsoft
OSIsoft
1980, San Leandro (United States), Acquired
Cloud based business intelligence software
$143M
54/100
9th
Logo for Deepmatrix
Deepmatrix
2022, Bengaluru (India), Seed
AI based geospatial data management and GIS mapping platform
$2.2M
51/100
10th
Logo for Azumuta
Azumuta
2013, Ghent (Belgium), Series A
AI-based manufacturing software for production team
$12.3M
51/100
52nd
Machine diagnostic and analytical tools for manufacturing.
$3.08M
37/100
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Beet Analytics Technology's Investments and acquisitions

Beet Analytics Technology has made no investments or acquisitions yet.

News related to Beet Analytics Technology

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