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.
- Website
- www.beet.com/
- 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
Investors
Ranked
52nd among 185 active competitors
Employee Count
28 as on Apr 30, 2026
Legal entities associated with Beet Analytics Technology
Beet Analytics Technology is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BEET INC CIN: 451670909 , United States, Active | Dec 31, 1999 | - | 25 (As on Dec 31, 2023) | - |
BEET, LLC CIN: 20211560487 , United States, Active | Jun 18, 2021 | $1M - $5M (As on Feb 28, 2017) | - | - |
Beet, Inc CIN: 1697090 , United States, Active | $1M - $5M (As on Jan 15, 2020) | - | - |
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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:
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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 |
View details of Beet Analytics Technology's funding rounds and investors
Beet Analytics Technology's founders and board of directors
Founder? Claim ProfileThe 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:
- David Wang: Co-Founder & CEO of Beet Analytics Technology. Contact Info: 1 email address
- Mike Minelli: CEO of Beet Analytics Technology.
View details of Beet Analytics Technology's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of industrial artificial intelligence platform for energy and manufacturing sectors | - | 62/100 | ||
2nd | Provider of event-driven integration platform for real-time data streaming and management | - | 60/100 | ||
3rd | Uptake 2014, Chicago (United States), Series D | Cloud-based platform for predictive analytics and asset performance management | $282M | 60/100 | |
4th | AVEVA 1967, Cambridge (United Kingdom), Acquired | Developer of industrial software for engineering operations and data management | - | 58/100 | |
5th | Developer of an enterprise platform providing agentic AI and search solutions | $28.2M | 57/100 | ||
6th | Altizon 2013, Princeton (United States), Series A | Provider of industrial IoT platforms for factory and asset monitoring | $13.8M | 56/100 | |
7th | Brain Cube 2007, Issoire (France), Series B | Cloud based IoT and data analytics for manufacturing business | $102M | 55/100 | |
8th | OSIsoft 1980, San Leandro (United States), Acquired | Cloud based business intelligence software | $143M | 54/100 | |
9th | Deepmatrix 2022, Bengaluru (India), Seed | AI based geospatial data management and GIS mapping platform | $2.2M | 51/100 | |
10th | AI-based manufacturing software for production team | $12.3M | 51/100 | ||
52nd | Beet Analytics Technology 2011, Plymouth (United Kingdom), Seed | 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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Beet, an Industry 4.0 Expert, Relocates Headquarters to SouthfieldDbusiness•Jul 18, 2022•Beet Analytics Technology
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