MachineMetrics - About the company
MachineMetrics is a series B company based in Northampton (United Kingdom), founded in 2014 by Jacob Lauzier. It operates as a Developer of machine monitoring software for industrial manufacturing production operations. MachineMetrics has raised $37.7M in funding from investors like Tola Capital, MassVentures and Teradyne. The company has 183 active competitors, including 34 funded and 10 that have exited. Its top competitors include companies like Silicon Labs, Seeq and Sight Machine.
Company Details
Developer of machine monitoring software for industrial manufacturing production operations. This platform connects to equipment to collect data regarding machine health and performance. It integrates with enterprise resource planning systems to track work orders and automate scheduling. The software provides analytics to identify production bottlenecks and downtime events. Maintenance teams utilize these insights to perform proactive repairs on equipment. Operators access real-time data to manage production flows and monitor output. The system supports connectivity across various machine types to facilitate visibility into shop floor activities.
- Website
- www.machinemetrics.com/
- Registered Address
- Northhampton, Massachusetts
Key Metrics
Founded Year
2014
Location
Northampton, United Kingdom
Stage
Series B
Total Funding
$37.7M in 4 rounds
Latest Funding Round
Investors
Ranked
16th among 183 active competitors
Employee Count
48 as on Jul 31, 2026
Similar Companies
Legal entities associated with MachineMetrics
MachineMetrics is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Machinemetrics, Inc. CIN: 32089314002 , United States, Active | - | - | - | |
MACHINEMETRICS CIN: 473965312 , United States, Active | Dec 31, 1999 | - | 42 (As on Dec 31, 2024) | - |
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MachineMetrics's funding and investors
MachineMetrics has raised a total funding of $37.7M over 4 rounds. Its first funding round was on Jun 29, 2015. Its latest funding round was a Series B round on Jun 16, 2021 for $*****. 4 investors participated in its latest round. MachineMetrics has 10 institutional investors.
Here is the list of recent funding rounds of MachineMetrics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 16, 2021 | 1816990 | Series B | 2836935 | 9188153 | 9240084 | 9412868 |
Dec 04, 2018 | 1844316 | Series A | 6581170 | 6081288 | 7138905 | |
Nov 04, 2016 | 3782080 | Seed | 5059861 | 5174976 | 2325910 | 9866075 |
View details of MachineMetrics's funding rounds and investors
MachineMetrics' founders and board of directors
Founder? Claim ProfileThe founders of MachineMetrics is Jacob Lauzier.
Here are the details of MachineMetrics' key team members:
- Jacob Lauzier: Co-Founder & CTO of MachineMetrics.
View details of MachineMetrics's Founder profiles and Board Members
MachineMetrics' employee count trend
MachineMetrics has 48 employees as of Jul 26. Here is MachineMetrics's employee count trend over the years:
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MachineMetrics's Competitors and alternates
Top competitors of MachineMetrics include Silicon Labs, Seeq and Sight Machine. Here is the list of Top 10 competitors of MachineMetrics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Silicon Labs 1996, Austin (United States), Acquired | Developer of wireless and non-wireless technologies, software, tools, and services | - | 75/100 | |
2nd | Seeq 2013, Seattle (United States), Series D | Industrial data analytics solutions provider | $198M | 65/100 | |
3rd | Sight Machine 2011, San Francisco (United States), Series D | Provider of industrial AI solutions for manufacturing process optimization and automation | $85.5M | 63/100 | |
4th | AVEVA 1967, Cambridge (United Kingdom), Acquired | Developer of industrial software for engineering operations and data management | - | 63/100 | |
5th | Developer of AI platform automating defect inspection for semiconductor manufacturing | $12M | 61/100 | ||
6th | OSIsoft 1980, San Leandro (United States), Acquired | Cloud based business intelligence software | $143M | 54/100 | |
7th | Optelos 2016, Austin (United States), Series A | Provider of a visual data management and AI-powered asset inspection platform | $3.29M | - | 52/100 |
8th | OptimalPlus 2005, Holon (Israel), Acquired | Provider of yield management solutions for the semiconductor industry | $81M | 51/100 | |
9th | Arundo Analytics 2015, Palo Alto (United States), Series A | AI solutions for industrial excellence, optimizing operations and accelerating decisions | $32.6M | 49/100 | |
10th | Provider of an IoT based solution monitor industrial assets & equipment | $11.6M | 47/100 | ||
16th | MachineMetrics 2014, Northampton (United Kingdom), Series B | Developer of machine monitoring software for industrial manufacturing production operations | $37.7M | 44/100 |
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MachineMetrics's Investments and acquisitions
MachineMetrics has made no investments or acquisitions yet.
Reports related to MachineMetrics
Here is the latest report on MachineMetrics's sector:
News related to MachineMetrics
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Data-driven program helps manufacturers achieve on-time deliveryCanadian Metalworking•Sep 11, 2024•MachineMetrics
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MachineMetrics announces partnership with Universal RobotsThe Robot Report•Sep 26, 2022•MachineMetrics, Universal Robots
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MachineMetrics, Universal Robots partner to automate robot performance monitoringThe FABRICATOR•Sep 23, 2022•MachineMetrics, Universal Robots
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MachineMetrics appoints chief revenue officerThe FABRICATOR•Jul 13, 2021•MachineMetrics, Plex Systems
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MachineMetrics raises $20M to meet industrial analytics demandVentureBeat•Jun 16, 2021•MachineMetrics, Teradyne, Ridgeline, Tola Capital and 4 others
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MachineMetrics forms Industrial Internet of Things (IIoT) partner ecosystemTelecompaper•Oct 18, 2019•MachineMetrics
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Predictive Analytics Application Enables Remote Machine ServiceMmsonline•Feb 25, 2019•MachineMetrics
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MachineMetrics Announces $11.3 Million Series A Funding RoundPR Newswire•Dec 11, 2018•MachineMetrics, Tola Capital, Hyperplane, LRVHealth and 3 others
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